Last week, SnapSwap took part to Open BBVA Summit as the winner of the Open BBVA Talent Identity, and presented its customer onboarding solution to BBVA executives and experts. This event brings together startups, entrepreneurs and experts in innovation, to promote innovation and collaboration between the banking sector and FinTech companies. The Open Summit hosted the grand Finale of Open BBVA Talent, a worldwide competition organized by the Spanish-based bank that combines five contests in one. This competition seeks for innovative companies that would help BBVA achieve the goal of transforming the world of banking. For the 9th edition, it has attracted more than 980 applications from 73 countries.
On the second stage of its journey with BBVA, SnapSwap participates in an immersion week at the bank’s headquarters in Madrid. For seven days, the entrepreneurs will discuss their projects with BBVA experts from IT, compliance, new digital businesses and the group representing different countries divisions and participate in a series of fintech events designed especially for them. The selected startups will work with BBVA senior executives to find business opportunities and synergies to deploy their technologies and capabilities into the organization and reach new target markets. Indeed, BBVA is present in more than 30 countries and has a broad portfolio of more than 71 millions customers in the world. This immersion week also gives SnapSwap the opportunity to connect with key players in the banking sector and reach potential partners to develop new added-value services that will better serve customers worldwide.