Fintech innovation of the year

 

Open to: All fintech start-ups, technology providers, banks, telecom operators, government ministries and retailers operating in the Middle East, Central and South Asia and North Africa. 

The Middle East will be defined by the following countries for the purpose of the award - GCC countries (to include Bahrain, Kuwait, Oman, Saudi Arabia, and the United Arab Emirates), Jordan, Lebanon, Iraq, Iran, Palestine Territories and Turkey. 

Central and South Asia will be defined by the following countries for the purpose of the award - Afghanistan, Bangladesh, India, Kyrgyzstan, Kazakhstan, Pakistan, Sri Lanka, Tajikistan, Turkmenistan, and Uzbekistan.

North Africa will be defined by the following countries for the purpose of the award - Algeria, Egypt, Libya, Mali, Morocco, Sudan, Tunisia, Libya and Mauritania.

 

About this category:  

In this category judges are looking for a new product or service that disrupts the financial sector by introducing innovative, state- of-the-art solution that benefits both users and service providers. 


This could be an innovation in payments, banking, blockchain, lending, regulation, insurance, wealth management, money-transfer or security. 


Their success will be measured on the ability to transform the way we experience financial services, creating competition in the market, collaborating with multiple partners in the industry and the ability to expand beyond the original target market.  

 

Criteria: 

Entrants will be judged on their answers to the following questions: (Answers to each question will be cut off after 250 words) 

  1. Name of your company and the Fintech service that you are nominating 
  2. Who have your key partners and suppliers been involved with the product or service 
  3. Describe the technology or service that you have created 
  4. How is your product disrupting the financial market and how does it differ to competitors? 
  5. Have you partnered with any traditional players? If yes, how has this assisted the success of your Fintech offering 
  6. When was it released into the market and what has been the customer uptake
  7. What countries are you currently operating in? What are your plans for expansion? 
  8. What makes your Fintech service stand out from the competition and make it truly inspirational?