Citi Bank Announces $100K FinTech Competitions

February 24, 2015 | The international bank Citi Bank is calling on Israeli developers to take part in a competition to build the most successful fin-tech (financial tech) application. The winner of the competition will be announced in Jerusalem in April and the winners of the prize will be awarded $100,000. In addition, they will receive exclusive access to existing Citi financial technologies, with the potential to become the provider of Citi Bank’s global banking technology. A similar competition will be held in the United States, Kenya, Britain, and Polin, along with Israel. The company will be holding demo days in each of the locations for the contestants.