THE FIRST FINTECH AND PAYMENT PILOTING PROGRAM BASED IN PORTUGAL

IT’S TIME TO PAY IT FORWARD

35 years ago SIBS started the startup way to turn into one of the World’s top Fintech innovators. For the third year, SIBS reinforces its commitment to the entrepreneur ecosystem by paying it forward to startups with a piloting program focusing on Fintech trends and payment solutions.

For over three decades, SIBS has been providing new payment solutions, investing big efforts to performance in a constantly changing society, that offers new opportunities every day. Now it’s time to pay it forward by working with startups to test and grow in a global changing environment.

For startups, this is an opportunity to join the most secure, modern, and reliable payment solutions player, who has a network of more than 300 million users.

We met amazing people. We learned a lot from them about the technology, about the market and about the product. So now we have a great user experience. It was mind-opening.

Denis Kiselev, CEO Snapswap

WHO WE ARE LOOKING FOR

WORKING PROTOTYPE OR MVP

ESTABLISHED FOUNDING TEAMS

PRODUCT TESTING PHASE

OUR WAY FORWARD IS OPEN

For all startups who aims to play a role in developing the next generation of business and consumer solutions.

For all the startups with the new fintech trend to enable a faster, easier and more secure way of work with payments and security.

Artificial Intelligence

Are you a startup based on Artificial Intelligence solutions that help to improve processes and to develop the banking sector offer?

Cyber security

Are you a startup based on Cyber Security services that make internal operations and business transactions a totally safe, comfortable and reliable experience?

Blockchain

Are you a startup with Blockchain services that enables to facilitate and track commercial and financial transactions between companies in different geographies?

OPEN BANKING API

Have you developed an API for value-added services based on the new PSD2 directive and you want to be part of the new SIBS API Market.

Big Data

Are you a startup with Big Data services, using machine learning technologies, analytics or predictive models that can analyze and converge customer and transaction data to better service levels in several sectors of activity?

Machine TO Machine

Biometrics

Robotics

IoT

Did you developed concepts of Machine2Machine, IoT or Robotics allowing the offer of services’ transactions and payments between machines in the transportation sector, logistics and mobility?

SIBS IS WORKING WITH MAIN financial institutions ON BUILDING THE LARGEST FINTECH ECOSYSTEM IN PORTUGAL

SIBS wants to embrace the possibilities of innovating together with other Fintech entrepreneurs, transforming the way businesses and consumers access and use financial products.

SIBS PAYFORWARD was a very important program to Elecctro, both technically and strategically. During this program we got the attention, support, and dedication not only of our mentors but of every related area inside SIBS, which allowed us to improve our go-to-market strategy. We’re very grateful to SIBS for choosing Elecctro and supporting our project!

Diogo Simões, CEO Elecctro

PROGRAM

Applications

UNTIL 4 JANUARY 2019

It all starts with your online application. We will select those startups that better fit with the program and that can clearly benefit the most from collaborating with SIBS. We’ll be looking at how solid the business model is, growth potential and scalability, the complementarity of skills within the team, how the product delivers value and how SIBS can provide value.

BOOTCAMP

MARCH 2019

The one-week Bootcamp represents a strong and ambitious concept in the literal and inspirational dimension. We will test your limits and management skills, to decide who’s moving forward with us. The selected startups will have access to SIBS knowledge being mentored by SIBS´s management.

piloting

MARCH – JUNE 2019

A startup accelerator by SIBS, supported by Beta-i, that’s the best of both worlds: amazing mentoring & program meets the big-money clients, network and industry knowledge. The startups that are going to be part of the accelerator will enjoy 8 weeks of individual coaching & pitch practice, several workshops & mentoring sessions.

DEMO DAY

JUNE 2019

Demo Day is the opportunity for startups to present the solution they have been developing during the last piloting months.

DEAL ASSIGNMENT

JUNE – DECEMBER 2019

The most promising startups will have the opportunity to integrate SIBS for 6 months and gain access to support services in order to fine-tune the final product.

Incubation at SIBS means way more than having the opportunity of sharing an office space with one of the top fintech companies in the world. It means having SIBS collaborators as your mentors, having access to the organization’s resources and tools.

SIBS wants to continue to collaborate and support other Fintech. The launch of an innovative accelerator and the first one in payments area to be done in Portugal, allowed us to evolve as an organization, to be even more disruptive in terms of innovation and to develop more e effective collaboration models with this new ecosystem of organizations and entrepreneurs.

Madalena Tomé, CEO at SIBS

WHO’S BACKING ME UP?

Maria Antónia Saldanha

Program Director, Head of Brand & Communication @ SIBS

Thanks to SIBS Innovativeness, more than 300 million users benefit from the most modern, reliable and secure financial services, namely in the payments area.

More than three billion transactions are processed by SIBS, which results as one of the largest payment processors in Europe and Africa. Among its most recognized brands are MULTIBANCO, MB NET and MB WAY.

With a history of success based on innovation and e efficiency, SIBS remains focused on its growth and development of services that simplify the day-to-day lives of people and organizations.

Manuel Tânger

Co-Founder & Head of Innovation @ Beta-i

Based in Lisbon, Beta-i is one of the main entrepreneurship and innovation organizations in Europe. We help new and established businesses grow the startup way, by running acceleration and innovation programs, organizing events, promoting investment and creating great workspaces at our hub.

Recognized as one of the world most active startup accelerators and by Wired magazine as “the top incubator in town”, since 2010 we have received 4850+ startup applications to our programs and accelerated over 850 startups, that have raised +60M, having also 14.000+ people attending our events.