TechChill focuses on finance technologies and creating communes

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Startup and technology conference TechChill Baltics, which will take place for the fifth year and will gather about 500 technology enterprise representatives and enthusiasts from the region, will focus on business development, growth and strenghtening the startup communes. In collaboration with Twino, a peer to peer lending platform, the conferences paneldiscussion will focus on new companies from the field of finance technology, also known as fintech, taking in account the fields rapid growth and potential in Baltic startup commune development.

TechChill Baltics Fintech paneldiscussion will gather such people as Nilan Peiris, the vice-president of growth of the international money transfer platform, Mārtiņš Bērziņš, co-founder and CEO of payment application Monea and James Wise, partner of Balderon Capital. Discussion will be moderated by the CEO of Twino Jevgeņijs Kazaņins. During the discussion the participants will share their experience on how profitable it is to create a startup in the Baltics region, what are the disadvantages and what has be done to promote finance technology innovations in the region.

“Innovative finance service, also known as FinTech field is quickly advancing worldwide. FinTech solutions created in Baltic are already successfully competing in the global market. We have a lot of advantages that would allow us to become the European innovative finance service technology center – knowledge, people with experience in the finance field and infrastructure. I urge to join the discussion about the growing role of the field, for Riga to become not only the FinTech center for Baltics, but also the whole Europe, whilst effectively using all opportunities and attracting capital flow,” emphasizes Jevgeņijs Kazaņins.

Finance technology startups in Baltics experiences rapid growth partly thanks to the Estonian money transfer platforms TransferWise successful example, which has earned recognition and is believed to be one of the biggest success stories in the recent years. Startup experts and investors have repeateldy emphasized the Baltics potential in the finance technology field, which is being reflected in the created fintech companies who have, in the recent years, successfully developed and attracted customers. In the startup mastercalss TechHub Academy, which will take a day before the TechChill conference and give a chance to fight for the title of the years best startup. Two from 10 businesses, which withstood the competition of 50 teams, will represent the finance technology field.

TechChill Baltics 2016

Startup and technology conference TechChill Baltics 2016 will take place in Riga and in just a week will gather about 500 participants, including new entrepreneurs, technology enthusiasts, international investors and media. The speakers include Bart Lorang (USA), the founder and CEO of FullContact, which bought the Latvian success story Cobook about two years ago, Aape Pohjavirta (Finland), education and mobile technology expert and the founderof Funzi, Ross Kingsland (UK), mentor of VirginStartup, as well as others. The full list of speakers and programme can be seen at www.tcbaltics.com.

About Twino

Twino is a peer to peer lending platform founded in 2015 and is the first establishment in European credit market which offers loans with repurchase guarantee, therefore averting investor risks. All of the loans available on the platform TWINO are issued and operated by an international leader in finance innovations – FINABAY, which has successfully operated with loaning its monetary resources since 2009 and has supplied loans worth more than 150 million euros.

TechChill Baltics 2016 partners are Twino, Financial development institution Altum, Monea, Microsoft, TestDevLab, LIVE Riga and the Israeli Embassy. The strategic contributor is Lattelecom. The supporters are Voog, Hump, AurumIT, Taxify, Dizaina studija WIG, Comedy Latvia, LatBAN, Practica Capital, BlueBacon, Lielbritānijas vēstniecība Latvijā, UKTI Latvija and Coffee Inn.

TechChill Baltics 2016 is being organized by foundation TechHub Riga, the first and biggest IT and technology co-working space. The strategic partner of TechHub Riga is Lattelecom. In order to promote the potential of Latvian digital development Lattelecom is already technically supporting TechHub Riga by providing optical internet in the premises at Kaļķu street 12. Lattelecom generates and introduces innovations to maintain its leading position in the industry and provide its customers with modern life opportunities. The main sponsor of TechHub Riga is Rietumu banka.

Contacts for media:
Līva Pērkone
TechChill Baltics 2016
Mob. Phone: +371 27137307
E-mail: liva@ethos.lv

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