The UK Business Tech Awards is poised to honour trailblazers in the tech industry. These awards shine a light on outstanding achievements, recognising both individuals and organisations pushing the boundaries of technology.
As anticipation builds for the November ceremony in London, attention turns to one of the most competitive categories – FinTech Innovator of the Year. Let’s explore the groundbreaking contributions of the shortlisted nominees.
Yobota: Pioneering Financial Flexibility
Yobota has developed an innovative cloud-based platform catering to financial services, including banks and carmakers. It supports a range of customised financial products such as savings, lending, and mortgages, offering modularity for swift deployment.
Launched in 2018, Yobota powers Chetwood Financial, enabling instant loan eligibility checks without affecting credit scores. This solution ensures funds are transferred to customers’ accounts within four hours, enhancing customer experience.
With many financial services firms stumbling over core banking migrations, Yobota presents a competitive market solution that safeguards customer interests.
Wobbegong Technology: Revolutionising R&D Tax Claims
Wobbegong Technology, a Software as a Service start-up, offers firms a smarter way to process R&D tax credit claims through its WhisperClaims platform.
The system is unique in generating detailed documents and calculations for R&D claims independently, eliminating consultant input. WhisperClaims reduces claim processing time from months to an hour, cutting costs significantly.
This platform utilises modern technologies like React and JavaScript, enabling accountants to broaden their service scope, aligning with the cloud-based transformation in the accountancy sector.
Invstr: Democratizing Investment Education
Invstr, a groundbreaking platform, offers financial education and trading to users, allowing investments from as little as $1.
The app transitions users from a risk-free learning environment to real investments, supported by market intelligence and insights from other investors. Users can trade fractional shares, thus lowering the entry barriers to investing.
Founded by former Deutsche Bank MD Kerim Derhalli, Invstr integrates AI to customise user experiences. With half a million downloads across over 190 countries, Invstr showcases its global impact.
The Judging Panel: Esteemed Experts Oversee the Awards
The FinTech Innovator of the Year award shortlist is evaluated by a distinguished panel of judges, including David Hardman, MBE, and Louize Clarke.
The panel’s composition reflects a wealth of experience from diverse sectors, including Elizabeth Clark of Dream Agility and Richard Gregory, formerly of Tech North.
This collective expertise ensures a rigorous and fair evaluation process, highlighting the most deserving innovators in the FinTech sector.
Event Highlights and Expectations
The UK Business Tech Awards ceremony is scheduled for November 20 at London’s Montcalm Marble Arch, promising a night of celebration and recognition.
A total of 18 awards will be presented, with FinTech Innovator of the Year being a closely watched category, thanks to the calibre of finalists.
The Future of FinTech Innovation
This year’s nominees illustrate the diverse opportunities within the FinTech industry, from innovative banking solutions to educational trading platforms.
Their contributions not only reflect current industry trends but also set the stage for future developments in finance technology.
The FinTech sector continues to evolve, driven by innovation and a commitment to improving financial accessibility and efficiency.
Join the Dialogue on FinTech Advancement
The ongoing innovations within FinTech invite dialogue and collaboration among industry leaders.
Such conversations are crucial as digital transformation reshapes the financial landscape, offering new challenges and opportunities for growth.
The UK Business Tech Awards recognises pioneers leading FinTech’s evolution. Their innovative solutions are shaping the industry’s future, aligning with market needs. The ceremony underscores the transformative impact of technology, celebrating those driving progress. The FinTech Innovator of the Year category exemplifies excellence and foresight, setting a benchmark for future advancements.