Cloudasset, a Helsinki based Fintech company, competed in Worldline’s E-Payments...

Worldline, the European leader in the payment and transactional services industry, hosted a three-day Worldline E-Payments Challenge hackathon from 17th-19th September in Frankfurt...

Cloudasset, a Helsinki based Fintech company, competed in Worldline’s E-Payments Challenge beside 26 Fintechs from around Europe. Cloudasset was awarded the most number of awards per company in the Worldline E-Payments Challenge this year including the Worldline’s Grand Prix Special Prize

FINLAND, HELSINKI Sep 23, 2019

Worldline, the European leader in the payment and transactional services industry, hosted a three-day Worldline E-Payments Challenge hackathon from 17th-19th September in Frankfurt, Germany. The challenge presented an outstanding opportunity to co-create the future of payments with some 150 participants from Fintech start-ups, Worldline experts and leading enterprises across Europe such as BNP Paribas, E5mode, Accor hotels, OP Financial Group, Conduent, Erste Group, Market Pay Commerzbank and others. Top 26 EU based Fintech’s were selected from amongst hundreds of initial candidates within the European Fintech community. The finalists were given a unique opportunity to engage and innovate the next chapter of the e-payments arena currently taking shape.

The hackathon consisted of 16 customer challenges from different industries and markets. Each Fintech could participate in a maximum of three challenges, with the challenge setting customer and jury deciding the winner in each challenge. P3 platform, Cloudasset’s digital payment platform, won the award for “In-Store Instant Cards Issuing In-App” challenge set by BNP Paribas, for a Co-branded App allowing instant credit card issuing. Combined with a mega retailer’s loyalty program schemes and Cloudasset’s mWallet, the solution delivers a new technological edge to consumers and businesses around Europe. P3 also won the award in the “Try Now Buy Later” challenge set by E5-mode, a fashion retailer looking to offer more to its customers by providing them a carefree consumer experience during their in-store and online buying process. On top of the two category wins, the organisers also presented Cloudasset a Grand Prix special prize for overall performance and future potential.

Hassan Malik, CEO of Cloudasset commented, “We were delighted to have been chosen to participate in the Worldline challenge. The team worked extremely hard and we are very happy that our efforts met with such success. We look forward to deepening our partnership with Worldline for the company's growth and globalisation effort.”


About CloudAsset

Cloudasset is a Finland based Technology Innovator that develops Global Platforms for Digital Payments, Space and AI Technologies to address the challenges of today’s digital economy.

P3 by Cloudasset is a Fintech platform for realtime flow of funds and financial services for digital societies, painlessly connecting consumers, merchants & financial institutions. P3 offers a comprehensive platform with a suite of tools and services, enabling institutions to quickly set up state-of-the-art payments ecosystems which include payment acceptance & processing, issuance, payment instruments and digital merchant solutions for a variety of business types and market requirements.