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Clair Challenor-Chadwick, founder of Cause UK is working with Railsbank, one of the 50th hottest Fintech companies in Europe and winners of the Paris Fintech Forum start-up pitch 2017. She…
Clair Challenor-Chadwick, founder of Cause UK is working with Railsbank, one of the 50th hottest Fintech companies in Europe and winners of the Paris Fintech Forum start-up pitch 2017.
She is organising and promoting #OpenBankHack17, a 48 hour hackathon, at Rainmaking Loft 10-12 November 2017. 100 hackers from across the UK and Europe will be tasked with building a challenger bank during the course of the weekend.
Clair is particularly keen to encourage women coders to sign up to the event and promote women in coding generally. Clair said “it is a fantastic industry for women to work in we want to encourage women to take part.”
She is working with old friends and banking entrepreneurs Nigel Verdon, CEO, and Clive Mitchell, COO, who are co-founders of FinTech platform Railsbank, a global open banking and compliance platform, which provides companies access to global transaction banking with 5 lines of code.
The 48-hour Hackathon is aimed at developers and future FinTech entrepreneurs, and is designed to create innovative banking services on the Railsbank Open Banking API.
Nigel Verdon said: “We have 70 people registered so far and we are encouraging more teams to sign up. If you’re keen to be creative and push the boundaries of what can be built using Open Banking APIs, and want to build the next generation of innovative banking and compliance services then #OpenBankHack17 is for you. The Hackathon will bring together professionals, recruiters, students and industry experts, who are passionate about FinTech and building the future of financial services.”
Railsbank CTO Adam McGreggor, will be leading the judging panel, which also includes Erica Young, Director, Anthemis Group; Richard Hall, Founder and CEO, CloudOrigin; Megan Caywood, Chief Platform Officer, Starling Bank; Gregoire Michael, Program Manager, Tech City UK; and, Alexa Fernandez, FinTech Partnerships, BBVA.
Skills Matter, which brings developers together to learn and share new skills, is a key partner to the event. Director, Simon Lyon commented: “we are very much looking forward to #OpenBankHack17. It will be fascinating to see how compliance is maintained and seeing developers demonstrate how quickly and simply global banking services can be accessed via the Railsbank Open Banking API, such as client on-boarding, account opening, credit and currency transactions.”
Nigel Verdon said, “The Hackathon challenges will be based around building a challenger bank in a weekend and taking compliance from the world of paper into the world of digital. We are encouraging a mix of skilled professionals and students to take part. Hacker teams have entered from Oracle and Western Union, as well as student teams from the Birmingham based School of Code as well as the University of Hertfordshire.”
#OpenBankHack17 sponsors include ComplyAdvantage, Vacuum Labs, Fintech Start Up Boot Camp, Fintech Connect Live, Starling Bank and IO Recruitment.
At the end of the hack there will be cash prizes for the best technical and business solutions, including £750 for Best Overall Solution, £500 for Best Technical Solution and £500 for Best Pitch.
The Hackathon takes place at Rainmaking Loft, 10-12 November 2017, Startupbootcamp FinTech, International House, 1 St. Katharine’s Way, London, E1W 1UN.
For event and media enquiries contact Clair, 07531948014, clair@causeuk.com
About Railsbank
To register to Hack go to https://www.railsbank.com/openbankhack17
Founded by serial entrepreneurs and FinTech veterans Nigel Verdon and Clive Mitchell, Railsbank turbo-charges the scaling of businesses by massively reducing the time and complexity of opening bank accounts, streamlining technical integration with banks, enhancing banking functionality with core Railsbank services; and enabling both parties to have a trusted compliance relationship.
Awarded the FinTech50 2017, winners of the Simmons & Simmons FinTech Fund in 2016 and Startup Pitch winners at Paris FinTech Forum 2017, Railsbank was also the “Startup-in-Residence” for the 2016 Startupbootcamp FinTech 2016 Cohort.
Explainer video https://youtu.be/Zg56y3XBcXs https://www.railsbank.com/ @railsbank
Picture shows; The Railsbank team. Photo credit Allan Jenkins