Getting into new markets is a big opportunity, but it's not always easy. Are you interested?
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Area
Fintech
Year of foundation
2017
Who founded it?
Didrik Martens
Link with Peninsula
Participation in the Access2Europe program
Website
BizBot is a Norwegian startup that helps entrepreneurs and investors to have a global picture of their shares and convertible notes, allowing their effective management in a connected, intuitive and easy to use platform.
The startup, founded in 2017, was one of the participants of the internationalisation incubator Access2Europe, designed to help discover new markets in the European continent and where they got in touch with Peninsula.
During the program we achieved to open a door to more European markets and the opportunity to attend events and conferences to increase theie network in Spain.
Before participating in the Access2Europe program we found ourselves in a pre-customer situation, in the middle of B2B companies search to offer them our services.
At the moment, Peninsula gave us the necessary tools to learn more things about markets outside Norway, and also to expand our network.
The biggest challenge one startup like ours can face is raising capital, getting enough funding and support to evolve and grow in their activity.
We have established a collaboration with a new big partner who joined us: BDO Norway, an international auditing and consulting firm which is also present in Spain.
BizBot works to make it easier to found and run a company, facilitating the investment in it and the sale of shares between companies. It’s, to sum up, simplified business administration.
First of all, find the right people to listen and learn from. Second, make sure you are passionate about what you do. And third, find a good team. Oh, and specially make sure you don’t burn out, it’s not worth it.
We are in the process of incorporating new clients from BDO Norway, the partner we mentioned earlier. If we can get them all, they will be more than 30.000.
After that, we want to keep growing, look for new partners, markets or sales channels.
Getting into new markets is a big opportunity, but it's not always easy. Are you interested?