Scale Lab Andorra is
investment growth territory future
Andorra is a modern country that benefits from a unique, stable and singular political framework due to its history and social and natural environment, as well as its dynamic economy, which make it a developed and attractive country.
The Crèdit Andorrà Group is the leading financial group in Andorra, with a long-standing international presence, expertise in private banking, financial advisory services and asset management.
The two companies will work together to develop an innovative #5g #NB-IoT dual connectivity service that integrates the satellite network with current terrestrial networks. This innovative 5G connectivity service via satellite will allow coverage throughout the planet with a fraction of the current costs of satellite connectivity.
Payflow is the global winner of the South Summit 2022. They won the Fintech & Insurtech category where Benoit Menardo presented payflow in a 3-minute pitch. This led them to compete for the Global Award and they got it with Avinash Sukhwani.
Crèdit Andorrà’s business hyper-acceleration program, Scale Lab Andorra, has invested in four new start-ups. Since the launch of the project, Scale Lab Andorra has invested in nineteen companies and evaluated more than 1,000.