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OTP Bank launches its third later-stage startup partner programme for FinTechs and RegTechs

Financial service provider OTP Bank has opened its application process for the latest batch of its later-stage startup programme.

The OTP Startup Program is launched to help OTP Bank foster long-standing relationships with scaleups from around the world.

The Hungry-based company is looking for startups working in several areas. That includes ventures working on advanced data and analytics tools aimed at creating stronger business intelligence, social media and marketing solutions.

It is also searching for businesses that can create better customer experiences, including those that would help the bank create tools for personal data management and General Data Protection Regulation compliance, which is something financial services companies struggle with, and biometric user-identification methods.

Among other things, it is also on the lookout for startups that can boost its SME banking offering with things like white-label savings and asset management solutions for corporate clients, farm management software and pipeline management.

That being said, OTP Bank is also looking for entrepreneurs and enterprises that can offer better services in more unusual ways.

The programme kicks off with a three-month pilot phase after which the best in class are admitted to a six-month rollout phase where they are supported in their efforts to fully integrate their solutions into the bank’s services.

The application process is open until November 22.

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