DISTRIBUTED LEDGER CHALLENGE
Please join us for the Santander InnoVentures Distributed Ledger Challenge where five of the most innovative companies in financial technology will compete for a $15,000 cash prize and the opportunity to partner with Santander. A panel of financial technology executives and venture capitalists will determine the winner at an exclusive event in New York City.
AWS Pop-up Loft
350 West Broadway, New York City
Wednesday, January 27th, 2016
Some of the foremost experts in the Distributed Ledger space will help determine the winner of the Santander InnoVentures Challenge.
Juan Jimenez Zaballos
Out of hundreds of applications, five startups have been selected for the final round of the Santander InnoVentures Challenge. These highly innovative companies are competing to take home the $15,000 cash prize, title and perks of the winning spot.
Winner will be announced during the live event to be held in New York City on Wednesday, January 27th, 2016 starting at 2pm to 5pm EST.
Santander InnoVentures, the $100m corporate venture capital fund of Santander Group, produced a report with Oliver Wyman and Anthemis Group, that estimated the potential savings from the application of distributed ledger available to the finance industry were some $15-20bn. Opportunities lie in segments like trade finance, mortgage processing, securities settlement and processing, amongst many other areas.
For inspiration read the report here.
Join in the transformation of the banking and finance industries
About Santander InnoVentures DL Challenge
The winning startup will receive a $15,000 award, to be used to help fund you during your journey to seek a full capital raise via Onevest’s 1000 Angels community of startup investors. In addition to the prize, the winner will be given access to Santander InnoVentures’ business and technology experts to help them validate and develop their proposition.
Access to experts
Access to Santander InnoVentures technology experts and distribution channels
Help from Santander's experts in validating and developing your business
Access to the selective network of 1000 Angels
The winning startup will receive a $15,000 award
PERKS FOR THE WINNERS
Onevest has created an ecosystem of products that support founders and investors in building successful ventures from the formation to the financing stage. Onevest provides technology products to connect founders, investors, advisors and influencers in the entrepreneurship community seamlessly and easily.
CoFoundersLab is the leading matchmaking service for founders connecting them with other cofounders, advisors, and interns.
1000 Angels is the world's largest digital-first, invitation-only investor network that allows members to build a venture portfolio free of management fees, carried interest, or large capital commitments.
"Distributed ledger technologies will create huge value for customers, banks and entrepreneurs who create new businesses around it. The Challenge will spark and accelerate that process for fintech startups."
Santander InnoVentures Managing Director