Benefits of Fintech Challenge

Through the FinTech Challenge Pitch Competition, early-stage companies will have the opportunity to gain pivotal exposure to stakeholders, market leaders, and influencers in the finance, banking and insurance services market. Each application will be reviewed by members of the Fintech Challenge Review Committee to ensure teams meet the stated eligibility guidelines. Finalists from each "challenge statement category" will be asked to present their concept as a part of the Fintech Challenge Pitch Competition during the Detroit Fintech Challenge weekend. Finalists will receive real-time and written feedback from industry expert judges, who will contribute valuable fintech industry insights, ideas, and experiences. Additionally, cash and non-cash prizes will be announced in the coming weeks!

Prizes:

Investment

One lucky company will be awarded up to a $50,000 equity investment from Kyyba Innovations **Companies are eligible provided that they meet the terms set forth by Kyyba Innovations, pass a due diligence process, and are a licensed LLC.

Cash prizes

1st place will receive $3,000

2nd place will receive $2,000

**The website will be updated on an ongoing basis with additional partners, prizes, and in-kind support services from sponsors.

Services

Varnum LLP will award MiSpringboard grants ($5,000 in legal services) to existing Michigan teams participating the Detroit Fintech Challenge 2018. Learn more here.