Fintech industry not recognising scope of sector – FinTech Awards will change this attitude

Fintech industry not recognising scope of sector – FinTech Awards will change this attitude

FinTech Awards 2019

Founder of the Australian FinTech Awards, Glen Frost, says, “I come across too many people in the sector who are giving a narrow definition of fintech – the fintech sector must be more inclusive of newcomers!”

“The FinTech Industry needs to embrace all these new categories of fintech – and in the future that includes embracing Facebook’s new Libra digital currency and wallet,” said Frost.

“I’ve met startups who have been told by senior people in the industry that they’re not fintech- when they clearly are – this elitist attitude needs to change – so here’s how I evaluate them – if the startup’s business is in helping people or business or Government with financial transactions, lending, saving, payments, securitization, insurance, asset valuation and transfers, digital currencies, investment; using Ai or Regulatory tech for any of these, either B2C or B2B; retail or wholesale – then they’re fintech,” said Frost

According to Frost, “The FinTech sector is booming and so we’ve added more categories to The FinTech Awards so everyone has the opportunity to be recognized for their achievements and success,” said Frost.

“The FinTech Awards has expanded to 16 categories, which reflects the growth of fintech covering areas such as Ai (Artificial Intelligence), Property (Proptech), Insurance (InsureTech) and Regulatory (RegTech),” added Frost.

There are 16 award categories = http://fintechawards.net/

Date: Thursday 1st August 2019

Venue: The Ashurst Ballroom, Level 9, 5 Martin Place, Sydney, NSW 2000

  1. FINTECH INNOVATION IN PAYMENTS – Start-up (1-24 months old)
  2. FINTECH INNOVATION IN PAYMENTS – Established (24+ months old)
  3. FINTECH INNOVATION IN WEALTH MANAGEMENT
  4. FINTECH INNOVATION IN LENDING
  5. BEST FINTECH COMMUNICATIONS CAMPAIGN
  6. BEST FINTECH-BANK COLLABORATION OF THE YEAR
  7. FINTECH LEADER OF THE YEAR
  8. FEMALE FINTECH LEADER OF THE YEAR
  9. FINTECH CTO/CIO OF THE YEAR
  10. INSURE-TECH STARTUP OF THE YEAR
  11. REG-TECH STARTUP OF THE YEAR
  12. BEST USE OF Ai IN FINTECH AWARD
  13. BEST FINTECH & NON-BANK COLLABORATION OF THE YEAR AWARD
  14. BEST PROPTECH STARTUP OF THE YEAR
  15. INTERNATIONAL CONQUEROR AWARD
  16. ASHURST FINTECH STARTUP OF THE YEAR

 

Contact: Glen Frost, Founder, FinTech Awards. Email: [email protected]