Earlier this week, BBVA named DOV-E the winner of its Open Talent FinTech for Companies Challenge. As previously reported, the company revealed that it launched the “fintech games” in order to find the most innovative startups across the world to provide opportunities for.
Based in Israel, DOV-E provides wireless connectivity using auto technology between any consumer’s mobile device and any merchant platform. BBVA stated it named DOV-E the winner after the company beat a strong competition from hundreds of other entries from across the globe. The competition’s judges also revealed that DOV-E was chosen for its global capabilities and unique auto technology that empowers both companies and customers with personalized interactions. Head of Open Innovation for BBVA Marisol Menéndez, explained:
“Open Talent seeks to find the most innovative startups in the fintech ecosystem, those that we think can make a difference in creating opportunities for our customers. The judges all agreed that DOV-E does this and is an extension of BBVA’s own drive to be a positive financial force in our customers’ lives.”
BBVA’s Global Head of Customer Solutions, Derek White, commented:
“The BBVA Open Talent Competition is about how we as a business partner with fintech entrepreneurs to help them start, secure funding, grow and connect with potential customers. These are the challenges where we can help the startup sector build their business. For BBVA, it means we get to work with and learn from those at the cutting edge of innovation in the financial services sector, which in the long run will deliver real benefits to our customers and clients.”
Menéndez then added:
“Having this competition at Next Money Chicago 2017 provides value to each of the finalists that were able to present today. They had a captive audience of people who could give them ideas that could take them to the next level, or even partner with them. The exposure of this audience, and the potential benefit to their business can not be underestimated.”