Bankia Fintech acceleration program by Innsomnia

There is time until September 30th to participate in the IV INTERNATIONAL CALL BANKIA FINTECH and apply to become part of the Bankia Fintech acceleration program which allows startups from all around the world to develop a PoC for one of the most important banks in Spain with a B2B model without moving from Italy. Bankia Fintech by Innsomnia is the first fintech collaborative accelerator in Spain, in its first editions it managed to attract more than 40% of the fintech sector. In the last batches 70 % of the startups reached a collaboration agreement with Bankia.

The duration of our program is of seven months during which startups will have direct access to the innovation partners of Bankia, and access to our mentorship experts. They are looking for Innovators, Start-ups and Spin-offs of established firms which, in addition to having a proven innovative and market-orientated project, are also associated with any of the following Fintech areas:

  • Small businesses solutions
  • Customer Relationship
  • Reg Tech
  • Legal Tech
  • Proptech
  • Blockchain
  • Algorithmic Trading
  • Banking Technology
  • Alternative credit scoring
  • Predictive models
  • Cyber Security
  • Artificial Intelligence – Machine Learning
  • WealthTech

Here’s what we need to know, we asked Innsomnia, with which we have undertaken the international initiative “The Talent Route”

What is the peculiarity of this call?

It’s an application to participate in an acceleration program, in which the startup will be able to develop a PoC for the bank.

What must I do to participate?

Send your application through this link

What opportunity does this initiative offer to startups based in Italy?

This initiative offers the possibility to Italian startups to enter the Spanish market and develop technological projects for one of the most important banks without moving from Italy

What are the stages of the competition?

First stage: definition of the PoC, development of the PoC, presentation to the bank, corrections and development of the MVP.

With what criteria will the startups be chosen?

According to the necessities of the bank and the quality of the technology and the team.

What are the selected startups winning?

It’s not a competition. It’s an application to enter an acceleration program. The benefits are: developing a PoC for a bank, entering the Spanish market, having access to added value services from Innsomnia.

How did the past editions go?

In the past editions 70% of the startups finally signed an MVP with Bankia.

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Author: Tudor Sava

5 Settembre 2018