Transform financial systems with ready-to-implement tech.
At SOSA, we’ve been working with banks and insurance companies for nearly a decade. We are constantly monitoring the financial sector to make sure our clients identify and implement the technologies that can solve their most pressing challenges.Book a consultation
Innovation in the financial sector
Tech is leading the change in the way payments, savings, borrowing, and investment services are being made and deployed. Meanwhile, digital currencies have the potential to revolutionize the heart of finance: money itself. Innovation fundamentally alters how businesses respond to challenges in rapidly changing economic conditions, solve complex business problems, and enable true digital corporate transformation, allowing innovation leaders to gain and maintain a competitive advantage.
What we do
Industry trends to keep your eyes out for:
This is your chance to offer affordable, highly personalized insurance at scale, and reach new customers while reducing your distribution costs and risks.
Increase customer loyalty and stay ahead of the competition with value added services that offer a wide range of customization and convenience.
One to watch: DeFi is a new vision of banking and financial services based on peer-to-peer payments using smart contracts via blockchain technology, offering financial tools without intermediaries.
Lower customer acquisition costs, improve customer retention and speed up financial operations with SSTs.
Connect with your customers in the metaverse through existing products and the adoption of new ones. The value generated in the metaverse through its applications can be cashed in the real-world with digital money thereby blurring the boundaries between physical and virtual.
See what the right technology can do for you.
Best-fit tech solutions can help you solve acute problems, reduce costs, streamline operations, and build new revenue streams.
How it works
We’re methodological about the way we do open innovation.
Here’s what to expect from an innovation project:
Year after year, our clients keep coming back.
“SOSA truly understands our innovation requirements and knows how to deliver solutions, no matter how complex the challenge or how quickly we need it. We have someone we can speak with at SOSA at all times.”
“I have been through many innovation programs in my career including with a leading design agency, a strategy consulting firm, an executive education programs at leading universities, and others. I found the SOSA to be the best."
"Partnering with SOSA helped us accelerate our open innovation activities in Israel in no time, knowing that SOSA analysts cover the Israeli tech ecosystem and have the knowledge to provide us with a highly curated deal flow of advanced technologies."
“We have been extremely impressed by the companies we've met through SOSA, and many of them have been considered for a POC stage to become part of the RBC vendor universe."
“SOSA’s scouting efforts pay off for us, with an unbelievable conversion rate of roughly 1 to 5, which means we start to work with at least 1 new startup at the end of each demo day at SOSA – an unheard-of conversion rate.”
"Our collaboration with SOSA is our most meaningful international partnership. From the beginning, it was of the utmost importance to us to be able to connect the German insurance ecosystem to the Israeli startup ecosystem.
“We at Zurich Insurance Group have been working with SOSA since 2016. Through working together, we have been able to leverage SOSA’s extensive startup network and Insurtech expertise to help identify Insurtech solutions and startups as well as form collaborations with some of those startups.”