• Contact
  • Feedback
Banking Day
  • News
  • Topics
    • All Topics
    • Briefs
    • Major Banks
    • Authorised deposit-taking institutions
    • Insurance, funds and super
    • Payments, mobile & wallets
    • Consumer lending
    • Mortgages
    • Business lending
    • Finance regulation
    • Debt capital markets
    • Ratings agencies
    • Equity capital markets
    • Professional services
    • Work & career
    • Foreign news
    • Other topics
  • Free Trial
  • Subscribe
  • Resources
    • Industry events
  • About us
    • About Banking Day
    • Advertise
    • Feedback
    • Contact Banking Day
  • Search
  • Login
  • My account
    • Account settings
    • User Admin
    • Logout

Login or request a free trial

Citi Mobile Challenge brings out the fintechs

11 November 2015 4:57PM
Seventeen fintech start-ups strutted their stuff at the Citi Mobile Challenge Demo Day in Sydney yesterday, hoping to interest a panel of judges in everything from collaborative work platforms to intuitive investment apps.Citi has run CMCs before but this is the first one convened in Asia. Events are running at the same time in Singapore, Hong Kong, Bengaluru and Sydney.Four winners will share a $100,000 prize and have the opportunity to work with Citi on the development of their projects.Citi managing director of global digital acceleration and global head of mobile channel, Jorge Ruiz, was in Sydney for the event. He said the bank did not have any agenda or wishlist when it whittled down the 1900 registrations."We prefer to go broad. New things come through when you are open," Ruiz said.Citi managing director and global head of digital marketing, social and social content, Linda Duncombe, said a lot of the focus of fintech developers in recent years has been on payments but there was a strong investment theme at the Sydney event."The new thing is making wealth simpler," Duncombe said.The winners will be announced later in the year.

I'm a returning subscriber

*
Password reset *
Login

Request a free trial

  • Emailing you the news at 7am.
  • Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more.
  • Original news and summaries of major stories from other media – ditch your newspaper subscriptions.
  • Focused on banking and finance, saving you the time spent wading through newspapers and other services.
  • With reporting from former editors and senior writers from the AFR and The Australian.
  • Configured for your phone, laptop and PC.
Free trial Banking Day

Consumer lending

  • Latitude, Harvey Norman liable for interest free GO card con

Copyright © WorkDay Media 2003-2025.

Banking Day is a WorkDay Media publication

WorkDay Media Unit Trust

  • Privacy policy
  • Terms of access and use