Nesta Chooses 20 FinTechs For SME Banking Competition
PYMNTS
JULY 20, 2017
Innovation foundation Nesta has announced the 20 FinTechs chosen to compete for a $6.5 million prize as the company looks to boost innovation in the small business banking space. As part of its Open Up Challenge, announced in February, Nesta called for FinTechs that are using APIs to disrupt small business banking. The 20 chosen companies will compete for the prize money used to develop next-generation services and apps for U.K. small businesses, Nesta explained, adding that each of the 20 firms
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