The Society for Worldwide Interbank Financial Telecommunication's initiative for collaborative innovation,
The contest is open to startups and growth-stage companies established within the last three years that aim to provide innovative offerings to the financial services industry. To participate startups must have a working prototype and less than $1 million in revenue or investment, while growth-stage companies must debut products that have yet to be publicly announced.
Innotribe will showcase contest entrants at events to take place in London in April, Singapore in May and New York in June. At each event industry professional judges will pick five finalists that will then present their offerings at Sibos, Swift's annual conference.
PlayMoolah, an online
Swift is based in Brussels and owned by member banks.