So last weekend something amazing happened from the 13th -15th of May
2016. A weekend filled with young brilliant minds who strive to make a name and
impact with the world. This event was catered for entrepreneurs, designers,
developers and digital business owners who are keen on finding the right
solutions for businesses.
RHB Bank has teamed
up with Startupbootcamp FinTech to bring digital innovations in financial
services to the Malaysian market.
Startupbootcamp
FinTech is Europe’s leading accelerator, and the first of its kind, focused on
financial innovation, providing FinTech startups with funding, mentorship and
guidance from leading financial services industry partners. Startups will also
gain access to a global network of investors and venture capitalists. It's
really cool right!
Under this
partnership, RHB will be involved in the evaluation process, funding, mentoring
for the FinTech Accelerator programme, as well as organising of Fast Track Days
and Hackathons that just took place last weekend. How awesome is that right??
You must be
wondering, so how does it all work? Well, here's how :-
1) Start-ups from
across the region are invited to apply in pitching their ideas to the host
team/ partners where 10 will be qualified to move on to the next
level. From here, they will go on to the accelerator programme that will
go on for 3 months.
2) The 10 teams
will then be invited to present their companies/ideas to more than 200
investors, mentors, and partners during Demo Day.
3) Pitch
preparation includes hands-on guidance from investors, and leads into 3 months
of fundraising support.
4) All
start-ups are later offered 3 months of additional co-working space by their
host program to consolidate connections and often raise funding. They also join
over 200 startups in the world’s leading Alumni Growth Program, which offers
monthly masterclasses, frequent gatherings, and access to the most important
scaling resources such as later stage investors, PR contacts and recruiting
support.
It was pretty much
an intense yet productive and awesome experience. So many different ideas were
brought to the table and I'm pretty sure it was hard to pick the best out of
the best! Thank goodness I wasn't given that role! hahahah.
But at the end of
it all, there needed to be winners and here they are!!
- Overall
Innovation – won by
team AgentHero with members Bobby Ong Chong Eu and Lee
Teik Ming. The app is designed to teleport a financial advisor to
customer’s doorstep.
- Best Technical
Solution – won by
team Muin Bot with members Raja Hafify and Jonathan Wong.
Muin Bot is an intelligence chat interface that works as another channel
for millennials to engage the bank and financial advisors. It is also an
avenue for banks to capture or reach millennials
- Best Fit to a
Challenge – won
by Team A with members Leong Yok Tien, Tan Khai Ping and
Chew Chit Siang. The app acts as a goal oriented wealth assistant.
Woohoo!! Congratulations to all winners!
Looking forward to your innovations as we progress to a better future!
If you
missed the opportunity to participate this year, don't worry because there will
be another one happening next year. Just make sure to follow :
1) @RHBGroup on IG
2) Facebook page : https://www.facebook.com/RHBGroup/?fref=ts
or you can check out this link too :
Hope to see you at the next Startupbootcamp Fintech with RHB :)
