Fintech Venture Day, Tel-Aviv: PayKey wins Pitch Slam

The Israeli fintech community never disappoints. Yesterday’s Fintech Venture Day in Tel-Aviv gathered great feedback from delegates, contestants and speakers alike.

The main business of the day, the Pitch Slam was hotly contested. PayKey emerged as winners after overcoming tough competition from Credible, SplitIt, Neema and IamReal. Daniel Peled, CEO and co-founder of PayKey is seen collecting his trophy from the sponsors.

The solutions presented covered secure mobile payment management, identity verification, virtual currency bank accounts, multi-lender marketplaces and payment instalment plans.

All the participants benefitted from the experience of pitching to a knowledgeable local audience and a group of expert judges. As the winner, PayKey now gets to benefit from the expertise and resources on offer from the three sponsors of Fintech Venture Days.

Before the Pitch Slam, the audience of local fintech entrepreneurs, investors and technology experts joined in a discussion about the state of fintech evolution and the journey to fintech 2.0.

Mariano put forward the view that banks and fintechs need to collaborate to help each other and their customers. Collaboration is a core principle for our fund. Our colleague Rodrigo Kuri, Head of Santander Bank’s Bank of the Future was able to illustrate the point with examples of collaboration in practice within the bank. A local perspective was added by Jacob Benadina who leads Accenture in Israel, while Juan Jose Guemes of IE Business School outlined a host of considerations which the 400 Israeli fintech startups should consider.

With a successful Tel-Aviv event completed we are already looking forward to the next Fintech Venture Day in Madrid, 14th April. If you are a Spanish fintech and want to compete, and of course to meet the team and discuss your startup, then sign up here.

In our picture above from left to right we have: Jacob Benadiba (Country Managing Director – Accenture Israel), Mariano Belinky (Managing Partner – Santander InnoVentures), Daniel Peled (CEO and Co-Founder – PayKey) and Juan José Güemes (Chairman, Entrepreneurship and Innovation Center – IE Business School).