Global FinTech innovators have been recognized in the seventh annual FinTech Breakthrough Awards program. The program, founded to acknowledge leaders and visionaries in the FinTech industry, showcases technologies and companies that drive innovation and exemplify the best in FinTech solutions around the world. This year’s awards received over 4,000 nominations from across the globe.

Despite the challenges faced in the past year, the FinTech industry has shown remarkable resilience and adaptability. FinTech companies have been at the forefront of innovation, developing breakthrough solutions that help businesses and consumers navigate complex economic realities. These companies are making critical contributions to the global economy.

The winners of the 2023 FinTech Breakthrough Awards represent the best of the best in this rapidly evolving industry. Their technologies are revolutionizing the way we do business and manage our finances. They are also playing a crucial role in enabling financial inclusion, driving economic growth, and advancing global progress.

The winners were selected by an independent panel of experts in the financial services and technology industries. The evaluation criteria included innovation, technological advancement, and the quality of products and services offered.

Among the winners are Pagaya for Consumer Lending Innovation, Lendbuzz for Best Consumer Lending Platform, and Octane for Best Consumer Lending Product. In the Business Lending category, Numerated received the award for Best Business Lending Platform, and American Express was recognized as the Best Small Business Lending Solution. Nucleus Commercial Finance was named the Best Overall Business Lending Company.

In the Wealth Management category, Charles River Development received the award for Best Wealth Management Platform, while Apex Fintech Solutions was recognized as the Best Wealth Management Company. The Best Personal Finance Platform award went to, and Credit Karma received the Personal Finance Innovation Award.

The winners span various sectors of the FinTech industry, including Consumer Payments, B2B Payments, Point-of-Sale, Investments, Financial Education & Wellness, Consumer Banking, Financial Research and Data, Banking Infrastructure, Identity and Privacy, Fraud Prevention and Transaction Security, InsurTech, RegTech, Decentralized Finance, Cryptocurrency, Spend Management & Procurement, Tax and Accounting, and Banking-as-a-Service.

In addition to recognizing individual winners, the FinTech Breakthrough Awards also honored industry leaders. Mazy Dar, the CEO of OpenFin, was named the Best FinTech Company CEO, while Trovata received the award for Best FinTech Startup. Other notable winners include Ramp for Best Finance Automation Platform, FIS for Best Use of AI in FinTech, and MoneyGram for Best Use of Blockchain in FinTech. eMoney Advisor was recognized as the Best Overall FinTech Company.

The FinTech Breakthrough Awards program, part of Tech Breakthrough, seeks to honor excellence in Financial Technologies and Services. The awards provide public recognition for the achievements of FinTech companies and products in various categories. The winners are selected based on an in-depth research methodology and proprietary scoring system. Companies do not pay a fee to be considered or win an award.

The FinTech Breakthrough Awards celebrate the innovators and leaders who are driving transformation in the FinTech industry. Their contributions are shaping the future of finance and paving the way for a more inclusive and technologically advanced financial ecosystem.