ICAEW ACADEMY OF PROFESSIONAL DEVELOPMENT
Future-proof your finance team
IN THE AGE OF DIGITAL DISRUPTION, WITH THE ACADEMY’S COMPREHENSIVE LEARNING AND DEVELOPMENT CURRICULUM
CPD courses Leadership programmes In-house training Over 240 courses to choose from Designed specifically to transform Tailored to your specific business needs, across various locations. Delivered by and empower you to make the step the Academy delivers programmes industry-leading trainers and relevant to change necessary to achieve your which are off-the-shelf, customised or professionals in all sectors. Book now leadership ambition. completely bespoke high-quality and get ahead of the game. training solutions.
CONTACT US FOR MORE INFORMATION: LEADERSHIP PROGRAMMES / IN-HOUSE TRAINING: icaew.com/academy/talent icaew.com/academy/tailored TEL: +44 (0) 207 920 8733 EMAIL: [email protected] CPD COURSES: icaew.com/academy TEL: +44 (0) 1908 248 159 EMAIL: [email protected]
2209_ICAEW_Acadamy_210x275_Finance_Monthly_Advert.indd 1 15/03/2018 12:35 INTRODUCTION INTRODUCTION
2020 INTRODUCTION INTRODUCTION
Finance Monthly is pleased to officially present its 2020 FinTech edition!
The FinTech sector is booming and it has continued growing at an unprecedented rate in the past few years. From crowdfunding to mobile payments and money transfer services, FinTech is revolutionising how businesses and consumers handle financial transactions and it will continue to do so in the new year.
Year upon year, the Finance Monthly FinTech Awards celebrate the true innovators who help drive the FinTech industry forward and help make the sector what it is today. We acknowledge and reward the individuals, firms, start-ups and banks who are recognised as leaders in their area of expertise.
As a leading industry publication, Finance Monthly reports on news and trends within the FinTech field every month, which makes us ideally placed to observe the sector and the most skilful and hard-working professionals that operate within it.
At Finance Monthly we are proud and excited to present our 2020 FinTech Awards – a celebration of the creators and innovators in the financial technology world!
Congratulations to our winners INDEX
2020
INTRODUCING THE WINNERS INDEX
EUROPE DENMARK
Ken Villum Klausen Lunar Way 12
GERMANY
Dr. Tamaz Georgadze Raisin 14
Igor Kuschnir Penta
Paul Herrera BITA
Valentin Stalf N26 16
SPAIN
David Riudor Goin
SWEDEN
Sebastian Siemiatkowski Klarna 18
UNITED KINGDOM
Anne Boden MBE Starling Bank 20
Francesco Simoneschi TrueLayer Ltd
Ishaan Malhi Trussle
Kristo Käärmann TransferWise
Lex Greensill Greensill 22
Nikolay Storonsky Revolut 24
Paul Lyon Wolters Kluwer
Peter Briffett Wagestream
Sarahjane Sacchetti Cleo
Shachar Bialick Curve
Tom Blomfield Monzo Bank 26
7 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM INDEX INDEX
AMERICAS BRAZIL
Alvaro Teijeiro RecargaPay 30
CAYMAN ISLANDS
David Bily Vantage FX 32
COLOMBIA
Ana Barrera Aflore
USA
Brian Armstrong Coinbase 34
Dmitry Voronenko TurnKey Lender
Jeremy Allaire Circle 36
Michael Ou CoolBitX
Steve Vamos Xero
Vladimir Tenev Robinhood Markets, Inc. 38
ASIA CHINA
Eric Jing Ant Financial 42
Greg Gibb Lufax
INDIA
Renu Satti Paytm
INDONESIA
Leonardus Wahyu Wasono Mihardjo Telin 44
8 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM INDEX INDEX
JAPAN
Mike Kayamori Liquid by Quoine 46
UNITED ARAB EMIRATES
Dimitris Litsikakis deVere Group Limited
Publicis Sapient Anglo-Gulf Trade Bank
AFRICA PAN-AFRICA
Milkah Wachiuri Cellulant 50
EGYPT
Ashraf Sabry Fawry 52
NIGERIA
Tayo Oviosu Paga 54
SOUTH AFRICA
Basil (Vasil) Sgourdos Naspers 56
AUSTRALASIA AUSTRALIA
Asher Tan CoinJar 60
Reji Eapen Pennybox
9 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM Advert 2018.pdf 1 23/03/2018 13:22
BRIDGE FUND MANAGEMENT
INNOVATION COMES IN DIFFERENT SHAPES AND SIZES
At Bridge Consulting we pride ourselves on how we innovate with clients. Servicing 100+ asset management clients
from Europe, North America and Asia, we offer a full range of customised fund solutions:
- An EU domiciled 3rd Party Super Management Company (“BFML” ) for UCITS or AIFs (“Alternative
Investment Funds”)
- Customisable Support Services for Proprietary Management Companies
- UCITS / AIF Platforms
- Designated Persons Service - Regulatory Compliance, Risk Monitoring & Fund Governance from Bridge’s
dedicated team of industry professionals.
