Fintech Matchmaking Event Highlights
Posted on 20/06/2019
The event brought together major leading banks and financial institutions including Lloyds Banking, Barclays, Fidelity Investments, and Citi with eighteen selected startups including TrueLayer, Capexmove, ChAI and Sustainably in an evening of speed networking. The format of the event allows corporates to meet face to face with each startup for five minutes, and to indicate the ones they would like to meet again to discuss further collaboration opportunities.
As stated in the PwC 2017 Global Fintech report, financial institutions expect an 82% increase in partnerships with fintech companies within the next three years, demonstrating a clear increase in appetite for collaboration. Yet a major barrier for fintech startups and SMEs in collaborating with the leading financial institutions is the initial contact; finding the right person in a large organisation to talk to, showcase their solution and get instant feedback.
“It is that initial but critical barrier that we are trying to remove” says Astrid Ayel, KTM Blockchain and Fintech at KTN. “It is great to see the Bank’s appetite to innovate and collaborate, and we hope to see many commercial partnerships flourishing from this event”. A video summary of the evening shows the positive response from both corporates and startups alike.
Following the success of this event, we are looking to plan similar matchmaking events for the other sectors of the professional services including Insurance, Legal Services and Accountancy. Join AI for Services to stay tuned for more events like this one.
We would like to thank all of the participants and organisations who joined the event:
Lloyds Banking, Barclays, Fidelity Investments, Citi, UBS, ING, Deu tsche Bank, Credit Suisse, Natwest Markets, BAE Systems AI, ApTap, Capexmove, ChAI, Credit Enable, EyesClear, Facesoft, Haptik, ReCash, ResonanceX, SageCity, Skwile, Statys, Sum&Substance, Sustainably, SwIDch, TrueLayer , Zortrex, ZappyAI.