Akurateco, the global white-label payment solutions provider, has recently announced that the company has been awarded Red Hoodies by Startup Wise Guys (SWG).

Startup Wise Guys is one of the most active accelerator funds in Europe and Africa, named Hottest Accelerator at the 2021 Europas Startup Awards, listed among the most active European seed stage investors by PitchBook, and among the top 5 accelerators according to the opinion of European VCs. With a portfolio of over 400+ investments, Startup Wise Guys backs early-stage startups in various sectors, including B2B SaaS, Fintech, cybersecurity, XR, and sustainability in more than 60 countries.

Akurateco is a reputable white-label payment gateway and payment orchestration platform provider that offers over 300+ payment integrations and cutting-edge technologies to its payment service providers and merchants worldwide. In 2022, Akurateco completed the 5th Startup Wise Guys' Fintech Acceleration Program batch. With mentors specialized in the financial service industries, the program focused on companies' shaping and validation, business development, sales, Fintech regulation, and fundraising. Throughout this journey, Akurateco maintained a strong focus on its development and growth. 

The Red Hoodie Ceremony took place at the annual Bilbao Getaway organized by Startup Wise Guys. Red Hoodie symbolizes recognition from SWG awarded to startups that have achieved 1 million EUR in financing or a 100K MRR. Of the 409 startups that Startup Wise Guys has invested in, 15 have received this award so far. 

Akurateco's Founder and CTO, Andrew Riabchuk, accepted the Red Hoodies for the company during the event in Bilbao. He commented: 'We are immensely honored to be presented with the Red Hoodies by Startup Wise Guys. Special thanks to Cristobal Alonso, Juan Alonso-Villalobos, Razvan Suta, Herty Tammo, and Dag Ainsoo for continuously supporting Akurateco and inspiring us to move forward. This achievement signifies a major milestone in our journey and fuels our team's determination to reach greater heights."

As Akurateco continues advancing its services, the company aims to achieve the next award - the Golden Hoodie.