Out of the 2.000 applications from 100 regions and countries, IPification, led by a Serbian team of developers, was selected in the Top 10 finalist at the world-famous competition Jumpstarter 2021, funded by one of Hong Kong’s most successful corporations, Alibaba.
This contest gives IPification an opportunity to vie for two top prizes of up to 4 million USD each at the grand finale of the JUMPSTARTER 2021 competition.
IPification CEO, Stefan Kostić, pointed out that he was very honored that Ipification was recognized as a solution that will revolutionizes mobile authentication and user experience without compromising security and privacy.
“Entering in the top 10 finalists is a confirmation of the invested effort and work. We succeeded because we worked as a team, and we hope to win the main award, which will give us the additional motivation to dream big and enter bigger markets“, said Kostic.
The top 10 startups, who cut through the rigorous selection process, were judged on innovation, market potential, capacity for development, their teams’ background, and strength.
After winning the local competition in Serbia at the Elevator Lab challenge, IPification won the award for the best, most innovative FinTech solution at the regional level.