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Eng
21 September 2017

Elected participants FINTECH accelerator, RBI Elevator Lab

Vienna. September 21.

● Asteria

● Gauss Algorithmic

● company

● MishiPay

 Moxtra users ●

● SONECT

After a very successful completion of the application collection phase, which in total 336 from 56 countries, Raiffeisen Bank international (RBI) selected 6 startups that will become participants in the FINTECH accelerator lift laboratory program across the RBI Group.

"We are the first banking group in Central and Eastern Europe (CEE) to launch a FINTECH accelerator program of this scale, and we are more than satisfied with this interest. Innovation creates business, and through the lift of the laboratory we want to achieve that innovative FINTECH offered real added value to our 16.5 million customers in 14 of our markets in CEE", - said the Chairman of the Board of RBI Johann Strobl.

The selected 6 startups work in the following areas: payments and transactions (MishiPay, UK), banking services for SMEs (Asteria, Sweden), regtek (company, Austria), offices of the future (users of moxtra, USA and SONECT, Switzerland), as well as big data Analytics (Gauss Algorithmics, Czech Republic).

"It was not easy to select these 6 participants among others, because we received so many wonderful and interesting applications! Over the next four months, RBI will invest its experience, network and infrastructure in a pilot project to work with startups. Our goal is to explore options for applying specific business ideas to the RBI Group," explains Michael Hellerer, RBI's authorized representative, who is responsible, among other things, for the RBI Group's digitalization strategy.

* * *

RBI

Raiffeisen Bank international AG (RBI) considers Austria, where it is a leading corporate and investment Bank, and the countries of Central and Eastern Europe to be its home market. In 14 markets in the region, RBI operates a wide network of subsidiary banks. In addition, the Group covers a number of companies that provide other financial services, such as leasing, asset management, acquisitions and acquisitions.

In total, about 50 thousand employees of the Bank serve 16.5 million customers in more than 2.4 thousand branches, most of which are located in Central and Eastern Europe.

RBI's shares are listed on the Vienna stock exchange. The Raiffeisen regional banks own nearly 58.8 per cent of the shares. The remaining shares are in free circulation. Within the Raiffeisen banking Group (Raiffeisen Bank, RBG), RBI serves as a Central institution for regional Raiffeisen banks and other affiliated credit institutions and provides important services within its authority.

For more information, please contact Ingrid Ingrid krenn-Diez (Ingrid krenn-Ditz Ingrid +43-1-71 707-6055, [email protected]) or Andrea Pelinka-Kinz (Andrea Pelinka-Kinz, +43-1-71707-8787, [email protected]).

www.rbinternational.com | www.elevator-lab.com

http://www.rbinternational.com

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