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Today: Jun 13, 2024

BNP Paribas ignites fintech innovation with UK incubator.

1 min read

TLDR:

  • BNP Paribas Personal Finance has partnered with SuperTech to launch a UK innovation lab focused on data-led challenges in financial services.
  • The lab is looking for SMEs to participate in an incubator programme aimed at leveraging external data and insights to enhance customer engagement in financial services.
  • Participants will have access to mentoring from senior financial services experts, investment pitch opportunities, and personalised support. The programme will conclude with a showcase of products and services to BNP Paribas executives in May 2024.

BNP Paribas Personal Finance has announced the launch of a UK fintech incubator in collaboration with SuperTech. The incubator will focus on addressing data-led challenges in the financial services sector. Unlike traditional fintechs, the lab is specifically seeking applications from SMEs for its incubator programme. The programme will emphasize harnessing external data and insights to improve customer engagement in financial services. Participants will have the opportunity to collaborate with BNP Paribas Personal Finance and access various business support services, including a co-working space, mentorship from senior financial services experts, investment pitch opportunities, and personalised one-on-one support.

The incubator programme will culminate in a showcase of products and services developed by participants to BNP Paribas executives as part of the “Innovation Week in May 2024.” The goal of the collaboration is to generate new ideas and solutions that will enhance BNP Paribas’ products and services for its customers and partners.

Stephen Hunt, CEO of BNP Paribas Personal Finance UK, highlighted the importance of embracing new ideas and delivering better products, services, and solutions for customers and partners, stating that the partnership with SuperTech aligns with this goal.