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FinTech Breakthrough honors global innovators

Friday, March 24, 2023 — 13:12:28 (EDT)

LOS ANGELES (PRWEB) MARCH 23, 2023--FinTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market, today announced the winners of the organization's seventh annual awards program, showcasing technologies and companies that drive innovation and exemplify the best in FinTech technology solutions across the globe.

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

“Despite significant challenges in the past year, the FinTech industry has demonstrated remarkable resilience and adaptability, with FinTech companies firmly set at the forefront of innovation, developing breakthrough solutions to help businesses and consumers navigate complex economic realities and ultimately, making critical contributions to the global economy,” said James Johnson, Managing Director, FinTech Breakthrough. “The 2023 FinTech Breakthrough Awards winners represent the best of the best in this rapidly evolving industry, with technologies that are 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 advancing global progress. We extend our sincerest congratulations to all of our 2023 FinTech Breakthrough Award winners.”

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

The 2023 FinTech Breakthrough Award winners include:

Consumer Lending

Consumer Lending Innovation Award: Pagaya Best Consumer Lending Platform: Lendbuzz Best Consumer Lending Product: Octane Best Loan Origination Platform: Jack Henry Best Consumer Lending Company: Oportun

Business Lending Best Business Lending Platform: Numerated 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 Finance

Best Personal Finance Platform: Q.ai, a Forbes company Personal Finance Innovation Award: Credit Karma Best Personal Finance Product: Wealth Plan from J.P. Morgan Wealth Management

Commerce & Consumer Payments

Best Consumer Payments 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 Commerce Platform: Bolt

B2B Payments

Best B2B Payments Platform: Melio Best Small Business Payments Solution: Wise Best Payment Enablement Platform: NMI Best Cross-Border Payments Platform: Brightwell B2B Payments Innovation Award: C2FO Best B2B Payments Company: Corpay


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 & Wellness

Best Financial Education Platform: GoHenry Best Student Loan Management Platform: Candidly 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 Overall 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 Banking Transaction Solution: Airwallex Best Open Banking API: Railz

Identity and Privacy Best Identity Verification Solution: Socure Best ID Management Platform: authID Digital Identity Innovation Award: Transaction Network Services (TNS) Best Overall Digital Identity Solution Provider: LexisNexis Risk Solutions

Fraud Prevention and Transaction Security

Best Fraud Prevention Company: Riskified Fraud Prevention Innovation Award: NICE Actimize Best Financial Transaction Security Company: Experian

InsurTech Best InsurTech Solution: Earnix Best InsurTech Company: Mylo

RegTech Best Compliance Management Solution: MyComplianceOffice Best RegTech Company: InvestorCOM

Decentralized Finance

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

Banking-as-a-Service Best BaaS Solution: Synapse BaaS Innovation Award: Peach Finance

Industry Leadership 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


About FinTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted 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 an in-depth research methodology and proprietary scoring system that includes six objective criteria, including product functionality, ease-of-use, technological innovation and impact. Companies do not pay a 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 candidates reviewed receive an award. The FinTech Breakthrough Awards do not evaluate the quality of services companies provide to their clients or customers and the awards are not indicative of a winning company’s future performance.

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Source: Company press release. end of article

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