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Record registrations for Citi Asia Pacific mobile challenge

By NexChange

More than 70 teams have been chosen from 1900 registrations across 376 cities for the Asia Pacific Citi Mobile Challenge (CMC).

Participants will show working prototypes for mobile apps and interconnected devices, ranging across every area of banking and FinTech including mobile payments, investment banking, wealth management, B2B services, financial inclusion and financial literacy, authentication and savings and personal financial management.

They will be evaluated by a group of Citi executives and technology influencers with the potential to making them marketable.

“The Citi Mobile Challenge is fostering the development of the next generation of FinTech solutions. This region is home to a fast growing FinTech community and this strong support for the Asia leg of the challenge will help accelerate and uncover new and exciting opportunities,” said Francisco Aristeguieta, Citi’s Asia Pacific CEO, in a statement.

CMC Asia Pacific is a next-generation accelerator that combines a virtual hackathon with an incubator and a worldwide network of FinTech experts and developers who will compete to build tech systems that are capable of running on Citi’s digital platform.

The registration number sets a record for the CMC with demo days to be held November 3 in Bengaluru, November 6 in Singapore, November 10 in Sydney and November 12 in Hong Kong.
Photo: Tao Tsai

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