SINGAPORE April 2012; Claveo Software is pleased to announce that we have been selected as a semi-finalist of the Innotribe Startup Challenge, honouring the company as one of the most promising financial technology and financial services startups. On 24th April, Claveo will compete against 14 other startups at Innotribe Challenge Showcase in Singapore to secure a place as a finalist for the $50,000 grand prize and on-going support from SWIFT to grow the business.
Innotribe, SWIFT’s initiative to foster collaborative innovation in financial services and a panel of industry experts selected 15 semi-finalists from hundreds of applications to enter the Challenge. Claveo will pitch our solution to a panel of the financial industry’s leading angels, VCs and decision makers.
The winners of the Startup Challenge Showcase in Singapore will be invited to SIBOS in Osaka to compete for the $50,000 prize against other finalists from the New York and Belfast Challenge Showcases. The winner of the Singapore Challenge will also attend Innotribe Bangkok at the Asian Banker Summit, where they will have the opportunity to present their business to leading members of the banking and corporate community.
Matteo Rizzi, Innovation Manager, Innotribe, says “I’m delighted to announce Claveo Software as a semi-finalist and look forward to discovering more about the business. This year’s semi-finalists have assessed the developments and trends in the region and have identified opportunities in the market. The entrants have each demonstrated a forward-thinking and innovative approach to the financial sector and have developed start-up businesses which could have profound impacts on the future of the industry. I’m extremely excited to give Claveo the opportunity to pitch its ideas to some of the top decision makers in the industry”.
We’d like to thank SWIFT Innotribe, Cisco, Invest in Northern Ireland, Sberbank and the other Innotribe Challenge Partners for making the Innotribe Startup Challenge possible.
For further information about the Innotribe Startup Challenge, please visit: http://innotribestartup.com/ or follow @innotribe on Twitter.
Launched in 2009, Innotribe is SWIFT’s initiative to enable collaborative innovation in financial services. Innotribe presents an energising mix of education, new perspectives, collaboration, facilitation and incubation to professionals and entrepreneurs who are willing to drive change within their industry. It fosters creative thinking in financial services, through debating the options (at Innotribe events) and supporting the creation of innovative new solutions (through the Incubator, Startup Challenge and Proof of Concepts (POCs). It is through this approach, the Innotribe team at SWIFT is able to generate a platform that enables innovation across SWIFT and the financial community. For more information, please visit http://www.innotribe.com/.
SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,000 financial institutions and corporations in 210 countries. SWIFT enables its users to exchange automated, standardised financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest.
For more information, please refer to www.swift.com