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StartUp The Bank Rocket

Startups that transform Polish banking

Did you know that…


Key findings

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<hlgblue>7</hlgblue><hsmgray>out of</hsmgray><hlggray>10</hlggray><hblack>companies</hblack>

Startups in Poland are increasingly able and willing to work with large financial institutions, even if they are not classic fintechs: 7 out of 10 companies surveyed by us already have contracts with corporations in this industry.

<hlgblue>43</hlgblue><hblack>%</hblack>
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Most technology companies in the initial phase of a business relationship focus on quality, not quantity: hence 43% of them have a maximum of 3 clients from the financial industry.

<hlgblue>70</hlgblue><hsmgray>%</hsmgray><hblack>of pilots</hblack>
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How do you "break into" a bank? The most effective way is through piloting and testing. Over 70% of pilots between startups and banks result in new business deals.

<hsmgray>one in</hsmgray><hlgblue>4</hlgblue><hblack>young companies</hblack>

At the same time, one in four young companies gain major partners through participating in acceleration programs. Innovation teams are also key. They are partners to 70 percent of the companies surveyed by us, cooperating with banks.

<hlgblue>70</hlgblue><hsmgray>%</hsmgray><hblack>of pilots</hblack>
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How do you "break into" a bank? The most effective way is through piloting and testing. Over 70% of pilots between startups and banks result in new business deals.

<hsmgray>one in</hsmgray><hlgblue>4</hlgblue><hblack>young companies</hblack>

At the same time, one in four young companies gain major partners through participating in acceleration programs. Innovation teams are also key. They are partners to 70 percent of the companies surveyed by us, cooperating with banks.

What experts say…


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Global expansion – a challenge for Polish startups

Michał Kramarz Google for Startups

Everyone is talking about the “very high potential” of Central and Eastern Europe, noting that Poland has a powerful position there.

Global expansion – a challenge for Polish startups

Michał Kramarz
Google for Startups

Venture Building, a common language for banks and innovators

Bartosz Sawicki
The Heart

Cloud solutions in the Polish startup ecosystem

Michał Potoczek
Domestic Cloud Provider (OChK)

CVCs set to conquer Poland

Radosław Kwiatkowski
PKO VC

Hungry for innovation and open to startups

Joanna Misiewicz
PKO Bank Polski

Przemek Kondraciuk
PKO Bank Polski

Towards better law

Piotr Brewiński
Fintech Poland

Paweł Widawski
Fintech Poland

What startups say…


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Revolution is driving itself

Autenti is like a dinosaur of the fintech world.
We were indeed established in 2012 before the fintech boom in Poland. Autenti’s founder and originator is Grzegorz Wójcik whom I have...
Tomasz Plata

Playing the innovation game together

There are several technology companies in your group, including Carrotspot. Why have you decided to use technology for HR in this case?
As with most startups, it was a bit of a coincidence. When a young technology business is first starting out, its primary task is to...
Anna Streżyńska

With innovations, it is better to apologise than ask permission

Usually, before a startup solution wins the approval of a large client, its authors have to work up a good sweat. But in your case, everything went like clockwork.
Yes, in a sense. Although while working with the Polish financial industry, for example, we are starting to realise that the...
Maja Schaefer

Startup wishlist


10 tips from startups to banks on how to work together and improve collaboration

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Founder’s tips


5 tips for startups who want to work with banks

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Check 100 startups that transform Polish banking

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See more

Authors


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Chmura Krajowa logo
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