Elevator Lab Partnership Program
Digital Customer Acquisition and Financial Literacy 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!
Applications closed.
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 are looking for
The program is open to later-stage fintech startups with proven innovative fintech products and technologies. Your fintech solution/technology for banks and financial services must be active in one of the following areas:
Digital Customer Acquisition
- Creative strategies and approaches for customer acquisition, beyond banking co-services etc.
- Enabler for customer referral programs, giveaway promotions, small-scale influencer referral campaigns
- Tools for better understanding of customer behavior e.g. A/B testing, heat map tool etc.
- Gamification tools: e.g. “gamifying” the persona creation process during onboarding
Financial Health/ Literacy
- Literacy for children/young people: tools and services parents can use
- Gamification strategies for financial literacy
- Product, services, tools to help customers spend wisely, build savings, borrow responsibly etc.
- ESG: Enabling spending money in responsible/climate positive way
Digital Customer Acquisition and Financial Literacy Track
Applications were open until September 26th, 2021 - CET 23:59.
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 Bulgaria, which will be presented at the international Demo Day taking place in June 2022. 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
September 7th – September 26th, 2021
Remote video pitches
October 20th – 21st October, 2021
- Pitches of the semi finalist startups via Teams call
- Selection of the finalist startups
Finalist days
November 26th, 2021
- 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 winner
Acceleration phase
December 2021 – April 2022
- 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!
Demo Day
September 2022
- 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 Bulgaria & Raiffeisen Bank International.
Ani Angelova
Nedyalko Mihaylov
Mariela Atanassova
Vladimir Mahnev
Herbert Horak
Christian Wolf
Raiffeisen Bank Bulgaria
€5,110MN
Total Assets
0,63MN
Total Customers
2,600
Total Employees
122
Total Branches
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: