FinTech Awards
In this Issue:
Best Financial Customer Experience Management Platform 2019: CloudCherry
Most Innovative Risk Management Platform (Western Europe): 4Stop Best Mobile ePayments App (Central Europe): MBILLS
Best Tailored Blockchain Solutions Provider – Scotland & Excellence Award in Innovative Technology Development – UK We profile it and explore the secrets behind its phenomenal success.
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Best European P2P Loan Platform 2019 We profile Swaper and discuss the secrets behind the incredible success it has obtained. - Page 10
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Welcome to the FinTech Awards 2019
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With Fintech companies and start-ups continuing to steal the show by creating outstanding digital innovations and technology-enabled business models, now is the perfect time to reflect on the successes of your endeavours over the past year with the Wealth & Finance FinTech Awards. The fintech market has evolved at a rapid pace and continues transforming and innovating the financial services sector in areas such as payments, lending, personal finance and banking to name but a few. Providing safer and more reliable solutions to a myriad of economic institutions and individuals, there is a great deal of work worthy of praise and admiration.
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The Fintech Awards, hosted by Wealth & Finance for the third consecutive year, are dedicated to rewarding and recognising the hard work, excellence and creativity of FinTech companies, start-ups, technologies and products. We welcome nominations globally, regardless of size or reach of your company, we have categories to cater for all who have displayed outstanding innovations and contributions to the advancement of technology across the sector. From payment innovations to customer experience, data, trading, banking and lending, all areas are covered. AI Global Media, Ltd. (AI) takes reasonable measures to ensure the quality of the information on this web site. However, AI will not assume any legal liability or responsibility for the accuracy, correctness or completeness of any information that is available through this web site. If errors are brought to our attention, we will try to correct them. The information available through the website and our partner publications is for your general information and use and is not intended to address any particular finance or investment requirements. In particular, the information does not constitute any form of advice or recommendation by us or any of our partner publications and is not intended to be relied upon by users in making or refraining from making any investment or financial decisions. Appropriate independent advice should be obtained before making any such decision. Any arrangement made between you and any third party named in the site is at your sole risk and responsibility.
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Content 6. Blockchain Scotland Limited: Best Tailored Blockchain Solutions Provider – Scotland & Excellence Award in Innovative Technology Development – UK 10. Best European P2P Loan Platform 2019: Swaper 14. CloudCherry: Best Financial Customer Experience Management Platform 2019 16. Most Innovative Risk Management Platform (Western Europe): 4STOP 18. Best Mobile ePayments App (Central Europe): MBILLS 20. AxiaFunder: Best Commercial Litigation Crowdfunding Platform 2019 21. 8topuz Wealth Fintech: Best Artificial Trading Intelligence Platform: A.I Algorithm 22. Thistle Initiatives: Best Financial Services Compliance Consultancy- UK & Ireland 23. deVere Group: Most Innovative Financial Services Provider 2019 & In-House FinTech Leader of the Year 2019 24. Fintelics: Best Custom FinTech Solutions Consultancy – Ontario & Leading Expert in Fullstack Omnichannel Software Development 25. Best Transaction Tracking Blockchain Platform (Asia): Blockshine Singapore 26. Value3 Advisory: Best AI Platform for Capital Markets 27. qashqade AG: Most Innovative SaaS Developer 2019 – Switzerland & FinTech Start-Up of the Year 2019 - Switzerland 28. Tugesto: Best FinTech Law Firm 2019 - Spain 29. Best Emerging Digital Innovations E-Commerce Platform: CraftR 30. Fast Payment: Best Africa Focused Payment Service Provider 2019 & Most Innovative Digital Wallet Solution: Rezk-e.
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Best Tailored Blockchain Solutions Provider – Scotland & Excellence Award in Innovative Technology Development – UK Thanks to the deep passion of its team, Blockchain Scotland Limited is able to provide its clients around the world and across the market with innovative solutions designed to make using cryptocurrencies easier and more accessible. To celebrate the firm’s success in this year’s FinTech Awards we profile it and explore the secrets behind its phenomenal success. Established in 2017, over the past two years Blockchain Scotland has been working tirelessly to cement itself as leaders in Blockchain technology provision and training. During that time, the firm has tried and tested various revenue streams within this market and have positioned the company to provide blockchain solutions for businesses and training for anyone interested in learning more about how this new technology will impact every industry. Founded and led by CEO Robert Neate, the firm now boasts an extensive team of Blockchain experts who are passionate about crafting innovative solutions that will change the FinTech market for the better. This pioneering team have managed this during the biggest downturn in the blockchain and cryptocurrency markets in the last five years. This incredible achievement saw the firm run, maintain and complete a successful ICO when many others were failing. As part of this drive towards revolutionising the Blockchain market, Blockchain Scotland has built a tailored blockchain solution for an existing loyalty rewards platform. MB8 Coin has provided a cross border solution for a leading European travel company ‘Multibuy’ that has now introduced Ecommerce to their business model as MB8 Coin positions them to open their doors to a Global marketplace. Multibuy had already established over 1 million customers throughout Italy with over 200,000 of these being active within their
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loyalty rewards network. Multibuy partnered with Blockchain Scotland to introduce a more secure, transparent and consumer driven solution that deals with cross border transactions with ease and without the need for costly time delays and intermediaries. MB8 Coin has launched this year and will be useable within Multibuys established travel Network and newly introduced E Commerce platform giving consumers the security in the volatile cryptocurrency space that their coins will always hold a 1 Euro value as part or in some cases whole payment within their existing networks. Should the price increase beyond 1 Euro, this will be automatically reflected using API’s from exchanges allowing customers to purchase over 70,000 products or choose from hundreds of Holiday destinations using MB8 Coin as full payment. This project is just one example of the innovative solutions that the Blockchain Scotland team can create. The firm’s experts can build blockchain solutions to meet any requirements and integrate this new technology into the clients’ existing systems, whatever they may be. By offering a tailored approach to each project, the firm’s team can ensure that they fully understand a client’s requirements and are able to create the solution that is right for them. The firm’s experts work closely with clients to ensure that there is 100% transparency between their vision and how their technology will catalyst its success.
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Founded and led by CEO Robert Neate, the firm now boasts an extensive team of Blockchain experts who are passionate about crafting innovative solutions that will change the FinTech market for the better.
