Announcing the flagship regional event for fintech innovation Open Banking Hackathon – CEE Edition

Autor: Financial Market
Timp de citit: 2 minute

Building upon the success of last year Open Banking Hackathon event, held in Bucharest in the historic date of 14 September when PSD2 went live in Europe, Finqware is preparing a second edition of the innovation challenge event: Open Banking Hackathon 2020 – CEE Edition.

The event will be held full remote and will be an invitation for fintech teams from 10 EU countries (Poland ??, Romania ??,Bulgaria ??, Hungary??, Austria ??, Croatia ??, Slovenia ??, Slovakia ??, Czech Republic ?? and Greece ??) to be part of the challenge to build value creation applications on top of the battle tested Open Banking data aggregation platform provided by Finqware.

Big international companies like Google, Asseco SEE, FintechOS, the international law firm CMS, Ernst & Young, already confirmed their support for this regional event, interested to see banking innovation increasing velocity in the Central and Eastern Europe.

Regional important banking institutions like Raiffeisen Bank International, Alpha Bank, Banca Comerciala Romana, First Bank and OTP Bank already stated their interest to support the event, some others being in the confirmation stage. The supporting partners interested to contribute to the success of the event are also fintech associations, innovation communities and startup accelerators from Hungary (OTP Lab), Austria (Pioneers, Elevator Lab), Czech Republic (Czech Fintech Association), Romania (Techcelerator, InnovX, Rofin.Tech, Startup Grind Bucharest, Transilvania IT Cluster, Fintech.Camp), Bulgaria (Bulgaria Fintech, Eleven Accelerator), Slovakia (Slovak Fintech) and many more are joining the club each day.

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We want to make Open Banking megatrend a leap frogging opportunity for local banks in Central and Eastern Europe. It is one of their chances to be ahead of the pack in digital innovation at the global scale and to serve their local customers. It’s true that nobody knows for sure all the roads of creating value from Open Banking as we are in the pre-history of this revolutionary shift.

Our event is an opportunity for the players to collaborate together in learning (banks, fintechs, tech companies and regulators) how to make things happen. We hope they will all understand that supporting innovation to come out from lab to market, through events like Open Banking Hackathon CEE Edition, will accelerate the progress in our financial industry” (Cosmin Cosma, CEO of Finqware, the initiator of this event).

This year, in order to assure the professional organization and project management of this 4 days fintech event, How To Web joined to support the edition.

We aspire that Open Banking Hackathon to be like an “Eurovision contest” for innovation in Open Banking in the coming years. Our partners are interested to help us make this CEE Edition a big success, in order to lay the foundations for awareness growth of the event in the coming years” added Cosma.

The event and all the details can be found on and in the Facebook event.