The OTP Digital Fund is seeking promising early stage companies in fintech and digital technologies from the CEE region. The ideal candidate has already found product-market fit and is raising funds for business model validation, product improvement and business development.
As part of the digital strategy of OTP Group, the Fund was established in 2017 with EUR 6.5 million in share capital. The aim of investments (or co-investments) is to obtain minority stakes in digital technology related companies who have significant growth potential and who can become significant players in the digital transformation of the European financial markets. Preferred industries and technologies include e-commerce, blockchain, big data, IT infrastructure, financial software, AI and machine learning.
PortfoLion provides to the chosen startups, besides the financial support (in the range of EUR 100k to 1 million which might be wider in specific cases), professional knowledge, industry connections and a unique opportunity for collaboration with the OTP Group and its regional subsidiaries.