FRANKFURT, Germany,
Sept. 16, 2020 /PRNewswire/
-- Fintech Europe, Plug and Play's fintech-focused innovation
platform based out of Frankfurt,
Germany, announced today the eight startups selected for its
sixth batch. The platform has grown its partner base to 13
Financial Institutions since its inception in May 2018. Together with Deutsche Bank,
TechQuartier, BNP Paribas, Nets Group, Nexi, UniCredit, Aareal
Bank, Abanca, Danske Bank, DZ Bank, Elo, UBI Banca, and Raiffeisen
Bank International, the program seeks to support innovation in the
world of Financial Services.
After screening applications from all over the world and
intensive weeks of reviewing preselected startups with the
partners, the final group of eight companies have been accepted
into Fintech Europe. The program aims at facilitating pilots, POCs,
and business development opportunities for the participating
startups and financial institutions.
"Even though COVID-19 has brought uncertainty to the market, it
has also given way to a wide range of opportunities. Embracing
innovation in finance is now more important than ever," says
Fernando Zornig, Program Director of
Plug and Play's Fintech Europe program. "We are seeing a lot of
changes in Europe and I am
confident that these solutions will help our corporate partners
adapt to these changes faster."
Throughout the duration of the program, startups will be
introduced to Plug and Play's corporate partners and will have the
chance to execute pilot projects and investment opportunities with
these companies. There is no cost for the startups to be in the
program and they will remain part of the ecosystem even after
graduation.
The eight companies are as follows:
ABAKA - ABAKA is a cutting-edge enterprise platform
powered by Artificial Intelligence enabling financial institutions
to power outstanding digital retirement & savings
solutions.
CARTO - CARTO is a spatial analysis platform that
enables users to leverage data to optimize their business for use
cases such as risk management, behavioral marketing and data
monetization.
Delio - Delio places highly configurable, white-labelled
technology in the hands of the world's most respected financial
institutions to create, scale and streamline their end-to-end
private investment propositions.
Envio Systems - Envio develops cloud-based building
technologies to affordably transform any existing commercial
buildings into smart ones, regardless of its size, age, and
infrastructure.
Moxtra - The Moxtra OneStop Platform: Powering OneStop
Client Interaction Management apps to manage clients and teams from
anywhere and maintain business continuity with customers. A hub for
your organization and clients to stay in continuous connection and
complete business on-demand — under your brand.
SESAMm - SESAMm is an innovative FinTech company
specializing in Big Data and Artificial Intelligence for Asset
Management. It builds analytics and investment signals based on
250,000 textual data sources worldwide using Natural Language
Processing and specifically emotions analysis.
Subaio - Subaio is a white label subscription management
service for banks. The company identifies recurring payments, makes
it possible to cancel unwanted subscriptions and notifies the
customers about any changes. All from within the bank's own
environment.
Vizolution - Vizolution is a CX tech platform that helps
enterprises transform complex customer journeys, by replicating the
qualities of face-to-face interactions remotely in their digital
channels.
About Plug and Play
Plug and Play is a global
innovation platform. Headquartered in Silicon Valley, we have built
accelerator programs, corporate innovation services and an in-house
VC to make technological advancement progress faster than ever
before. Since our inception in 2006, our programs have expanded
worldwide to include a presence in over 30 locations globally
giving startups the necessary resources to succeed in Silicon
Valley and beyond. With over 30,000 startups and 400 official
corporate partners, we have created the ultimate startup Protected
ecosystem in many industries. We provide active investments with
200 leading Silicon Valley VCs, and host more than 700 networking
events per year. Companies in our community have raised over
$9 billion in funding, with
successful portfolio exits including Danger, Dropbox, Lending Club
and PayPal. For more information, visit
www.plugandplaytechcenter.com.
Plug and Play Contact
Fintech Europe Team
frankfurt@pnptc.com
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SOURCE Plug and Play