Calling any and all fintech startups—BBVA wants to help you transform financial technology together with BBVA Open Talent 2015.
In the seventh year of the competition, BBVA Open Talent is looking for early-stage startups to explore and innovate in the banking and finance sector, and they’re looking for more than your basic tip calculator.
Does your startup support data intelligence? How about improving security or risk analysis? If your next big idea relates, this competition can be an opportunity like none-other.
BBVA Open Talent takes twenty finalists per region and provides them an opportunity to present to reputable judges, an audience of 250 fintech fanatics, VCs, and other startups the day before Finovate Fall. And while you’re responsible for the costs associated with this portion of the contest, BBVA will provide things like pitch coaching sessions and hands-on workshops. All finalists will spend the day before the competition interacting with key global BBVA executives and decision makers. Even if you don’t walk away a winner, you’ll walk away having gained new experience and insight that can’t be found elsewhere.
Judges then award two winners from each region (6 total) cash prizes and a two-week immersion course where they will spend time with BBVA executives and industry professionals in both London and Mexico.
During the immersion course, winners will spend a week in Mexico gaining first hand experience with the LATAM market and international scaling. This is paired with a week spent in London, spending more time with venture capitalists, embracing the local startup ecosystem. It’s access to powerful thought leaders like none other.
Rules for qualification:
- You must be a startup created after April 1, 2011
- Your startup is focused on or framed around fintech
- The product or project is operative (at least able to demo or in beta)
- You don’t exceed the funding and revenue qualifications
We had the opportunity to pick the brain of an BBVA Open Talent alum turned BBVA team member, Scarlett Sieber:
“My startup had applied for a lot of competitions and were finalists in a few, but no other group took as much personal interest in their finalists as BBVA. I had the opportunity to have dinner with key BBVA Executives and other global industry professionals that I would have never met otherwise.”
While BBVA may center much of their operations on banking, as a whole there’s a clear passion for developing smarter technology impacting finance. And that’s exactly what this call for talent is about—finding new, young, hungry startups ready to transform the world of finance and banking.
BBVA believes in being a true partner, and that means joining their partner companies as early in the life-cycle as possible. BBVA Open Talent 2015 is your opportunity to get in on that partnership, so BBVA can be there to guide you and your team through the challenging, sometimes confusing twists and turns of entering the Fintech industry.
Apply now, and join BBVA Open Talent 2015. Entries must be received by July 13, 2015.