Members of the Czech Fintech Association successfully showcased their products at the prestigious international conference, Money20/20, which recently took place in Amsterdam. Fintech companies under the association’s patronage achieved significant success and introduced their innovative solutions that are revolutionizing the financial industry.
Money20/20 is one of the most prominent conferences that brings together leading experts from the fintech, banking, and innovative payment solutions sectors. This event attracts a substantial number of influential stakeholders from around the world and provides a unique platform for knowledge sharing and business networking. The participation of Czech fintech representatives added to the overall appeal of the conference.
Czech Fintech at Money 20/20
One of the Czech representatives is Dateio, a company enabling more than 600 merchants to reach millions of customers through personalized offers in banking apps. Dateio’s products and services are based on the enrichment of transactional data using complex algorithms and machine learning. This enriched payment data helps more than 30 banks and fintechs globally to improve the user experience, educate clients and connect the dots for data analysts.
Last year alone, Dateio expanded into 5 new markets, established 15 new partnerships with banks, and doubled revenues for both its products. Fintech has received accolades such as the Deloitte Technology FAST 50 CE and FT 1000 – Europe’s fastest growing company 2021 awards.
“Money 20/20 is a key annual event for us. We consider it to be the best conference in Europe, providing us with the opportunity to connect with the global fintech community and become an integral part of it. The support of the Czech Fintech Association allowed us to have a kiosk at the conference, which greatly enhanced our brand presence and had a real positive business impact,” commented Co-Founder & COO Dateio Ivan Dovica.
Another company, Wultra, offers modern authentication for financial applications. It serves as a guardian of digital finances by providing easily deployable authentication solutions that help banks and fintech companies secure their digital applications. Solutions with open-source code, suitable for developers, can be implemented within weeks, not months. Wultra is 100 per cent compliant with PSD2 regulations and fulfills requirements for strong customer authentication (SCA) and dynamic linking.