The votes have been counted and the winners of the first FinovateMiddleEast Best of Show competition have been selected.
Congratulations are due to all of the companies that presented their latest fintech innovations live on stage this week. From wealth management and lending to innovative approaches to making payments faster, more efficient, and more secure, what makes Finovate such a great opportunity for fintech professionals is the breadth and variety of technologies on display.
And while we love seeing which companies – new or old, local or global – are the ones that have developed solutions that capture the imagination of our knowledgeable fintech audience, we always maintain that the value of our Finovate demos lies in the diversity of approaches taken by different creative, insightful entrepreneurs and engineers solving real world problems for individuals, consumers, SMEs, corporations, and even governments all over the globe.
That said, there are always a handful of demos that stand out to our attendees – and these are the innovations we highlight with our Best of Show awards. So with no further ado, let’s take a look at the companies taking home Best of Show trophies for their demos this week at FinovateMiddleEast 2018 (in alphabetic order):
APPICS for its next-generation, rewards-based, social media app that enables people to connect with one another around the globe and leverages blockchain technology to turn social media “likes” into currency. Video.
Electronic IDentification for its VideoID solution which combines video streaming, advanced machine learning, and AI to remotely identify customers in seconds from any device and over any channel. Video.
Ondot Systems for its card control technology that empowers card holders to “remote control” their credit and debit cards from a smartphone app. Video.
Our first foray to the Middle East has been a huge success for us. We’ve both seen and learned a great deal about the kind of fintech innovations that are making it easier for those living in the MENA region to have safer, more transparent, and – hopefully – more prosperous financial lives.
We want to thank our sponsors and partners – especially the UAE Ministry of Finance, which was indispensable in helping make FinovateMiddleEast happen. We had a wonderful time bringing our fintech conference to Dubai for the first time and are looking forward to coming back soon. Remember to follow us on Twitter @Finovate, as well as here on the Finovate blog to keep up with the latest in fintech news from the Middle East and elsewhere around the world.
To see all of the demo videos from FinovateMiddleEast, visit our video archives.
Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”
4. The three companies appearing on the highest percentage of submitted ballots were named “Best of Show.”
5. Go here for a list of previous Best of Show winners through 2014. Best of Show winners from our 2015 through 2017 conferences are below: