UBS FinTech initiative continues apace

UBS has announced the winners of the fourth regional final of its Future of Finance Challenge held in London. This competition aims to identify innovative and potentially disruptive technological ideas and solutions to support the transformation of the banking industry. The three winners were chosen from a shortlist of 15 regional finalists by a panel of UBS business and technology leaders as well as external experts. Selected from more than 600 submissions from 52 countries, they are as follows:

BIOWATCH: www.biowatch.ch

embotech: www.embotech.com

Wayerz: www.wayerz.com

They will now participate in the final taking place on 10 December in Zurich. The Future of Finance challenge has been delivered in collaboration with Fintech crowd-working and accelerator spaces including Level39, JFDI.Asia, NUS Enterprise @ BLK71 and the innovation agency, 100%Open. Rewards for the regional and global finalists include cash prizes and acceleration opportunities worth around $300,000, as well as over 300 hours of dedicated coaching and mentoring from UBS experts and business partners.

“I thank all the participants of this global challenge and congratulate the Regional Final winners. We are delighted with the response we have seen from the global FinTech community. The depth and quality of the submissions underline how vibrant the FinTech sector is today," says Lukas Gähwiler, president UBS Switzerland and regional judge panel member.

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