openPR Logo
Press release

Fintech Company Cloudasset wins the “Most Revolutionary Fintech of The Year 2019” award

10-24-2019 04:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Cloudasset

Photo by Helsinki Fintech Farm

Photo by Helsinki Fintech Farm

Nordic Future Digital Finance Forum’s 8th edition was held in Valkoinen Sali, Helsinki on 22-23 October.
The two-day event brought together hundreds of professionals from all around Europe including Fintechs, banks, investors and regulators. As part of the event Helsinki Fintech Farm organised the Revolutionary Fintech of the Year final with the objective of identifying the most innovative and scalable company of 2019.
The search for candidates started in August when finalists were chosen based on nominations from the public. Cloudasset was one of the six finalists chosen. The other finalists were Mash, Invesdor, Prasos, Bankify and Tomorrow Tech.

The highlight of the event took place Tuesday evening when the finalist were given a chance to pitch on stage in front of the selection committee and live audience. The prestigious jury consisted of seasoned professionals Jupe Arala from Vendep Capital, Sami Toivoniemi from Deloitte and Isobel Nordström from Citi.
According to Helsinki Fintech Farm “The judges were chosen to represent various industry groups to ensure a wide range of opinions were considered. They also received material on each company prior to the stage appearances.”

Cloudasset’s CEO Hasan Malik gave an energetic pitch on the stage showcasing P3, a holistic payment system platform that digitises end-to-end flow of funds between consumers, merchants and financial institutions to create realtime payment ecosystems.

The jury had emphasised that the attributes of the winning company should be Vision, Innovation, Entrepreneurship, Scalability and the level of disruption.
The decision was not easy, with the Jury taking extra time to decide, but finally Isobel Nordström from Citi announced the winner; it’s Cloudasset! P3 had ticked all the boxes on the Jury’s selection criteria and further impressed the jury with its complete, holistic approach and super scalability.

“We are humbled to be chosen for this great award. This is a major milestone in our start up journey and we are grateful for the confidence and validation of the judges and the Fintech community. We look forward to playing a role in establishing Finland as a global Fintech leader.” Hasan, CEO of Cloudasset says.

Vilma Valtonen
+358 40 350 5578
vilma.valtonen@cloudasset.com
https://p3.fi/
Tallberginkatu 1 / D 536
00180 Helsinki

Cloudasset is a Finland based Technology Innovator that develops Cloud Native Platforms for Digital Payments and AI Technologies to create unique products & solutions to address the challenges of today’s digital economy.
P3 is a Fintech platform featuring an interactive payment service for the digital societies, painlessly connecting consumers, merchants & financial institutions.
P3 offers a comprehensive suite of tools and services, enabling institutions to quickly set up a state-of-the-art payments ecosystems, which includes payment acceptance & processing, issuance & digital wallets and digital merchant solutions for a variety of business types and market demands.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fintech Company Cloudasset wins the “Most Revolutionary Fintech of The Year 2019” award here

News-ID: 1856359 • Views: 637

More Releases from Cloudasset

Pakistan Mercantile Exchange PMEX chooses Cloudasset for their global digital pa …
Cloudasset, Helsinki based Fintech company, has signed a 3-year agreement with Pakistan Mercantile Exchange (PMEX) on December 16, 2019, to digitise their Global Payments and fund flows for Domestic and International customers. Under the agreement, Cloudasset’s P3 global platform will provide real time payments with international fulfilment and settlement making transactions carried out at the exchange and its partners faster than ever before. P3 provides PMEX enhanced control over costs
Finnish Fintech startup Cloudasset scores two category wins and a Grand Prix Spe …
Cloudasset, a Helsinki based Fintech company, competed in Worldline’s E-Payments Challenge beside 26 Fintechs from around Europe. Cloudasset was awarded the most number of awards per company in the Worldline E-Payments Challenge this year including the Worldline’s Grand Prix Special Prize. Worldline, the European leader in the payment and transactional services industry, hosted a three-day Worldline E-Payments Challenge hackathon from 17th-19th September in Frankfurt, Germany. The challenge presented an outstanding opportunity to
Building a digital water management system for Thailand
Effective water management is crucial for both Thailand’s large agricultural sector and for its fast-developing high-tech manufacturing sector. Cloud Asset’s Digital Solution for Water Management integrated over 40 databases and data from satellites and over 30,000 sensors to provide Thailand with near real-time monitoring & management with short-term and long-term forecasting for water availability and flood and drought predictions. In 2011 severe flooding in Thailand caused 815 deaths and US$46.5 billion

All 4 Releases


More Releases for Fintech

Artificial Intelligence in Fintech Market
AI is expanding the development of Fintech Companies and taking care of human issues, by increasing efficiency. AI helps Fintech companies in resolving human problems, by enhancing efficiency. AI improves results by applying various methods derived from the various aspects of Human Intelligence at a beyond human scale. In the finance industry, AI is used to examine cash accounts, credit accounts, and investment accounts to look at a person's overall
BW Festival Of Fintech: A Comprehensive Fintech Colloquy
Business World’s Festival of Fintech is a two-day informative summit that will inform, illustrate and recognize the changes in the dynamic Fintech industry. Business World brings forth Festival of Fintech, an exclusive conclave on Fintech innovation and growth on the 12th and 13th of February, 2021. The event will include expert panels and an industry award ceremony that recognizes excellence in all the ambits of the Fintech field. The
Fintech Investment Market: Here’s Why 2020 Could Be Another Strong Year for Fi …
Global Fintech Investment Market research report presents a comprehensive overview, market shares, and growth opportunities of Fintech Investment market by product type, application, key manufacturers and key regions and countries. This report offers comprehensive analysis on global Fintech Investment market along with, market trends, drivers, and restraints of the Fintech Investment market. This report includes a detailed competitive scenario and product portfolio of key vendors ZhongAn (China), Oscar, Wealth front,
Bouchard Fintech
Information provided by Bouchard Fintech The US, at least this current administration, has mystified its European Union business and political partners. The EU represents one of the very largest economies on the planet. The EU is also very much a trusted ally of the US. The EU market continues to be a fertile ground for US exports. So, it was quite a surprise that the US seemed to be picking a
Rising Digital Connectivity and Cheaper FinTech Services to Drive the US FinTech …
Digital connectivity, faster payment options, lower customer acquisition costs through referrals on the social networks have all contributed to the growth and innovation in the FinTech in the US. The FinTech market has increased in terms of the transactional value from 2010 to 2015 at a CAGR of 24.5% during 2010-2015. Digital payment segment (consisting of digital commerce, mobile wallets and P2P money transfers) was by far the most revenue
TAG FinTech Announces Date for FinTech Georgia 2011
Second Annual Symposium Includes Discussions on Monetizing Financial Data and the Impact of Regulations on Payments ATLANTA (September 6, 2011) – TAG FinTech, a society of Technology Association of Georgia (TAG), announced that FinTech Georgia 2011 will be held November 16 from 10:00 a.m. -7:00 p.m. at the Ritz Carlton, Buckhead. The second annual symposium will showcase some of the leading financial and payment industry executives discussing the future of technology,