Nominations India FinTech Awards 2023 - India FinTech Forum

India FinTech Forum’s IFTA 2023

30th Oct - 1st Nov 2023
Mumbai, India

For other opportunities contact us on email: riny@indiafintech.com | mobile: +91 91379 29779

IFTA 2022 WINNERS

Fintech Leader of the Year

Nithin Kamath, Zerodha

Woman Leader in Fintech

Pallavi Shrivastava, Progcap

Fintech Startup of the Year

Pismo Labs

Fintech Scaleup of the Year

Valocity Global

Most Innovative Fintech Product

Open Financial Technologies

Fintech Rising Star

Revfin

Fintech Rising Star

Progcap

Fintech Rising Star

Decentro

Fintech Rising Star

BondEvalue

Best Fintech Business Lender

Vayana

Best Fintech Consumer Lender

Paisabazaar

Best International Fintech in India

Drip Capital

Best FinTech Ecosystem Partner

Rainmatter

Most Innovative Bank of the Year

Airtel Payments Bank

Best Fintech Initiative For Social Impact

Spice Money

Excellence in Payments

One97 Communications(Paytm)

Best Use of AI in Fintech

Feedzai

Most Innovative Blockchain or Crypto Product

Chainalysis

Best Innovation in RegTech

National e-Governance Services Limited (NeSL)

Best Innovation in WealthTech

Scripbox

Best Technology Company for Fintech Solutions

IDEMIA

Most Innovative Neo Bank

Chqbook

Excellence in InsurTech

Digit Insurance

Nomination Categories

Fintech entrepreneurs, leaders and companies from across the globe may apply for the prestigious India FinTech Awards (IFTA) 2023.

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Most Innovative Fintech Product

This Award is for a fintech organization or a financial services firm which has created an innovative fintech product. Success can be measured through a number of factors including creation of new product / customer segment, usage of disruptive technologies, scalability and impact on the fintech ecosystem.

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  • Any fintech company, financial services/ technology firm or any organization that has developed a new and innovative fintech product.
  • Nomination processing fee is not applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions

Fintech Startup of the Year

Startup that shows the best demo of an innovative fintech product. Only a working product demo will be allowed (no presentation slides or videos without a working product). The product must be related to the fintech sector. Beta stage products that are not yet live may also apply.

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  • Any fintech startup across the globe that was incorporated after 1st January 2017. The location of the startup can be anywhere in the world as the demo will be held online. The startup should not be a part (eg. a subsidiary or a joint venture) of another organization that was incorporated before 1st January, 2017.
  • Nomination processing fee applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions

Fintech Scaleup of the Year

A mature company that shows the best demo of an innovative fintech product. Only a working product demo will be allowed. No presentation slides or videos will be allowed without a working product. Beta stage products that are not yet live may also apply.

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  • Any organization across the globe working in fintech/ financial services/ technology that would like to demo its product. The date of incorporation of the company should be before 1st January, 2017.
  • Nomination processing fee applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions

Best Innovation in Digital Lending

This Award is for an innovative Fintech Lender (B2C or B2B) which has demonstrated significant success during last one year. Success will be measured through a number of factors including creation of new product / customer segment, customer impact, usage of disruptive technologies, virality, scalability and profitability.

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  • Any organization across the globe working in fintech/ financial services/ technology dealing with B2C lending.
  • Nomination processing fee is not applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions

Best International Fintech in India

This award is for an International organization which has entered India recently and has acquired signification traction with Indian clients and organizations.

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  • Entered India after 1st Jan 2017 and operating in the fintech sector.
  • Nomination processing fee is not applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions

Best Fintech Initiative For Social Impact

This Award is for any innovative Financial Institution/ Company which has utilized disruptive technology for significant social impact. Success will be measured through a number of factors including customer impact, how technology was applied to enable financial inclusion, scalability and social impact.

