National Bank launches innovation competition

National Bank launches innovation competition

National Bank launches innovation competition

We are increasingly using technology to manage our savings, daily banking, and mortgages; and National Bank is hoping to find new innovative ideas to drive the digital shift.

It has launched a large-scale Innovation Competition which will bring together Canadian fintech startups, students, and other teams of individuals from across Canada.

They will be tasked with developing new solutions to change they way Canadians manage their finances.

"National Bank has been working closely with top fintechs for many years now. They play a key role in enhancing the quality of our service offer and in promoting entrepreneurship and technology in society at large. I’d like to invite startups, students, innovators, and teams of individuals to take up this innovation challenge with us,” said Louis Vachon, President and Chief Executive Officer of National Bank.

The competition has been created in partnership with Flinks and OSMO and will take place over 6 months with the finalists pitching their business and technology solutions to a panel of National Bank executives, venture capitalists and tech leaders.

The winning team will be awarded a $100,000 cash prize.

Those interested in taking part can find more information here.