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Taking a comprehensive approach to all things Blockchain, the firm can also provide training so that any clients’ team can build the solution or can discuss a plan to build the solution for you. This training can cover everything from the basic fundamentals of Blockchain and how to plan a solution architecture to developing, testing and implementing the solution in the real world. As the industry is still developing, new training solutions are few and far between, and as such Blockchain Scotland is working to constantly adapt and offer clients the training and support they need longterm. Once clients and their teams have been trained to the level they require, the firm can then further assist by guiding them on their way to the required solution. Such an integrated offering is helping drive even greater acceptance of this innovative technology. Blockchain within the fintech space has huge impacts ranging from cost savings to cutting bureaucracy and can make banking a more efficient experience for bankers, businesses and consumers alike. It can also reduce fraud and cyber-attacks increasing customer trust. For example, incorporating customer loyalty programs onto a Blockchain solution has the potential to enhance customer experience, reducing costs and providing a smoother customer experience that can process a frictionless system in real-time. Cybersecurity is also another key area in which Blockchain can drive change and increase efficiency. As more people move towards mobile banking and increased technology in everyday life, Blockchain solutions should be implemented to reduce costs and inefficiencies in the banking sector and greatly enhance the ability to resist cyber-attacks, breaches of data security and fraud. The introduction of Smart Contracts is just one example of an invention supported by blockchain and we anticipate many other innovations in the future. As a thought-leader in the market, Blockchain Scotland is already taking steps to make Identity management and Secure Voting possible via a blockchain based solution, the end-user’s ID along with verification of the ID using Government Services are logged and stored on the blockchain. Fundamentally, Blockchain is comparable to the beginning of the internet. For the team at Blockchain Scotland has been a very challenging yet exciting industry to be involved in. There are new developments in blockchain as it constantly evolves to become more advanced, efficient and widespread. It is clearly a technology that has already been positively disruptive to the current fintech market, and Blockchain Scotland team are proud to be at the forefront of emerging market developments and driving the financial space towards innovation through the use of its cuttingedge technology. Ultimately, Blockchain Scotland is on a mission to become market leaders in the development, implementation, training and education of blockchain solutions. The firm’s dedicated team passionately believes in the many benefits that
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Blockchain within the fintech space has huge impacts ranging from cost savings to cutting bureaucracy and can make banking a more efficient experience for bankers, businesses and consumers alike. It can also reduce fraud and cyberattacks increasing customer trust.
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incorporating the right blockchain solution can bring to modern day organisations. As businesses start to adopt blockchain solutions they will also need to retrain staff to understand this new way of working, and as such Blockchain Scotland will be working tirelessly to continue to expand and adapt its services to meet such industry needs. Company: Blockchain Scotland Limited Name: Robert Neate Address: Unit B, Industrial Estate, Earlston, TD4 6BZ Telephone Number: +447494892999 Web Address: https://blockchainscotland.co.uk/
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Best European P2P Loan Platform 2019 Swaper is a P2P loan marketplace offering an easy investing in pre-funded consumer loans from Poland, Spain, and Denmark in cooperation with Wandoo Finance Group. Launched in 2016, Swaper began life from the idea to build better financial products and to offer many different financial products. When the platform was initially under construction, the firm’s main goal was to make it according to the needs of investors. As part of this focus, the Swaper team collected opinions and feedback of experienced investors. Investors expressed a need for easily accessible mobile platform with clear and understandable overview of their investments, and a possibility to have configurable push notifications, to decide what kind of information they needs and how often. As a result of this newfound knowledge, the Swaper team realized that in addition to focusing on the web platform, they should be also building the mobile application. Therefore, they launched the website version of the platform and after a short while Swaper was the first P2P marketplace that was also launched as a mobile application. Today, this innovative company offers investment options into loans driven by a dedicated team who are highly experience in the financial sector, and as such are able to offer clients the benefit of their extensive market knowledge and industry understanding. All investments offered on Swaper’s marketplace start from 12% annual interest with unique loyalty bonus to earn an additional +2%.
The firm makes investment convenient through the Auto-Invest Portfolio, which investors can easily set up with just one click. This innovative approach grants investors the maximum interest income based on their chosen investment amount and period. Seeking to remain ahead of emerging market trends, Swaper has developed a Mobile Application for both Android and iOS, which provides investors with the opportunity to manage their investments easily and conveniently, and have full control over investment thanks to the push notifications. As part of the Wandoo Finance Group, a professional IT systems developer based in Latvia, Swaper is able to leverage its parent group’s vast technological expertise and infrastructure to ensure it offers clients the most innovative and reliable solutions. In today’s modern financial market where technology is key, Swaper is making waves thanks to its revolutionary online platform. Alongside offering cutting-edge support and innovative financial services, Swaper is also deeply committed to providing its users with exceptional client service and support they can rely on. For the Swaper team, the key to good customer service is building good relationships with customers. They believe in thanking the customer and promoting a positive, helpful and friendly environment, which will ensure they leave with a great impression. They also feel that good customer service means helping customers efficiently, in a friendly manner,
and that it is essential for the firm to be able to handle issues for customers and to do its best to ensure they are satisfied. It is the provision of exceptional customer service and the constant collaboration with the investors, that sets Swaper apart from its competitors. By constantly working with investors to understand their needs and update its offering and processes, the firm is able to drive customer loyalty and ensure that customer expectations are met in all cases. “Looking to the future, Swaper will launch a range of exciting new products and features to enhance its already impressive platform. In 2019, the firm’s focus will be on growing both sides of the marketplace by satisfying increasing investor demand, as well as loan supply from current and possibly new locations by expanding the investment opportunities on the marketplace. These developments will drive Swaper to even greater global renown and establish it as the ideal platform for anyone seeking financial services,” said Danija Misus, the Product Owner at Swaper (pictured right). Ultimately, with the FinTech market showing no signs of slowing down and investment in this growing industry higher than ever before, Swaper has a bright future ahead of it. The firm will continue to collaborate with clients to understand their needs and remain ahead of emerging market developments. Web Address: www.swaper.com
“Swaper will launch a range of exciting new products and features to enhance its already impressive platform. In 2019, the firm’s focus will be on growing both sides of the marketplace by satisfying increasing investor demand, as well as loan supply from current and possibly new locations by expanding the investment opportunities on the marketplace.” 10 Wealth & Finance International - Fintech Awards 2019
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“Investors expressed a need for easily accessible mobile platform with clear and understandable overview of their investments, and a possibility to have configurable push notifications, to decide what kind of information they needs and how often.�
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Best Financial Customer Experience Management Platform 2019 APR2w2
In today’s financial market, Investors, Banks, Brokers, Credit Brokers and Businesses alike all want integrated customer experience solutions they can rely on. CloudCherry aims to provide this through its unique online platform. To celebrate the firm’s success in this year’s FinTech Awards we profile the firm and explore how its innovative technology is driving change in this fast-paced and highly competitive market. Working closely with clients to provide them with a cutting-edge platform that eliminates the need for third-party consultants, CloudCherry is able to offer everything from Journey Mapping, Predictive Analytics and Text Analytics through to NPS, VOC and Custom Dashboards. Clients across the financial space use this innovative platform to offer customer experience solutions that will drive their companies to success. As a SaaS company, the firm is proud to boast more than 100 customers, who include household names and industry leaders such as Puma, Tata, Singapore Airlines, Marina Bay Sands, TFCU, Clearview Federal Credit Union, DBS bank and Nymeo. Seeking to offer a hassle-free experience, CloudCherry’s platform’s features are cutting-edge and require no added work from the client side. This creative solution integrates seamlessly into hundreds of technologies through its open API. To ensure full compatibility with any system, the firm has partnered with some of the world’s most prominent technology and software companies, including Salesforce, Microsoft, IBM, and Cisco.
Clients across the financial space use this innovative platform to offer customer experience solutions that will drive their companies to success. Through these collaborations, CloudCherry is able to provide a solution that is deep in the customer journey, providing journey mapping structure for organizations. NPS and CSAT to understand the rules of the customer within each segment of the business. An example of one of the firm’s successful projects is its work with Chipotle, the internationally renowned Mexican restaurant chain. As CloudCherry’s platform is fully selfserve, Chipotle will be able to do all the operations like creating a survey, adding questions to survey, add new users to the system, update organizational hierarchy, manage roles and permissions, send out invitations to customers, create widgets and dashboard all by themselves without any dependency on CloudCherry. By collaborating with clients and working with them to understand their needs, as in this case and many others, CloudCherry is able to understand how it can improve its service offering and enhance its platform. Through this approach the firm is able to remain at the forefront of emerging developments in the customer
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experience and financial markets and ensure that clients receive the solutions they need. Looking to the future, CloudCherry will be continuing to develop its CX on Voice technology and expanding its business internationally, as it seeks to continue to growth throughout the North American market and beyond. As digital transformation and security become key focuses from the FinTech market, CloudCherry will continue to work closely with clients to ensure they receive the cutting-edge customer experience solutions they can rely on. These developments will drive the firm and its unique platform to even greater market recognition and success throughout 2019 and further ahead. Company: CloudCherry Name: James Gilbert Address: 10 Broadway Suite 290 Telephone Number: 4357201525 Web Address: www.cloudcherry.com
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Most Innovative Risk Management Platform (Western Europe) Thanks to its impressive industry expertise, 4Stop, a leading fraud prevention provider, solves businesses riskbased approach through a modern, all-in-one KYB, KYC, compliance and anti-fraud solution at an international level. To celebrate the firm’s win in this year’s competitive FinTech Awards we profile it and share an insight into the innovative solutions it has to offer, speaking with members of the senior team to understand the true value of this exceptional solution. Since its inception in 2016, 4Stop has onboarded various clients within its target markets of Payment Service Providers, Payment Gateways, eMobile payments, eCommerce, eWallets, and Cryptocurrency. As all the founders of the company have collectively over 60 years of experience within the risk management realm, they understand the need for a simple, fail-safe, future-proof solution that businesses can effortlessly manage their risk requirements and more importantly with absolute confidence. When they first started their firm, their focus and challenges were to establish a product to resolve the cumbersome processes surrounding KYB, KYC, compliance and fraud prevention globally. This drive led 4Stop to develop an all-in-one solution encompassing global data aggregation that resulted in a full suite of KYB and KYC data sources, and their proprietary risk management tools paired with automation and integrated analytics, all from a single AP. Removing the market pain point of multiple integrations and patchworked solutions to fully address risk management requirements. Thanks to this unique technology, the firm now allows its diverse range of clients to easily perform required validation, verification and authentication at the point of onboarding through to transactional processing, both at the merchant and merchant consumer level. Over the past three years the adoption and usability of the 4Stop solution have been well received. By encompassing a complete end-to-end solution for KYB, KYC, compliance and fraud prevention, 4Stop allows businesses to enjoy a single-view-ofrisk and it has already been proven to dramatically improve their overall performance and bottom line.
Today, the firm has achieved proven results for its clients and have cemented its place as a true revolutionary within the risk management and technology space. Businesses that have utilised 4Stop’s anti-fraud technology experience a 66.6% reduction in chargebacks in the first 2 months with an average of 81.5% approval authorisation rate. Additionally, businesses that have implemented the cascading KYC verification technology, have seen a growth of 10.9% in savings within the first two months.
UBO’s and required document retreival, businesses obtain all the data and documentation they require to confidently onboard businesses.
4Stop’s revolutionary KYB solution is now leading the industry by performing granular business underwriting in near real-time with comprehensive data analysis surrounding business’ online presence, operational performance, structure. Comprehensive data analysis surrounding the business’ online presence, operational performance, structure, and compliance adherence. Enhanced by additional KYC due-diligence performed on directors/
“This award is another great milestone for 4Stop. Our ever-changing online landscape demands innovation and for everyone at 4Stop, our focus is driving our technology advancements as an equalized force across all aspects of our product offering. Our teams’ hard work, diligence and passion have been the pathway for our success and we greatly look forward to continue bolstering our products to support online risk management.”
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It is this unique solution that has driven 4Stop to win one of the 2019 FinTech Awards from Wealth & Finance International Magazine. Ingo Ernst, CEO of 4Stop, comments on the firm’s success in this award’s programme and how it is the direct result of the firm’s expert team’s hard work and dedication to excellence.
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Seeking to change the face of risk management for the better, 4Stop’s KYC data hub solution encompasses one of the largest KYC data aggregations in the industry to provide true worldwide KYC data coverage. As a result, clients have access to thousands of global data points and hundreds of KYC data sources with real-time and on-demand activation. Additionally, this data creates full market profile data simulations in a seamless manner and allows businesses to make quantifiable decisions based on data science. Through 4Stop’s cascading verification logic costsavings on KYC data performance is maximised and the best data experience output is obtained. 4Stop continuously aggregates global data and KYC data sources so businesses can continue to enjoy all the data they require from their initial integration with zero touch on their IT and internal development resources. Dedicated to safety as well as efficiency, 4Stop’s cutting-edge anti-fraud technology provides an automated and multi-faceted rules engine that performs real-time analysis with automated system actions through to providing granular risk monitoring and integrated intelligence. Businesses can apply risk thresholds and anti-fraud parameters per merchant, sub-merchant, region, type, market/ industry, date/time, etc. Clients have full control of their risk management in a fully automated manner. Through the single-view-of-risk, overall monitoring and risk analysis processes are efficient with minimal requirement for manual intervention. Improving businesses authorisation rates, dramatically reducing chargebacks and accelerating their performance, the Businesses all-in-one solution provides everything required to manage risk from a single API.
Whilst its fully integrated solution is revolutionary in the FinTech market it enables 4Stop to overcome the KYC industry issue of managing so much data safely and effectively. The firm is constantly seeking to enhance this product for the benefit of its clients across the financial and business markets. 4Stops’s continued technological investment is based on a few variables within the market landscape. By closely engaging within the industry through networking globally with key market leaders, events and conferences, close client engagement and staying abreast of global payment and risk management centric reports and trends. Through this process, 4Stop develops vigorous assessments of the market landscape, emerging trends and evolving regulatory requirements, all of which are funnelled to their executive and product innovation teams to drive product expansion and ensure 4Stop’s all-in-one risk management solution remains leading-edge across the various industries in the market they services.
“4Stop has been designed to be future-proofed from a single API for our clients to manage KYB, KYC, compliance and anti-fraud technology on a global scale. It is our continued responsibility that the product does just that. Expanding our fraud technology and data aggregation accordingly to stay relevant to the rapid evolution of online payments and engagement.” States Brian Daly, Head of Product Implementation and Innovation, 4Stop. At the point of inception 4Stop launched with a full suite of KYC data sources and their proprietary anti-fraud technology that encompasses a multi-faceted automated risk rules engine with cascading rule performance and automated
system actions, alongside a dashboard with realtime intelligence and multiple reporting widgets. In early 2019 4Stop launched its global end-to-end KYB solution. Seeking to build upon its current success, moving forward 4Stop will continue to aggregate data and expand its KYB and KYC solution, in conjunction with furthering its features available such as machine learning to support the anti-fraud and risk monitoring technology. The firm has also recently completed a German-based €2.5 €Million Series A Round Investment from Ventech, the leading pan-European VC fund investing in early-stage tech-driven start-ups. This financing will help the company to expand its solution and drive real change in the market. Ultimately, 4Stop is a global product with clients worldwide. In the coming years, the business has established a focused acquisition plan specific to regions and markets within Europe, Asia and the United States. These developments will drive the company to even greater global recognition and truly prove it as a pioneer in the risk management technology space. As many companies seek a single provider to manage all parts of their risk management cycle, 4Stop will become a key part of the payment’s ecosystem and the central aggregation hub in the eco-system.
Name: Ingo Ernst Address: Neusser Str. 85, Köln, Germany, 50670 Telephone Number: +49.151.1101.7175 Web Address: https://4stop.com/
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Best Mobile ePayments App (Central Europe) Company: MBILLS Contact: Primož Zupan Website: https://www.mbills.si/
Slovenian FinTech innovator MBILLS d.o.o. has created a unique online platform, mBills, through which users can make payments using their touchscreen devices. As part of our showcase of a selection of this year’s esteemed FinTech Awards winners we profile the firm and share an insight into how far its unique solution has come over the past four years. Originally the idea of paying invoices online came into being within the framework of Halcom’s internal innovation hub “Halcom Studio” in 2013. This idea was taken and built upon to produce mBills, a unique app solution that offers clients a cutting-edge solution. Since its foundation in 2015 MBILLS has been providing innovative ePayments solutions. Through the firm’s platform the user’s smartphone becomes their mobile wallet, making it easier and more convenient to make payments. Today, the firm’s mBills app is based on a mobile wallet, which replaces the well-known wallet for cash. As it has been possible to buy anything in cash, it is possible to buy anything with mBills with electronic money. This creative solution allows users to pay cash invoices, monthly bills, online shopping, money remittance to friends, ordering and paying goods by scanning a product’s QR code, paying for vending machines. The mBills platform operates independently, and as such consumers can use it regardless of whether they have an open bank account or whether they have a subscription agreement with the telecommunications operator. Downloadable through Google Play and the Apple Store and free to install, the mBills app allows users to pay for everything from petrol and groceries through to online invoices at more than 1500 locations across Slovenia. Safe, reliable and intuitive, the solution is designed for modern consumers. Users do not even have to directly enter the app, and instead in phone settings, they can create a shortcut to the mBills application or the mBills widget. This allows users to see the ticket for the event and make payments, payments and payments even without directly entering the application. The mBills shortcut, or extension of the mBills app, can be set on an exposed display screen regardless of whether users have an Android or iOS device, regardless if they have access to mobile data or WiFi. Limited to a maximum of EUR 50.00 by the app itself, users can set their own limits to ensure safety and
ease-of-use. Initially users are signed up as a primary user, but can upgrade to a full user at any time, allowing them access to mBills’ full suite of solutions and services. These include receiving e-invoices from issuers, charging from a bank account, charging mBills wallets with payment / credit cards and payment of cash. For companies the solution is the ideal way to unify their payment options and provide consumers with an innovative way to pay. mBills can even be integrated into a firm’s payroll system, ensuring that they need look no further for a complete payments app. Cheaper, faster and more effective, the app is perfect for companies looking to enhance their payment offering and stay ahead of emerging market developments. After all, online payment and internet banking have been key fixtures of the payment market for many years already, and the next step is automatic payments made through the use of a phone. This has already been achieved in several instances, but MBILLS was a pioneer in the market and is continuing to drive change by offering an integrated, innovative solution that cannot be found elsewhere. By integrating this unique solution firms can ensure that they are offering the very latest technology for their clients. To make the solution completely accessible to a variety of companies, mBills has no hidden charges or start-up costs, and the solution can be added to any firm’s infrastructure quickly and efficiently. The app is already connected to many cash programs, including POS Elektronček, Eblagajna, Microgramm, RCL Int., mintPOS, VASCO, Comtron and many others, so the transition to receiving payments with MBILLS is quick and easy. Ultimately, MBILLS’ aim is to create a unified user experience on mobile device for all types of payments, and this will remain the firm’s ongoing focus as it looks towards a bright and exciting future filled with new opportunities for growth and prosperity.
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“This idea was taken and built upon to produce mBills, a unique app solution that offers clients a cutting-edge solution.”
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AxiaFunder Best Commercial Litigation Funding Platform 2019
Seeking to capitalise on the increased focus on litigation funding, AxiaFunder offers investors access to pre-vetted commercial funding opportunities that offer high annual returns, little or no correlation with other assets classes and a natural exit after a couple of years when each underlying case resolves. As part of our showcase of this year’s FinTech Awards we profile the firm and share an insight into the investment opportunities it has to offer. Established in 2018, AxiaFunder’s expert team draws on more than 40 years of financial experience and a combined litigation experience of over 30 years to ensure that it offers a truly innovative solution to its investors. For claimants and lawyers, the firm provides lower cost capital to fund cases enabled by both the absence of cash drag in the crowdfunding model, and also the strong appetite of crowdfunders to access this asset class. Previously it has been accessible only by large private equity groups which have larger fixed costs and overheads to support, and as such AxiaFunder is now offering a truly unique solution through its innovative platform.
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Whilst capital is always at risk in any investment process, AxiaFunder aims to mitigate this risk as much as possible by vetting cases and structuring them as equity and bond investments for high net worth and sophisticated investors. This ensures that the process is fully transparent and that investors understand the risks involved at the beginning of the process. Thanks to this approach, compared to other investment firms seeking investor capital AxiaFunder offers an attractive risk return profile, particularly when capital is allocated across a large number of cases. Seeking to build upon its current success, moving forward AxiaFunder will continue to work on ways to automate the case assessment process using big data techniques, AI and also developing a portal to outsource case assessment. These developments will help the firm to remain at the forefront of emerging market trends and ensure it is able to offer investors, claimants and lawyers the cutting-edge support and services they expect and rely on.
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“AxiaFunder will continue to work on ways to automate the case assessment process using big data techniques, AI and will be developing a portal to outsource case assessments.” 20 Wealth & Finance International - Fintech Awards 2019
Overall, the firm’s expert team believe that litigation funding improves access to justice and makes society more inclusive, and as such they are keen to continue to use the AxiaFunder platform to have a positive social impact for many years to come.
Name: Cormac Leech Address: 12 Hammersmith Grove, London W6 7AP Telephone Number: +44 203 286 5922 Web Address: https://www.axiafunder.com/
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8topuz Wealth Fintech Best Artificial Trading Intelligence Platform: A.I Algorithm
8topuz Wealth Fintech Ltd is an innovative software development company, offering comprehensive asset management solutions, either via world renowned trading platforms such as MT4 or mobile apps. As part of our showcase of a selection of this year’s FinTech Awards winners we profile the firm and explore the solutions and services that have led it to win one of these coveted accolades. Intelligence and machine learning tools able to identify new signals on price movements and to make more effective use of the vast amount of available data and market research.
Since its foundation in 2010, 8topuz has been providing innovative solutions to both professional and retail traders looking for intuitive and userfriendly technology.
reliable. The firm has also noticed that Artificial Intelligence systems are being adopted by Financial Institutions and investment Banking, but not many are yet available for retail clients.
Operating in the fast-paced, constantly evolving FinTech space the firm has to work hard to ensure it remains ahead of emerging market developments. Technology is essentially altering the business environment and may have a deep impact on the quality, but also the cost of service provided whilst making it more accessible to the consumer.
Seeking to offer clients the cutting-edge solutions they need, 8topuz has risen to the challenge and worked hard to develop solutions that will ensure clients are able to trade easily and efficiently. Through its mobile app the firm is able to grant access to a software that works autonomously and agnostically of brokers or client’s trading knowledge.
Over the years 8topuz has seen clients requesting more and more solutions that are safe, easy and
Working with an expert team dedicated to creating unique new technologies, 8topuz utilises Artificial
“Operating in the fast-paced, constantly evolving FinTech space the firm has to work hard to ensure it remains ahead of emerging market developments.”
“Technology is essentially altering the business environment and may have a deep impact on the quality, but also the cost of service provided whilst making it more accessible to the consumer.” Ultimately, 8topuz is committed to presenting its valued clients with tailor made trading solutions, based on capital preservation, positive returns and high risk-adjusted performance. Such an aim will remain the firm’s ongoing focus moving forward as it works to adapt its current offering and enhance this for the benefit of its clients across the investment market.
Name: Abdoulkader Abdi Address: Roussos Centre Point Office 6G Gladstone Street, 3040 Limassol, Cyprus Telephone Number: +357 252 621 62 Web Address: www.8topuz.com & www.8topuz.com.cy Wealth & Finance International - Fintech Awards 2019 21
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May19271
Thistle Initiatives Best Financial Services Compliance Consultancy- UK & Ireland
Specialising in financial compliance, Thistle Initiatives is able to provide proactive consultancy services to clients across the financial market. We profile the firm and explore how its service offering is particularly relevant to clients across the ever-evolving FinTech sector. Initially set up in 2012 to provide advice and support firms in relation to compliance with FCA regulation, PRA requirements and key legislation impacting the financial services industry, Thistle Initiatives has expanded to encompass a wide range of financial compliance services. As a firm, Thistle operates across a number of different financial services sectors, including investments, insurance, consumer credit and payment services. Their clients range from niche start-ups to the largest of distributors, including investment specialists, as well as insurers and banks. The range of support they provide is as diverse as their client base. They offer numerous services to support at all stages of a firm’s development. From direct authorisation for new start-ups and Appointed Representatives looking to take the next step to regulatory advice, policy support and compliance audits, as well as ongoing day to day compliance support with existing and upcoming regulation, the firm ensure they can provide a
custom, practical service to all clients. Firms can also seek to become Appointed Representatives of Thistle’s sister company, Resolution Compliance, which offers complete network solutions to firms from across the financial services industry. Specifically, the fintech team provides compliance support for over 90 fintech companies. These clients vary in firm type and include robo-wealth managers and -advisors, banks, credit lenders, P2P lenders, equity and debt crowdfunders, e-money institutions, insurance and credit brokers and, more recently, firms operating in the crypto asset space. Having seen the development of fintech from its initial stages as a disruptive tool against the more traditional markets to one which is now transitioning into a collaborative, partnered marketplace, the team fully understands the nuances of the market and is able to work closely with clients to provide them tailored support. The team are evolving simultaneously with the sector
and are constantly improving their knowledge base and service offering to ensure that any fintech firm, at any stage of development, can get the support and guidance required to operate effectively and compliantly. This ensures that they remain at the forefront of regulatory and industry developments. The services offered provides clients with not just a consultancy service but one which is tailored to the needs and requirements of the firm. In that respect, the service is very dynamic and can be adapted to any size business at any stage in their journey. A key part of their make-up now is the Innovation Hub, which is providing a ground-breaking service for firms unsure of their next steps and in need of that first round of guidance regarding the need for regulation. Most notably, and something which they pride themselves on, is the practical nature of their service. Businesses are often quoted the rules and regulations applicable to their operation and then left to implement these on their own. But with Thistle, the focus is to ensure that they not only provide the correct and appropriate guidance, but also support firms in executing these on a practical level, often involving a number of face-to-face meetings and audits, with ad hoc support to follow as required. People are starting to use products from fintech firms on an almost daily basis and this saturation of innovative products is changing the way the everyday person interacts with the financial world. It is this diversity and speed of innovation that is the most exciting but also provides the greatest challenges to stakeholders, as well as those companies that support it. Thistle’s fintech team’s goal is to help these innovative firms navigate the space with the confidence that they are in line with a complex and ever-evolving regulatory framework.
the compliance specialists Address: 80 Coleman Street, London, EC2R 5BJ Telephone Number: 0207 436 0630 Web Address: www.thistleinitiatives.co.uk 22 Wealth & Finance International - Fintech Awards 2019
deVere Group
May19272
deVere Group Most Innovative Financial Services Provider 2019 & In-House FinTech Leader of the Year 2019
Multi-award-winning deVere Group is one of the world’s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients. As part of our showcase of some of this year’s FinTech Awards winners we explore the group’s offering in this sector and how it is driving excellence for its clients around the world and across the financial marketplace. FinTech is, unquestionably, the future of financial services, and as such deVere Group, one of the leaders in the independent financial advisory space, is utilising its considerable resources to develop and expand its propositions in this space. With a network of more than 70 offices across the world, over 80,000 clients and $12bn under advisement, the Group has the ability to drive change in this sector and provide its clients with cutting-edge support and solutions. As part of this focus, the group is constantly working to recruit the very best talent from across the world, including its recently appointed Global Head of FinTech, Dimitris Litsikakis, who joins deVere Group from Revolut. Seeking to disrupt the FinTech market and create innovative solutions the group has created a department, deVere E-Money, which has identified a gap in the market for a FinTech vehicle that allows a large client sector to access, manage and use their money easily, wherever they are in the world, without excessive exchange rates. After all, in today’s globalised, mobile and ever more connected world, access to money has to be borderless. People will increasingly, not accept anything less. This revaluation led to the creation of the Vault APP for iOS and Android users. Providing global services in electronic money and a single card, multi-currency service, deVere Vault gives globally-minded individuals and expats this power. Focusing on those with an international lifestyle, the solution will also ensure that the best currency exchange rates are given. Traditionally, those who transfer different currencies, which is the clear majority of people who travel internationally or live outside their country of origin, are hit with high charges and fees. In addition, these are almost routinely not transparent to the customer. However, Vault solves this problem by delivering a practical robust solution that gives easy, fast access and manageability to end users with no hidden costs.
The Vault multi-currency card also allows the account holder to withdraw and spend money anywhere in the world where Mastercard is accepted. Account holders can load their accounts via debit card or bank transfer in any of the five account settlement currencies-USD, EUR, GBP, CHF and PLN; as well as being able to exchange between these currencies and purchase up to a further 22 different currencies, all with a thumbprint, within the app. A significant number of existing deVere Vault users were so impressed by the proposition it offers, that client demand has driven us to launch Companion Cards. These allow the primary account holder to control and manage the funds on the additional Vault Accounts all within their secure Vault app. The companion then has all the associated advantages of having a deVere Vault card. Another key aspect of the group’s offering is its crypto services, which were launched in 2018 as the trend for online currencies began to really take off. Today deVere Crypto is a pioneering cryptocurrency app, available for Apple and Android. It allows users to store, transfer and exchange major cryptocurrencies, including Bitcoin, Ethereum, XRP and Litecoin. The group also offers deVere Core, a solution that responds to the seismic shift in client expectations currently being experienced by the financial advisory industry. Increasingly clients not only want bespoke financial advice from an adviser, they are also demanding personal instant access to their portfolio anywhere and at any time. They want all their financial services needs to be dealt with online and/ or on their mobile devices. They are wanting to be more ‘hands-on’ than ever before. As such, the group created the Core app, which provides that immediate access, communication, and monitoring ability, to meet expectations in terms of customer experience. Seeking to build upon its current success, over the coming years deVere Group has an exciting vertical and horizontal growth strategy planned.
“A significant number of existing deVere Vault users were so impressed by the proposition it offers, that client demand has driven us to launch Companion Cards.” Within the FinTech space specifically, the group’s plans include to launch Vault Business focusing on SMEs who are looking for an advanced current account that redefines business banking. The aim is to simplify payroll and expense management while offering the same competitive FX rates as in the group’s existing retail product. The group is also setting up partnerships with banks and other financial organizations, both within EU and internationally, that allow Vault to be deployed as a white label solution. This is a unique winning strategy that will accelerate digital transformation in emerging markets by securing a super-fast go-to market that brings significant competitive advantage to the group’s valued partners. Overall, these developments will drive deVere Group to even greater success over the coming years and cement its position as a leader in the financial services and FinTech marketplace.
Contact: Dimitris Litsikakis Email: dimitris@devere-group.com Website: https://www.devere-group.com
Wealth & Finance International - Fintech Awards 2019 23
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May19349 APR2w2
Best Custom FinTech Solutions Consultancy – Ontario & Leading Expert in Fullstack Omnichannel Software Development
Working with clients from across the corporate landscape, Fintelics develops cutting-edge bespoke solutions that are designed to meet any requirement. Since its inception, Fintelics has been committed to bringing consulting service, cutting edge technology innovation and training together. Supporting a diverse range of clients from a variety of industries, including finance, commodity trading, real estate, marketing, currency exchange, video content sharing platform start-ups, conference platform start-ups, blockchain start-ups, charities and human resource companies, among others, the firm is flexible and committed to providing bespoke services that will meet anyone’s needs. Thanks to this range of clients, the firm’s work has involved developing omnichannel solutions on both desktop, web and mobile platforms, blockchain solutions, building cloud native applications, edge computing applications, big data solutions, building data science-oriented application including both predictive and descriptive analytics. Working with cutting edge technology such as Artificial Intelligence, Blockchain, Cloud Computing and Big Data, Fintelics is able to provide its clients with unique bespoke solutions tailored to their business. Pioneers in the market, the firm’s expert team can integrate any new solution into their offering to provide clients with revolutionary solutions. Operating in such a fast-paced and ever-evolving market, Fintelics pays close attention to the latest trends and future predictions and encouraging its team to always be learning new skills relating to the latest industry developments. This ensures that clients receive quality solutions that are ahead of market changes.
CEO Richard Davis’ deep market expertise has allowed him to create the firm’s proprietary software model, which is a critical pillar for all investment decisions. investing a lot of money based on their existing data to improve their products and offerings.
Such a proactive, technology-focused approach is particularly important in today’s FinTech market. After all, one of the biggest developments in the market is an increased interest in decentralized apps for payment, also the increase of digital banks and increased investment into digital solutions. More financial institutions are now adopting cloud computing as it contributes to compliance, infrastructure automation, development and deployment automation.
As such, Fintelics is constantly seeking to integrate these solutions into its offering. The challenge is to create a team with the expertise to support clients in these varied areas, but Fintelics is privileged to work with some of the top talent in the industry, including award-winning Solution Architect Will Zhang. Together the firm’s expert team are able to provide clients with industry-leading solutions that cannot be found elsewhere on the market.
Big data and AI related use cases are also coming into the scenes. Various financial institutions are
Moving forward, Fintelics is planning to diversify its portfolio of services, and has been enhancing
24 Wealth & Finance International - Fintech Awards 2019
its skillset accordingly. Over the coming years the firm plans to launch a multipurpose, omni platform that can be customized for any type of business. This development will allow the firm to provide a full turnkey solution to clients across the business market, and the team is looking forward to this development and the opportunities it will offer them.
Company: Fintelics Contact: Matt Stewart Contact Email: info@fintelics.com Website: https://www.fintelics.com/
Blockshine Singapore
May19375
Blockshine Singapore Best Transaction Tracking Blockchain Platform (Asia)
A subsidiary of both Path Corporation and Blockchain Global Limited, Blockshine Singapore draws on the experience of these organisations to act as an end-to-end enterprise blockchain partner to a variety of clients. Celebrating the firm’s success in this year’s FinTech Awards we profile it to find out more about how its innovative platform is revolutionising the burgeoning Blockchain market. Since its inception, Blockshine Singapore has been dedicated to empowering the next generation of companies that are making a game-changing impact to create a more diverse, inclusive and egalitarian world. The firm offers a full suite of advisory and merchant services, which are tailored to meet any individual organizations’ needs for effective implementation of blockchain strategies. These include design, development and securing custody of digital assets and tokens. In addition, the firm has created bespoke token systems and payment platforms for a range of clients in a myriad of industries, from banking to clean energy to hospitality and beyond.
These developments will drive this innovative and talented company to even greater success throughout the coming year and further into the future. With Blockchain set to grow exponentially over the coming years, and investors increasingly noticing the potential for this innovative solution, Blockshine Singapore is in a unique position to offer pioneering services. Having recognised this growth previously, Blockshine Singapore has made it one of its goals to foster an ecosystem around Blockchain technology. As part of this aim, the firm has created a network of partner companies from
exchanges to payment platforms to mining operations, as well as custodian solutions. The company is confident that, through this network, it can bring all these resources to best serve the needs of its clients as the Blockchain industry evolves and expands.
Address: #02-01 Odeon Towers, 331 North Bridge Road, Singapore 188720 Website: https://www.blockshinesg.com/
Over the years, the firm has grown its team slowly and deliberately to ensure it not only boasts the best industry talent but also a unique, supportive internal culture. Thus, Blockshine Singapore is able to collaborate with its clients and provide them with expert support tailored to meet their exact needs. Continuous development is a key aspect of this culture, as it allows the team to remain ahead of emerging market developments and offer clients cutting-edge solutions that cannot be found elsewhere. The firm has a unique experience and understanding of how the market works and fluctuates. This knowledge puts Blockshine Singapore in a unique position to be an end-toend partner for clients who are looking to adopt blockchain technology. By combining cutting-edge technology and the firm’s corporate experience, the team is able to offer solutions that will support clients as they navigate this challenging yet vital new market segment. Seeking to build upon this already phenomenal success, looking to the future, Blockshine Singapore is planning to expand both in sector, with new projects across the clean power, government and real estate markets, and geographically, with the firm set to grow its global footprint by opening a Latin American office in Panama City later this year.
Wealth & Finance International - Fintech Awards 2019 25
May19453
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APR2w2
Value3 Advisory Best AI Platform for Capital Markets
Founders: Abhinav Mishra, Christoph Brodowicz Address: 7 Temasek Boulevard, Singapore 038987 Telephone Number: +65 8110 8515 Email: office@value3-advisory.com Web Address: www.value3-advisory.com
Value3 Advisory is an end-to-end risk management and robo-advisory FinTech solution provider with operations in Singapore, Mumbai and Vienna. We profile the firm to learn more. As Artificial Intelligence takes progressive steps and matures as a technology for real-world applications, Value3 is spearheading its adoption in the financial industry to unbundle the information and insights hidden in the abundance of scattered data by marrying client business requirements with top-notch technology architecture design and demystifying AI. Each of the firm’s Co-Founders, Abhinav Mishra and Christoph Brodowicz, individually spent more than 10 years with leading asset managers, investment banks and risk advisors before founding Value3 in 2015. They founded their new firm with an aim to building products that provide sustainable long-term value to their clients, merging a crystalclear understanding of the markets with their expertise in automation to create unique products that would revolutions the risk management space. Since the firm’s inception, it has extended its core team and leading industry players joined its journey as investors and strategic partners, including SIX Group, the holding company of Swiss exchange, Ex-CEO of Singapore Exchange and Chief Credit Officer of a leading UAE bank. Additionally, Value3’s focus on nurture industryacademia collaborations, including a FinTech Research Consortium with Imperial College London, Singapore Management University and Vidyalankar Institute of Technology in India, has become an integral part of its journey to success. Together, Value3’s expert team and network of collaborators work to serve managers handling investment portfolios, investor relationships and risks across a variety of segments in the financial industry. With its innovative solutions, Value3 is able to facilitate product innovation and niche application of AI and big data analytics in the financial risk
and investment management area focused on the credit and fixed-income space. For clients including assets managers, hedge funds, pension funds, re-/ insurance companies, family offices, private banks, investment banks and SME lending platforms the firm’s flagship algoCRED platform provides unbiased, reliable, robust and forward-looking credit ratings, research and analytics, and enables them to transform data overload into actionable insights. The platform furnishes a fully automated solution for independent credit rating, credit research, predictive analytics, deep data insights, portfolio monitoring, and credit signals on market trends and sentiment. algoCRED also offers a conversational robo-advisory chatbot, recommendation engine, text mining, and a smart search engine custombuilt for fixed-income/credit market insights, macro, and industry trends and early warning indicators. Each aspect of the solution enables unique functions. The algo-based approach to derive Credit Ratings and Research Reports combines structured and unstructured big data sources, machine learning (ML), natural language processing (NLP), quantitative research, and multilevel model calibration and validation techniques to ensure high accuracy and precision. Thanks to this approach, the algoCRED engine examines and monitors portfolio companies and generates fully-automated reports on them with its in-house modules that utilise predictive analysis of diverse data sources, including financial disclosures, regulatory filings, AGM reports, default trend, geopolitics, news, demographics, online reviews, market sentiment and ecommerce. Alongside this, the Credit Analytics Dashboard enables deep data insights, smart search, early warning or investment signals, and analytics on
“...algoCRED AI-platform provides independent, transparent, predictive and fully automated credit ratings, research, robo-advisory chatbot and smart analytics for capital market investors and risk managers.” 26 Wealth & Finance International - Fintech Awards 2019
credit trends and sentiment across countries, industries and specific exposures. Finally, the robo-advisory chatbot service provides an interactive on-demand digital interface for riskrelated advice. Together these functions offer users a complete solution to help them in understanding corporate and bond markets as well as the trends affecting their asset allocation and ability to generate alpha or detect emerging risks early on. Whilst the platform is a full-formed solution, its use can be tailored to suit the individual needs of each client, and the Value3 team can also craft bespoke technology to meet any requirement. Based on the detailed understanding of the client’s issues, their user profiles, user experience, and pain points, the firm’s expert team use their industry experience and passion for technology to build niche solutions, as opposed to a one-size-fits-all approach. After all, every individual investor, investment and market segment is completely different, so why should they all use the same system? The Value3 team understand the need for bespoke support and can tailor any solution to meet any need through their collaborative approach to technological development. Taking the initiative, the firm aims to enable the broad financial services community to understand and harness the power of AI, while continuously integrating latest developments and research into its cutting-edge solutions. Looking to the future, Value3 intends to expand its global coverage to reach across Europe, Asia, Africa, Latin America, and the Middle East. Based on current developments, the firm will cover all major bond issues across Europe, Asia, UAE and LATAM by 2020, and this exciting development will drive the company to achieve even greater recognition over the next twelve months.
Jun19120
qashqade AG
APR2w2
qashqade AG Most Innovative SaaS Developer 2019 – Switzerland & FinTech Start-Up of the Year 2019 - Switzerland With extensive industry experience, qashqade AG is a FinTech software provider who has developed a software-solution for the alternatives market, which targets private equity, venture capital, real-estate funds, hedge funds and others. We profile the firm to find out more about how it came to win two of our prestigious FinTech Awards for 2019. Built on a solid foundation of industry expertise of technological skill, qashqade is a FinTech Start-up focused on providing Private Equity solutions for General Partners and Limited Partners as well as fund administrators and audit firms.
Over time the firm has come to support any private equity or VC company that is in need of a Waterfall calculation tool helping them to track their cashflow, their investors or shareholders and supporting them in modelling the next financing round.
Working closely with clients, qashqade has developed a software that caters for the Alternatives space. The firm’s unique solution automates the most complex carry/waterfall calculations and allows the user to also calculate the individual carry points by legal Entity and participant, as well as enabling the user to simulate current and future cashflow scenarios. By collaborating with clients constantly the firm is able to ensure that its solution is always ahead of the latest industry developments and at the very cutting-edge of the latest market trends. As such, qashqade has come to be recognized as one of the most innovative players in this space and is well ahead of its competition. This client-centric approach is what sets qashqade apart from other software developers operating in the FinTech market today. The firm’s expert team work closely with each and every client to ensure that they receive the support and solution they need. Seeking to build upon its already impressive success, over the coming years qashqade will focus on continuing to enhance their product suite and will focus on further improving its Investor tool, which will help them to monitor and verify the fees they get charged and the payback they get from the funds. In addition, the team continue to develop interfaces to all common software providers within the industry to make life easier for clients throughout the financial market. These developments will cement qashqade’s reputation as a thought-leader and key innovator in today’s competitive FinTech market.
“...qashqade has come to be recognized as one of the most innovative players in this space and is well ahead of its competition.”
