On the weekend of 17 – 19 June this year, 96 startups from eight countries went head-to-head in a competition to come up with solutions forstreamlining the Customer Journey. 9 of those startups have seen their efforts rewarded with a Letter of Intent from the BNP Paribas Group and will be going through an incubation process allowing them to develop their concepts into real, practical solutions improving customers’ relationship.
‘Streamlining the Customer Journey by creating solutions in conjunction with startups’ – a central plank of the Bank’s strategic approach going forward – was the chosen theme for this 2nd edition of BNP Paribas International Hackathon. In addition to Paris, Brussels, Rome, Istanbul and San Francisco, which hosted the competition last year, Berlin, London and Warsaw also ran this year’s event.
By the end of the weekend, 18 startups had been selected to move onto the next stage. A total of 96 startups participated, versus 58 contestants last year – evidence of the growing popularity of this competition among the startup community.
During a 4-month Digital Bootcamp, the selected startups worked hand-in-hand with various BNP Paribas experts: from IT, Marketing, Compliance, etc
9 startups selected by a delegation of the BNP Paribas Executive Committee on Demo Day, which took place in Paris on 2 December, have come up with innovative solutions using Data Analytics, Crowdfunding and RoboAdvisory etc., all designed to help BNP Paribas Group deliver more suitable and more personalised services to its customers:
Excense has developed a multi-user software that reinvents face-to-face interactions between customers and advisors in branches. Their approach improves sales performance, customer retention and brand awareness on offers related to loans, personal finance, insurance and wealth management.
- Cadre de Vie
Cadre de Vie helps the Internet users choose their future home by helping them to define their needs according to their places of life (place of residence, work, school…) and their lifestyles (city, campaign, house, apartment…). Cadre de Vie is an innovative real estate portal, a personal project dashboard and a marketing partner for Brands who care about families moving their homes.
Birdee is a robo-advisory solution that positions the client at the center of the investment process in order to attain financial liberty.
Almonds can simplify your Every Day Life: it’s the next generation financial assistant that takes care of you, connecting all your cloud accounts and external services, giving you a single entry point to liaise with banks, insurances, public administrations and more.
Together is a platform where people can leverage their social credibility to make their house dream come true, engaging friends and relatives in an innovative financial investment approach where even third party investors can participate with the help of the bank.
Fintracer by Aboalarm, analyzes bank account transactions as a white label solution and identifies all contracts (debt, insurances, energy, etc.) as well as key life events. Leveraging fintracer’s transaction-based targeting-algorithms the bank can hereby build an integrated marketplace for all kind of contracts.
Birlikte.al proposes realtypies.com, a Global Marketplace where accredited/non-accredited investors pool money online, buy shares of pre-vetted real estate offerings across Europe, US and Turkey, create diversified portfolios and control their investments in a transparent manner, it is global crowdfunding for real estate.
Jet Mortgage by Hesapkurdu is a single platform and a continuous experience for a fast, easy-to-use digital mortgage process and immediate online approval.
Carsift helps the 6 out of 10 of people who are unsure of which car to buy. Our solution provides recommendations of new and used cars by asking a few simple questions.
As of today, these 9 selected startups will move forward and develop their prototypes. For a period of four months, they will enjoy unique access to a range of resources provided by the BNP Paribas Group: experts, support from teams from various business units; dedicated workspaces; a tailor-made acceleration programme; and introductions to potential business partners.
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Innovation according to BNP Paribas, the bank for a changing world
At BNP Paribas, to be innovative means creating a new type of banking relationship and inventing the Bank of Tomorrow. A bank that is both physical and digital, combining the best of both worlds – new ways of interacting provided by the social networks, new services linked to mobile tools, digitisation and process simplification. At BNP Paribas, to be innovative means anticipating the changes that are affecting our customers and turning these changes into opportunities. BNP Paribas is determined to draw on collective intelligence – benefiting from external resources by building products and services in conjunction with our customers and forging partnerships with startups and other innovative companies; as well as calling on our own in-house creativity. Proof of this creativity is to be found in the results of the Innovation Awards, which highlight initiatives devised by Group staff, and also in the work of L’Atelier BNP Paribas, a Group unit whose mission is to help both the Bank and our client companies to make a successful digital transition.
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 189,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.