BARCELONA, Spain, Sept. 9, 2020 /PRNewswire-PRWeb/ -- South Summit recently announced the 100 finalists in its Startup Competition, which will participate in South Summit 2020, powered by IE University, and be held in Madrid from October 6th to 8th with a new omni-channel concept, making this event more open, innovative, global and transversal than ever before.
Among the 100 finalist startups in this edition is Reloadly, a Barcelona-based startup that provides airtime and data top-up APIs that connect users to over 650 global mobile operators using a world-first dedicated developer toolkit.
As a South Summit finalist, Reloadly has the opportunity to showcase our project to key actors of the ecosystem, participating in meetings to access corporations and investors in search of innovation and business opportunities, as well as global leaders of the entrepreneurial ecosystem.
A committee made up of renowned investors and innovation experts has been in charge of selecting the 100 finalist startups for this edition based on criteria such as the degree of innovation of the project, the investment potential it may generate, as well as its scalability and/or the internal capacity to grow, and the team of professionals working on it.
Michel Francis, CEO of Reloadly, says that "Reloadly is a startup with global ambitions that enables users of our API to top-up over 5 billion mobile users via a global network of over 650 mobile operators. The first half of 2020, we experienced a 30% MOM growth rate. We are thrilled to have been named among the 100 finalists at South Summit 2020."
The 100 finalist startups, including Reloadly, have been chosen from among 3,800 projects submitted to this year's Startup Competition, of which 75% are startups of international origin from 121 countries.
Of the 100 startups chosen, 30% are from Spain and 70% are international, representing 25 different countries, including the United Kingdom, the United States, Germany, Brazil and Israel, among others.
Within Spain, the finalist startups for South Summit 2020 come mainly from the Community of Madrid (42%), Catalonia (38%) and the Valencian Community (8%).
Regarding the level of development of the South Summit 2020 startups, almost 4 out of 10 projects are in the 'early' phase, 34% have reached the 'growth' level, 29% are in the 'seed' phase and only 1% are in 'concept'. Furthermore, 74% of these startups have already obtained income derived from their business.
Reloadly, Inc.: Reloadly provides an airtime and data top-up API that connects users to over 650 global mobile operators in over 140 countries. We have built the world's first developer toolkit decided to customizing airtime and data top-up APIs, which our customers use to grow businesses in myriad industries, including cryptocurrency, e-wallets, mobile gaming, incentives and rewards marketing programs and many more. Founded in 2018, Reloadly is a growth stage fintech/telcom tech startup based in Barcelona, Spain with global teams spread throughout 4 continents. Reloadly has direct partnership agreements with over 50 leading telcos and growing its developer base around the world.
About South Summit: South Summit is recognized as the global platform for innovation and high-value connections among key players in the global ecosystem, startups, corporations and investors for the generation of business. The initiative was created by Spain Startup in 2014 and is based in Madrid, extending its network throughout the rest of the world. The last edition, South Summit 2019, was held in Madrid and brought together more than 20,000 attendees, including 6,500 startups, 6,700 corporates and 1,100 investors with an approximate portfolio of $120,000 million. The finalists of previous editions have achieved more than $3,2 billion in investment in addition to closing a multitude of agreements with corporations from different sectors.
SOURCE Reloadly Inc.
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