The best of the US fintech ecosystem in 2024
The prestigious US FinTech Awards, produced by FinTech Intel, recently celebrated the remarkable achievements of the brightest innovators and leaders in the financial technology sector at the 2024 awards ceremony.
The awards ceremony, held at The Rooftop at Edison Ballroom on November 14, saw the winners crowned in the over 20 categories. A distinguished panel of expert judges engaged in rigorous deliberation to select the winners, recognizing their outstanding contributions to the ecosystem.
Read on to see who took home the prize in each category. Congratulations to all the winners!
Thank you again to our sponsors Alumni Ventures, Altvia, Mass. Fintech Hub, Matrix Applications, NewCo Capital Group and STP Investment Services.
The list of winners in full:
Data Initiative of the Year: Amberdata
This winner is offering a unique proposition. They’re very innovative when it comes to simplifying digital asset structure, and have really high levels of creativity and scalability.
LendTech of the Year: Union Credit
The judges were impressed by this company’s marketplace, which highlights overlooked community financial institutions and gives consumers make better, more informed choices.
Rising Star of the Year: Nishimwe Goreth from First Rate
The judges were impressed with this winner’s commitment to supporting their colleagues. They own a training committee and have been instrumental in promoting growth and fostering an environment of continuous learning and development.
RegTech of the Year: DataVisor
This entry stood out to the judging panel due to their innovative use of AI, which they use to address the growing complexity of fighting fraud and money laundering, which can often exploit vulnerabilities in old, legacy systems.
Startup of the Year, sponsored by Alumni Ventures: TRM Labs
The judges were impressed with this entry because the company has worked closely with OFAC and individual exchanges to make it easier for consumers to make sure they’re not using sanctioned wallets. The technology is unmatched in the blockchain industry.
Accounting Tech of the Year: Autire Technologies
This entry stood out because it has a broad range of applicability. Their automated auditing of 401k is a real breakthrough for back office processing.
Investment Tech of the Year: DriveWealth
The judges were impressed with this entry because the company has gathered an extensive range of investment products under a single API. This has opened the investment market much more broadly, promoting financial inclusion.
WealthTech of the Year: Farther
The judges choose this entry because the company has recently raised additional funding, allowing them to continue their journey of bringing a new generation into wealth and wealth advisors.
PayTech of the Year: Orum
This entry stood out to the judges because even though it’s quite new in terms of tech, it’s already having a huge impact. Instant bank account verification has the potential to revolutize payments.
InsurTech of the Year: Quility
The winner of this award is transforming the life insurance industry, helping to make it better for both agents and customers. They work alongside the nation’s leading providers to make it easier to buy and sell policies.
Personal Finance Tech of the Year: Financial Finesse
This entry stood out due to the company’s focus on providing unbiased decision-making. The judges also really liked that the company offers employees coaching on financial wellness.
Best Employer Award: FloQast
The judges were impressed with this company’s investment in professional development for their employees. They offer this to all staff, from new hires to experienced managers, with a range of training and advancement programs.
Young Achiever of the Year: John Shammas from DriveWealth
The winner of this award has helped drive the success of their company through securing major partnerships with global brands. They also created their company’s first API platform.
Banking Tech of the Year: FINBOA Inc
This winner was chosen because the dispute process is a mess, and the judges like that this company is working on automating it, as well as making it more transparent. They were also impressed by this company’s payments resolution processes.
Director of the Year: David Knoch from Docupace
The judges chose this winner because they’ve overseen a golden era for their company, reducing turnaround times by over 50% in the last 12 months. This has led to increasingly positive outcomes for customers and high levels of client satisfaction.
Innovator of the Year: Rob Neely from Securely Holdings Pty
This winner has established a new banking rail, which the judges found to be incredibly impactful. The technology and their use of it is really game changing.
Team of the Year: Docupace Technologies
This entry stood out to the judges because they’re keeping humans at the center of everything they do. Even though it’s a fintech company, they recognize that ultimately, it’s people, and they’ve made theirs more accessible to advisors and clients.
Disruptor of the Year: Kinectify
The judges chose this entry as the winner because of their work on AML for casinos. They’ve really disrupted the market to become a major player, using AI to fill out suspicious activity reports.
Crypto Award: iTrustCapital
The judges were impressed by the fact that this company has made it so that crpytocurrencies can be traded inside an IRA. Their innovative platform is one of the first to market, and the user-friendly interface caters to both beginners and experienced investors.
FinTech Partner of The Year: FTI Technology
This entry stood out to the judges because they found it to be really innovative for the future in helping mitigate compliance for web3 and blockchain. Their case studies were very impactful at showing how the technologies can be leveraged.
FinTech of the Year: Borderless
The judges liked this entry because of their focus on global payments and doing impactful work. The judges said they’re one of the best in the blockchain borderless payments ecosystem, making things better across the world.
