Elevator Lab Challenge

powered by Raiffeisen Bank Albania

Elevator Lab is the name of Raiffeisen Bank International’s (RBI) group-wide accelerator program, which was first launched in June 2017. With a potential access to 14 different markets, Elevator Lab is already the largest corporate fintech accelerator in Central and Eastern Europe (CEE).

In 2018, Elevator Lab enters the second season and once more, the RBI Group is calling for applications from international fintechs from different fields. This year, RBI Group wants to put a special focus on the fintech ecosystems in CEE. Hence, Raiffeisen Bank Albania is launching an exclusive Elevator Lab Challenge for the Albanian market.

APPLY NOW to the Elevator Lab Challenge and win not only an attractive cash prize, and an exclusive WILD CARD to the last selection round of the RBI Group’s accelerator program in September 2018 but also a trip to Vienna on 27th and 28th August 2018 including pitch training before the last selection round.

| Application phase closed on 23 May 2018


Become part of the Elevator Lab and capitalize on our exclusive benefits, including visibility to Raiffeisen Bank Albania executives and feedback from our local Elevator Lab team.

  • For the finalists

    • Increasing of the brand awareness by mentioning in digital and print articles and Raiffeisen bank’s social media channels
    • Getting in contact with and gaining insight from high-level managers from the bank and other innovative companies
  • For the winner

    • € 5,000 cash prize
    • WILD CARD for the last selection round of the RBI Group’s acceleration program Elevator Lab
    • Trip to Vienna for pitch training before the last selection round




We are looking for start-ups, with proven innovative fintech products and technologies. The “Elevator Lab Challenge” in Albania is part of “Elevator Lab”, the group-wide international fintech accelerator program by Raiffeisen Bank International. Hence, joining the regional “Elevator Lab Challenge” can be a stepping stone for Albanian start-ups to scale their business case up to an international level.

  • Advanced Analytics

    • Augmented credit scoring
    • Predictive analytics
    • SME lending
    • Client & trading data analytics
    • Artificial intelligence (e.g. sentiment analysis, chat and voice processing)
    • Analytics for client interaction

  • RegTech

    • Anti Money Laundering & Know Your Customer solutions (incl. Distributed Ledger technology)
    • Customer authentication (incl. biometrics) & digital ID (incl. Distributed Ledger technology)
    • Data protection/management
    • Cyber security
    • Text mining

  • Corporate Banking

    • Distributed Ledger technology for trade finance
    • Corporate banking prizing solution
    • eDocument solutions/Optical character recognition
    • Robo advisor for FX trading

  • Investing & TradingTech

    • Hybrid-/digital-advisor
    • Smart contract certificates
    • Distributed Ledger technology solution for investment banking
    • Automated document generator

  • New Branch Experience

    • Automated branch digitisation
    • Augmented/virtual reality
    • PoS solutions
    • Remote advice
    • Voice banking (Google Home etc.)

  • Open Banking

    • Third party providers for extended banking value chains
    • Fund brokerage platform in open banking
    • Corporate multibank data aggregation (+ value added services)


In the first phase, an internal selection process will be conducted to identify the most promising start-ups to participate in the Elevator Lab Challenge. This way, all applicants get full visibility to the senior management of Raiffeisen Bank Albania. During the finals, the TOP 5 will present their use cases and the winners will be selected, based on the performance at the live pitches.


Apr 23

25 April 2018

» Application phase start

Mai 23

23 May 2018

» Application phase end

Mai 30

31 May 2018

» Finalist pitches in front of Elevator Lab jury

Jun 03

June 2018

» Winners ceremony


The five finalists will be rated by a jury, which includes Board Members and senior managers from Raiffeisen Bank Albania, a participant from Raiffeisen Bank International and experts in technology, innovation and startups in Albania.

  • Christian Canacaris
    Raiffeisen Bank Albania

  • Egon Lerchster
    Raiffeisen Bank Albania

  • Migena Kuka
    Head of Corporate & SE Products
    Raiffeisen Bank Albania

  • Alda Shehu
    Head of Finance
    Raiffeisen Bank Albania

  • Anila Hoxha
    Head of Security
    Raiffeisen Bank Albania

  • Erion Serti
    Head of IT
    Raiffeisen Bank Albania

  • Resmi Hibraj
    Head of Cards Business and E-Banking
    Raiffeisen Bank Albania

  • Rigers Kristo
    Head of Treasury Sales
    Raiffeisen Bank Albania

  • Maximilian Schausberger
    Elevator Lab Program Lead
    Raiffeisen Bank International

  • Sokol Vladi
    General Manager of Microsoft Albania

  • Gerti Boshnjaku
    Founder & CEO at New Media Communications shpk
    Founder at Business Magazine Albania
    Chapter Director at Startup Grind Tirana

  • Kushtrim Shala
    Co-Founder at Albanian ICT Awards, Editor at PCWorld Albanian.
    ICT activist and startup enthusiastic

ABOUT Raiffeisen Bank Albania