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Fintech Factor 2024

4/5 November 2024
Global

Join a premier pitching competition, hosted in cooperation with the Bank of Latvia and the Fintech Latvia Association. Compete for prizes and the chance to secure up to €150K from LatBAN and Tenity.

Deadline: 7 October 2024

The Fintech Factor 2024 is a premier startup challenge designed to spotlight and accelerate the growth of early stage fintech startups. This competition provides a platform for innovative startups to showcase their solutions, connect with leading financial institutions, VC funds, policymakers, and gain valuable industry exposure in the Baltic region.

Co-hosted with

Part of

The competition will conclude with a Community Day on November 4, followed by a pitch event at the Latvia Fintech Forum on November 5, 2024. The eight selected startups will present their ideas to an audience of up to 250 esteemed industry leaders. Prizes include an early-stage growth kit with 10 hours of legal counseling by Sorainen and Walless each, 10 hours of growth mentoring by Tenity, a €2,500 cash prize, tickets to Latitude59, sTARTUpDay, Nordic Fintech Summit, and Fintech Day 2024 and the potential for a €50,000–€150,000 investment from LatBAN and Tenity.

Investments from LatBAN and Tenity are contingent on independent investment decisions.

STARTUP CHALLENGE TIMELINE

  • Submit Your Application: Complete the online web form by 7 October.
  • Selection for Interviews: Tenity will review applications and select the most promising startups for interviews by mid-October.
  • Final Selection: Following interviews, the top 8 startups will be chosen to pitch on stage at the Latvia Fintech Forum by mid/late-October.
  • Pitching Webinar: Selected companies will join an online session on 29 October to help them prepare for the stage.
  • Community Day: Mix, match, and mingle with industry leaders, investors, and fellow entrepreneurs on 4 November.
  • Taking the Stage: Present your fintech solution on 5 November to a distinguished audience at the Fintech Forum – and compete for prizes. 
What
Early Stage Fin/Tech Pitching Competition
When
4-5 November 2024 during the Latvia Fintech Forum
Where
Riga, Latvia

Benefits

Access to Investors

Engage directly with our global investor network, pitch your ideas, and participate in Q&A sessions.

Industry Exposure

Showcase your startup to leading financial institutions, VCs, and policymakers at the Latvia Fintech Forum.

Legal Advisory

Receive 10 hours of free legal consulting from Sorainen and Walless, valued at €2500 each.

“The Tenity Golden Ticket”

Get a booster shot from Tenity, including €2,500 Cash Prize to fuel your startup’s growth + 10 hours of fundraising and business development consulting + Two conference passes to sTARTUpDay (Tartu/January), Baltic Fintech Day 2024 (Vilnius/April), Nordic Fintech Summit (Helsinki/May), and Latitude59 (Tallinn/May) + Potential €50,000 investment with an accelerator program in H1 2025.

Potential Investment

Compete for a potential €50,000–€100,000 investment from LatBAN and €50,000 ticket from Tenity.

Networking

Build connections with key stakeholders in the Nordic-Baltic fintech ecosystem.

Some of our success stories

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Focus topics

If you are focused on any of the following areas, we can't wait to receive your application:

Fintech, Insurtech, Regtech, Web3, Enterprise tech, and more

Meet the Partners

Our Partners

Our Conference Partners

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What we'll cover

Find out what we will cover in our masterclasses.

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Requirements

Stage

Early-stage: Idea to Seed

Verticals

Fintech, Insurtech, and any adjacent vertical with application in the financial industry.

Geography

You need to be incorporated in Europe to enter the competition.

The startups

Meet
the team

Liisa Jõerüüt

Liisa Jõerüüt

Investment Associate
Uve Poom

Uve Poom

Hub Director Tallinn
Kevin Chavanne

Kevin Chavanne

Investment Manager

Meet
your partners

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Have questions?

Reach out to our team

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FAQ

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