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| Jacoline B. Loewen, Disruptive Technology in Fintech |
During the same week, I got an amazing phone call from Switzerland. Our UBS Global Fintech Challenge was done. UBS was now releasing the details about the finalists selected to go to New York.
The eleven finalist companies will receive mentoring about their technology and brain storm about how they could work with our UBS information technology team members.
The finalists will spend several days in New York And hang out with the UBS key players and decision makers for UBS Bank around the world. This is worth more than the prize money for both the startups but also for UBS. It is an amazing way to engage with the best, most disruptive and the most relevant innovative fintech companies from around the world.
The 11 finalists will then be helped to prep and then to present their Pitch Deck to the judges. One winner will be selected to get the investment capital award. Probably the mentoring and networking is of far greater value but someone has to won the podium. This is all coming up in November, 2017.
I must say, I was stunned to hear the numbers behind the competition and how much the Canadian FinTech is hitting above its weight. For your interest, here is a quick numbers break down:
- 1,000 applicants across the globe.
- 125 were looked at closely
- Out of the 11 finalists in the Americas going to New York - a whopping 5 are Canadian.
- 2 of these Fintech companies are female founded and led.
It would be amazing if a Canadian won. I will keep you posted!
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