NEDBANK LaunchLab Fintech Big Data Challenge 2016 Win Seed Funding And Incubation Support

NEDBANK LaunchLab Fintech Big Data Challenge 2016 Win Seed Funding And Incubation Support

Introduction

LaunchLab together with Nedbank will be engaging on an exclusive Fintech & Big Data Challenge which will run from mid-August to October 2016.

This challenge will consist of:

• Challenge Workshop
• Entering Pitches
• Pitching Platform Final 

Challenge Workshop

A workshop was hosted at the Nedbank Stellenbosch University LaunchLab from 16:00-18:00 on 16 August 2016 to allow us to engage with the Fintech & Big Data Startup Community.

We recorded this workshop and will post the video shortly.

Specifically, Nedbank is specifically looking for new business ideas that address:

• Enhancing client experiences using connected devices (IoT)
• New ways to utilise mobile technology to further promote financial inclusion
• Innovative methods to on-board and activate new clients (e.g. remote client verification)
• Platforms to promote money transfers or fundraising for small business e.g. crowd-funding and peer-to-peer lending
• New opportunities to leverage ATM devices for increased client activity
• Incorporate gamification to entice deeper client engagement with banking products
  
• Pitching Platform

Entering Pitches

We will be receiving pitches online via our dedicated wetransfer.com channel, as well as through in-person pitching sessions on the following dates:

• 13 September 2016 – Nedbank Stellenbosch University LaunchLab
• 14 September 2016 – UCT GSB Solution Space
• 15 September 2016 – Cape Peninsular University of Technology, Cape Town Campus
• 19 September 2016 – University of Cape Town
• 20 September 2016 – University of the Western Cape CEI
• 21 September 2016 – Nedbank Stellenbosch University LaunchLab

Entrepreneurs only get 3 minutes to record a video pitch. LaunchLab provides no facilities for displaying visual demos or presentations, but props and demo devices are allowed.  Any content beyond the 3 minute time limit will not be considered in the judging.

We look for the following criteria in the pitches that we receive:

• Problem or Need, and the Opportunity
• Value Proposition
• Target Market
• Team
• Business Model
• What do you need?

Pitching Platform Final

There will be an exclusive Fintech & Big Data Pitching Platform Final hosted by the LaunchLab together with Nedbank on the 20th of October at the Nedbank Stellenbosch University LaunchLab.

Link

http://www.launchlab.co.za/nedbank/