OTP LAB is OTP Bank’s innovation hub, where our expert colleagues, startups, businesses based on innovative technology and educational institutions are working together on developing the banking products and services of the future.
What partners are we looking for?
- Financial technology startups
Innovative micro-businesses are assisted through the involvement of banking managers and skilled coaches. If capital investment is required to achieve their goals, the PortfoLion Venture Capital Fund, a member of the OTP Group, may help.
- Technology companies with fully-developed products and established clientele
We are open to establishing supplier or other strategic partnerships with innovative firms.
- Employees who have new ideas and suggestions
Our co-workers can share their innovative suggestions concerning banking products and services within the framework of the OTP LAB Idea Competition. Employees can develop and implement the best ideas with the help of our team.
OTP Accelerator Program
Through the program, we help innovative startups achieve their goals with the involvement of professional mentors. During the 12-week intensive period, banking managers and skilled coaches assist the participating firms. At the end of the program, the best startups can establish supplier partnerships with the bank. They may even receive a capital investment to achieve their goals, with the help of PortfoLion Venture Capital Fund, a member of the OTP Group.
Strategic cooperation for businesses
We are open to cooperate with innovative firms by establishing supplier or other strategic partnerships.
What kind of firms should apply?
- Companies developing front-end and customer-centric solutions
- Firms developing banking mid and back-end software
- Businesses manufacturing innovative banking hardware
Supporting the ideas of our employees
Our colleagues can enter an idea competition with their ideas related to the development of existing or new products. Employees can develop and implement the best ideas with the help of our team.
Frequently asked questions
Definitely. If you have an innovative idea and it is ready for testing, get in touch with us via the email@example.com e-mail address.
We are looking for startups which offer opportunities for developing solution to jointly:
- improve customer service and user experience,
- help our colleagues with the optimisation of internal processes, or
- develop new products and services.
Yes. Our bank is currently operating in 9 different countries (Hungary, Slovakia, Croatia, Romania, Bulgaria, Serbia, Ukraine, Russia and Montenegro). We are looking forward to being contacted by firms dealing with innovative technology from these or other countries.
Firms which have tried and tested products and existing clientele.
Yes, since we are primarily looking for new ideas instead of new partners. If you wish to market new and innovative products or services, we can come help you.
Yes. We also work with educational institutions, student organizations, industry associations and other organizations. If you are working at places like this, feel free to get in touch.
Send a message to the firstname.lastname@example.org e-mail address.