Abanca launched this Wednesday the 13th edition of the Abanca Innova Venture Client program, oriented toward startups that develop solutions in artificial intelligence, tokenization, and cryptoassets applicable to financial services. The program seeks to identify and attract tech startups capable of designing the next generation of financial services, with special focus on artificial intelligence, digital assets, and tokenization.
Interested companies can apply until October 15 at abancainnova.com. The bank intends to take advantage of the new European regulatory framework, namely the MiCA (Markets in Crypto-Assets) Regulation, to integrate these technologies into products and services aimed at retail customers and businesses.
After the application deadline, pre-selected projects will be evaluated in a workshop with bank teams. The solutions with the greatest potential will move forward to a technical bootcamp, where a proof of concept will be defined and implementation in a real environment will be prepared. Selected startups may develop pilot projects together with Abanca's business units.
Since its creation, Abanca Innova has already evaluated more than a thousand applications and completed 26 proof-of-concept projects. The program provides support from bank professionals and consulting firm HubIN, coworking spaces in A Coruña and Vigo, and access to entrepreneurship ecosystem events.
