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Venturetec Announced as a Sponsor for Citi Mobile Challenge Asia Pacific 2015

Announcement posted by Venturetec 28 Aug 2015

Events to be held in Bangalore, Hong Kong, Singapore, and Sydney

Sydney — Venturetec today announced it will help sponsor the Citi® Mobile Challenge in Asia Pacific.  Citi Mobile Challenge is a virtual competition that invites developers from around the world to present innovative solutions based on Citi’s digital platform. Registration for the Challenge is open through September 2, and selected participants will demonstrate their concepts at events in Bangalore, Hong Kong, Singapore, and Sydney.  Finalists compete for an opportunity to take their technologies into production with Citi’s support, plus a share of USD $100,000 in cash awards and a suite of services from Citi Mobile Challenge sponsors.

Citi Mobile Challenge in Asia Pacific follows successful launches in EMEA earlier this year and in Latin America and the U.S. in 2014. Across the three programs, Citi received nearly 2,000 submissions from more than 100 countries and hosted events in Buenos Aires, Bogotá, Silicon Valley, New York, Miami, Nairobi, Jerusalem, Warsaw and London. Citi is currently working with several top innovations from previous Challenges to launch pilot solutions for consumer and business clients in various markets.

“Citi continues to demonstrate its innovation leadership and support of FinTech ecosystems globally, and Venturetec is proud to be associated with this initiative,” said Trey Zagante, Founder & Managing Partner of Venturetec.  “The Citi Mobile Challenge is an exciting opportunity for FinTech startups in Asia Pacific and we encourage them to enter the competition for the opportunity to showcase their solutions on a global scale.”

“Citi is excited to team up with Venturetec and other leading technology firms to deliver more value to developers through Citi Mobile Challenge and fuel digital progress in the industry,” said Jorge Ruiz, Digital Acceleration Global Program Head. “Through Citi’s Digital Acceleration initiative and collaboration with leading companies we are building a unique global FinTech ecosystem.”

For more information about Citi Mobile Challenge, visit www.citimobilechallenge.com and follow along on social media: #CitiMobileChallenge.

About Venturetec

Venturetec is an Asia Pacific based investment and advisory firm operating across Australia, Singapore and Hong Kong.  Venturetec is the only seed fund and accelerator program that invests exclusively in early-stage enterprise technology startups in Asia Pacific.  Venturetec also provides corporate innovation and venturing advisory services to large enterprise and government clients across the region.

Media Contacts:
Venturetec: contact@venturetecgroup.com and www.venturetecaccelerator.com
Citi: Deirdre Leahy, deirdre.leahy@citi.com and +1 (212) 559-3296
Citi: James Griffiths james.a.griffiths@citi.com  (852) 2868 7668

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