With the 1st day of the Phoenix Fintech Conference behind us, our anticipation and hopes were growing. If we could sum up the 2nd day of the event in one phrase, that would be: work hard and play hard. Startups were the main focus of the event and more specifically our own little game, the Quick Pitch Competition.
In the morning of the 2nd day, Andreas Bonschak from Erste Bank and Philipp Mayerhofer from Privatbankchecker took the stage first. Their lively co-presentation was about the 10 things that private banking can learn from Fintech. They explained how banking clients are changing and how to take your customers’ experience to the next level.
Our Quick Pitch Competition provided early-stage entrepreneurs with the exceptional platform to showcase their startup company. Each contestant had 3 minutes to present their idea and another 3 to answer the questions of our judges. But who were our judges? Jiri Manas from Erste Bank, Roman Slovinec from EBCG, Pawel Stezycki from Citi Handlowy and Jacek Lubinski from Experior Venture Fund.
After each presentation, attendees had the opportunity to vote for their favorite startup using DealMatrix, a platform that supports real-time pitch competitions to jury/public scoring and data analysis. Christoph Drescher, CEO & Co-Founder of DealMatrix, explained to the audience how to download and use the app while our moderator, Patrick Pöschl, Managing Partner of P2 Ventures, was there to help contestants. The first group of finalists was: PayKey, Raisin, Qafis, VoicePin, UpUp App, Cream Finance and Datatree.
After a small energy break, in order for our contestants and judges to recharge, Deniz Devri Cengiz from TEB shared the success story of CEPTETEB, a digital banking startup. He talked about its goals and the importance of giving your customers control.
For 20 minutes, all startups had the opportunity to have a 1-on-1 meeting with our judges. They put on their own show in front of small groups of attendees without the fear of public speaking. Even more, they explained more to those interested, enjoyed the speed networking session and got ready for round 2 of the Quick Pitch Competition.
During the second part, another 7 startups got grilled by the judges and audience: ThreatMark, Dateio, Worldcore, Savedo, Wirex, IDFinance and Xephor Solutions.
Glimpses of the Future
While votes were counted, Alexander Dunaev from IDFinance shared his successful startup story and how retail and fintech can work together to achieve rapid results using fintech’s full potential in every stage of operations. Next on stage was Andrea Lauren, Managing Director from Roklen, who presented the first Czech investment crowdfunding platform, Fundlift. She also elaborated more on the future strong potentials of crowdfunding that are coming to the CEE region.
One of the most interesting parts of the Phoenix FinTech Conference was the panel discussion about biometrics. Jakub Galka from VoicePin, Alessio Mauro from neoEYED and Edwin Nicolaas from Qafis shared their insights and technical knowledge on how biometrics work and why they will be the future of payments. During the presentation, attendees got a taste of what wearable biometrics are like. For instance, Biowatch. A wearable solution that transforms your watch into a secure source of identification using the unique pattern of your veins.
And The Winner Is…
After that small journey to the future, it was time for the announcement of the winners of the Quick Pitch Competition. The anticipation was big as Patrick Pöschl announced the winners. The prizes were: for the 2nd and 3rd place, a free pass and stand for the StartUp or ShutDown event on September 21 and 22, in Bratislava. For the 1st place, a free pass and stand for the same event, a 15-min stage interview and a one-month membership for “The Heart“, the European center for corporate-startup collaboration in Warsaw.
The 3rd prize went to UpUp App, an application for parents who care about the financial future of their kids. The 2nd prize went to Wirex App, an application which combines the speed and flexibility of blockchain finance with the acceptance of traditional currency. And the winner was Raisin, the first leading platform for investments throughout Europe.
Lastly, Michal Mostowik from Prudentiz, Sean Patterson from Worldcore and Deniz Devri Cengiz from TEB discussed with the audience about the future of financial services. Specifically, they talked about the challenges of virtual currency as well as TPP. That being the case, Sean Patterson said that the future will be good in the hope that traditional banks can benefit from all the rapid changes in the industry.
Is this the end?
Looking back at the 1st Annual Phoenix FinTech Conference, all we can think about is the message of this event. Cooperation and collaboration between banks and fintech startups. And we made it happen! More than 110 attendees from all over Europe came together in order to unite and change financial services forever.
The expectations for next year’s event are high and we already began to put together a bigger and better event for you. Don’t miss any updates from us by joining our communities on LinkedIn and Facebook or following us on Twitter. Re-experience the 1st Annual Phoenix FinTech Conference by navigating through all 19 presentations and slides. Get your access now.