The Transition of Mike Baur From a Top Swiss Banker to A Startup Star

Sometimes you may work in a particular career until you feel you don’t belong there anymore. You feel the incessant urge to do better. Change is always good, and you can even do much better in your new career and help others in the society. Meet Mike Baur the co-founder and executive at Swiss Startup Factory who moved from banking sector to the startup investment realm.


The Swiss Startup Factory started in 2014, with Mike Baur is a co-founder. The primary purpose of the business was to bring some market in the traditional markets regarding the products available for sale and also the business models. Mike is responsible for all fundraising and finances needed as this is an independent and private company.


The Swiss Startup Factory works in three-month long accelerator program where they provide a platform for services like coaching, mentoring, office space and also entrepreneurial networks. Here is a list of three of the top ten startups which have passed through the woodworks of the startup company founded by Mr. Baur.


  1. Coreziod


From time to time, the existing IT infrastructure and technology needs to be changed. This overhauls are quite expensive. Now, Corezoid is an app which helps simplify the changing of such vital bank IT systems.


  1. Foxstone


This is an intuitive app meant to pool together investors interested in real estate.


  1. Ndigita


Ndigita is yet another banking app. This one helps to ease the complexities associated with tracking money crossing over international borders.


Mike Baur transition from Banking


Mike Baur is an entrepreneur hailing from Switzerland. He is an alumnus of Rochester University graduating with MBA and later an executive MBA from the University of Berne. Mike has 20 years’ experience in Swiss banking rising from a commercial apprentice to an executive board member. He then left banking business and in the partnership of Max Meister and Oliver Walzer started Swiss Startup Factory.


Mike’s Rise to the Top


In 2016, Mike Baur became the deputy managing director after the company began collaboration with CTI. In the same year, Mike was responsible for running the programs the Company was having with Goldbach GROUP and Fintechfusion. Mike also participated in a contest of the University of Gallen where he acted as the Jury member at the START summiteer. In December 2016, the wall stress journal wrote and showed the profile of Mike Baur early career and his journey of transition from the banking sector to entrepreneurship and later to startup investments.


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