canstockphoto9506781Israel might have one of the hottest startup scenes in the world, but which fintech startup in Israel is the hottest? The DEMOvation Challenge, which officially opens today, will find the answer to that question. The DEMOvation Challenge invites fintech startups to submit entries to win a complimentary demo slot at Bank Innovation Israel 2015, Nov. 10-11 in Tel Aviv. Each winning company is awarded the opportunity to give a short demonstration to the crowd of innovative bankers and fintech enthusiasts at the Tel Aviv event. About a dozen companies will be awarded demo slots. The competition will be judged by a team of esteemed market participants:
  • Laurence Berkowitz, Advisor (Israel), Bank Innovation
  • Dorel Blitz, Head of Innovation, Bank Leumi
  • Jeremy Bornstein, Head of Payments Innovation, Royal Bank of Canada
  • Phil Ryan, Editor, Bank Innovation
  • Matt Wilcox, Senior Vice President, Marketing Strategy and Innovation, Fiserv
The judges will also be on hand in Israel to review and comment on the demos. Attendees at Bank Innovation Israel will vote on the demos to determine the Best in Show winner of the DEMOvation Challenge. Bank Innovation held a DEMOvation Challenge at its event last March in Seattle. The winner of that Challenge was iQuantifi. To enter the DEMOvation Challenge for Bank Innovation Israel, submit an application here. Startups need not only be located in Israel. The deadline for applications is 1 October. Should you win a slot, you will receive notification by 9 October.