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FinTech Awards (2024)

IconEntries opened: Monday 22nd April 2024 IconEntries closing: Friday 7th June 2024 IconWinners to be announced: August 2024

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FinTech Awards Vote Now
About The Award

Wealth and Finance International is happy to announce the return of the FinTech Awards. Now entering its eighth year, this highly exclusive awards programme recognises and celebrates the leading companies within the FinTech Industry.

The FinTech Industry encompasses a diverse array of technologies and innovations aimed at enhancing and revolutionising financial services. From mobile payment solutions and peer-to-peer lending platforms to blockchain-powered cryptocurrencies and AI-driven investment algorithms, FinTech is driving unprecedented levels of efficiency, accessibility, and inclusivity in finance.

Over the past 12 months, the FinTech Industry has surged ahead, showcasing remarkable growth and resilience. Both the US and UK maintain their positions as global frontrunners in this dynamic field, with the UK projected to double its number of FinTech firms by 2030. These regions serve as vibrant hubs of FinTech innovation, spearheading progress and setting new standards. In the UK alone, FinTech contributes an estimated £11 billion to the economy, underlining its significant impact and unwavering momentum. Meanwhile, across the APAC region, the rise in the number of FinTech startups is increasing. With a focus on serving underbanked populations and leveraging emerging technologies, APAC is experiencing a surge in FinTech accessibility and adoption. This trend shows no signs of abating, positioning APAC as a formidable contender for global FinTech leadership in the years to come.

As countries worldwide implement financial regulations pertaining to this industry, the FinTech landscape is evolving. This presents challenges for many FinTech startups; however, with strategic planning and investment, they can navigate these changes successfully by adopting a holistic perspective. By pursuing proactive strategies such as talent acquisition, market expansion, and embracing forward-thinking regulations, businesses can position themselves for sustained growth and profitability. After all, regardless of any current economic struggles, this industry remains to be a highly profitable one.

Through pioneering innovation, the industry has harnessed developing technologies to enhance operational efficiency, elevate the customer experience, and introduce groundbreaking products and services. Embracing GenAI emerges as a prominent trend for the upcoming year, promising numerous benefits to the industry, particularly evident in the evolving landscape of consumer needs.

As FinTech continues to innovate and evolve, the impact it has on consumers and economies alike is remarkable. This can best be shown through the changes to personal digital banking methods. FinTech platforms provide intuitive, user-friendly interfaces that prioritise convenience and ease of use. For many consumers, the accessibility afforded by digital banking is a cornerstone of their financial well-being which enable users to take greater control over their finances. With its commitment to accessibility, innovation, and inclusivity, FinTech is not just reshaping finance—it’s revolutionising the way we think about money and empowering individuals and businesses to thrive in an increasingly digital world.

Participating in the FinTech Awards 2024 presents a unique opportunity for your organisation to showcase its achievements, successes, and best practices on a global platform. No matter your area of expertise in FinTech, whether it be digital payments, InsurTech, cryptocurrency, or another field, these awards are the ultimate platform to assertively demonstrate your achievements. The FinTech Awards 2024 offer unparalleled exposure, authenticity, and networking prospects for all participants.

The FinTech Awards 2024 accepts nominations from individuals and third parties. Our experienced professionals evaluate all nominees based on their quality and achievements, without bias towards their company size or location. The selection process is fair and impartial, ensuring that all candidates are objectively evaluated based on merit. If you know of a company worthy of recognition for its successes, please feel free to submit a nomination.

We wish all the nominees the best of luck!

Here’s How It Works
Methodology #11

Entry

Entry is open to any organisation and can take the form of self-submission, third-party recommendation or publisher-cast nomination.

Entries made via our website are anonymous, secure and details are not shared with third party organisations.

The preponderance of votes is driven by Wealth & Finance International; we send direct entry links to relevant organisations, both within the industry and to our extensive circulation. We also nominate those who we deem worthy.

Where appropriate, media partners and sponsors may also distribute voting forms on our behalf.

Prior to undertaking any research, we ask all nominees to formally accept or decline their nomination, allowing us to focus our efforts on those who choose to engage with the process and are comfortable being assessed in further detail. Nominees accepting their nomination form what becomes our shortlist; these candidates progress to an internal review. There is no cost associated with any part of accepting a nomination or receiving an award and entries can withdraw at any time.


