Working in 12 international locations and with over 19 million shoppers, OTP Financial institution is without doubt one of the largest monetary suppliers in Central and Japanese Europe. The financial institution sees innovation as one in all its strategic pillars and its novel initiatives are supported by its innovation hub, OTP LAB. OTP LAB brings collectively trade and vertical specialists, startups, companies, and academic establishments to develop the banking services and products of the long run.
The OTP Startup Partner Program coordinated by OTP LAB helps and collaborates with later-stage startups globally to implement product and operational improvements on the Group’s Hungarian headquarters and throughout its broad community of subsidiaries in CEE.
Why Your Startup Ought to Apply
OTP Financial institution is looking for post-product or -market match startups and scaleups from all around the world to construct goal-oriented, business-focused, and mutually useful partnerships. Some advantages of making use of to this system embody:
- Alternative to carry out a results-oriented pilot based mostly on actual enterprise wants
- Devoted help from piloting to stay collaboration
- Connection to key decision-makers inside OTP
- Enterprise improvement acceleration & potential buyer base of 19+ million inside the CEE area
- Custom-made mentorship from devoted specialists
- Alternative for product innovation and improvement
- Risk to obtain funding
OPT Financial institution will validate one of the best submissions in a 3-month pilot centered on collaboration with OTP Group’s enterprise items. Within the case of a profitable pilot, OTP Financial institution fosters the launch and stay adoption of the examined resolution over a 6-month rollout.
“The pilot interval of our earlier program coincided with the European outbreak of the coronavirus. OTP Group’s dedication to innovation is clearly confirmed by the truth that regardless of this case, we have been capable of full all beforehand commenced pilots efficiently. There was huge curiosity in this system: for instance, our on-line Demo Day was adopted by over 1100 viewers. I’m proud to see that the OTP Startup Companion Program has grown into an innovation initiative that mobilizes your entire Group. Apart from this, yr after yr, we’re capable of convert an rising variety of cohort firms into long-term companions,” stated András Fischer, head of OTP LAB.
Key Innovation Alternatives With OTP Financial institution
Introduced for the fourth time, OTP Group is on the lookout for modern startup companions as a part of the OTP Startup Companion Program. This system is an outstanding acceleration observe for later-stage modern firms that want to check the applicability of their developments within the Central and Japanese European banking sector.
Purposes for the OTP Startup Partner Program may be submitted by later-stage startups and scaleups from any location till 23 October 2020. OTP particularly encourages women-led firms and startups with gender-diverse founding groups to use.
Particularly, OTP is on the lookout for candidates within the following 5+1 classes:
- Superior Information Analytics: together with options resembling buyer profiling, Synthetic Intelligence-supported buying and selling fashions, huge data-based HR analytics, real-time monitoring instruments for the true property market, and extra
- Buyer Expertise & Buyer Servicing: from visible distant help and voice-based banking to gamified funding & cash administration coaching and superior anti-fraud options
- Inside Effectivity: needed options vary from on-the-job coaching options, self-service digital HR platforms, efficiency advertising and marketing optimization instruments, and intelligence gross sales help assistants to assembly optimization instruments
- Product Improvements in Retail Banking: together with white label lending-as-a-service options, non-financial, value-added providers for actual property brokers, utility fee aggregator options for digital banking, household banking options
- Product Improvements in SME and Company Banking: covers options together with non-financial, value-added providers for agricultural shoppers, on-line wholesale marketplaces for agricultural manufacturing, e-invoicing, accounting, and monetary administration providers for SMEs
- OTP can also be on the lookout for completely modern and disruptive options which don’t fall beneath any of the above-listed classes however are associated to the banking sector
Constructing On A Profitable Monitor Report
During the last 4 years, the OTP Startup Companion Program has witnessed a rising variety of contributors, with the final version receiving 370 functions. On the similar time, the variety of OTP subsidiaries collaborating in this system has additionally considerably elevated, with 32 completely different enterprise items participating within the final version. Some collaborating companions arising from the earlier batches embody:
- Batch 2018-19: Alyne is working intently with OTP Financial institution Hungary to offer cutting-edge options to strengthen their cybersecurity measures, particularly with regards to the ISO and NIST frameworks, and native and European banking laws.
- Batch 2019-20: Neticle collaborated with OTP Financial institution Albania to localize its on-line media monitoring and sentiment evaluation platform in Albanian, thus introducing the primary such service out there within the Albanian market.
- Batch 2019-20: After a profitable pilot, Scolvo is growing a company gross sales help utility for Vojvođanska banka to streamline shopper conferences and ship important effectivity positive factors within the general gross sales course of.
To be taught extra in regards to the OTP Startup Companion Program, join on-line data classes on 25 September and 13 October and to use, visit the OTP Startup Partner Program website today!
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