On September 13, the newspaper Expansión announced that the Bankia Fintech program by Insomnia had concluded its incubated and accelerated selection phase and increased their nominations of ten startup companies to fifteen.
The accelerated selection phase started on June 10th and ended on July 25th, resulting in 48 startup candidates and approximately 120 firms, with TheLogicValue being one of the few selected.
Bankia Fintech by Insomnia is the first fintech incubator and accelerator in Spain that was born with a collaborative purpose. The companies and accelerator that are currently in this project will have a ‘Partners Day’ with Bankia in which they will be able to establish financing, investment or commercialization agreements with the financial entity.
The companies from different areas of Spain include: Arm, Betterplace, Brickfunding, Chip-Chap, Declarando, Exportory, Handbe, Inespay, PetyCash, Simple Advisor, Splitfy, TheLogicValue, Transfer Zero and Zank.
In being one of the fifteen selected startup companies, we are motivated to continue advancing in our project!
You can see the full new here.