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Capgemini and Efma launch Financial NewTech Challenge 2020

Publish date: 14 January 2020
Author: Capgemini

Annual competition will showcase the best Financial NewTechs and collaborative projects in the financial services industry.

Capgemini and Efma have announced the launch of the Financial NewTech Challenge 2020, powered by FinTechVisor. The competition will provide an opportunity for NewTechs and financial institutions to showcase their most successful collaborations to an esteemed panel of industry experts and influencers.

FinTechVisor is a unique global platform that enables tech firms to present their products and empowers them with an interactive matchmaking tool, connecting them with potential industry partners. This competition will further promote the best partnerships that are fueling innovation in the industry.

“Building on last year’s successful Race to the Top challenge, in 2020 we want to recognize the best Financial NewTechs and their collaborations with financial institutions,” said Elias Ghanem, Global Head of Market Intelligence for Capgemini’s Financial Services. “Financial NewTechs operate in that B2B sweet spot which has been a focus for Capgemini for the past few years with our ScaleUp Qualification Program. This challenge aims to highlight NewTech innovation through collaboration at scale with financial institutions. At Capgemini, we strongly believe that the future of financial services relies on this effective combination to offer the best customer experience.”

Companies can submit their entries in four different categories:
- Retail and Commercial Banking
- Payments
- Wealth management, Investment and Capital Markets
- Financial NewTech Collaboration

Winners will be unveiled at Efma’s Bank+Fintech conference in Berlin on April 22nd, 2020. Finalists will receive complimentary passes and an exhibition stand at the conference, which will be attended by executives and major players from throughout the financial services industry. Additionally, the winners will receive exclusive mentorship from Capgemini and an invitation to join the Capgemini ScaleUp Qualification program.

“Since the launch of the FinTechVisor portal, we’ve built a strong community of innovative FinTech organizations and fostered collaborations with banks,” said Vincent Bastid, CEO of Efma. “The Financial NewTech Challenge 2020 develops this further by providing a platform for FinTechs and financial institutions to showcase the strength of their solutions and collaborative projects and benchmark them against those of their peers.”

February 28th is the deadline for submissions. You can find more information and apply at FinTechVisor