In total, 91 teams from 19 countries took part in the challenge, using a sandbox environment that ran on AWS and a set of shared APIs provided by the banks, including a combination of open banking, open finance, and experimental services.
The judges picked ValAi as the overall winner for its Greenhouse product, an automated sustainability rating tool and marketplace that provides customers tailored insights for their home.
ValAi founder Allys Todd says: “Our novel product – Greenhouse – puts people at the heart of the global transition to net zero and challenges the finance sector to influence and guide the next phase of our community’s transformational change.”
Three other startups were picked as winners of specific challenge themes:
Each of the winning teams will now have the opportunity to explore working with one or more of the banks to turn their idea into a proof of concept.