From February 28 to March 1, Startupbootcamp FinTech Mexico City held its third FinTech hackathon at Finnovista LOFT.
For more than 48 hours, 60 participants brought together their talent, knowledge, and enthusiasm for technology to develop solutions around the theme of this edition: neobanking and payments for millennials. Students, entrepreneurs, active members of the FinTech ecosystem and developers gathered at Finnovista LOFT to put their ideas into practice and build disruptive projects over the weekend. This hackathon is part of the ongoing activities related to Startbootcamp Mexico City, an initiative of Finnovista.
To kick off the occasion, Rafael Hernández, Program Director of Startupbootcamp FinTech Mexico City, gave a warm welcome to participants and partners and startup sponsors alike, sharing the agenda of the 3 days and sharing the agenda and format for the three-day event. The 67 participants then formed teams to take their vision for the hackathon challenge to reality, fleshing out their projects, building the product and preparing a pitch.
During the hackathon, the participants made use not only of their technical and business knowledge, but of the resources made available by three of the nine corporate partners of Startupbootcamp FinTech Mexico City, who enabled APIs to facilitate the development of projects, in addition to offering workshops with specialists from their technical areas so that participants could make the best use of the tools from Cybersource by VISA, HSBC and Fiinlab, powered by Gentera.
As part of the competition, attendees benefitted from a technical session with Codster.io, experts in the creation of web and mobile applications, as well as the mentoring of more than 50 experts in the FinTech industry who collaborate with the program’s partners, key organizations in the technological entrepreneurship community of Mexico City, as well as part of the alumni team of the acceleration program Startupbootcamp Fintech Mexico City.
Over the course of the weekend, 11 projects were developed, among which biometric payment options and use of QR codes stood out. Other teams, however, opted for solutions focused on inclusive neobanks, as well as solutions for immigrants, gig economy workers, and investment alternatives, among others.
The winner of the third edition, Blank!, presented its Palpei solution, an intelligent platform to make fast and efficient payments based on IoT and biometric sensors. We would like to thank the corporate partners that made this event possible: VISA, Scotiabank, HSBC, Banregio, IGNIA, LATINIA, Fiinlab powered by Gentera, EY México and White & Case, plus our startup sponsors, Billpocket and Creditas.