Applications for the 90-day program opened in May, with local fintech and insurtech start-ups being offered the opportunity to test and validate their ideas and gain access to mentors, designers, data/APIs and experts across technology and business.
The selection process started with more than 50 starts-ups applying for the opportunity to participate. A shortlist of seven pitched their ideas to a panel of representatives from the business, with the best two being selected for the program.
The two winners are:
- Eggy: A life admin app for consumers. The app manages, stores and retrieves life admin documents, and can automatically add information to the user’s calendar (e.g. insurance renewal dates).
- Paypa Plane: “The future of recurring payments.” Paypa Plane links customer accounts and business accounts through a payment request and agreement flow (e.g. recurring gym payments). It manages recurring payments for small businesses and reduces friction in the customer relationship.