Posted by & filed under Banking, Fintech.

Is your startup going to be the next big thing in fintech? Do you have the AI, blockchain or cryptocurrency solution of the future? Or other innovation that is going to change how we do banking? And most importantly, do you want to collaborate with top banks from all over the world?

We are looking for the top fintech startups to work with top banks with over 100 million customers.

Make us love you and will make the banks love you more

Convince us you are what banks need, and you will be part of the selected top startups we Read more »

Posted by & filed under Accelerator, Banking, Fintech.

Some of the most exciting times of my work are the accelerator periods. It is thrilling to work with the great minds in startups and the partner bank. So much happens every week and I am always amazed when looking back at what really went on. The accelerators are real adventures!

And as we work with early-stage startups the accelerators don’t only show a glimpse into the newest new of the industry, but the future of the industry! If that doesn’t excite you, I don’t know what will. Did I already say accelerators are my favorite time…😉

And now it’s time for the next adventure: the Selection Bootcamp of our OTP Bank accelerator just started today! And that means we have the next exciting accelerator adventure ahead of us. But before that, it is time to get to know the finalists and find the startups that best match our partner the OTP Bank.

Read more »

Posted by & filed under Guest blog, Insurance, Insurtech.

This is a guest post from one of our mentors, Petri Ekman. Petri is an experienced executive with a broad and in-depth experience in financing, financial and insurance products and risk management strategies for corporate clients. Petri’s current role is the founder and owner of Elevon Consulting Oy. There he focuses on advising companies in carrying out change programmes and setting up financing solutions. 

In part one, I discussed the external factors forcing change upon the insurance industry. There is an obvious question that arises after. What is holding back insurance companies from changing their ways? Especially taking into account all of these looming threats on their horizon?

Again, I see a number of factors, many of which are universal, not insurance industry specific. Here is my list:

1. Non-life insurance is profitable

The non-life business is profitable today. That is because companies in a difficult investment environment have systematically cut their operating costs. And thus made their primary insurance business much Read more »