Fintech Belgium, supported by B-Hive, was a chance for hundreds of attendees in the fintech space to come together and discuss topics such as collaboration, regulatory compliance, cybersecurity and more.
Opening and Pitch Battle
The event opened with a word from Belgian Cabinet of the Minister of Finance, highlighting the importance of collaboration in financial services and the need to innovate—we couldn’t agree more!
Throughout the day, the Summit included a Pitch Battle among 15 fintech startups and scale-ups—12 of which are B-Hive members—and in the end, there were four winners (B-Hive members in bold):
· Elimity – Startup Winner – Prize of the Jury
· Qover – Scale-up Winner – Prize of the Jury
· Accountable – Startup Winner – Prize of the Public
· LITA.co – Scale-up Winner – Prize of the Public
Congratulations to all of the pitching companies—and even bigger congratulations to the winners!
B-Hive at Fintech Belgium Summit
B-Hive was part of several interesting sessions throughout the event—including a panel on regulation, a session on scaling and a workshop on internationalization.
During the panel on regulation, CEO Wim De Waele mentioned the importance of looking at regulation as an opportunity instead of a threat—the regulatory environment needs to be there in order to help the ecosystem evolve in the right direction. It’s important for fintechs to build a consultative approach so that they know how to use regulation to their advantage, he explained.
Wim went on to give an example that building real knowledge about building GDPR collectively as a region will be a competitive advantage for Europe and will set us apart from the US and Asia. He also highlighted the importance of regtech (powered by AI and data analytics) to help alleviate the cost of compliance.
During a session on scaling, Wim formally announced Scale-Ups.eu in the context of how important it is to have an ecosystem that will provide scale-ups the necessary support they need to scale even faster. We look forward to seeing what Scale-Ups.eu has in store in the coming months!
Executive Chairman Fabian Vandenreydt was also part of sessions during the event—including a panel he moderated on the societal impact of fintech. The key takeaway? Technology is having a growing impact on the financial world with the emergence of cyberattacks.
In addition to these thought-provoking sessions and panels, B-Hive hosted several attendees and our booth and held a workshop on internationalization.
The Belgian Fintech Ecosystem
One of the best aspects of the Summit was the fact that it was a great opportunity for networking within the industry. It was a diverse gathering, as it included corporates, fintechs and regulators, and it was nice to see the ecosystem at play—members and partners meeting at the B-Hive booth, discussions of collaboration opportunities and more.
Thank you to Fintech Belgium for hosting this year’s Summit—we’re happy to have been able to support such an impressive showing of the Belgian fintech and financial services scene.
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