Elevator Lab Partnership Program
Digital Payments Track
hosted by
This track is an integral part of Raiffeisen Bank International’s group-wide Elevator Lab Partnership Program – the largest corporate fintech program in CEE. Our program is offering later-stage fintech startups support in developing unique pilot projects. Get the chance to become a partner of Raiffeisen Bank International Group!
Your Benefits
Once selected to take part in a Partnership Program Track, as a fintech you will have the opportunity to work together with international leading banking experts on a proof-of-concept in order to further develop your business solution. During the program the jointly developed solution/product will be evaluated for a possible strategic long-term partnership with RBI Group. Find out more about the benefits:
Pilot project
To develop your product further we test it in the real-life banking environment (access to the RBI API Marketplace & real clients) in the course of a pilot project with the most promising fintechs.
Support of experienced mentors
Our mentors come from a wide range of business areas within RBI Group and are top experts in their fields. They are supporting fintech expansion by sharing their expertise, giving strategic support and providing critical feedback. Additionally, external mentors are contributing with their specific know-how.
Dedicated PoC Fund
The pilot projects are funded by a dedicated Proof of Concept fund. In addition, we cover travel and accommodation (flight & hotel) for up to two people per fintech
What we were looking for
The program was opened to later-stage fintech startups with proven innovative fintech products and technologies. The fintech solution/technology for banks and financial services must have been active in one of the following areas:
Digital Payments
- Peer-to-peer payments (p2p)
- Peer-to-business payments (p2b) / online payments (device agnostic)
- Solution for account-to-account payments
- FX / cross-border payments
The clock is ticking – what are you waiting for?
Applications close on XX XXXX XXXX.
000days00hours00minutes00seconds
Timeline
Before starting to work on your PoC with our experts, an internal selection process aims to identify the fintechs with the biggest potential. Selected fintechs – identified in the course of the local Finalist Ceremony – will work on a proof-of concept with banking experts in [country/countries], which will be presented at the International Demo Day taking place in May/June 2021 (tbc). After a successful completion of the program, fintechs have the chance to be evaluated for a possible strategic long-term partnership with RBI Group.
Application phase
[time period, e.g. 23 – 25 October 20XX]
Remote video pitches
[date, e.g. 29 June 20XX]
- Pitches of the semi finalist startups via Teams call
- Selection of the finalist startups
Finalist days in [city name]
[date, e.g. 29 June 20XX]
- Mentor’s get to know the startups and their technology
- 1:1 mentor – startup sessions focusing on PoC building
- Finalists pitches
- Final selection of winner startups
- Finalist ceremony
- Onboarding of the winners
Acceleration phase
[time period, e.g. 23 – 25 October 2021]
- Get to know the PoC host and RBI Group
- PoC development and progress evaluation
- 1:1 mentor – startup sessions focusing on PoC validation, building & execution
- More information coming soon!
International Demo Day
tba
- Official presentation of the PoC projects in front of international guests
Elevator Lab Jury
Acts as the highest selection committee during the overall program and in the course of the Finalist Day the finalists will be rated by the jury consisting of Board Members and Managers from [bank name/s].
Cristian Sporis
Raiffeisen Bank Country
€8,144MN
Assets
2.3MN
Customers
5,333
Employees
545
Outlets
Want to apply for another Track?
Elevator Lab Partnership Program consists of several tracks: Each track has a different timeline and searches for fintechs in different areas and is hosted by different Raiffeisen banks within our CEE network. Check out all our Tracks!
Any questions?
If you have any questions about the fintech Partnership Program, are considering to apply or wondering if this is the right program for you – please have a look at our FAQs first: