Become part of the biggest acceleration program in the Brazilian financial sector.
Applications for batch #4 are closed.
Early apply for batch #5!
Become part of the biggest acceleration program in the Brazilian financial sector.
Applications for batch #4 are closed.
Early apply for batch #5!
NEXT Acceleration takes technology based companies with high market growth potential to the next level. The program is focused on operational startups and is the only one specifically designed for the financial sectorby market specialists.
Fenasbac has over 6 years of experience in the creation of startup acceleration and innovation ecosystemslike LIFT, in partnership with the Central Bank of Brazil. Next is currently in its second year and has accelerated over 30 startups worldwide.
startups listed
applications
finalist startups
hrs of mentoriships
ecosystem connections
Want to know more?
Access Next’s 2022-2023 report
Juliane Martins
Co-Founder KillB
João Pirola
CPO e Co-Founder AmFi
Fabrício Tota
Diretor de Novos Negócios - MB
André Souza
Co-Founder Plific
We seek solutions that leverage internal and external databases in order to evolve risk analysis and the offering of credit limits and financial products and services to the natural person of the urban Sole Micro-Entrepreneur, that lacks proof of income, who seeks access to complete financial solutions in an agile, digital way and at lower rates.
Examples: data and risk analysis models using alternative or transactional data, internal or external, behavioral profiling analysis solutions, user experience solutions for financial services.
We seek solutions to enhance the experience of crypto-engaged customers who want to access decentralized finance (DeFi) products across various protocols. This involves reducing risk, complexity, effort and time, while increasing the possibilities for financial gain in the market.
Examples: DeFi Products, hubs and aggregators for dApps, infrastructure for multi-chain integration and interoperability, Intelligence for customer segmentation and recommendations.
We seek solutions to improve the risk assessment analysis of vehicle insurers, through the use of data from internal or external databases (not Brazilian Open Insurance) to create more assertive risk models that increase the hiring conversion rate and customer base, in addition to reducing their operating cost.
Examples: clustering and data enrichment solutions, data analysis models, risk and pricing, vehicle information capturing solutions.
We aim to improve the process of analyzing and processing payment checks through the digital channels of the sponsor. The challenge is to capture an image from a physical document (check), process the information, and perform analysis for its formalistic recognition, in order to make payments into the depositors' bank accounts. With this, we hope to increase efficiency and processing capacity while reducing human intervention to enhance the success rate.
Examples: artificial intelligence solutions that perform image data recognition and processing, as well as solutions for the digitization and recognition of physical documents.
We seek solutions to improve payment systems to help banks, financial institutions and PSPs by facilitating transactions and integrating existing and innovative means of payment with multiple systems, technologies and jurisdictions, while ensuring robust cybersecurity and fraud prevention.
Examples: Hubs, connectors, solutions that integrate Brazilian and international means of payments with legacy systems, cybersecurity solutions, fraud prevention and AML for payments on Web2 or Web3, such as Pix, Card, Drex, Stablecoins, crypto, among others.
We seek innovative solutions that bring personalization, agility and reliability, maximizing the value of data for stakeholders.
Focus on tools for effective data valorization, including visualization, data intelligence and aggregators, as well as PFMs/BFMs.
We seek B2B2C innovations that serve the financial market, generating value from shared data and benefiting users, institutions and the Brazilian Open Finance ecosystem.
Examples: ETL, visualization and data intelligence solutions, aggregators, PFMs or BFMs, for financial or related services.
We search the ecosystem and attract the most innovative and growing startups in the sector, that match our corporate sponsors’ innovation challenges.
Workshops, talks and regulatory meetings provide tools, experience and knowledge in business areas, as well as high level networking with our ecosystem.
Due diligence of the best startups considering criteria such as team’s maturity, scalability, technological knowledge and business model, aligned to the specific corporate needs. The selected startups take part in the 4 months of acceleration.
We connect startups with our corporate sponsors in order tackle specific innovation challenges through the development of a PoC project together.
A customized journey that involves assessment, roadmap and mentorship with market specialists, catered to each individual startup’s needs and business goals.
Event where startup showcase their developments and results during the program to sponsors and the market.
15 february
End of application period
18 march
Pitch Day
(hybrid in São Paulo/BR)
25 march
Start of the program
24 june
Demo Day
(hybrid in São Paulo/BR)
25 june
Call for
startups batch #5
27 August
Pitch Day
batch #5
Develop your startup and do business with the biggest players of the brazilian financial sector.
Next is an online acceleration program for fast growing startups. Next helps startups develop their businesses and connects them to big corporations in the financial sector, that need help solving challenges in their innovation processes, providing the opportunity for the startup and corporate to work together in developing a Proof-of-Concept (PoC)
The program, currently in its fourth edition, is a Fenasbac initiative in direct partnership with the corporate sponsoring organizations Banco do Nordeste (development bank), Mercado Bitcoin (crypto exchange), Núclea (FMI), Sicredi (credit union), Sinqia (FMI) and TecBan (banking solutions), as well as the legal advisory from Halabi Advogados and partnership with Numerik.
The program is developed for startups with businesses that match the sponsors' challenges and that are innovative and able to scale up. The ideal startup for Next is operational (or about to be) or ready to traction their products.
Batch #4 innovation challenges
Data intelligence for credit analysis
DeFi Experience
Insurance
Image processing
Payments
Open Finance
For more information on the challenges, click here.
