The Fintech Awards London 2023 celebrated the achievements of the fintech industry on the 21st of June. Held at The Underglobe, the event recognised outstanding contributions in the sector.
Hosted by Julia Streets, CEO of Streets Consulting, the awards night attracted a broad spectrum of guests from the global fintech community, highlighting the significance of the fintech sector in London and beyond.
Fintech Company of the Year
Peer-to-peer lending service Zopa, which launched in 2005 and secured a full banking licence in 2020, won the award for Fintech Company of the Year. Zopa has been a key player in the fintech industry, providing innovative financial solutions to a wide customer base.
Fintech Startup of the Year
London-based account-to-account payment software platform Banked was recognised as the Fintech Startup of the Year. The company has shown tremendous growth and potential in streamlining payment processes.
The award highlights Banked’s capacity to impact financial transactions positively, showcasing its innovative approach to fintech solutions.
Outstanding Contribution to Fintech
Gerard Grech received the award for Outstanding Contribution to Fintech.
Grech, founding chief executive of Tech Nation, has been a pivotal figure in the UK tech industry for over two decades.
His efforts have facilitated the growth of more than 5,000 businesses, significantly impacting the tech landscape.
Other Award Winners
Several other companies and individuals were honoured for their contributions to fintech at the event. Allica Bank received the award for Fintech Scale-up of the Year, while Nick Harding of Fluro was named Fintech Leader of the Year.
Hi Group was awarded Fintech New Product of the Year for their innovative offerings.
In the advisory category, Peel Hunt was named Fintech Advisory Firm of the Year, reflecting its significant role in supporting fintech enterprises.
Wealthtech, Paytech and Regtech Categories
Smart Pension was acknowledged as Wealthtech Company of the Year for its groundbreaking work in the pension sector.
Boku received the Paytech Company of the Year award, demonstrating excellence in the payments industry.
Quantexa secured the title of Regtech Company of the Year, reflecting its achievements in regulatory technology innovations.
Fintech for Good and Insurtech Innovators
The award for Fintech for Good went to FLOW GLOBAL for their impactful work in financial inclusion.
FintechOS was named Insurtech Company of the Year, highlighting their strides in insurance technology.
These awards underscore the diverse range of contributions made by fintech companies in various sub-sectors.
Government Support and Sponsorship
Andrew Griffith MP, Economic Secretary to the Treasury, endorsed the Fintech Awards London as a crucial platform for recognising innovation in fintech.
The event attracted sponsorship from notable organisations such as Clockwise, Eversheds Sutherland, Peel Hunt, and many others.
These partnerships reflect the collaborative efforts to propel the fintech industry forward.
Conclusion Highlights
The 2023 Fintech Awards London underscored the sector’s innovation and growth.
From established firms to emerging startups, the awards celebrated a broad spectrum of achievements, signalling a bright future for fintech in the UK.
The Fintech Awards London 2023 successfully highlighted the outstanding contributions within the fintech sector. The event not only celebrated innovation but also gathered industry leaders and stakeholders, fostering a sense of community and collaboration for future advancements.
Each award presented serves as a testament to the dedication and innovation driving the fintech industry forward, promising continued growth and development in the years to come.
