Raiffeisenbank is looking for startups at the GoTech forum

Raiffeisenbank has partnered with the tech startups contest GoTech and launched a nomination for technology companies that offer bank-related solutions in following areas:

solutions for different segments of small business;
solutions for small e-commerce business;
payment and money transfer solutions;
financial management and Analytics solutions for corporates;
AI and machine learning solutions for banking;
AR/VR designed for banking.

Applications on the GoTech website are open until 8th of September. Up to 10 projects will be shortlisted and invited to present their solutions to the top-managers of Raiffeisenbank.

The winner will get an opportunity to make a proof of concept with the bank in real banking environment and with internal experts during 3-month period.
The best startups will be referred for rolling out to the Raiffeisen Group Headquarter in Vienna, Austria.

The Final will take place at the end of September in the office of the Raiffeisenbank, winners will be announced on October 12 during the GoTech forum.

GoTech competition has earlier announced nominations by Beeline, Kaspersky Lab, Google, Dell EMC, IIDF and Finlanding and an independent nomination GoGlobal where winners are selected by a board of experts that includes VCs, corporate representatives, business-incubators and accelerators representatives. The main criteria for the winner: will this startup dominate globally and make a remarkable success story?

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AO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG and has been operating in Russia since 1996. Raiffeisen Bank International AG (RBI) regards both Austria, where it is a leading corporate and investment bank, as well as Central and Eastern Europe (CEE) as its home market.

Raiffeisenbank has been operating in Russia since 1996 and offers a full range of services to retail and corporate customers, both resident and non-resident, in roubles and foreign currencies.

Raiffeisenbank ranks 14th among the Russian banks in terms of assets, based on 1H 2017 results (Interfax-CEA). According to the same Interfax-CEA data, AO Raiffeisenbank ranked 10th in terms of liabilities of individuals and 7th with regard to consumer lending.

Raiffeisenbank, which aims to strengthen its position as one of the leading universal banks in the region, is regarded as one of the most reliable banks in Russia by the ratings agencies. Long-term rating of bank deposits in national currency Ba1 (Moody’s), long-term issuer default rating (IDR) in foreign and national currency BBB- (Fitch) (according to 10 of August, 2017). Moreover, Raiffeisenbank obtains the highest national credit rating AAA (ru) from ACRA.