BNP Paribas signs alliance with NXTP Labs
BNP Paribas announces a partnership with NXTP Labs, the most active technology investment fund in Latin America. The purpose of this collaboration is to reaffirm the bank’s commitment to innovation, be at the forefront of the latest industry trends and generate better investment opportunities for its clients.
Through NXTP Labs’ Fintech Regional Acceleration Program, BNP Paribas will be able to connect with more than 40 accelerated startups each year in Latin America to be at the forefront of the latest industry trends and to explore concrete integration opportunities with innovative companies at an early stage.
“As a financial institution, we are embracing technological change to keep up with the rapid evolution of business. Therefore, at BNP Paribas we are committed to generating the best solutions and alternatives for our clients through the development of alliances that connect companies with the experience, information and relationship with clients” said Jorge Valderrama, Country Head of BNP Paribas Colombia.
This alliance is signed within the framework of BNP Paribas’ global innovation strategy, with which they seek to leverage the fulfillment of their objective of anticipating changes and transforming them into opportunities for their clients.
“NXTP Labs is a bridge for large corporations such as BNP Paribas to connect with startups, promoting the exchange of good work practices, transfer of bi-directional knowledge and exploration of concrete business and investment opportunities, with the objective of innovating in industries as traditional as financial”, commented Catalina Gutiérrez, Operations Manager of NXTP Labs in Colombia. “We believe that the transformation potential of fintech is not in the technology, it is in its focus on the client and that is why it makes sense alliances between banks and startups”.