Consultant Capgemini and the not-for-profit Efma have launched a platform designed to bring fintechs and insurtechs together with traditional banks and insurers around innovation.
The portal, named FinTechVisor, will have a feature that allows bankers and insurers to rate fintechs and insurtechs and comment on their solutions, as well as a “matchmaker-like” function to facilitate partnerships.
The new portal has an in-site messaging feature allowing financial institutions to contact startups through the platform and a library with news, trends and stories of successful collaborations.
“As the financial sector undergoes significant transformation, the vision of the FinTechVisor portal is to create a single point of contact where all players can find their place and be a part of the future,” said William Sullivan, head of Market Intelligence at Capgemini. “With so many new players offering innovation, traditional financial services organizations need a method to sort through the clutter to find the innovative FinTech partner that is the best match to transform their business.”
The FinTechVisor portal will also feature Capgemini’s ScaleUp Qualification Program that evaluates startups under four criteria – people, finance, business and technology. Not all fintechs on the FinTechVisor portal will be eligible to apply for the Capgemini ScaleUp Qualification but all FinTechs on the portal have the opportunity to showcase their expertise and solutions to an audience of qualified contacts.
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