Methodology #22

Evaluation

As we accept self-nominations, the number of votes do not determine the winners. All organisations are assessed based on the merit of their endeavours, the overall strength of their entry, and have evidence of recent accomplishments to convince our in-house research team that they are worthy. We use a combination of primary and secondary research techniques to acquire both qualitative and quantitative data depending on its relevance to the program; when rewarding specific funds for instance, we will rely on quantitative information over fixed timeframes whereas determining the success of a business as whole, we may appraise them more on the qualitative aspects of their past performance. In addition to our research, we invite nominees to submit substantiating evidence. By providing this evidence nominees gain the opportunity to submit information that may not be found in the public domain or on the nominees’ website; therefore, this can form an important part of the entry process. A formal document is produced by us, the publisher, to collate this information; however, our research team accepts filetypes in most common formats.


Methodology #33

Judging

Our professional researchers scrutinise information presented across all mediums and work alongside our senior judge to make the ultimate decision. To advance from nominee to winner; the candidate must be able to demonstrate expertise in a given area, dedication to client fulfilment, noteworthy performance or commitment to innovation.


Methodology #44

Promotion

Initially, results are announced in confidence, to the winners, and we set an informal press-embargo. During this time, the award coordinator will liaise with the winners to review the items in our promotional toolkit. The promotional toolkit is made up of various packages and celebratory items (some free of charge, some paid-for) designed by our in-house production and marketing team to achieve to help winners achieve maximum brand exposure.

As our winners select their chosen packages, our production team commence on the fulfilment of all items necessary for the formal announcement, when the celebratory magazine is published and the press embargo lifted.

FAQ Banner Frequently Asked Questions
How long has Wealth & Finance International been in circulation?
Wealth & Finance International was launched in 2014 and marked the second digital B2B title in the AI Global Media portfolio. It is published monthly and geared to supporting wealthy individuals across their corporate and personal lives. As well as producing the monthly magazine, an important part of our brand’s strategy is to provide recognition across our areas of focus which is typically achieved through annual award programs.
Where did the nomination come from?
In the interest of maintaining high response rates, we do not ask nominees to reveal their personal identity. As per the methodology, we frequently nominate candidates ourselves and when it comes to voting, if you didn’t cast a vote by self-submission it is likely to have been cast via a colleague or client who has received one of our direct invitations.

As previously mentioned, your ability to succeed is not linked to the number of votes received; however, we do track unusual behaviour on our website to identify repeat votes and cyber-threats.
What happens if I agree to shortlist?
In the interest of focusing our efforts on relevant candidates, we ask all nominees to accept their position on the shortlist. Nominees who do this will all be subject to our rigorous internal vetting procedure. They have an opportunity to present their own data which gets considered alongside the information collated by our research team. It can take up to 8 weeks for research to be completed.
Who makes the final decision?
We employ an entirely impartial panel of 5 individuals to conduct all of the research to our high standards. At the helm, the panel is led by a veteran academic leader with international academic and training experience and is well versed in research, fact-checking and mediation.
When does the ceremony/award dinner take place?
We do not focus our efforts on a celebratory event, whilst they might be good fun, it doesn’t really support our group’s philosophy of cost-effective marketing. All of our press announcements are made digitally, online and across our network; we aim to arm you with the tools (both digital and physical) to generate real-world value.
What happens if I am deemed successful?
There is a short press embargo in place where we ask you not to make the news public and during this period the program manager will liaise with you to agree on the most appropriate coverage. Our main coverage takes the form of a digital celebratory magazine, but we also offer physical trophies, wall mounted and digital certificates, web-based advertisements and bespoke and generic press releases.
Are there any costs involved?
There are no compulsory costs in accepting a nomination or winning a Wealth & Finance International award. In fact, to demonstrate our commitment to this, all our winners are offered a free of charge promotional package. Our company policy will always remain, regardless of budget, our clients should always be able to leverage the value of the award and our seal of approval.

We offer a variety of promotional opportunities to our winners. as we have an extensive network and we know, more than anyone, the wider business benefits from promoting industry awards.
Why does your email domain differ from your website domain?
Because we send a large volume of emails, we separate our campaign email sends from our transactional ones. This structure helps to ensure a prompt and thorough response from one of our diligent team members. The sending email address will always be recognisable but please contact us via the address on this page if you have any concerns.
Previous Winners
Need Help With Your Award? We can point you in the right direction.

The Nomination Team can assist with answering any queries that you have regarding a nomination, or the process involved in taking part in one of our award programmes.

Please get in touch with us via email or over the phone if you have any questions - we are happy to help!



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