Approximately 500 participants, including BBVA companies, investors, funds and partners, came together for the new issue of the BBVA Open Summit, where the bank hosted the innovation and entrepreneurship ecosystem. BBVA President Carlos Torres Vila visited the conference where he learned the transformative proposals of the participating companies and reminded the good times for entrepreneurship in Spain. “We want to be the bank of companies that determine the future,” said Torres Vila.
BBVA Open Summit has reopened its doors after two years due to the pandemic. Its fifth edition focused on innovative technology-based companies that have helped. drive digitization and Sustainability. “Innovation has been and has been the key leverage for BBVA for many years to make customers’ lives easier. “Open Summit enables us to connect the bank’s own talent with external talent, thereby changing the value proposition and improving the experience for customers in any industry.” peio belausteguigoitiaResponsible for BBVA Spain, at the opening of the meeting.
Belausteguigoitia highlighted the relevance of Spanish entrepreneurs with whom BBVA collaborates closely in all kinds of fields, such as: digital customer service, develop financial health solutions or integrate third-party services into your financial offering. This is the case with companies such as Trucksters with BBVA’s logistics services to SMEs who want to internationalize their business as an added value that complements the bank’s financial services, or Usyncro with its customs management solution. Another example of collaboration highlighted at the opening of the event is the use of Sentimer’s artificial intelligence tools in the bank’s digital channels. improved processes such as registration of new customersIt allows you to complete more registrations and lower process abandonment rates.
“We want to be close to these innovative companies and play the role of a bank accompanying them in the medium and long term,” said Belausteguigoitia.
In the demo area of the event they collected about 30 attemptsSome of the companies that BBVA has joined, such as Wiserentr, with its ‘rental’ model for consumer electronics; Cledara, which facilitates the management of company software subscriptions, or Veridas, a company specializing in biometric technologies. Others, selected by the bank as having a strategic value proposition, joined others, such as Submer with solutions to increase the energy efficiency of data centers, or Paack, with its traceable service to improve e-commerce deliveries.
Carlos Torres-VilaThe BBVA President met with some at the end of the day and highlighted the essential role that entrepreneurs play not only in creating jobs and wealth, but also as an essential part of facing the great challenges of the future. decarbonising the economy or the unstoppable digitization of society. “These challenges require innovation and investment,” said the BBVA president. “live” The moment the Spanish entrepreneurship ecosystem went through.
Torres Vila recalled the success of BBVA in investing in innovative financial services companies and said, “At BBVA, we want to take advantage of the opportunities arising from all these innovations.” Sinovation Ventures, a Chinese fund with more than 400 companies focused on portfolio or artificial intelligence; or new contributions to Leadwind or Lowercarbon funds.
However, BBVA will go one step beyond investments to become the bank of companies that determine the future. new financial services offer adapted to these innovative technology-based companies. “Our aim is to provide solutions and products that meet the needs of fast-growing companies,” said Carlos Torres Vila.
BBVA will continue to work to be close to the innovation ecosystem with events such as the 2022 Open Summit. The meeting closed its doors by realizing its goal of inspiring entrepreneurs to create new, sustainable and inclusive futures powered by technology and innovation.