kompany offers real-time access to authoritative, audit-proof company information covering 100 mn companies in over150 jurisdictions powering KYC, AML, and EDD checks. Its service can improve or automate the verification of businesses (cross-border) based on real-time, authoritative and audit- proof company information directly from commercial registers, UBO directories and PEP / sanctions lists, allowing a streamlining of onboarding and compliance processes as well as due diligence processes in various fields. kompany provides both a business KYC web tool for automated retrieval, delivery and storage of authoritative, audit-proof company filings and commercial register reports and an enterprise API which can be integrated into in-house workflow management tools, CRM and ERP systems
Asteria is a new and easy way to truly understand business cash flow and make it smart in order to find the easiest opportunities for growth, to make more data driven decisions and to reduce administration. Asteria’s software is integrated into the customer’s and bank’s software. Customers get automated cash flow forecasts and receive an alert when there is a cash flow gap and a suggestion to solve it with their bank. Customers get continuous feedback on how to optimize receivables, cash positions and credits and see how it affects their future cash flow. Asteria visualizes the most important parts of their customer’s business software data to help make more data driven decisions. Through the software, businesses can increase earnings, cut costs and stay one step ahead of their competition.
»Big Data Analytics
Gauss Algorithmic is a leader in data integration, advanced analytics and data related research in the CEE region. Its technology expertise ranges from big data integration, processing and enrichment to predictive analytics and cognitive computing. The company’s mission is to help businesses making right decisions and creating a competitive advantage using Gauss Algorithmic’s capability to analyze the past, understand the present and leverage Artificial Intelligence to uncover future outcomes. Its team consists of leading specialists in scientific and commercial applications of Big Data and Artificial Intelligence with a strong focus on the CEE region. Gauss Algorithmic is also a Cloudera certified partner in the CEE region.
»Branch of the Future
Moxtra, a leader in mobile-first embeddable collaboration services, offers an embeddable, omni-channel client engagement platform for financial services companies. Using Moxtra’s technology, clients and bank agents can collaborate around documents using secure messaging, e-signatures, voice layered over content and real-time meetings. Moxtra is platform agnostic and is built with the mobile user in mind. The platform can be integrated deeply into existing workflows and can be configured to meet any security or regulatory requirements. Moxtra’s APIs can be embedded quickly and easily into almost any existing vertical solution, such as ERP and CRM, as well as into native mobile apps, to provide built-in collaboration that keeps users engaged and productive.
SONECT converts any shop or individual into a „Virtual ATM“ reducing the high „cost of cash“ via a location based on-demand service that allows its users to withdraw cash using smartphones. SONECT disrupts the ATM industry by democratising the process of cash distribution. What UBER is to taxis, AirBnB to hotels, SONECT is to ATMs. It is a location-based match making platform that connects those who want to withdraw cash with those who want to deposit cash (e.g. a shop owner). This way, the shop owner not only reduces the cash management efforts but also earns money and increases footfall, consumers can withdraw cash at the click of a button on their smartphone wherever they are, and banks can save up to 50% in running their ATMs while generating new revenue.
In the initial stage an internal selection process will be conducted to identify the best start-ups for further participation in the Elevator Lab. Within our four month accelerator program, we will run a proof of concept project with the participants in order to improve their product, to evaluate how to gain traction and how to start to scale internationally (focus on CEE).
After the first batch, we will evaluate the potential of a possible further cooperation together with the startups. Therefore, our accelerator program has the potential to be a stepping stone to reach a significant new market via our extensive network.