Prague’s fintech cluster brings together startups, banks, and universities to drive innovation in digital payments, cybersecurity, and open banking. Initiatives like the Czech Fintech Association provide networking and advocacy for fintech firms. Prague has attracted fintech companies such as Twisto and Dateio, making it a key player in Central Europe’s fintech landscape.
Programs like the CzechInvest Women’s Startup Accelerator ensure that women entrepreneurs in fintech have access to mentoring and capital. Other CEE cities with established financial sectors can replicate Prague’s cluster approach by creating fintech-focused industry associations.
Prague organizes regular fintech meetups that bring together investors, startups, and policymakers to address challenges and explore new opportunities. Topics include funding, cybersecurity, and cross-border collaboration. These meetups have facilitated partnerships and reinvestment in the region’s fintech sector. CEE cities can use meetups as a low-cost yet effective tool to strengthen relationships between stakeholders and foster a sense of community among fintech players.
