The famend journal World Finance awarded Raiffeisen Financial institution Worldwide’s (RBI)
partnership program Elevator Lab as top-of-the-line monetary innovation labs once more.
Elevator Lab is the most important fintech and startup partnership program in Central and Japanese
Europe. This system presents startups with confirmed progressive merchandise and applied sciences a four-month structured onboarding and a proof of idea undertaking (PoC) with main banking consultants,with the objective of building additional collaboration. Up to now, Elevator Lab totally funded 25 PoCs to collectively develop scalable enterprise instances and allow worldwide progress, which resulted in 15 long-term partnerships all through RBI Group.
World Finance honored Elevator Lab’s cooperation with startups, recognizing this system’s
newest tracks specializing in the areas of “Digital Buyer Acquisition and Monetary Literacy” in addition to “Partaking Mini Apps in Banking Utility” and within the cross-industry monitor “ESG in Agriculture”. All tracks of this system are organized along with consultants from RBI subsidiary banks, making certain that the options and startups popping out of this system will instantly present essentially the most worth to their finish customers.
“This award acknowledges the continual efforts our Elevator Lab group locations in co-innovation. 5 years in the past, we based the Elevator Lab Partnership Program as we noticed the importance of connecting with the startup ecosystem with a purpose to ship merchandise and options that carry essentially the most worth to our shoppers and enhance their buyer expertise. Being acknowledged by the World Finance Journal for our efforts encourages us to proceed pursuing, and to increase our co-innovation actions with startups and different {industry} companions,” mentioned Christian Wolf, Head of Strategic Partnerships and Ecosystems at RBI.
The journal additionally acknowledged the achievements of two further presents for startups
organized by RBI’s subsidiary banks: Elevator Lab Bootcamp and Elevator Lab Problem. The Bootcamp focuses on native early-stage startups, supporting them with growing minimal viable merchandise as a fast entry to the startup world. The Problem permits native or regional later-stage startups to advertise their options to a wider viewers and probably cooperate with a Raiffeisen financial institution.
Moreover, the Slovakian department of Elevator Lab, powered by RBI’s subsidiary Tatra banka, was individually acknowledged too, as one of many “Greatest Monetary Innovation Labs”.
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