THE
FINTECH

EVOLUTION
IS HERE

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Applications close on December 15

IT’S TIME TO PAY IT FORWARD

30 years ago SIBS started the startup way to turn into one of the World’s top Fintech innovators. For the second year, SIBS reinforces its commitment on startups ecosystem by paying it forward to startups with an acceleration program focusing on Open Banking, an area that brings the most significant change in financial services since online banking.

 

For startups, this is an opportunity to be amongst the first builders of the next generation of business and consumer fintech solutions and to take part in the creation of the largest Open Banking ecosystem in Portugal.

read our manifesto

STARTUPS ON THE BOOTCAMP

Analytics Saves at Work is a boutique consulting company operating in the area of analytics to leverage open source data for business insights.

Analytics Saves at Work is a boutique consulting company operating in the area of analytics to leverage open source data for business insights. The company is recognized as a ‘Startup’ by Government of India.
Their expertise is in developing advanced statistical models and machine learning algorithms for specific business problems, especially for BFSI.
Analytics Saves at Work has fortune 100 insurance and banking clients for the last 18 months.

Coinscrap is a smartphone app that allows users to round up their daily purchases and automatically save the spare change into financial products such as saving insurance, life insurance or pension funds.

Coinscrap is a smartphone app that allows users to round up their daily purchases and automatically save the spare change into financial products such as saving insurance, life insurance or pension funds.
Users can connect as many debit or credit cards as they want, along with a current account, and the app rounds up every purchase made on those cards up to the next Euro (€).

Elecctro wants to revolutionize the Vending Machines Industry.

Elecctro wants to revolutionize the Vending Machines Industry. On the operators’ perspective, VendIoT offers a set of services that will help to:
– Maximize operating efficiencies, by reducing costs of cash management (collection, transport, security), reducing downtime of machines, and reducing robbery and vandalism that represents big losses every year
– Increase revenue, by delivering new payment methods (cashless payments) and avoiding sales not completed, and analyzing historic revenue to plan ahead stocks management
– Get to know consumers, by profiling each consumer habits and likes and communicating directly with consumers for campaigns or discounts.

Gofact aggregates invoicing, expense management, bank account management. Gofact works with integrated solutions in identity, communication and management.

Gofact aggregates invoicing, expense management, bank account management.
Gofact works with integrated solutions in identity, communication and management. A cloud billing solution made for the micro-entrepreneur: all the information at one-click distance always updated and properly organized.
It develops integrated solutions, developing presence solutions and digital organization. Gofact believes that billing should be the least of people’s concerns. That’s why Gofact simplified the billing process.

Infin8 has created the only mobile banking app that people will ever need regardless of how many banking products they have in different banks.

Infin8 has created the only mobile banking app that people will ever need regardless of how many banking products they have in different banks.
Infin8 aims to carry out all daily banking needs from a single app, making people forget about the financial jargon.
The problem that we are facing today is that typically we have different banking products from different banks. This means that we have to use many different mobile banking applications to manage our finances and carry out transactions. Well, we are changing this!

Limitless is a mobile app which aims to help banks and other financial institutions help Millennials save their own Money.

Limitless is a mobile app which aims to help banks and other financial institutions help Millennials save their own Money. The money is transferred to a dedicated “savings” account rather than invested. Then, some of savings will be invested into risk appropriate, low-cost funds so that clients can achieve their financial goals even faster.
The money saved using Limitless will be transferred to a dedicated “savings” account rather than invested. In future some of your savings will be invested into risk appropriate, low-cost funds so that customers can achieve their financial goals even faster.

Moneygarden helps people to get an overview of all your finances. Moneygarden is a financial platform which offers to users a holistic approach to personal financial planning and wealth management.

Moneygarden helps people to get an overview of all your finances. Moneygarden is a financial platform which offers to users a holistic approach to personal financial planning and wealth management.
It offers a consolidated view of all income, spending and assets. It also shows to customers where they can save money and help them to better invest their money.
Customers can securely associate all their accounts with Moneygarden. So you finally get a full picture and easy-to-understand insights into your money movements.
Customers can easily see where their money is flowing and how their own valuables develop. This will give a complete overview of all finances. It will give a secure feeling for dealing with own money and gaining more time for the really beautiful things in life.

Nextgen is an integrated and an inter-operable financial inclusion solution which uses multiple base hardware solutions.

Nextgen is an integrated and an inter-operable financial inclusion solution which uses multiple base hardware solutions (SIM overlay, the secure microSD card and a low cost NFC reader for an 360 degree offering on enabling financial inclusion at the last mile and for the masses).
The driving goal behind this is to meet the mobile financial services guidelines under ISO 12812-2 standards and bring them to actual implementation on the mobile.

Papaya POS take care of managing the entire business.

Papaya POS take care of managing the entire business through:
– Process sales with ease at the speed of light on a tablet or a smartphone
– Gain insights into your sales results at any time and from anywhere
– Control your inventory levels and never risk running low on stock again
– Enjoy extra features that will help you know your customers and cater to their desires

Sezame provides a secure and simple new way of secure logins to potentially all existing password protected accounts.