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  • Any Financial Institution, Bank, Startup, NGO or Company that has used innovative technology for significant social impact.
  • Nomination processing fee is not applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions

Excellence in Payments

This Award is for an innovative payments organization which has demonstrated significant success during last one year. Success will be measured through a number of factors including creation of new product / customer segment, customer impact, usage of disruptive technologies, virality, scalability and profitability.

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  • Any fintech company, financial services/ technology firm or any organization that has developed a new and innovative digital payment product. Innovation related to payment processes or hardware shall also qualify for this award.
  • Nomination processing fee is not applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions

Best Use of AI in Fintech

This Award is for an innovative Artificial Intelligence (AI) organization which has demonstrated significant success during last one year. Success will be measured through a number of factors including creation of new product / customer segment, customer impact, usage of disruptive technologies, virality, scalability and profitability.

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  • Any fintech company, financial services/ technology firm or any organization that has developed a new and innovative use of artificial intelligence (AI).
  • Nomination processing fee is not applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions

Best Innovation in RegTech

This Award is for an innovative regulatory technology organization which has demonstrated significant success during last one year. Success will be measured through a number of factors including creation of new product / customer segment, customer impact, usage of disruptive technologies, virality, scalability and profitability.

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  • Any organization across the globe working in fintech/ financial services/ technology
  • Nomination processing fee is not applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions

Best Innovation in WealthTech

This Award is for an innovative wealth technology organization which has demonstrated significant success during last one year. Success will be measured through a number of factors including creation of new product / customer segment, customer impact, usage of disruptive technologies, virality, scalability and profitability.

Apply Now

  • Any organization across the globe working in fintech/ financial services/ technology related to wealth management, investments, personal finance, stock trading, asset management etc.
  • Nomination processing fee is not applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions

Best Technology Company for Fintech Solutions

This Award is for a technology firm, which has created innovative solutions for building Fintech business including loan management system, loan origination system, payment platforms, wealth platforms etc. Success will be measured through a number of factors including customer impact, usage of disruptive technologies, impact on fintech ecosystem, scalability and number of customers.

Apply Now

  • Any organization across the globe working in fintech/ financial services/ technology
  • Nomination processing fee is not applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions

Excellence in InsurTech

This Award is for an innovative Insurance Technology company which has demonstrated significant success during last one year. Success will be measured through a number of factors including creation of new product / customer segment, customer impact, usage of disruptive technologies, virality, scalability and profitability.

Apply Now

  • Any organization across the globe working in fintech/ financial services/ technology
  • Nomination processing fee is not applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions

Best Initiative for Financial Literacy

This award recognizes the best initiative in financial literacy by any institution or company that has made significant contributions towards enhancing financial literacy and empowering individuals to make informed financial decisions. The winner will be evaluated based on the effectiveness and creativity of their financial literacy program, its impact on the target audience, and the sustainability and scalability of the initiative.

