Elevator Lab Partnership Program
Analytics & Loyalty Solutions for Companies Track - this Program is outdated, for new Track hosted by Raiffeisenbank Bulgaria please click HERE
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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:
Advanced analytics solutions
- Data enrichment & omnichannel analytics
- Clients risk profiling models based on
transactional data & other real time data - Predictive sales signal analytics for client acquisition
- Customer online footprint and readiness analytics
Loyalty programs solutions
- B2B2C value chains
- Loyalty platforms/portals/market place
- Channel loyalty programs - omnichannel loyalty solutions
- Loyalty management technologies
Elevator Lab is a visionary and innovative program ran by an enthusiastic team where you can present your solutions and show what you can offer to real businesses. It was a privilege to work with experienced mentors in terms of developing our product further and reaching out to new opportunities.
Ozkan Demir, CEO of Pisano
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 Romania & Bulgaria, which will be presented at the Demo Day taking place in May/June 2021. 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
May 26th – July 5th, 2020
Remote video pitches
September 1st – September 2nd, 2020
- Pitches of the semi finalist startups via Teams call
- Selection of the finalist startups
Finalist days
September 28th – September 29th, 2020
- 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
October 2020 – February 2021
- Get to know the PoC host and Raiffeisen teams
- PoC development and progress evaluation
- 1:1 mentor – startup sessions focusing on PoC validation, building & execution
- More information coming soon!
Demo Day
May/June 2021
- 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 Raiffeisen Bank Romania & Raiffeisen Bank Bulgaria & Raiffeisen Bank International.
Raiffeisenbank Bulgaria
€3,900MN
Assets
0.6MN
Customers
2,700
Employees
133
Outlets
Raiffeisen Bank Romania
€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: