Global FinTech Innovators recognized in the seventh annual FinTech Breakthrough Awards program

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The FinTech Breakthrough Awards is the premier awards program founded to recognize FinTech innovators, leaders and visionaries from around the world

FinTech Breakthrough, a leading market intelligence organization that recognizes the best companies, technologies and products in the global FinTech market, today announced the winners of the organization’s seventh annual awards program, which showcases technologies and companies that drive innovation and exemplify the best in FinTech technology solutions across the whole globe.

The FinTech Breakthrough Awards is the premier awards program founded to recognize FinTech innovators, leaders and visionaries from around the world across a range of categories including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2023 FinTech Breakthrough Award program attracted more than 4,000 nominations from around the world.

“Despite significant challenges over the past year, the FinTech industry has shown remarkable resilience and adaptability, with FinTech companies at the forefront of innovation, developing breakthrough solutions to help businesses and consumers navigate complex economic realities and to ultimately make critical contributions to the global economy,” said James Johnson, CEO, FinTech Breakthrough. “The winners of the 2023 FinTech Breakthrough Awards represent the best of the best in this rapidly evolving industry, with technologies revolutionizing the way we do business, manage our finances and more. As we celebrate these breakthroughs, we are reminded of the critical role that FinTech plays in enabling financial inclusion, driving economic growth and promoting global progress. We congratulate all of our 2023 FinTech Breakthrough Award winners.”

All FinTech Breakthrough Award nominations were evaluated by an independent panel of finance and technology industry experts, with the winning products and companies selected based on a range of criteria, including the most innovative and technologically advanced products and services.

The FinTech Breakthrough Award 2023 winners include:

Consumer loans

Consumer Lending Innovation Award: Pagaya

Best platform for consumer loans: Lendbuzz

Best consumer loan product: Octane

Best lending platform: Jack Henry

Best consumer loan company: Oportun

Business lending

Best Business Lending Platform: Numbered

Best Small Business Lending Solution: American Express

Best Overall Business Lending Company: Nucleus Commercial Finance

Business Lending Innovation Award: Agora Data

Best Overall LendTech Company: QuickFi by Innovation Finance USA

Wealth management

Best Wealth Management Platform: Charles River Development, Charles River Wealth Management Solution

Best Wealth Management Company: Apex Fintech Solutions

Wealth Management Innovation Award: TIFIN Wealth

Best Robo-Advisory Platform: Cy, CyborgTech

Personal economy

Best Personal Finance Platform: Q.ai, a Forbes company

Personal Finance Innovation Award: Credit Karma

Best Personal Finance Product: Wealth Plan from JP Morgan Wealth Management

Trade and consumer payments

Best Consumer Payment Platform: PayNearMe

Consumer Payments Innovation Award: InComm Payments, InComm Healthcare Dual Network Benefit Card

Best Consumer Payments Company: VELA Works, Datum Technologies Group

Best overall trading platform: Bolt

B2B payments

Best B2B Payment Platform: Melio

Best payment solution for small businesses: Wise

Best Payment Enablement Platform: NMI

Best cross-border payment platform: Brightwell

B2B Payments Innovation Award: C2FO

Best B2B Payment Company: Corpay

Point of sale

Best Point of Sale Solution: Wisetack

Point of Sale Innovation Award: myPOS

Investments

Best Retail Investment Platform: Zephyr Informa

Best Retail Investment Company: EquityZen

Best Alternative Investment Platform: Opto Investments

Best Institutional Investment Solution: Gresham Technologies

Best Trading Platform: IPC Systems

Financial education and well-being

Best Financial Education Platform: GoHenry

Best Student Loan Management Platform: Honest

Best Financial Wellness Solution Provider: Questis

Consumer Banking

Best Digital Banking Platform: Novo.co

Banking Innovation Award: Wisely® by ADP

Financial research and data

Best General Analytics Platform: Pico, Corvil Analytics

Best Predictive Analytics Platform: Moody’s Analytics, EDF-X

Analytics Innovation Award: Amberdata

Banking infrastructure

Best Banking Infrastructure Platform: Savana

Best Bank Transaction Solution: Airwallex

Best Open Banking API: Railz

Identity and privacy

Best solution for identity verification: Socure

Best ID Management Platform: authID

Digital Identity Innovation Award: Transaction Network Services (TNS)

Best Overall Digital Identity Solutions Provider: LexisNexis Risk Solutions

Fraud prevention and transaction security

Best Fraud Prevention Company: Risky

Fraud Prevention Innovation Award: NICE Actimize

Best security company for financial transactions: Experian

InsurTech

Best InsurTech Solution: Earnix

Best InsurTech Company: Mylo

RegTech

Best Compliance Management Solution: MyComplianceOffice

Best RegTech Company: InvestorCOM

Decentralized economy

Best DeFi Asset Management Solution: Archblock

Best Overall DeFi Platform: CEX.IO

Cryptocurrency

Cryptocurrency Innovation Award: Wallex Custody

Best Cryptocurrency Wallet: Nexo

Spend Management & Procurement

Best Expense Management Platform: Wallester

Best Spend Management Platform: Airbase

Best contract management solution: Icertis

Tax and accounting

Best Tax Software Solution: Vertex

Best overall accounting platform: Clearwater Analytics

Bank-as-a-service

Best BaaS solution: Synapse

BaaS Innovation Award: Peach Finance

Industry management

Best FinTech Company CEO: Mazy Dar, OpenFin

Best FinTech Startup: Trovata

Best Finance Automation Platform: Ramp

Best Use of AI in FinTech: FIS, Enterprise Productivity, Intelligence & Compliance (EPIC) Platform

Best Use of Blockchain in FinTech: MoneyGram

Best Overall FinTech Company: eMoney Advisor

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About FinTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership worldwide, the FinTech Breakthrough Awards program is dedicated to honoring excellence in financial technologies and services, companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including payments, personal finance, wealth management, fraud protection, banking, lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.

FinTech Breakthrough Award winners are selected based on a thorough research methodology and a proprietary scoring system that incorporates six objective criteria, including product functionality, ease of use, technological innovation and impact. Companies pay no fee to be considered or placed on the list of FinTech Breakthrough Award winners. The honorees do not pay to be included as a FinTech Breakthrough Award winner. Less than 10% of assessed candidates receive an award. The FinTech Breakthrough Awards do not evaluate the quality of services companies provide to their customers or clients, and the awards are not indicative of a winning company’s future performance.

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