MoodMe wins $10,000 from Launchpad Sweepstakes contest, courtesy of BBVA and Houston Dynamo
Face insight startup takes top prize
HOUSTON, Oct. 8, 2019 /PRNewswire/ -- The Houston Dynamo and BBVA USA have announced MoodMe as the winner of its annual Launchpad Sweepstakes contest, giving the Houston-area startup $10,000 to enhance its operation.
MoodMe helps companies personalize customer experiences with face insights and face augmented reality while protecting privacy. For example, the company could use face recognition on a sports club's mobile app to provide unique insights on fan's emotions and demographics, turning the team's digital universe into an engagement platform.
"MoodMe is an exceptional startup that is committed to digital transformation and taking that concept to the next level," said BBVA USA Houston Director of Emerging Companies Ralph Miller. "As a bank that consistently focuses on digital transformation, our digital products, and enhancing the customer experience, we felt this was the best candidate in the Launchpad contest. That is a huge compliment, because all of our contestants had solid business models and innovative ideas in the digital realm. I want to congratulate our winning company and say thank you to our teammates at the Houston Dynamo."
As part of their winnings, MoodMe was recognized at the Houston Dynamo game on Saturday with their $10,00 check. The company will also have a chance to sit down with Dynamo and BBVA executives for consultation sessions on how to grow their business.
In past years, similar bank- and team-sponsored contests gave Houston small business owners a chance to submit their entries, detailing the nature of their operations and what they would do with their winnings. This year, the contest criteria included judging on how potential candidates would leverage the introduction of new technology to make their businesses more productive.
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About BBVA
BBVA Group
BBVA (NYSE: BBVA) is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market and is the largest financial institution in Mexico. It has leading franchises in South America and the Sunbelt Region of the United States. It is also the leading shareholder in Turkey's BBVA Garanti. BBVA's purpose is to bring the age of opportunities to everyone, based on our customers' real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. BBVA's responsible banking model aspires to achieve a more inclusive and sustainable society.
BBVA USA
In the U.S., BBVA is a Sunbelt-based financial institution that operates 642 branches, including 330 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 17 in New Mexico. The bank ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th). In the U.S., BBVA has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 8th nationally in terms of dollar volume of SBA loans originated in fiscal year 2018.
SOURCE BBVA USA
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