Valocity Global from New Zealand bags the Prestigious Fintech Startup of the Year Trophy
by Shrutee K/DNS
Mumbai | 2 December, 2019: Valocity Global
from New Zealand bagged the prestigious Fintech Startup of the Year trophy at
India FinTech Awards (IFTA) presented by National Payments Corporation of India
(NPCI) and organised by India FinTech Forum. The
event's agenda
consisted of innovative startup demos, panel discussions, fireside chats and
keynote speakers. 23 fintech startups from the US, New Zealand, Hungary,
Israel, Singapore and India that were shortlisted from 400+ applications
presented presented their product innovations in front of a distinguished Panel
of Judges. Valocity Global from New Zealand won the prestigious Fintech Startup
of the Year trophy. As part of the award, Valocity Global will get an
opportunity to be a part of Paris Fintech Forum, the most exclusive European
event on digital finance.
Mumbai
Fintech Hub, an initiative of the Government of Maharashtra was the Chief
Strategic Partner. The Keynote Address was given by Ms. Suniti Nanda, Fintech
Officer, Mumbai Fintech Hub and she spoke about Initiatives of Mumbai Fintech
Hub. There was discussion on UPI roadmap, SME Digitization and Disruption
Caused By Lending Fintechs In India By NPCI, Perfios and TransUnion CIBIL
respectively. Two fintech reports were launched by The Digital Fifth on Middle
East and Indian markets.
Sougata
Basu, Founder, CashRich said that, “We were glad to be a part of IFTA 2019. The
event was really engaging with discussions on payment, lending, wealth
management, Open Banking, AI and Blockchain. It was a great experience to
connect with fintech leaders from 20+ countries.”
Mr.
Rajeev Ahuja, Executive Director, RBL Bank and a member of the IFTA Panel of
Judges said, “I
was mighty impressed with the depth and the quality of young companies
presenting at IFTA 2019. Fintech is now better understood and there's always a
risk that such events become a rehash of what worked yesterday. In that respect
I would say that IFTA 2019 was very refreshing and it will make me want to come
back for IFTA 2020."
Harshil Mathur, CEO
and Founder, Razorpay and winner of FinTech Leader of the Year 2019 at IFTA
2019 said, "Our technology and our team is what we trust in the most. This
recognition by IFTA is a sign that our efforts in revolutionising the financial
ecosystem are in the right direction. I would like to thank IFTA for a
well-organised forum - it was a great evening and extend my congratulations to
all the winners and participants".
Carmen Vicelich, CEO
& Founder of Valocity Global, said “Valocity Global had an incredible
experience at the IFTA Awards. Attending
as a Fintech Finalist presented a great opportunity to demonstrate the Valocity
platform to leading key lenders and participants in the banking ecosystem and
the highlight was undoubtedly winning Fintech
Start Up of the Year! Valocity Global was very impressed with the IFTA
Forum by the breadth and depth of attendees and especially the wide range of
innovative attendees coming from all over the globe. What a great opportunity
to collaborate and network – we will definitely be back!”
Winners
at IFTA 2019
IFTA
Fintech Rising Stars:
The
following three startups won the Fintech Rising Star trophies:
CreditOn, Neener Analytics, Vested Finance
Category
Award Winners at IFTA 2019:
Best International Startup in India: AngelList India, India
Best Global Fintech Hub: F10 Fintech Incubator and Accelerator, Switzerland
Most Innovative Bank of the Year: Kotak Mahindra Bank, India
Financial Inclusion Initiative of the Year: Stellapps, India
Most Innovative Payment Startup: Razorpay, India
Most Innovative Lending Startup:Paisabazaar.com, India
Best AI Startup: CreditVidya, India
Best Use of Blockchain in Financial Services: MyEarth.ID, India
RegTech Startup of the Year: Nexus Asia, India
Best Innovation in Wealth Management: smallcase Technologies, India
Best Technology Company for Fintech Solutions: Synapse, USA
Proptech Startup of the Year: NoBroker.com, India
Most Innovative Fintech Product: Razorpay, India
Woman Leader in Fintech: Mabel Chako, Co-founder and COO at Open
Financial Technologies
Fintech Leader of the Year: Harshil Mathur, CEO and Founder at Razorpay
Fintech Rising Star: Neener Analytics, USA
Fintech Rising Star: CreditOn, India
Fintech Rising Star: Vested Finance, USA
Fintech Scaleup of the Year: Indy, India
Fintech Startup of the Year:
Valocity Global, New Zealand
Mabel
Chacko, Co-founder and COO at Open Financial Technologies won Woman Leader at
IFTA 2019 said, “I am honoured to win the Woman Leader in Fintech award at IFTA
2019. A lot of great conversations happened during India FinTech Awards that
brought together different perspectives on all the latest developments in
fintech.”
About
India FinTech Forum: The
India FinTech Forum is a non-profit initiative that offers a platform for
fintech companies to collaborate and voice their opinions on the relevant
policy issues. More than 450 fintech companies and over 5000 individuals who
are members of this forum, are dedicated to enhancing the ecosystem to ensure
that India leads the global fintech innovation wave. Indian fintech firms have
unique opportunities with the India Stack (Aadhar, UPI, etc.), which are not
available anywhere else in the world. IFTA organizes meet-ups in
several locations and seeks to drive policies that accelerate the growth of
fintech in India
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