Apply Now

  • Any organization across the globe working in fintech/ financial services/ technology
  • Nomination processing fee is not applicable (Terms)
  • Submitting an application indicates your agreement with the associated terms and conditions
Important Terms:
  • There is no restriction on the number of award categories that you may apply for, as long as the eligibility criteria is met. To keep the shortlisting process fair and independent, there is no fee for submitting any nomination.
  • All submitted nominations are shared with an external Panel of Judges to come up with a merit list. Only companies on this merit list are uniformly invited to confirm participation in the final round.
  • Please note that nominees must attend the India FinTech Awards (IFTA) 2023 in order to participate and win an award.
  • No fee is required for any of the award categories, except for the online demos.
  • Further details may be requested before the final round of assessment.
  • Applicants whose nominations are finally selected shall receive a discounted IFTA 2023 ticket along with a complimentary annual IFF Premium Membership.
  • Winners in any of the nomination categories can use IFTA logo and branding in their marketing materials, website and email signature for 1 year.
  • The decision by India FinTech Forum in consultation with our Event Partners and Panel of Judges shall be final in all matters related to nomination and selection of winners.
  • Please do not submit any confidential data as multiple parties are involved in the assessment.
  • The participating organisation authorises India FinTech Forum to publish its name, logo and profile on India FinTech Forum’s promotional material including website, social media channels, ads, and any event-related materials.
Important Terms:
  • There is no restriction on the number of award categories that you may apply for, as long as the eligibility criteria is met. To keep the shortlisting process fair and independent, there is no fee for submitting any nomination.
  • All submitted nominations are shared with an external Panel of Judges to come up with a merit list. Only companies on this merit list are uniformly invited to confirm participation in the final round.
  • Please note that nominees must attend the India FinTech Awards (IFTA) 2023 in order to participate and win an award.
  • If your company is selected for an online demo at IFTA 2023, the application processing fee shall be Rs. 30,000 for an Indian company or USD 700 for any company incorporated outside India. The online demo will provide an opportunity to present your product to thousands of attendees from the global fintech industry.
  • Further details may be requested before the final round of assessment.
  • The application processing fee includes two IFTA 2023 tickets along with complimentary annual IFF Premium Membership.
  • Winners in any of the nomination categories can use IFTA logo and branding in their marketing materials, website and email signature for 1 year.
  • The decision by India FinTech Forum in consultation with our Event Partners and Panel of Judges shall be final in all matters related to nomination and selection of winners.
  • Please do not submit any confidential data as multiple parties are involved in the assessment.
  • The participating organisation authorises India FinTech Forum to publish its name, logo and profile on India FinTech Forum’s promotional material including website, social media channels, ads, and any event-related materials.

AWARD VIDEO AND PRODUCT DEMOS

IFTA Media Coverage

WHY NOMINATE FOR IFTA

If your company makes it to the the final round:

  1. You will have an opportunity to win the prestigious IFTA 2023 award in the applicable category.
  2. You will get 3 Premium Memberships (worth INR 27,000) of India FinTech Forum for 1 year. The three memberships can be utilized for online networking and access to exclusive content throughout the year. The complimentary memberships may be used by your CXOs, directors, employees, guests, partners, clients, investors etc.
  3. Your company’s profile will be shared with the esteemed Panel of Judges consisting of industry leaders.
  4. You will get an opportunity to network with IFTA attendees.
  5. Your company’s name and logo will be promoted on our website and social media.

 

If your nomination is also selected for a demo, you shall get the following special benefits:

  1. An opportunity to showcase your product to thousands of attendees from across the globe. The online demo will be presented during IFTA 2023 followed by a live Q&A session with Judges.
  2. A virtual stall (a custom landing page) where you will be able to share brochures, videos, contact details etc. and collect leads.
  3. An opportunity to win either the IFTA Startup of the Year or IFTA Scaleup of the Year award, depending on the year of incorporation.

 

If you win in any category, you shall receive:

  1. Recognition of your groundbreaking work, to further strengthen your brand and get great PR. The recognition and visibility is invaluable in front of potential investors.
  2. Authorisation to use IFTA logo and branding in your website and other marketing materials such as press release, social media, brochures etc.
  3. IFTA Winner’s badge that can be included in your organisation’s email signature for 1 year.

Will you be the next winner at IFTA 2023?

APPLY NOW

NOMINATION PROCESS

Stages in the nomination and awards process:

  1. Applicants shall submit the online nomination form. Multiple categories can be selected in the online form. No fee is applicable at this stage to keep the process fair and independent.
  2. All submitted applications are shared with an external Panel of Judges and Partners. Please do not submit any confidential data as multiple parties are involved in the assessment.
  3. The Panel of Judges and Partners decide the category-wise merit list.
  4. Applicants on the merit list for Fintech Startup of the Year and Fintech Scaleup of the Year award categories get an opportunity to demo their product in front of the esteemed Panel of Judges for the final round. Only these applicants are uniformly invited to confirm their participation in the final round by paying a nominal application processing fee.
  5. If your company is selected for an online demo at IFTA 2023, the application processing fee shall be Rs. 30,000 for an Indian company or USD 750 for any company incorporated outside India. The online demo will provide an opportunity to present your product to thousands of attendees from the global fintech industry. The companies that demo will compete for the prestigious IFTA awards: Fintech Startup of the Year or Fintech Scaleup of the Year. This application processing fee for the online demos is non-refundable and non-negotiable. Non-receipt of application processing fee within the stipulated period shall indicate that the shortlisted company has regretted the invitation to participate. The application processing fee provides 2 IFTA tickets along with complimentary annual IFF Premium Memberships.
  6. There is no application processing fee for any of the other award categories (opportunity to demo a product is not included).
  7. Category-wise finalists are announced on IFTA website and social media.
  8. Judges do a final round of assessment for each award category, and results are compiled by an independent firm.
  9. Category-wise winners are announced on the IFTA website and social media.
  10. IFTA Award Ceremony will be held in Mumbai, India.
Past attendees loved IFTA!