After the application period, Fenasbac, in unison with the sponsors, evaluates the startups’ applications, based on the proposed innovation challenges and other selection criteria. The qualified fintechs are invited to present their proposals during Pitch Day, and then the list of those who were selected is published.
The selected startups will then participate in a 15-months acceleration process 100% online, which begins with an initial diagnosis and the definition of a customized road map and deliverables. During development, startups have access to mentoring with experts, workshops and masterclasses. In parallel, they have the opportunity to develop a POC with one of the sponsors. By the end of the program, their evolution will be measured and they will have the opportunity to present their business and results at the Demo Day.
By the end of the program, their evolution will be measured and they will have the opportunity to present their business and results at the Demo Day.
During the selection process, startups are evaluated by how much they fit with the Batch’s challenges, as well as their maturity, innovation and their solution’s market potential, market size, fit with the Sponsors, team composability, among other criteria.
By participating, you will have the opportunity of presenting your business to big corporations, in addition to connecting with the entirety of the Fenasbac ecosystem. You will also have the support of market specialists in the development of your product and will be able to build a POC with our sponsors, acquiring maturity and knowledge, as well as cultivating relationships capable of taking your business to the next level.
The National Federation of Associations of Central Bank Employees (FENASBAC) has been providing services to the financial community in all regions of Brazil for five decades. Currently, FENASBAC is composed of 10 associations, the ASBACs, located in all of the capitals where there is Central Bank representation in Brazil.
In the last decade, Fenasbac has positioned itself as an agent of financial innovation, having contributed to the initiatives with the Central Bank, such as Cidadata (Contest for apps using open data from Central Bank), Central Bank’s Finance and Economy Award, and more recently, with the construction and coordination of the LIFT Innovation Ecosystem, composed of the programs LIFT Lab, LIFT Challenge Real Digital (CBDC) and Lift Learning - all acceleration programs - and their promotion events for the ecosystem, such as LIFT Day (annual event attended by the President of the Central Bank) and LIFT Talks (discussions about financial innovation, available on the Fenasbac and Central Bank Youtube channel).
Because of this background, in 2022, Fenasbac started its own acceleration program for startups, NEXT, reinforcing its role in the financial ecosystem and helping the development of financial innovation in Brazil.
They are major players who actively participate throughout the program, both in formalizing the internal working team represented by the program manager and in recommending a sponsor who will accompany the startups during the Pilot phase. They are: Banco do Nordeste, Mercado Bitcoin, Nuclea, Sicredi, Sinqia, and TecBan.
Banco do Nordeste Banco do Nordeste do Brasil S. A. is the largest regional development bank in Latin America and stands out from other financial institutions due to its mission: to act as the Development Bank for the Northeast Region. Its vision is to be the preferred bank of the Northeast, recognized for its ability to promote the well-being of families and the competitiveness of businesses in the Region.
Mercado Bitcoin MB is LATAM’S biggest cryptocurrency and alternative asset trading platform, in addition to being the first crypto unicorn in Brazil. The company is a member of the Brazilian Association of Cryptoeconomics (ABCripto) and adheres to the Code of Conduct and Self-Regulation in the Prevention of Money Laundry developed by the association and which ensures that signatory companies follow the compliance best practices. With 3.8 million clients, Mercado Bitcoin is transforming people’s relationship with money and democratizing the access to alternative assets with liquidity and security.
Núclea Núclea integrates the Brazilian Payments System (SPB) by providing technology, security and compliance to financial transactions, data registry and centralization. Núclea has become Brazil's biggest banking and payments infrastructure provider and is responsible for processing all the bank payment slips issued in Brazil. The company contributes towards a better society through services and solutions developed with focus on innovation. Beyond regulatory services, Núclea also has a portfolio of innovative tech solutions.
Sicredi We are Sicredi, and we have chosen to embark on a collective path to offer intelligent solutions for your financial development. We understand that the best choices are those that bring results for everyone. We offer over 300 financial products and services in a simple and close way for you, your company, and your agribusiness. But what sets us apart is that by becoming a member, you acquire a small share of your cooperative, becoming an owner of Sicredi, having a voice in business decisions, and participating in the results. That's why Sicredi is yours, mine, and ours. Here, everyone has the opportunity to decide and participate, creating bonds of trust that allow us to grow. Together.
Sinqia Brazil’s biggest financial market tech company. The company provides a financial platform for banks, fintechs, hedge funds, consortium and pension funds. With an innovative approach, Sinqia processes billions of transactions on a daily basis, and has over 700 financial institutions as customers, 8 in every 10 financial market players. Sinqia is also a reference in corporate governance, listed as “New Market” at B3, the brazilian stock exchange.
TecBan With 40 years of experience, TecBan is a solutions company that integrates the physical and the digital to make Brazil’s economic ecosystem more efficient and expand people's financial inclusion. In the last decade, we invested more than BRL 4 billion in products and services that impact all social classes and public profiles, throughout Brazil. TecBan was the first Brazilian company to put its Open Finance platform into production, starting integration with Open Insurance in 2022. In addition to Banco24Horas, which continues to innovate in partnerships with fintechs, social and digital banks through HubDigital, TecBan also operates in the monitoring, operationalization and management of self-service networks and complementary services of the cooperatives, with ATMManager. In the telecommunications and value transport segments, it is present through TBNet and TBForte. With Integrated Services, TecBan makes up a vast portfolio with more than 15 solutions to serve different sectors, delivering experience and national reach in special projects.
NEXT is a Fenasbac’s initiative and counts with Numerik’s partnership and MCS Law as the legal support.
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