Our goal is to create an innovation and learning interface between Nordea and startup companies. It is essential to learn

new agile working methods and identify the ideas that add most value to the customers.

Nordea Startup #nordeastartup

Nordea Startup Accelerator, in cooperation with Nestholma

Venture Accelerator, is looking for new FinTech innovations to

support Nordea’s vision to become a leading digital bank in Europe.

Join Nordea Startup Accelerator 2016

Accelerate your business development

Form the banking of the future

Mentoring, training, guidance, networking, partnerships

Seed funding

May-Aug – Applications

Aug – Selection

Sep-Dec – Nordic 12-week program

Dec – Demo day

@nordeastartup

www.nordeaaccelerator.com

Identify opportunities for new incremental and radical business innovation – form the future bank Claim our spot on the Nordic startup scene as a corporate innovation partner Stimulate growth of innovative culture and insight in Nordea

Themes 2016

Banks role in sharing economy Sharing instead of owning is becoming more and more

common – cars, homes, durable goods. What roles could banks play in the sharing networks? Where can

banks add value to these networks?

Emerging Technologies e.g. cognitive computing, artificial intelligence

or Blockchain technology – how can it improve the ways we serve our customers’ needs.

Digital Life and Pension For most people life insurance and pension is simply boring, high on

complexity and low on interest. We want to change that. How does the future of life insurance and

pension look like? How can we use technology to make it more relevant and easier to relate to?

Themes 2016 … continued

Compliance and changes in regulation Customers should always be able to get the services most

suitable for them. Trust and security is a must. The authorities are speeding up the development through

regulations for the benefit of customers, e.g. Payment Service Directive 2 or Know Your Customer. How can

banks turn these demands into benefits and value for customers?

Banks as collaboration enablers New business partnerships and ecosystems should be able to emerge and

dissolve effortlessly. Partnerships can emerge between businesses, business and consumers but also between

consumers. Trust is a cornerstone of any partnership. Today forming value adding partnerships can take long time

because of lack of trust leading to heavy due diligence process. Opportunities are lost because of lack of platform for

collaboration. What kind of collaborative ecosystems can banks offer with their extensive network, market insight and

role as authentication and compliance provider?

Surprise us What have we not thought of yet? Something that our customers would appreciate.

Nordea’s value proposition to startups

• Partnering with Nordea to bring forward your innovation

• Gain domain knowledge and business insight of banking

• Get access to Nordea’s customers, data and markets

• Mentoring by entrepreneurs and FinTech and Nordea experts

• Sparring with global tech giant

• Piloting Nordea’s open APIs

• Expanding your professional network

• Funding opportunities

In Nordea Startup Accelerator 2016 you will be

able to explore how Nordea’s APIs can bring

value to customers as part of your service

Depending on your value proposition and the

progress during the programme Nordea is prepared

to implement services to production in 2017

With Nordea APIs you can initiate payments as

part of you service flow. Additionally we will offer

APIs related to cards, accounts, loans and chat

functionality

Additionally IBM partners with Nordea

Accelerator to offer wide range of Bluemix

services for you to use

Join Nordea in developing tomorrow’s Banking APIs

• Venture accelerator that helps startups and large corporations to work together.

• Proven and unique accelerator model. Nestholma has built programmes for many different types of companies (Nordea,

Microsoft etc.). The model combines active investments with hands-on training and business development support for startups.

• Nestholma invests into the accelerator startups and thus has a long-term interest in helping the companies to succeed. Currently

the portfolio holds 20+ companies.

• www.nestholma.com

Nordea’s experienced accelerator partner

• Nestholma makes a long-term commitment into the startups by investing into all startups accepted into the program

• Typical first investment is approx. 12.000 €

• The maximum total size of investments into a startup is 150.000€

• Investments are done in phases based on agreed milestones and progress

• Usually the investments will be done during the 12 month period from starting the accelerator program

Nestholma’s investment model

Additional partners

• Expertise within cutting edge technologies developed by TCS

innovation labs especially Blockchain, Machine learning and

Artificial intelligence

• Tech and domain expertise across 13 different industries

• Global perspective and international benchmarking

• Sparring and guidance for further development

• Open co-creation and innovation platform to build, run and

manage various types of applications (Web, Mobile, Big Data,

IoT, etc.)

• Additional usage credits for IBM services and APIs on Bluemix

including Cognitive, Blockchain, IoT and others

• Access to deep IBM expertise in Bluemix and agile development

• Opportunity to join the IBM Global Entrepreneur Programme

Time schedule NSA 2016

12.5 Online 7.8

22.-26.8 Oslo

26.8 Final selection

May June July August September October November December

12.9 Helsinki and Stockholm 2.12

Final events 2.12

Applications Selection week Nordic 12 weeks on-site programme

Monday 22.8

Registration (9 AM)

Nordea and Nestholma

keynote

Startups pitch

Speed dating

Peer-2-peer mentoring

09:00

Tuesday

Iterative bus. model

development

Lean Canvas

Training in Sales

Wednesday

Validating the

problem

Face the customer

Convince Nordea

Executives

Mentoring by TCS

Thursday

Pitching

Networking

IBM Bluemix

Selection

Celebration

Friday 26.8

1-on-1 with each

selected startup

Practicalities for

joining the programme

21:00

Value of

the day

Learn about Nordea view

points and network with

up to 50 other startups

Learn how to build a great

product and a great team,

while involving customers

Validate the problem with

real customers, shake hands

with Nordea Executives, learn

from tech giant TCS

Pitching training and

announcing the final

selection for the

programme; party

Paperwork ready for

the selected startups

Training and selection week Oslo

During the week meet Nordea executives, experts and external guests. Workshops are facilitated by Nestholma.

09:00

16:00

12-week on-site programme schedule with

1 2 3 4 5 8 9 10 11 12

Startup day Mentor day Demo day

Main events

Themes and workshops

Building the team and the company

Getting funding and growing

Developing/validating ideas and business models

Understanding the market Marketing and selling

Understanding the customer

Guest speakers

Guests from other startups, technology companies, industry experts, etc.

Mentoring

Every startup has at least one mentor from Nordea. Nestholma mentors also available as needed. Startups are also engaged to provide peer2peer mentoring through-out the programme.

LEARN DO PITCH

12.9 2.12

Nordea Startup Accelerator 2015

The first Nordea Startup Accelerator in 2015 focused on following themes:

Innovative solutions that inspire customers to define, follow, and achieve their dreams.

Paying - it's just a transaction: how to add value before and after?

Creating a personal experience through digital touch points regardless of time and space

12 Startups participating Examples of outcomes

Nordea is developing a joint pilot with JNY and Feeling Stream

B2BPay has been admitted to Barclay’s TechStar accelerator in Israel

New business opportunities opened for PayPeanuts through Nordea’s partner network

Funding received during programme > 600 K€

I strongly encourage you all to engage and apply for this year’s Nordea Accelerator programme. We see that the future success and great customer experiences are more and more achieved by working together with various different partners, startups being one of them.

Join Nordea Startup Accelerator

Apply at www.nordeaaccelerator.com

Casper von Koskull President and CEO of Nordea Bank AB (publ)