FINNIES: Entries are flooding in for Australia's fintech industry awards

Business Insider is the proud exclusive media partner for the 2018 Finnies, the annual Fintech Australia awards recognising leadership and innovation in the nation’s financial technology sector. Read more on the awards. »
The winners of the 2017 Finnies. Image: Supplied.

The 2018 Finnies, the second year of awards for Australia’s fintech players, is already attracting strong interest.

With submissions closing this Sunday, 34 entries have already been completed for the 2018 awards, with another 96 in progress.

Finalists will be announced at a gala awards ceremony in Sydney on June 13.

There are 23 categories to the awards, including FinTech Organisation of the Year, Outstanding FinTech Leader of the Year, Female FinTech Leader of the Year, Emerging FinTech Leader of the Year and Emerging FinTech Organisation of the Year.

Fintech companies also have the opportunity to be recognised for excellence in sectors such as lending, wealth management, payments, crowdfunding, blockchain, artificial intelligence and regtech.

This year a new award category has been introduced for the best fintech customer experience/design outcome.

“Our Finnie awards are an important way to celebrate the best and brightest in our rapidly growing and exciting fintech industry,” says FinTech Australia chair Stuart Stoyan.

“The Finnies are the one night of the year when the entire fintech community comes together to recognise the individuals and companies who are making a huge contribution to our industry.

“The award categories have also been specifically designed to help showcase companies which are tackling many of the barriers to our industry’s growth, as highlighted in our EY FinTech Australia Census.

“This includes fintechs that are driving female leadership and participation, successfully collaborating with banks and other financial institutions, expanding internationally and creating great market awareness of their product.”

The inaugural FinTech Organisation of the Year Afterpay says the award last year helped the company’s brand awareness and industry backing.

“The award gave Afterpay external appreciation for the hard work and effort our dedicated team puts into the business day in, day out,” says Nick Molnar, the CEO of Afterpay.

Jobs for NSW will again be the presenting partner for the Finnies, part of the state government’s strategy to make Sydney a centre of excellence for fintechs.

“NSW is the capital of Australia’s fintech industry and home to 54% of fintech companies so we are delighted to host and support the nation’s only fintech industry-backed awards right here in Sydney,” says Deputy Premier and Minister for Small Business John Barilaro.

“Technology is transforming financial services and we recognise the high potential to grow our fintech industry to generate future economic returns and jobs for our state.

“As well as celebrating our fintech champions through the Finnies, we are investing $35 million in the Sydney Startup Hub which is home to leading fintech accelerator Stone & Chalk.

“Through Jobs for NSW we have supported about 30 fintechs to date investing over $800,000 in their growth including companies like Pennybox and FarmPay.”

(Backed by Jobs for NSW, the Finnies are Australia’s only industry-backed fintech awards. Business Insider Australia is the proud exclusive media partner of the Finnies. We will be bringing you all the best stories from Finnie entrants and Australia’s fintech industry in the lead-up to the gala awards ceremony on June 13. Find out more here.)

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