BBVA Open Talent competition is now accepting entries
" BBVA Open Talent competition is now accepting entries " and final pitches will be held at Next Bank events in Barcelona, Bogota and Mexico City
Next Bank, the global community driving collaborative transformation in financial services, and BBVA today announced that it is accepting entries for the BBVA Open Talent startup competition, aimed at finding the tech startups with the strongest potential to impact and transform the financial services and related industries in Europe and the Americas. As innovation from other related industries impact developments in financial services, the competition embraces two categories, New Banking, focused solely on fintech startups, and Digital Life, dedicated to general innovative technology-based startups. Technology startups who fall under these two categories and meet the following criteria are invited to participate: product-ready, not more than 4 years old, no more than 1.5 million Euro in funding over the last 12 months, and no more than 1 million Euro annual revenues. Interested startups should apply to the competition taking place in the region where they are based.
Next Bank event locations
The BBVA Open Talent finals will be held during
● Next Bank Bogota, August 26 & 27, 2014
● Next Bank Europe, Barcelona September 18 & 19, 2014
● Next Bank Americas, Mexico City, October 15 & 16, 2014
The winners of the regional competitions will each receive 30,000 Euro to develop a project in collaboration with BBVA. In addition, Next Bank and BBVA Open Talent will help launch 13 startups globally, taking them to New York for a week-long acceleration program, NYC Crash Acceleration, where their businesses will be put on the global stage in front of potential investors, strategic partners, mentors and advisors.
How to enter
Interested startups need to complete the online application form available under www.bbvaopentalent.com. Applications will be accepted through midnight on June 10th, 2014.
Fermin Bueno, Managing Partner of Next Bank said: “The global economic crisis has been a wake up call for technology disruption in financial services - a sector where innovation hasn’t grown in line with its revenues and whose consumers are becoming much more demanding. We look forward to seeing how startups will apply new exciting technologies such as social, mobile and big data to fill this gap and be part of the industry transformation.”
More information about the BBVA Open Talent competition can be found here: www.bbvaopentalent.com
More information about the Next Bank events can be found here: www.nextbankeurope.com, www.nextbankamericas.com and www.nextbankbogota.com.
About Next Bank
Next Bank is the leading global community driving collaboration and innovation in financial services through technology, design and entrepreneurship. Next Bank empowers, guides and advises financial institutions, startups and other industry players in the collaborative transformation of the financial services industry worldwide. Next Bank organizes a series of regional and local events in Asia, Europe, United States and Latin America whereby the community is engaged through expert-curated content and workshops, and designs and executes startup programs for fintech startups worldwide.
BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid position in Spain, it is the largest financial institution in Mexico and it has leading franchises in South America and the Sunbelt Region of the United States. Its diversified business is biased to high-growth markets and it relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies the best practices. The Group is present in the main sustainability indexes.
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