Through the network, startups are now able to get in touch indirectly with the bank’s business units and offer technical solutions.
Both the startup businesses and BBVA can secure a win-win by working together. But in order to do so, they first have to meet up. The Open Marketplace platform came into existence with precisely this in mind: help forge ties between different players in the fintech ecosystem to drive innovation in the sector.
BBVA revealed that the platform has a directory of profiles and a match-making system. It connects the services provided by startups and the needs of BBVA business units to create opportunities for both.
When there is a match between the two, they can start to work together through the platform, which offers support in formalizing the relationship with the bank, access to case studies and virtual co-working spaces, as well as direct contact with the business areas interested in the solutions of startups with the aim of formalizing a joint proof of concept.
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