Most Recent MeetUp

 
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FINTECH AUSTRIA MEETUP #11

Status quo and future developments of the Austrian Fintech Ecosystem
This Meetup took place within the scope of
#FinTechWeekVienna2018
FinTechWeekVienna 2018 (November 16th-23rd) is an initiative by Fintech Austria, the Austrian Bankers’ Association, FINTECHMATTERS and Vienna Business Agency. We all have the mission to foster, support and connect “the ecosystem(s)”.
 
 
 
 

Upcoming MeetUps

 
 

10th Meetup @ SkyLounge

Most recent event

FinTech Austria meets Deposit Solutions, GINI, N26 @ RBI

Prominent LineUp of Speakers. Pluvious afternoon. Promising venue. On June 26th, 2018, the vast majority of Vienna’s FinTech Community ventured out to the 10th MeetUp of FinTech Austria hosted by the SkyLounge at Raifeisen Bank International. The conference room not only had a picturesque view over the heart of rainy Vienna but was also bursting once Patrick Poeschl, the Chairman of FinTech Austria, kicked off the sold out meetup with introducing the special LineUp: Deposit Solutions, GINI, and N26 – all 3 FinTechs had either started their operations or obtained a key customer base in Austria and were eager to share their success stories.
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Elevator Labs

Maxmilian Schausberger, Programm Lead of Elevator Lab, opened his speech with "my job here is done”, as he was overlooking the full house at the SkyLounge. Max’s mission was to set up the biggest fintech accelerator in the CEE region, and to help startups that are waiting to conquer the Western market to scale their products through RBI’s elevator labs. The program comprises 16 weeks of virtual non-equity validation, which gives access to RBI’s 14 markets and to more than 16,5 million customers through remote interactions. Speedinvest and Uniqua will be the Elevator Program’s next ventures.
Are you ready to scale your business?
 
 
 
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Welcome to Open Banking

Next speaker was Max von Bismark from Deposit Solutions, which is one of the pioneers in building an Open Banking platform that connects 60 banks through offering a variety of 3rd party deposit products to its 30+ million customers. Their USP is a fully integrated API platform with Zinsmark (Deutsche Bank) enabling customers to deposit whichever amount they want at the desired interest rate they choose without opening multiple accounts all over Europe. The beauty for incumbents: They don’t have to duplicate their retail infrastructure and achieve a transformation of the value chain instantly. Additionally, the service precludes the customer’s from smaller cooperative banks to switch to a better provider. DS was built in the toughest post-crisis environment and took off during the zero-interest market. After China, Europe is the largest market before the US, so it made sense to go into the German market. Now, DS is the Number 1 B2C deposit business in Europe with local Reps in 12 countries.
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Free your life!

Second speaker of the evening was Deborah Ruff, Customer Success Manager from GINI. Their business model is pretty straightforward: they want happy customers and they strive to achieve that through making the customer’s life easier. How? Through offering smooth customer experience. Anyone who has declared travel expenses in an incumbent institution knows the pain. GINI offers (magic “Gini”) document extraction solutions as a semantic-as-a-service or as an app enhanced through OCR, AI, and ML. They build their value proposition around use cases that are in demand by their B2B customers (eg. Bank Austria in AT) such as invoice payment, taxes, mortgages, etc through photo upload. Simply put, any relevant data that is needed for eg. accounting is being extracted out of unstructured documents such as invoices. Gini’s solutions have so far processed 11 mil of documents, which allegedly gave back 20 years of time to customers. Next coup: digital credit application capturing the 70% of customers that never close.
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#nobullshit

Georg Hauer rounded the evening up with Number26’s transformation into N26 and the road ahead. Their vision has always been to build a bank the world loves to use and to cut any annoying FX or TX fees that incumbents are banking upon. Key essence is to enable customers to have access to their finances all around the world. In 2016, N26 received a banking license and by now, has reached 1billion TXs/month employing 450 innovators. US and UK are their next milestones in terms of expansion, and speaking of expansion: Due to tech talent rather enjoying the Catalan sunshine, N26 is following their developers and opened an office in the Mediterranean Metropole recently. The FinTech wants to become to banking what Spotify has became to music through offering a fun, transparent, easy, and enjoyable customer journey. N26 Metal card is the next contactless product, which offers banking as a digital membership with special access to certain 3rd party services and corporate partners, eg. WeWork, Home24, anything the digital nomad cannot live without. Stay tuned for their next launch soon.
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IMPRESSIONS 10th Meetup

 

Past meetups

We've come a long way. Thank you for you loyalty, FinTech Community of Vienna!
 
Enjoy the review
 
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Meetup #9

Fintech Austria meetup #9 on March 6th 18 @ UNIQA - Experts from ottonova, durchblicker.at and etherisc talked about "Insuretechs"
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Meetup #8

Fintech Austria meetup #8 on 21st of Nov @ the ixolit-Office - Experts from checkmyplace, storebox habitalix, brickvest and FFG discussed about "Prop-Techs".
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Meetup #7

Fintech Austria meetup #7 on Oct 18th @ Bankenverband with Neufund, Conda, Finnest and a panel discussion including VCs, lawyers, founders.
 
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Meetup #6

Fintech Austria meetup #6 on Sept 6th @ sektor 5 with Russell E. Perry, Founder + Co-CEO "kompany" & Bernhard Oberhauser, Co-Founder "Swiss Finlab"
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Meetup #5

FinTech Austria meetup #5 on March 7th @ WU GZ - Cryptocurrencies + Interview with Eric Demuth & Paul Klanschek from Bitpanda.
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Meetup #4

FinTech Austria meetup #4 on December 5th '16 - Discussion about launching a Fintech startup in/from Austria: 3 founders shared their experience.
 
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Meetup #3

FinTech Austria meetup #3 on October 4th '16 - Introduction: Fintech Lab, a hands-on working space for FinTech founders in CEE.
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Meetup #2

FinTech Austria meetup #2 on June 6th '16 - The role of Fintech start-ups in Vienna compared to other European capitals.
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Meetup #1

Launch of FinTech Austria meetups!! #1 - The idea about founding an association named Fintech Austria was born.