UBS launches the 3rd Future of Finance Challenge 2019


UBS has launched the 3rd edition of its Future of money challenge in the search for the most innovative ideas that have the potential to support the transformation of banks. Ten participants per region (APAC, EMEA and the Americas) will attend the regional final to compete for $20’000. Registration closes on 15 August.


The UBS Future of Money Challenge is an open competition for fintech startups and tech entrepreneurs around the world. For the third edition, the UBS is looking for ideas and solutions around four key areas; Technology Enablement, Smart Risk Management, Digital Transaction Rails & Tokenized Assets and Deepening Client Relationships. In the previous editions, Swiss startups have won prizes and secured a place among the finalists. This year too, the startups have the chance to win the final prize. The selection team will nominate ten participants per region (APAC, EMEA and Americas) to attend the Regional Finals in Zurich (October 9 & 10), Singapore (October 11& 12), or New York (October 15 & 16). The finalists will benefit from over 150 hours of dedicated coaching from UBS experts, mentors and partners. They will also have the opportunity to accelerate their ideas with the UBS support and expertise in regional innovation spaces to further validate and commercialize their solution. The regional finale winner will receive $200,000 and further support from the UBS team to commercialize and scale their ideas and technologies using its significant global presence, deep expertise in global banking and eco-system of innovation partners. Application submission closes on 15 August 2019.