L A U N C H P A D
With the impact of Covid 19 highlighting the increasing need to accelerate the digitalising of financial processes, whilst also putting pressure on rising unemployment and lack of access to capital, Fennech is pleased to announce its start-up program Launchpad. This exciting initiative will allow start-ups, and newly established businesses, to build their own products or applications on Fennech’s powerful development and processing engine - F
The F platform is an industrial strength platform designed to automate financial operations and large scale pre & post payment processes. Click here to see some examples of functionality you could deploy.
Successful applicants will get the chance to work with the experienced Fennech team who can help co-create and validate the product idea in focused workshops. Applicants will need to cover the costs of their specific product development, but the live deployment and operation of the product will be license free for the first two years from product launch. Transaction based priced pricing is waived for at least 6 months from the first transaction being processed.
Q U A L I F I C A T I O N R U L E S
1. You must be a pre-revenue start-up or a business established in the last 3 years or with a turnover of <£2m.
2. The product or service you are creating will only be released in the following Geographical areas EEA and North America.
3. Fennech is not seeking an equity share in your product or business in return.
4. The applicant will own and retain any specific IP within their own product. Fennech will retain full IP ownership of the underlying development and processing F platform.
5. We may selectively consider innovative applications from companies that do not meet the above criteria but where the social impact of the development is high. Please use the online form to apply.