The Financial technology industry is also known as the FinTech industry. FinTech is using creativity, innovation and a lot of talent to disrupt the old marketplace that was designed by traditional financial institutions. The traditional financial industry is a dinosaur. The archaic system used by banking institutions has caused more harm than most people realize. The typical front-end consumer is exposed to a system that is rooted in greed and mismanagement. The FinTech industry is replacing the outdated banking system with new applications, products, processes and business models. Regular consumers as well as the retail industry, and the corporations that desperately need help when it comes to competitive financing solutions and investments are turning to the FinTech industry.
Mike Baur, a former Swiss banker, is keenly aware of the issues facing the worldwide financial industry. Baur was a Banker in Switzerland for more than 25 years. Mike is one of those Swiss bankers that had clients all over the world. Some of those clients got special treatment from the Swiss banks, and other clients just went with the flow. Baur saw an opportunity to make a difference when he realized that the FinTech industry had the potential to revolutionize the banking industry. Baur is an entrepreneur that happened to be a Swiss banker, and after 25 years of service, he decided to venture out on his own, and start a company that taught tech and other companies how to survive in the global marketplace. Mike called his new venture, the Swiss Startup Factory.
The Swiss Startup Factory is an intense training platform that helps entrepreneurs network, raise capital, understand corporate finance, manage people, and most of all, make money. Baur made a lot of money for the Swiss banks he worked for over the years. He wanted to share that knowledge with the entrepreneurs that will make a difference in the global economy in the future.
The Swiss Startup Factory is all about learning. Mike Baur teaches his clients how to be experts in their chosen fields. Mike offers them a series of intense courses that include accounting, financial management, operations, networking skills, and investor interaction. Those topics are offered in a three-month accelerator program. The Swiss Startup Factory also provides office space and furniture as well as an in-house gym and restaurant.
The Swiss Startup Factory has been up and running for the last two years. There is a long list of graduates from Baur’s company. Many of his clients are based in Switzerland, but others are based in countries around the world.