Akoni, a UK-based digital cash treasury manager, has been named as one of the most influential fintech companies for 2018 in an announcement made by global specialists in financial services technology and sales recruitment, Harrington Starr.
Founded in 2015, Akoni, which is FCA licensed and regulated, describes itself as a digital cash treasury manager which helps SMEs make the most of their cash by ensuring they always have access to the best interest rates possible for their savings. The easy-to-use platform not only helps SMEs maximize their cash but also gives banks access to an underserved market where they can foster business client loyalty, reduce relationship management time and efficiently comply with Basel III liquidity requirements.
“We integrate with leading banks, we bring you updated savings options personalised to your preferences; ensuring your cash is always earning the best possible returns.”
According to Akoni, the inaugural Definitive List of the 100 Most Influential FinTech Companies was compiled for Harrington Starr was created by a panel of experts from EY, the London Stock Exchange, Lloyds Banking Group, Baringa, CBPE Capital, Seismic Foundry, Innovate Finance, The Realization Group, London & Partners and Financial Technologist Magazine. The company revealed it was selected from more than 2000 companies for its potential to drive innovation, provide real technological solutions, customer experience and delivery, along with improving the financial services industry. Speaking about the list, Akoni Co-founder and CEO, Felicia Meyerowitz Singh shared:
“We are honoured to be recognised by Harrington Starr as one of the 100 Most Influential FinTech Companies for 2018. In 2015, we embarked on a mission to fix a situation where small businesses are denied access to decent interest rates for their cash while large corporates make great returns. We are very proud to have gained the recognition of judges from some of the UK’s most influential financial institutions, incubators and accelerators, for our commitment to delivering on that mission.’
The Definitive List of the 100 Most Influential FinTech Companies 2018 was published in the Q1 2018 edition of The Financial Technologist this morning. Previously known as The Fintech Capital, the Financial Technologist is a quarterly magazine published by Harrington Starr.
Akoni also revealed that it plans to expand its offerings to SMEs and work with banks to improve provision of their offerings to commercial clients later in 2018.