The Fintech Awards London 2024 Shortlist has been revealed, unveiling the brightest stars in the dynamic world of financial technology.

With an impressive array of nominees representing innovation, creativity and resilience, this year’s shortlist showcases the notable achievements shaping the future of finance.

From disruptive startups to established industry leaders, the shortlisted companies have demonstrated dedication and ingenuity in shaking up the fintech sector. With fierce competition across multiple categories, the selection process was rigorous, ensuring that only the most exceptional candidates made it to the final round.

This year’s shortlist are:

Fintech Advisory Firm of the Year

• Chatsworth Communication
• Shoosmiths
• Evelyn Partners
• 11:FS
• Peel Hunt

Fintech Company of the Year

• Zopa Bank
• Allica Bank
• Hastings Financial Services
• Blend Network
• Guavapay
• Insignis Cash

Fintech for Good of the Year

• Cleo AI
• ClearScore
• Multiply
• Plend
• YellowNest
• Zero13

Fintech Leader of the Year

• Elizabeth Rossiello – AZA Finance
• Claire Maillet – Ziglu
• Paul Humphrey – BMLL
• Neil Vernon – Gresham Tech
• Kate Eadie – Insignis Cash
• Roxana Mohammadian-Molina – Blend
• Romi Savova – PensionBee

Fintech New Product of the Year

• 1fs Wealth
• BMLL
• Finley AI by Inatigo
• MyGuava by Guavapay
• Sikoia
• Wallester

Fintech Scale-Up of the Year

• Allica Bank
• Amplifi Capital
• Griffin
• Insignis Cash
• ShieldPay

Fintech StartUp of the Year

• Exinity
• Kennek
• Sikoia
• Vertice
• Volt

Insurtech Company of the Year

• Rnwl
• Mitigrate
• FullCircl
• FloodFlash 

Paytech Company of the Year

• Freemarket
• Hozah
• Mondu
• Form3
• Nium
• Wallester

Regtech Company of the Year

• REGnosys
• Corlytics
• SymphonyAI
• Global Screening Services (GSS)
• Quantexa
• Clausematch

Rising Fintech Star of the Year

• Avana Lai – Practi
• Elliot Banks – BMLL
• Guatam Hazari – Sekura Mobile Intelligence
• Oliver Fellowes – TerraPay
• Amanda Pun – Vyne

 Best Fintech Collaboration of the Year

• Aviva & Fabric
• Paydock  & Commonwealth Bank
• mmob & Mastercard
• Ordopay & Custom Credit
• SaaScada & Allica Bank
• TerraPay & Visa

Open Banking System Excellence of the Year

• D•One (from ClearScore)
• Guavapay
• Yaspa
• Vyne
• Nuapay

Best Accelerator/Incubator of the Year

• Lloyd’s Lab
• Barclays Rise Growth Academy
• EY FinTech growth programme
• Accenture FinTech Innovation Lab

Wealthtech Company of the Year

• Aviva
• Multiply
• Velexa
• ROYC
• PensionBee
• Smart Pension

The superb panel of judges comprised of industry experts, investors and thought leaders, faced the formidable task of selecting the finalists from a pool of exceptional candidates. Their meticulous evaluation process considered factors such as innovation, impact, scalability and potential for industry disruption.

Matt Hyde, founder of Fintech Awards London, said: “We are thrilled to unveil the Fintech Awards London 2024 Shortlist, representing the pinnacle of innovation and excellence in the fintech ecosystem. The diversity of talent and ideas showcased by our finalists is truly remarkable, highlighting London’s position as a global hub for fintech innovation.”

The unveiling of the shortlist marks an exciting milestone in the journey towards crowning this year’s winners. Finalists will now undergo further scrutiny as they vie for the prestigious Fintech Awards London 2024 trophies, which will be presented at a glittering ceremony attended by industry leaders, investors, and stakeholders.

As the fintech industry continues to evolve and reshape the future of finance, the Fintech Awards London remains committed to recognising and celebrating the trailblazers driving this transformation.

Find out more information about the Fintech Awards London 2024 and view the complete shortlist.

 

Artificial intelligence, more specifically its abbreviation ‘AI,’ was crowned word of the year for 2023 in the Collins dictionary, one of the world’s earliest English-language dictionary publishers. 

The Collins dictionary defines AI as “the modeling of human mental functions by computer programs.” The dictionary publisher described AI-powered language models as “bursting into the public consciousness” at the end of 2022.

It said AI has not only seen rapid development in 2023 but has also been “much talked about.” Collins wrote that AI is considered to be the “next great technological revolution.”

In addition to AI, Collins has a particular interest in “digital culture” this year, shortlisting the word “de-influencing” which it defines as an influencer using their online presence, “to warn followers to avoid certain commercial products, lifestyle choices, etc.”

Among its other shortlisted words for the word of the year, Collins also had two finance-related words. “Debanking” made the list, which its officials define as “the act of depriving a person of banking facilities.”

Collins claimed this word made the list after a populist politician in the United Kingdom, Nigel Farage claimed the Coutts bank tried to close his account on account of his political affiliation. It wrote that:

“The issue was thrust into the spotlight and many others subsequently came forward to complain of having been debanked without explanation.”

Debanking has long been an issue tied to the crypto space. In April United States Republicans in the House Financial Committee Republicans argued there is a record of a “coordinated strategy” of denying players in the digital asset industry access to banking facilities.

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Recently, the popular cryptocurrency exchange Binance has been up against debanking woes in Europe. The exchange said that users with its local banking partner Paysafe will not be able to trade EUR spot trading pairs from Sept. 28 onward. 

Collins also added the word “greedflation” to its shortlisted word: a compound word containing the words “greed” and “inflation.” It defined this as the use of inflation as an excuse to raise prices to artificially high levels in order to increase corporate profits.

The dictionary, based in the United Kingdom, said the U.K.’s current living crisis has been driven by inflation and claims many are convinced that “businesses are making excessive hikes in order to boost their profits, so-called greedflation.”

According to the U.S. inflation calculator, the country is currently facing an inflation rate of 3.7%, higher than the predicted 3.6% rate, though substantially down from the 2022 and 2021 rates of 6.7% and 7% respectively.

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