Elevator Lab ChallengeSlovakia

Elevator Lab Challenge powered by Tatra banka is an acceleration program, looking for the best ideas from Slovakia, Czech Republic, Hungary and Poland. Join forces with the most innovative bank in the CEE region.

Your Benefits

By applying to the Elevator Lab Challenge powered by Tatra banka you will jump start your idea. You will receive valuable feedback from relevant experts and have the chance to present your company among other participants. Every applicant has a chance to become one of the semi-finalists of Elevator Lab Partnership Program powered by Raiffeisen Bank International.

For the winner

In category most scalable business model: Wild card to the semi-finals of Elevator Lab Partnership Program powered by Raiffeisen Bank International.

For the local hero

In the category most innovative startup: 5.000 EUR cash prize.

Family Finances, Wild Card Winner 2019

Behavera, Local Hero 2019

DerBrutkasten Video | Winner's Ceremony 2019

What we are looking for

We are looking for startups with proven innovative fintech products and technologies. The Elevator Lab Challenge in Slovakia is part of Elevator Lab, the group-wide international Partnership Program powered by Raiffeisen Bank International. Joining our Elevator Lab Challenge can be a stepping stone to scale your business case up to an international level.

Advanced Analytics & Artificial Intelligence

Voice banking, voice assistants and voice biometry for CEE languages
Intelligent character recognition/ smart document processing beyond OCR
Biometry e.g. behavior/ gesture analytics
Omnichannel analytics/ digital marketing
Citizen data science tools

RegTech

Regulatory compliancen
KYC process support & KYC depository (e.g. OCR/
RPA/ AI/ text mining)
Strong customer authentication solutions & digital ID
Transaction monitoring/ supervision
Recognition & quantification of compliance/ operational risks
Product approval tools

Large Corporates & Institutional Clients

Digital platform solutions (especially digital onboarding, workflow tools, risk limit management)
Blockchain solutions for large corporates
Digital contract management
Treasury management solutions
Data analytics for corporate payments/ trade finance activities
Predictive Sales Signal Analytics

Payments and Transaction Processing for Mobility Services

Blockchain based micro payment transactions
Multimodal (public transport) payment services
In Car payments for mobility services

Retail Banking

Financial advisory solutions incl. investment
Beyond bank advisory
Hybrid advisory (e.g. customer service)
Social banking

SME Banking

Digital SME & freelancer banking
Financial advisory for SMEs
Value added services for SMEs (e.g. payroll services, automated accounting, invoicing & expense management, cash flow tools)

Cyber Security

Third party risk management
Insider threat recognition
Blockchain use cases for cyber security
Zero trust/ dynamic perimeter

FX Solutions

Automated FX hedging solutions for small amounts
Automated FX Advisory
Multi currency account infrastructure/ e-wallets
Real time payments
Digital & Fast Account Opening for FX Spot & Hedging

Tatra banka is the Apple of the banking world. Their detailed focus on digitalization has helped them become leaders in this segment and we are very proud to have partnered with them. As a startup providing data-driven solutions, you dream to work with a bank like Tatra banka that has a clear vision and can quickly execute.

Johnson Darkwah, CEO at Gauss Algorithmic

The clock is ticking – what are you waiting for?

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Apply now

Timeline

Elevator Lab Challenge powered by Tatra banka starts with application phase. Followed by an internal selection process with aim to identify the start-ups with the biggest potential. Top 5 start-ups will proceed to the final and gain the opportunity to present their solutions in front of the jury members during the winners ceremony.

Challenge start date

24 April 2019

Application closing

21 June 2019

Jury meeting

1 July 2019

TOP 5 announcing

1 July 2019

Winners ceremony

15 July 2019

Elevator Lab Jury

The finalists will be rated by a diverse jury. The Jury will screen the applicants and will ultimately also select the best applicant as a winner.