Read what they had to say

Valocity Global had an incredible experience at the IFTA Awards. Attending as a Fintech Finalist presented a great opportunity to demonstrate the Valocity platform to leading key lenders and participants in the banking ecosystem and the highlight was undoubtedly winning Fintech Start Up of the Year!

Valocity Global was very impressed with the IFTA Forum by the breadth and depth of attendees and especially the wide range of innovative attendees coming from all over the globe. What a great opportunity to collaborate and network – we will definitely be back!

Carmen Vicelich
CEO and Founder, Valocity Global

The team at Simpl is ecstatic at this honour. We are both happy and proud to be awarded Fintech Startup of the Year, as an acknowledgement of the hard work we have put into building a product that completely reimagines the payment experience, both for merchants and consumers. This award is a recognition of all the hard work the team has put into creating a new category of payments and a breakthrough consumer experience. I would also like to thank IFTA for organizing a top of the class event that included the best from the Fintech space and a truly enriching experience.

Nitya Sharma
Co-Founder & CEO, Simpl

I was mighty impressed with the depth and the quality of young companies presenting at IFTA 2019. Fintech is now better understood and there’s always a risk that such events become a rehash of what worked yesterday. In that respect I would say that IFTA 2019 was very refreshing and it will make me want to come back for IFTA 2020.

Mr. Rajeev Ahuja
Executive Director, RBL Bank

Our technology and our team is what we trust in the most. This recognition by IFTA is a sign that our efforts in revolutionising the financial ecosystem are in the right direction. I would like to thank IFTA for a well-organised forum – it was a great evening and extend my congratulations to all the winners and participants

Harshil Mathur IFTA

Harshil Mathur
CEO and Founder, Razorpay

I am honoured to win the Woman Leader in Fintech award at IFTA 2019. A lot of great conversations happened during India FinTech Awards that brought together different perspectives on all the latest developments in fintech.

Mabel Chacko
Co-founder and COO, Open Financial Technologies

The award opened doors to several Indian banks and added weight to our innovation in a market we were keen to enter.
The pitching process and the judges were very professional and we enjoyed the experience thoroughly. Thank you!

Kate Davis
Head of Marketing, MeReal Biometrics

It was such a great honor to be awarded Fintech Rising Star at IFTA. We are a global platform that has been establishing many partnerships with Indian based companies to help with our global expansion. The relationships we were able to build at the event, and the recognition received thereafter as a result of winning the award, are invaluable to our mission to become the world’s leading fintech platform.

Mike
Co-Founder, Hydrogen

Unlike other award functions, IFTA is more about brining relevant ecosystem stakeholders together. It provides a platform for them to interact, share knowledge, appreciate the achievements and understand the trends within this very dynamic FinTech ecosystem.

Vikram Pandya
Director - Fintech, S P Jain School of Global Management

IFTA’s ‘Fintech Start-Up of the Year’ award in 2016 was among the first honourable recognitions Capital Float received. The award acknowledged the company’s immense potential to disrupt financial services and be a chief driver of technological innovations in the space. The Indian Fintech Forum continues to encourage tech-driven start-ups in BFSI to push the envelope and support India’s objective of being a Fintech superpower.

Gaurav Hinduja
Co-Founder, Capital Float

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