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Nesta Chooses SME FinTechs For Competition | PYMNTS.comInnovation foundation Nesta has announced the 20 FinTechs chosen to compete for a $6.5 million prize as the company looks to boost innovation in the small business banking space. As part of its Open Up Challenge, announced in February, Nesta called for FinTechs that are using APIs to disrupt small business banking.
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Nesta selects the 20 fintech start-ups that will shape the 'open banking' revolution | Startups.co.ukInnovation foundation Nesta has revealed the 20 companies that will take part in its Open Up Challenge and help to shape the next generation of services, apps and tools designed for the UK's small businesses.
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Twenty firms to compete for £5 million Open API prizeUK innovation agency Nesta has handpicked twenty organisations selected to receive a slice of a £5 million prize fund to inspire the creation of new products and services using Open Banking APIs. Nesta announced the Open Up Challenge in February in a global search for organisations who would use new open banking APIs to transform the way small businesses discover, access and use financial services.