Sezame provides a secure and simple new way of secure logins to potentially all existing password protected accounts by leveraging a mobile phone for primary authentication where possible and for secondary authentication where necessary.
It is a company specializing in converging biometric identification mechanisms with existing online services via mobile applications for online identity authentication.

Sstrategy has a platform called Debit2Go which aims turning enterprise data and transactional banking operations into loyalty & business outcomes.

Sstrategy has a platform called Debit2Go which aims turning enterprise data and transactional banking operations into loyalty & business outcomes. Sstategy enables turning customers into subscribers through the use of SDD (SEPA Direct Debit Scheme) linked to the Subscription Economy phenomena.
The Open Business API which enable financial entities to rocket their transactional operations through the SEPA SDD/SCT/Subscription Economy schemes.

Spin Analytics brings digital transformation in Credit Risk Management by leveraging predictive analytics, AI and ML techniques on Big Data.

Spin Analytics brings digital transformation in Credit Risk Management by leveraging predictive analytics, AI and ML techniques on Big Data.
Spin Analytics helps business and financial leaders to reformulate their challenges and Convert Data into Actionable Intelligence. Spin Analytics product implements Credit Risk Models’ development and maintenance by leveraging predictive analytics, AI and ML techniques on Big Data.
It enables leaders to identify which company information is more important and obtain the ability to develop a framework that consolidates that information and reveals all the hidden patterns that tact as reliable future predictors.

WHO WE ARE LOOKING FOR

PRODUCT-WORKING
ESTABLISHED
PRODUCT-TESTING

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

OUR WAY FORWARD IS OPEN

On a single platform, startups will have access to data from the main Portuguese-based banks

 

– For all startups that can use Open Banking APIs in
developing the next generation of business and consumer solutions.

 

– For all startups that can take part in the development of Open Banking APIs,
enabling a new way of sharing information for the benefit of customers.

OPEN BANKING API

SIBS is working with the main Banks on building the largest Open Banking ecosystem in Portugal

SIBS wants to embrace the possibilities of Open Banking together with other fintech innovators. We’re looking for startups that can take advantage of the development of the platform that is being implemented by SIBS to transform the way businesses & consumers discover, access and use financial products, meeting the challenges resulting from the Open Banking European directive to be applied next year.

No fit with the requirements? Don’t worry, we have also SIBS PAYFORWARD OPENTRACK, a program running in continuous and parallel with the acceleration front so that we can look for and have our door always open for great startups! Just reach out to us:

CONTACT US

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01

APPLICATIONS

Until 15 December 2017

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. The top 25 startups will move forward.

02

BOOTCAMP

26 February – 2 March 2018

The one-week Bootcamp represents a strong and ambitious concept in the literal and inspirational dimension. We will figure out which of the 25 startups selected exceed themselves, enhance their leadership skills and we will test their limits and management skills, to see who’s moving forward with us.

03

ACCELERATION

19 March – 25 May 2018

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 10 startups that are going to be part of the accelerator will enjoy 8 weeks of individual coaching & pitch practice, several workshops & mentoring sessions.

04

DEMO DAY

25 May 2018

Demo Day is the day you have to present to SIBS the solution your startup has been working during the 2 acceleration months.

05

INTEGRATION

June – December 2018

The most promising startups will have the priceless opportunity of integrating 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

MENTORS

Madalena Cascais Tomé

CEO @SIBS

Hugo Araujo

Head of International Business @SIBS

Jorge Correia

Head of Loyalty and Personalization Cards @SIBS

João Costa

Head of Network Management @SIBS

José Azevedo

Head of Client Services @SIBS

Ricardo Chaves

Head of Commercial Management @SIBS

Ricardo Madeira

Head of Systems Development @SIBS

Sérgio Moraes

Head of Business Process Outsourcing @SIBS

Teresa Mesquita

Head of Product Management @SIBS

Valentim Oliveira

Head of Security @SIBS

Tiago Bianchi de Aguiar

Head of Corporate Strategy @SIBS

Maria Antónia Saldanha

Head of Brand & Communication @SIBS

Hélder Neves

Head of Finance and HR @SIBS

Pedro Rocha Vieira

Co-Founder & CEO @Beta-i

Manuel Tânger

Co-Founder & Head of Innovation @Beta-i

Ricardo Marvão

Co-Founder & Chief Education Officer @Beta-i

WHO’S BACKING ME UP?

MAS

Maria Antónia Saldanha

Program Director @SIBS

Thanks to SIBS Innovativeness, more than 300 million users bene t 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.

More >
ManuelTanger

Manuel Tânger

Co-Founder & Chief Open Innovation Officer @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.

more >

NEWS

SIBS REINFORCES BET ON STARTUPS ECOSSYSTEM

The success achieved in the first edition of the program encouraged SIBS to reinforce its commitment on startups ecosystem. SIBS PAYFORWARD, Portugal’s first payment and Fintech acceleration program, has evolved…

read more