The list is being compiled by Australian-based fintech investment firm, H2 Ventures in collaboration with KPMG International’s global fintech practice. Fintech Innovators was established to analyse the fintech space globally. The Fintech 100 will include both the leading 50 established fintechs, and the most intriguing 50 ‘emerging stars,’ expanding on the success of last year’s ‘50 Best Fintech Innovators of 2014’ list.
Go to fintechinnovators.com by 31 October 2015 and nominate your company, or any fintech you think should be considered.
The process for selecting the 50 top mature fintechs involves a universal search for innovative fintech companies as well as nominations. Companies will be ranked based on: total capital raised, rate of capital raising, location and degree of sub industry disruption and the judging panel's subjective rating of the degree of product, service, customer experience and business model innovation.
The 50 emerging fintech stars will recognise largely ‘undiscovered’ fintech companies, with the judges looking for the players of the future – companies from all over the world with fresh, new, disruptive ideas and industry solutions.
The list will be curated by a judging panel with members based in financial centres across the world. The 2014 list was topped by Wealthfront, Kabbage, Motif Investing, Klarna and Square.
The Fintech 100 will be announced in December via a series of parallel events held in Sydney, London, Hong Kong, San Francisco and Tel Aviv.
For top-ranked emerging fintechs, the benefits will extend beyond the raised profile.
Rod Drury, CEO of one of last year’s top 10 fintech innovators, Xero said: "The Best Fintech Innovators list shows just how large and important the fintech space has become for consumers and businesses of all sizes. Our recognition in last year's list validated our vision of the financial web connecting financial institutions to small businesses around the world, and spurred us on to increase those efforts this year. I would highly recommend others nominate this year — it will be exciting to watch how together we can grow small business in 2015."
Ten emerging fintechs will be invited to attend a Fintech Summit in London to pitch their ideas to some of the world’s leading financial institutions, venture capital funds and investors. In addition they will receive professional services support from KPMG member firms, plus membership and discounted deal-success rates with Matchi, the online fintech matchmaking platform.
Fintechinnovators.com publishes information on the world’s most successful, exciting and high impact new companies reshaping the financial services industry using new technologies.
According to H2 Ventures’ Ben Heap: “The top Fintech Innovators list was initially envisaged as a platform to uncover and track the leading fintech startups from all over the world, but much like the industry, it has come a long way in 12 months. For this year’s list we will include companies with that X factor that captures our attention – exciting new fintechs with bold, disruptive and potentially game-changing ideas.”
Ian Pollari, Global Co-lead of KPMG’s Fintech practice added: “Fintech is rapidly evolving and the Fintech 100 celebrates the most dynamic companies in the industry. These start-ups are pushing the frontier of new products, services, technology and business models in financial services.
KPMG’s Financial Services practice has launched the global fintech practice in order to leverage international investment activity and capability development in fintech across KPMG member firms. Warren Mead and Ian Pollari, partners with KPMG in the UK and KPMG in Australia respectively, have been appointed as global co-leads of the practice, along with a leadership team including partners from countries including the U.S., U.K., Israel, China & Hong Kong, India and Australia.
H2 Ventures is one of the emerging thought leaders in fintech venture capital investment around the world. Based in Sydney, Australia, it invests alongside entrepreneurs and other investors in early stage fintech ventures. Founded by brothers Ben and Toby Heap, H2 Ventures has established the H2 Accelerator – the first fintech Accelerator in Australia – through which it brings together entrepreneurs, ideas and investors. H2 Ventures also provides ongoing venture capital to support growing businesses that have the potential to become successful and substantial enterprises in the financial services industry.
Communications Manager – Innovation & Entrepreneurship, KPMG Australia
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