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Tracking fintech, banking & financial services innovations since 1994
More than ten Finovate alums have earned spots on Fintech Global’s second annual Wealthtech 100 roster. The collection of companies is meant to represent the most innovative businesses operating in the wealth and asset space worldwide.
Companies were evaluated based on a variety of criteria ranging from industry significance and technological innovation to growth in capital raised and the ability of the company to save clients money, boost revenues, or increase efficiency. More than 1,200 companies were provided by Fintech Global to its judging panel of fintech analysts and industry experts.
“We’re thrilled to have made the WealthTech 100 list from Fintech Global,” Wealth Wizards said on Twitter after the news was announced. “There are some brilliant U.K. firms included.” Finantix and additiv also tweeted about the announcement this week.
A handful of Finovate alums were among those earning top honors at the second annual PayTech Awards earlier this month. In categories ranging from e-commerce to real-time payments, four Finovate alums won commendations for their contributions to “excellence and innovation in the payments industry.” Another trio of alums took home “Highly Commended” runner’s up recognition.
We’ve listed those honored alums below along with the categories they competed in and a link to their most recent Finovate/FinDEVr conference demo video.
The PayTech Awards consists of three categories: Judged Awards, Leadership Awards, and Ovum Payments Innovation Awards. In addition to those alums that won their categories – or earned Highly Commended honors – a few Finovate/FinDEVr alums were also short-listed ahead of the final votes. These companies – along with their category and most recent Finovate/FinDEVr video – are below:
The Technology Fast 50 awards, which are split across three categories, recognize achievements and evolution in the Canadian tech sector.
First up is Thinking Capital which achieved a Fast 50 award*. This award lists the 50 fastest growing Canadian technology companies based on the highest percentage of revenue growth over the past five years.
Thinking Capital’s alternative lending platform has helped more than 10,000 SME’s gain access to capital. The company offers merchant advances and term loans up to $300,000.
*Qualifying companies must have: headquarters in Canada, been in business for at least five years, revenues of at least $5 million, their own proprietary technology, research and development activities in Canada.
Banking/bill pay category Xero, a New Zealand-based online accounting service (screenshot below), won the main Webby and the People’s Choice in the category Banking/Bill Pay beating Billeo, Rudder and Schoneleij, a text-based payment service from Rabobank.
After a wonderful day in San Francisco featuring awesome demos from 56 startups, four emerged as FinovateStartupBest of Show winners.
All attendees, except for the startups themselves, received a ballot which allows them to rate each demo on a scale of one to six. At the end of the final demo session, the ballots are tallied and the presenters ranked based on their average score. A majority of attendees completed a ballot, so it’s a good indicator of the group consensus.
It was a tight race, but the peoples’ choice today are as follows (in alphabetic order). Congratulations!