Seoul Meta Week 2022

Bankflip emerged from the combined expertise of co-founders Álvaro Mancilla, Gabriel Esteban, and Honorio Marín, each bringing a unique set of skills and a shared passion for fintech innovation. Álvaro, the CEO, has over a decade of experience in Tech startups, especially in FinTech and EdTech. Gabriel, the CTO, began his tech journey at age 13, and Honorio, the CPO, offers a strong technical and entrepreneurial background. The trio first collaborated at Goin, a B2C savings app, where they discovered the transformative power of FinTech. Their collective experience and vision led to the founding of Bankflip—a startup dedicated to revolutionizing financial services through permission-based data platforms. Streamlining FinTech Document Processing Bankflip addresses the complexity of collecting and processing documents for loans, credit, and mortgages in FinTech. Their solution simplifies and speeds up this process, enabling secure, real-time data management with user consent. By interfacing with public authorities, Bankflip streamlines document collection, such as tax returns and income verification, boosting efficiency and cutting costs. This automation increases conversion rates and reduces drop-offs, ensuring a smooth experience for both institutions and users. Competitive Edge in a Crowded Market Bankflip stands out in the competitive FinTech landscape with its extensive data coverage, superior user experience, and robust technological infrastructure. They cover 90% of the market in Spain alone, offering financial institutions a single access point for all required data. Their no-code solutions and intuitive APIs make integration effortless, giving them a competitive edge. According to the founders, “Our biggest competitive advantage is the combination of data/market coverage, user experience, tech robustness, and developer experience.” This unique approach has solidified Bankflip’s position as a leader in the Spanish FinTech market. Growth Strategy and Funding Success Bankflip employs a sales-driven go-to-market strategy, focusing on enterprise and mid-market financial companies. Their emphasis on customer success has enabled them to expand steadily within their client base. After securing two funding rounds—a pre-seed in November 2021 and a Seed round of €2.6M in December 2023—Bankflip is now focused on expanding its customer base in Spain and Portugal. Additionally, they are seeking design partners in France to tailor their solution for the local market, aligning with their long-term goal of becoming the leading pan-European platform for permission-based data processing in financial services. Overcoming Challenges and Seizing Opportunities As Bankflip expands internationally, it faces the challenge of adapting its technology to meet the specific needs of each new market. This involves building connectors with local public authorities and customizing their solutions to handle country-specific regulations. However, the founders view these challenges as opportunities to strengthen their competitive advantage. Bankflip is at the forefront of the digital transformation sweeping the financial sector, where online platforms are increasingly becoming the norm across Europe. By staying ahead of these trends, Bankflip aims to drive the digitalization of financial services, providing innovative solutions that meet the evolving needs of the industry. In the coming months, Bankflip will participate in major industry events such as The District, South Summit, and Viva Tech, focusing on expanding its network of customers and investors. With a solid foundation and a clear vision for the future, Bankflip is poised to make a significant impact in the global fintech industry.

Seoul Meta Week 2022 introduces a novel platform to create a blockchain-based ecosystem with collective values. Experts, creators, NFT artists & collectors will gather from across the globe to share their knowledge on the latest trends related to the metaverse, NFTs, Web3 and blockchain technology.

Nordic FinTech Week 2022 will bring together the most influential founders and visionary companies, to elevate the unique talent, mindset and innovation that are simplifying finance globally, as well as providing an industry outlook on the latest trends and developments.