Call for Applications: OTP Startup Partner Program for Later-stage Startups with validated products

OTP Startup Partner Program is an international partnership program seeking later-stage startups with validated products and scaleups from all over the world, with the chance to build goal-oriented, business-focused, and mutually beneficial partnerships with OTP Bank, a top tier player of the financial industry in Central and Eastern Europe.
Application Deadline in 5 days
Eligible Countries | Regions | Cities  Worldwide
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OTP Startup Partner Program is an international partnership program seeking later-stage startups with validated products and scaleups from all over the world, with the chance to build goal-oriented, business-focused, and mutually beneficial partnerships with OTP Bank, a top tier player of the financial industry in Central and Eastern Europe.

The program starts with a 3-month pilot phase, after which the most successful cohort companies are admitted to a 6-month rollout phase aimed at supporting the full-scale, live integration of the tested solutions into the operation of the bank. Take this unique opportunity to refine your product, grow your business, and expand your networks through projects conducted in one of the 11 countries where the OTP Banking Group is present and via bespoke training and mentoring sessions!

Program benefits


Results-oriented pilots based on real business needs

Business-relevant Proof-of-Concept or pilot projects with one of the banks belonging to OTP Group, collaborating directly with renowned OTP experts

Dedicated support from piloting to live collaboration

Connection with the right stakeholders and key decision makers within OTP Group, dedicated resources to support the live rollout in case of a successful pilot

Business development acceleration & potential customer base

Opportunity to forge new partnerships within OTP Group and get access to up to 18.5 million customers in the CEE region

Customized mentorship

Business insights and guidance from dedicated mentors and key decision makers at OTP Group with market-specific expertise in 11 CEE markets

Investor relations & international networking

Introductions to PortfoLion, OTP’s VC and PE arm, to other VCs and angel investors and access to an extensive pool of renowned mentors, leading corporate partners and our proven alumni companies

Coworking space

Free desks for your team at OTP LAB, in the heart of Budapest, over the course of the program – if you decide to relocate (not required)

No cost, no equity

No application or participation fees, we take no equity, we do not lock you in

 

Focus areas

Advanced data & analytics tool

  • Business intelligence solutions, customer needs mapping, customer profiling
  • Marketing automation tools supporting micro-segmentation, identification of client insights and next best offers
  • Social media sentiment analysis
  • Brand equity measurement solutions
  • Campaign measurement tools for monitoring the effect of offline ATL campaigns on sales
  • Campaign measurement tools for monitoring the effectiveness of digital brand awareness campaigns

Customer experience & servicing

  • Tools supporting personal data management and GDPR compliance
  • Novel customer management tools ensuring balance between sales objectives and customer satisfaction
  • Solutions bringing CSR initiatives closer to clients
  • White-label platforms to manage loyalty and referral programs for current and prospective clients
  • Novel solutions enriching discount or loyalty programs
  • Biometric user identification methods for ATMs, branches, call centre
  • Remote customer identification, digital contracts for smooth digital onboarding (retail and business clients)
  • Voice analysis and emotion detection, voice enabled chatbots
  • Beyond banking, value-added services for retail clients (e.g. third-party marketplaces)

Internal efficiency

  • Recruitment and employee selection tools based on gamification or simulation
  • Tools supporting easier operator-supervisor interactions, operator quality assurance in call centre
  • Gamification based employee knowledge sharing and knowledge management systems
  • Gamification based incentivizing solutions for front-office personnel for increased sales efficiency
  • Solutions streamlining administration activities in branches
  • Tools streamlining IT development
  • Identity and access management for frictionless collaboration with third parties
  • File and data synchronization solutions
  • Tools to monitor the locations of POS terminals
  • External data sources supporting AML screening for business clients
  • OCR and RPA solutions to digitize documents and automate back-office processes
  • Document digitalization and archiving solutions maintaining the legal validity of documents

Product innovations

  • Solutions incentivizing microsavings and goal-based long-term savings in case of young professionals
  • White-label, non-SaaS personal finance management solutions
  • Succession and inheritance planning tools for private banking clients
  • Non-financial services related to home buying
  • PSD2-enabled data aggregation solutions for online lending (customer onboarding, credit scoring)
  • Payment gateways, peer-to-peer payment systems, utility bill payment aggregators
  • Non-financial services enhancing QR code payments

SME banking

  • White-label savings and asset management solutions for corporate clients
  • Farm management software
  • Alternative, additional credit scoring solutions for farmers
  • Solutions helping farmers maximizing their production efficiency (data-based suggestions, knowledge sharing)
  • Data aggregation tools supporting online lending to SMEs, including farmers
  • Data aggregation solutions improving online factoring
  • Non-financial and beyond banking services for SME and corporate clients
  • Pipeline management system for SME and corporate relationship managers with sales reporting features

Surprise us

We are of course aware that we do not know what we do not know, and therefore we are open to disruptive solutions that can transform the financial industry in ways we have not thought of. If you have such an idea, we encourage you to submit your application.

Application Deadline:  22 November 2019
 

Illustration Photo: OTP Startup Program - Demo Day 2019 (credits: otpbank)

Source: OTP Startup
Read more

If your organization published a call for proposals, call for projects or call for applications for Startups, Entrepreneurs or Researchers, we will be happy to publish your call free of charge on our website. We will also share your call on the social media (Facebook, Twitter, LinkedIn, PInterest, Tumblr, Instagram). Please drop your pdf files and/or your url link on our WhatsApp +85577778919 or email to us at info@adalidda.com

Thank You
Adalidda's Team

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