B-Hive launches presence in New York

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PRESS RELEASE

The New York hub will build a bridge between Europe and the Americas for FinTech scale-ups, the corporate & public partners within the ecosystem. 

NEW YORK, NY – October 13, 2017 – B-Hive, an innovative collaboration platform connecting financial services players and FinTech startups & scale-ups, has officially opened the doors of its hub in New York City. Along with our community, B-Hive hosted its sold-out launch event at the BNY Mellon offices in New York City’s Financial District on Thursday 12th October.

Following the successful launches in London and Tel Aviv, B-Hive New York aims to build a bridge between Europe and the Americas. Working with American-based players as well as EU-based participants makes our partners and members stronger through collaboration and further innovation.

New York was a clear choice for B-Hive’s latest hub location, as the city is a powerhouse in the financial services and technology industries. In addition, American companies looking to expand in Europe can leverage B-Hive’s platform that provides both support and guidance through its wide partner network —ranging from traditional financial actors to dynamic startups and government decision makers.

Fabian Vandenreydt, Executive Chairman of B-Hive, said, “New York is the heart of American financial services. And Brussels boasts a vibrant European financial center, as it is a historically strong place for market infrastructure players, insurers and banks. Even today, with many EU institutions housed in Brussels, having that close proximity facilitates open dialogue and encourages further innovation and collaboration in the EU. B-Hive is thrilled to facilitate this bridge between the two regions, as it is important to collaborate in this industry and further foster internationalization in the tech-for-fin ecosystems.”

Jo Van de Velde, Managing Director - Global head of Strategy, Product & Innovation Euroclear, said: “Congratulations to B-Hive on the official launch of their operations in New York. We believe in the strength of Belgium as a global financial center and in the value of strong connections with the Americas and other centers of innovation in the financial market.   As a neutral market infrastructure with a long track record of providing high quality, reliable and respected services, our mission is to take risk out of the financial market through our open model. Collaboration and exploring new business models is an integral part of Euroclear’s strategy. B-Hive’s launch in New York shows that it is becoming the strong global network that opens opportunities across borders and allows established corporations like Euroclear to support those that will help determine the future of our business. We will be celebrating our 50th anniversary next year and we look forward to discovering new ideas and technology that will take our business into the future.”  

Matt Joseph, Head of the BNY Mellon Jersey City Innovation Center, “We are excited to work together with dynamic groups like the B-Hive community that share the same goal we do- to help drive innovation and digitization in the financial services industry.  BNY Mellon strongly believes in partnerships and collaboration, and we look forward to teaming up on creating new opportunities and developing solutions that meet client needs. We are a proud member of the B-Hive community and are happy to celebrate their Transatlantic movement in helping to foster creativity between the growing European and American members.”

B-Hive would like to thank its partners & members for the continuous support and enthusiasm in activating the platform. We want to thank FIT for its global partnership in particular.

B-Hive is also exhibiting at stand B03 during Sibos 2017 Toronto from October 16-19. Executive Chairman Fabian Vandenreydt will also be speaking on Wednesday, October 18, from 12:45-1:45 pm about Fintech Hubs in the EMEA region, as well as on Thursday, October 19, from 12:15-12:45 pm about KYC and data privacy. Managing Partner Assaf Egozi will speak on cyberhive You can find the full agenda at b-hive.eu/sibos2017.

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About B-Hive

B-Hive is a European collaborative innovation fintech platform that brings together major banks, insurers and market infrastructure players. Together, we work on common innovation challenges and build bridges to the start-up and scale-up community. We aim to put Brussels on the map as the smart gateway to Europe and leverage on the opportunities offered by the digital transformation for the financial services industry. We believe that building bridges between important fintech hubs and the Eurozone enables both European and non-European companies to grow and expand.

 

Contact details on behalf of B-Hive:

Samuel Barber, Cognito – international relationships

Samuel.Barber@cognitomedia.com

Pieter Jan Crombez – National BE relationships

PieterJan.Crombez@finnpr.com

Ali Colwell – B-Hive press responsible

ali.colwell@b-hive.eu