Global FinTech Innovators recognized in the seventh annual FinTech Breakthrough Awards program
The FinTech Breakthrough Awards is the premier awards program founded to recognize FinTech innovators, leaders and visionaries from around the world
LOS ANGELES (PRWEB)
March 23, 2023
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.