▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | GreenCity | Italian Channel Awards | Italian Project Awards | ...
InnovationOpenLab

B2B FinTech for Future: Fabrick's call to European fintech startups

The next wave of fintech solutions will be focused on B2B services, and Fabrick wants to involve the most promising European startups

Funding

Italian open banking company Fabrick launched a challenge for European startups working on business-to-business digital banking and payments solutions. The B2B FinTech for Future call underlines that "the dawn of fintech era was strongly focused on B2C applications", but now "B2B fintech has been gaining attention and the next wave will be increasingly led by B2B providers". Like Fabrick itself, which is using the challenge also to develop its ecosystem of collaborating companies.

Founded in June 2018, Fabrick describes itself as an "open financial ecosystem created to promote Open Finance through the development of innovative digital services, based on the logic of open banking". Its clients are banks, institutions, fintechs, large corporations, SMEs, top merchants and startups operating in any sector. Its ecosystem now includes Fabrick itself, Axerve, Centrico and the digital bank Hype. Most of the ecosystem companies come from the digital activities of Banca Sella, one of the first Italian Banks to work on the digital side of banking.

B2B FinTech for Future is looking for interesting startups working in one or more of six key areas: invoice management and account payable, payments, lending, prospect and client data analysis, vertical SaaS solutions, digitization of sales and procurement processes. The call is open to startups of each stage (pre-seed, seed, early stage, early growth, growth) and each maturity level (prototype, MVP, ready to market, product on the market).

Applications can be submitted until October, 16th. A fintech expert panel will carefully analyze the application and select the most promising ones, says Fabrick. During next November, the selected startups will be carefully evaluated with "deep dive sessions". The challenge will close with awards going to the best solutions.

The "most distruptive startups" - Fabrick adds - will get the chance to partner with the company and to showcase their services/APIs on Fabrick Platform. Networking with peers counts, too: startups will be able to join a wider fintech community, to (maybe) launch new open banking innovation projects.

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

Deloitte looks for startups ready for the Digital Health market

Officine Innovazione's Health&BioTech Accelerator programme aims to foster open innovation in the Health and Life Science sectors

Mondo official supporter for Olympic Games in Paris 2024

Italian Mondo is the official supporter in athletics track and equipment for the Olympic and Paralympic Games Paris 2024.

Growth continues at E4 Computer Engineering

The Italian company shows a revenue increase of 23% in 2023 and aims to expand its staff, doubled during the last two years

A capital increase for the Italian venture builder FoolFarm

FoolFarm launches €9 million capital increase targeting IPO and unveils new investment committee.

Most read

Leonardo introduces ECOS-E multimode Radio Base Station, a significant…

Leonardo, the leading global Aerospace, Defence and Security company, presents to North American market the ECOS-E DTA7000 multimode Radio Base Station,…

GCT Semiconductor Announces Appointment of Edmond Cheng as Chief Financial…

#4G--GCT Semiconductor, Inc. (GCT) a leading designer and supplier of advanced 5G and 4G semiconductor solutions, today announced that the Board of Directors…

Swift Sets Industry Up for Seamless Introduction of CBDCs for Cross-Border…

Swift today announced the findings of the second phase of industry-wide sandbox testing on its central bank digital currency (CBDC) interlinking solution,…

2024 Entrepreneurship Summit Presented by the Harvard Undergraduate Venture…

The Harvard Undergraduate Venture Capital Group (VCG) will hold its annual Entrepreneurship Summit on Sunday, March 24, 2024, from 8 AM to 5:30 PM at…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!