Innovate Finance, the leading voice for UK’s global Fintech industry, has announced the winner of Pitch360, its Fintech startup competition. The winner of the competition is Exate Technology, a data privacy firm that operates in the Regtech category. Along with being recognized by Innovate Finance, Exate Technology receives a £10,000 cash prize.
“We are thrilled to have been selected as the winner for the RegTech and Best Overall categories at the IFGS Pitch360. This is a great validation of both the importance of data privacy, as well as our solution,” commented Peter J. Lancos, CEO Exate Technology.
Charlotte Crosswell, CEO of Innovate Finance, said the talent exhibited at this year’s competition is testament to the UK’s top spot when it comes to Fintech.
“The rapid rise of Fintech as a sector has disrupted every aspect of financial services as we know it and these new technologies are continuing to push the industry to the forefront of innovation. We are delighted to support Exate in maximising their growth potential and to help the industry evolve and move forward.”
Exate will also receive complimentary membership to Innovate Finance, tickets to the 2019 Innovate Finance Global Summit and the opportunity to access top policy, PR and advice. Exate Technology will also be the first organisation to be accepted onto the expanded Global FinTech Mentors Program from Innovate Finance partner Hogan Lovells.
Pitch360 took place this week during Fintech week. The finalists represented eight categories: AI, Banking / Enterprise solutions, Distributed Ledger Technology (Blockchain), Financial Inclusion, Payments and FX, P2P / Alternative Lending, Personal Finance management / Robo-advising and Regtech.
Winners of the individual categories include:
- Banking Enterprise: Akoni
- DLT: Hiveonline
- AI: Axyon.ai
- Financial Inclusion: Trezeo
- Payments and FX: Divido
- P2P: StrideUp
- Regtech: Exate Technology (*Overall Winner*)
- Personal Finance: pia
Judges for the competition included Andrei Brasoveanu, Vice President of Accel Partners, Bipin Sahni, EVP, Head of Innovation and R&D, Innovation Group at Wells Fargo, Catherine Wines, Co-Founder of WorldRemit, Dejan Kusalovic, Global Head of FinTech Enabling, Intel Corporation and Henry Ritchotte Founder of RitMir Ventures.
“The range and depth of the presentations were amazing and demonstrated that the FinTech sector is really buoyant. Well done to all the participants and big congratulations to the winner, Exate. Their proposed solution to data is very relevant in the current environment,” said Pitch360 judge Catherine Wines, Co-Founder WorldRemit.