Name: Oliver Freigang Address: Splügenstrasse 6, 8002 Zurich, Switzerland Telephone Number: +41795506111 Web Address: www.qashqade.com
Wealth & Finance International - Fintech Awards 2019 27
Jun19219
www.wealthandfinance-news.com
APR2w2
Tugesto Best FinTech Law Firm 2019 - Spain Dedicated to supporting SMEs, freelancers and start-ups, Tugesto is an experienced FinTech Law firm which has developed a creative means to bring legal, accounting and HR all into one platform. We profile the practice to learn more about this unique solution and how it is revolutionising the market. Based in Spain, Tugesto provides an innovative approach to combining FinTech and legal solutions. Thanks to its investment in research, development and innovation, the firm can help its clients to transform the traditional way they manage their business through a management program that they can run themselves, with a specialized team of advisers and lawyers on-hand should they require assistance. Its unique platform allows clients to manage their legal, accounting, tax and labor practices of their company in an easy, simple and economical way. A desktop-in-cloud solution, the platform is easy to use and truly reliable, meaning that clients can rest assured that they are completely safe and compliant with all current regulations when they use the solution. The solution covers everything, from recovering payments and using the system and its team of lawyers to recover money that is owed through to marketing and business administration solutions. A dedicated team of experts drives the platform and works closely with clients to ensure that they receive the support and solutions they need to flourish in today’s competitive and fast-paced business market. From autonomous solutions through to managed platforms and beyond, Tugesto provides something for every client, no matter how complex their needs nor how high their expectations may be.
“From autonomous solutions through to managed platforms and beyond, Tugesto provides something for every client, no matter how complex their needs nor how high their expectations may be.” 28 Wealth & Finance International - Fintech Awards 2019
Ultimately, Tugesto’s innovative solution is the future of FinTech, and enhancing the solution and driving even greater recognition for its brand will remain the firm’s core focus as it looks towards a bright and exciting future filled with new opportunities for prosperity.
Contact: Jose Izquierdo Website: https://tugesto.com/
Jun19242
CraftR
APR2w2
CraftR Best Emerging Digital Innovations E-Commerce Platform As cryptocurrencies become an important part of the financial market CraftR aims to e-commerce through innovative Blockchain solutions. To celebrate the firm’s success in the 2019 FinTech Awards we profile it and share an insight into the driving forces behind its success. Established in 2017 alongside its electronic currency called CraftR token, CraftR has since become a key player in the ever-important cryptocurrency market. Through the development of its tokens the firm aims to bring an interesting idea in the blockchain area and more importantly, to bring an authentic product with a real connection with the blockchain. With six expert team members supported by five admin staff, CraftR is developing a decentralized e-commerce platform for the provision of spaces for the sale of digital creative assets and freelance services. The concept of decentralization is based, for the moment, on ERC20 tokens payments, but moving forward the firm is evaluating the possibility of decentralizing also the storage of products. This decentralization aims to bring CraftR as close as possible to its clients. As part of this focus the firm gives its clients the opportunity to sell their creations and skills without complications. The firm tries to provide many incentives to use its innovative marketplace through competitions and awards and in addition, CraftR token has a proofof-stake functionality. Customers can register an account and publish products for sale in exchange for CraftR token.
development environment; a modular program that can be installed on computers that allow users to develop projects of any type relating to the categories of the marketplace. Alongside this, the firm intends to also create a VR marketplace. Through the virtual reality users will explore the store as in reality, with the possibility of interaction with products.
market will be well integrated into the network. This has opened up a world of new business and financial opportunities, and can be compared with the advent of websites or mobile applications. As the market continues to grow and flourish, so too does CraftR, and this dynamic firm has many invigorating projects to help it drive the industry and itself to even greater heights throughout 2019 and further into the future.
Ultimately, these developments will help CraftR to continue to disrupt the Blockchain market and drive clients to see the benefits of its creative solutions. The firm’s team hopes that one day the Fintech
Company: CraftR Contact: Willy Codoni Website: https://craftr.io/
“...this dynamic firm has many invigorating projects to help it drive the industry and itself to even greater heights throughout 2019 and further into the future.”
Aiming to make the solution as accessible as possible, the firm does not charge any commission on transactions, that take place directly and via blockchain. Any user can publish a first product for free and start earning without limitations, then, if preferred, there is the possibility to increase the products’ spaces with the previous gains. Such an approach ensures flexibility for clients and helps to drive them to make greater use of the firm’s cuttingedge platform. Alongside its complimentary offering, CraftR also offers premium features, as well as forms of engagement between users, such as various competitions between publishers. Through this unique approach the company is giving users the possibility to interact with a functional product and to follow its development in real time. Moving forward, CraftR’s plan to enhance its already impressive success is release a creative
Wealth & Finance International - Fintech Awards 2019 29
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May19553 APR2w2
Fast Payment Best Africa Focused Payment Service Provider 2019 & Most Innovative Digital Wallet Solution: Rezk-e. Fast Payment Limited designs and delivers innovative online payment solutions. This results-driven FinTech company provides successful pioneering solutions to clients across Morocco, with a view of expanding into the greater African market. They tailor their services by establishing a comprehensive profile for their clients and delivering custom solutions. This personalised approach, in association with highly secure technology and widespread usability, is driving change throughout the African financial landscape. Following the introduction of new banking regulations in Morocco, the African FinTech market has been in a state of flux. Morocco is one of the first countries on the continent to establish a bank licensing scheme, which formally defines a digital payment institution and regulates its concomitant services and obligations. These regulatory changes represent a tsunami in the African FinTech market and will inevitably call into question the viability
of a significant number of existing operations, but will also open the market for government-licensed banking and financial services providers. With plans for steady expansion within this framework, Fast Payment’s pioneering product, a highly secure payment platform, makes it possible for every citizen of that country to access mobile banking.
Since launching its platform, the company has enjoyed many successes, including becoming the exclusive payment solution for Jumia, the African equivalent of Amazon, for its operations in Morocco, and it is now competing to extend this service to the rest of the continent as one of their payment solutions. Fast Payment also boasts several exciting partnerships with some of Morocco’s leading providers of everything from utilities to consumer products. These collaborations also include some industry peers so Fast Payment can offer its clients a truly integrated solution. For example, they have partnered with HiPay, which enables the collection of money from any developed nation, thus providing clients with an international solution to help them operate in today’s global financial environment. Over the years, the Central Bank of Morocco has supported Fast Payment’s efforts to become one of the first companies to promote financial inclusion in the country, and as a result, clients can be assured they are working with a truly safe and reliable provider when they use the platform. Fast Payment is currently in the process of raising funds to market its services more effectively and roll out its innovative solutions to the entire African continent, with the long-term focus being to build a neo-bank specifically adapted to Africa. This development will help cement Fast Payment’s position as a true revolutionary within the region’s FinTech market over the years to come.
(Tobias Schmücker)
“Fast Payment is currently in the process of raising funds to market its services more effectively and roll out its innovative solutions to the entire African continent...” 30 Wealth & Finance International - Fintech Awards 2019
Name: Omar Maes, Chairman & Younes Azennoud, CEO Address: 55 Chestnut Grove Glencar Scotch, Letterkenny CO.Donegal, F92 YHT7, Ireland Telephone Number: +353 (0) 766 223 322 Web Address: www.fpay-worldwide.com
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