You may well remember Allevo has been talking about being part of the BCR-InnovX business accelerator program for scale-ups. The program ends in style with an elevator pitch in front of the extended board of BCR and Erste Bank. But that happens next week, on Feb 24th. Stay tuned for more!
Feb 11-12th, Allevo participated at Startup Grind Global Conference. InnovX facilitated a stand in the Google for Startups tent and a 1′ pitch in front of the startup and investor community! What a show!
This was an amazing experience. Please find below one of the first stories that covers the event, along with a shoot of the on-stage pitch (apologies for the sound, maybe we’ll have better quality in a bit).
This is a call for partnering with banks to better serve their corporate customers, especially small and medium sized ones. The application I mention is FinTPc, the main result of the TOSS project, a project co-financed by the European Regional Development Fund under the Competitiveness Operational Programme 2014-2020, Priority Axis 2 “Information and Communications Technology (ICT) for a competitive digital economy”.
I am Ioana Guiman, one of the managing geeks at Allevo. We are the plumbers of next generation corporate banking infrastructure. So I figured I might also be dressed as one.
As part of a project co-financed by the European Union, Allevo developed FinTPc. This application automates processing of financial transactions.
Features include payment initiation and reconciliation between invoices and bank statements. We make use of the open banking setup to automate communication between banks and corporates.
Allevo proposes a business model where banks distribute FinTPc to mid-sized companies.
This helps companies operate more efficiently and succeed with better financial management. Similar to larger corporates.
So help me find these banks and their customers.