Nethone, a global company specializing in online fraud prevention was selected to Fintech vertical of Plug and Play Japan acceleration program Summer/Fall 2020 Batch. The Poland-based startup will join 104 startups in Tokyo from June 4th to the end of September 2020.
Plug and Play Japan has selected 104 startups from around the world in six verticals (IoT, Fintech, Insurtech, Mobility, Brand & Retail and Hardtech & Health). Nethone will take part in it within Fintech vertical, together with 18 other startups. The 3-month acceleration program capstone – Summit Day, is scheduled in Tokyo for two days from September 29th to 30th, and in Kyoto on October 6th. During the Batch period, various events such as individual interviews, networking, deal flow sessions (business matching), workshops, etc. will be provided with corporate partners in order to support startups better.
“Japan is continuously ranked among the top 5 world’s largest e-commerce markets, with revenue amounting to USD 97M already in 2020. As its citizens are continuously shifting from cash to online payments – soon damages from offline credit card fraud will be lower than online. This is where Nethone appears. Joining Plug and Play Japan fits perfectly into our expansion plan for this market, where, among others, we partner in fighting online fraud with an innovation-leading Japanese company” – says Hubert Rachwalski, CEO, Nethone.
After participating in the Summer 2019 batch for Travel & Hospitality vertical edition in Silicon Valley, Nethone will join Plug and Play Japan in Tokyo on June 4th within Fintech vertical. Through Plug and Play Japan program, startups can leverage the resources of multiple corporate partners and have the opportunity to work with a large number of different corporations (including such companies as Fujitsu, Hitachi, Mitsubishi Electric, Toshiba, Suzuki). Invited startups can obtain mentoring from Plug and Play mentors. In addition, corporate partners will be provided with opportunities such as individual interviews, networking and deal flow sessions (business matching) with selected startups.