Young company Annanow continues to take off
The Swiss fintech startup Annanow has won the Kickstart Innovation Pitch against around 800 startups from all over Europe. The rapidly growing startup convinced in the final round with its trend-setting concept and thus wins important partnerships.
The young Swiss company Annanow (we reported on it) is the big winner in an international startup pitch of the Swiss innovation support program Kickstart: PwC, Crédit Suisse, AXA Versicherungen and Coop (Bau & Hobby and Interdiscount) express their confidence in the fintech startup and start working together immediately. Annanow claims to have the largest cloud-based delivery network in Switzerland and offers merchants payment and insurance solutions as well as express deliveries in a maximum of 60 minutes or at the desired time window. Mediamarkt, Hermès, Fleurop, Jumbo, Manor and Coop are just a few of the more than 5,000 retailers that rely on Annanow's services, along with around 100,000 cabs and couriers in Switzerland, Germany and Austria. "We are very pleased with the trust placed in us and our business model," says Daniel Gradenegger, founder of Annanow. "We have proven that our concept works in the last two years since our foundation. With these important new partnerships, we are igniting the next stage with Annanow," promises Gradenegger.
Payment solutions, insurance and deliveries
Annanow's business model seems to be convincing: The fintech startup determines the geographical availability of products for each order and enables local delivery via the cloud-based supply chain by activating transport users already available locally, such as cabs, couriers and private individuals. Distances become so short that deliveries can even be made on foot or by streetcar. However, the fact that Annanow is much more than that only emerges with a deeper analysis. Patrick Keller, CEO of Annanow explains: "In a first step, we are often perceived as a delivery company. But our business model extends much further through our integrative components in the areas of payment and insurance. And the big players have recognized that."
Developing further innovation steps
Every year, the Swiss innovation support program Kickstart looks for the best international startups in the fields of education technology, FinTech, nutrition technology, smart city, health technology as well as cybersecurity. Kickstart is a spin-off of the Impact Hub Zurich and aims to initiate successful business relationships and partnerships between startups and large companies and organizations. The aforementioned partners Crédit Suisse, AXA Versicherungen, PwC as well as Coop are now working together with the startup Annanow on further innovation steps in order to achieve common goals with their respective expertise in the areas of Fintech, Insuretech and Delivery.