Our objective is to let you concentrate on Investment Management & Distribution. We take care of the rest.
For further details contact us at [email protected] or [email protected]
*Bridge Fund Management Limited is regulated by the Central Bank of Ireland. www.bridgeconsulting.ie EUROPE DENMARK DENMARK
KEN VILLUM KLAUSEN Founder & CEO, Lunar Way
IMAGE CREDIT: LUNAR 12 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM DENMARK DENMARK
About Ken About Lunar Villum Klausen
Ken Villum Klausen is founder and CEO of Lunar Way. Ken began his WHAT IS LUNAR? career in retail where he quickly Lunar is a 100% digital mobile-based rose in the ranks before diving banking app, and it’s our mission to into entrepreneurial life. Ken fundamentally change the way we founded several startups among perceive, talk about and handle our them Wallmob a digital solution money. Does it sound a little highfalutin? that turns your mobile devices Maybe it is. But nothing great ever came into a payment terminal. In 2015 from small ambitions. he founded Lunar Way – a 100% mobile banking app where you can handle all your I financial needs – payments, savings, WHY CHOOSE LUNAR? budgetting, investments and so As a new banking app, we’re not on. Lunar Way is now available in bound by old systems and ancient Denmark, Sweden and Norway. perceptions of what makes up personal finances. We also believe that you know how to handle your money the best way yourself. Especially if you have the right tools. And that’s what we offer. Tools. Lunar is a 100% digital mobile- FIVE QUICK FACTS ABOUT LUNAR based banking - Founded in 2015 app, and it’s - Has more than 100.000 users in Denmark, Sweden and Norway our mission to
- Has received almost 47 million EUR in fundamentally funding change the way - Got our own banking license in 2019 we perceive, - Has more than 100 employees from all talk about and of Scandinavia. handle our money. A CARD YOU ACTUALLY WANT TO FLASH Contact Details The Lunar card is the three S’s - specially designed, sleek and black (oh...). www.lunarway.com Anyway, we don’t lie when we say that it’s a card you want to show off. There is no yearly usage fee and it also doesn’t cost you anything to freeze or close the card. What’s not to like?
13 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM GERMANY GERMANY
DR. TAMAZ GEORGADZE Co-Founder & CEO, Raisin
IMAGE CREDIT WWW.RAISIN.COM 14 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM GERMANY GERMANY
Dr. Tamaz About Raisin Georgadze
Raisin co-founder and CEO Tamaz Georgadze is focused on REGISTER ONCE AND START partner bank acquisition, business INVESTING FROM THE COMFORT development, and legal and OF YOUR HOME 30+ regional expansion efforts. Prior Countries With our Online Banking System, you to building and scaling Europe’s will be provided with an overview of leading marketplace for deposit- your various deposit accounts as well insured savings products and as regular updates about new savings investments, Tamaz spent ten years products, making it quick and simple to 90 with McKinsey & Co., the last three open further deposits or prolong existing as a Principal leading McKinsey’s Partner bank ones. Savings and Investment products service line for EMEA countries, serving some of the largest retail, With Raisin, you decide where in Europe universal and wholesale banks in you would like to invest your money. Europe and Asia. His core areas Your deposits are 100% protected up to 620+ of expertise were performance amounts of EUR 100,000 per customer Offers management/organization, and bank. More deposit gathering, direct banking, branch transformation, SME Register once, transfer the funds to your strategy and regulation. He holds free Raisin Account, then open and a PhD in agricultural economics manage your term deposits with our 19.0 bn and honors law degree from the partner banks through a single Online EUR Assets invested University of Giessen as well as an Banking System. international economics degree from Tbilisi State University. THE BEST RATES ACROSS EUROPE! Raisin’s goal is to provide savers the 205,000+ best interest rates! As the leading Customers marketplace for investments throughout Europe, we give you access to exclusive savings products from all over Europe Raisin’s - raise your interest with Europe’s #1 deposit marketplace. 8 goal is to Market Places The feedback from our customers provide speaks for itself: we have a rating of 4.6 out of 5 points and a recommendation savers rate of 95 percent on the independent German rating portal Bankingcheck. We Contact Details were also voted the best German term the best T: +49 30 770 191 295 deposit marketplace 2014, 2015, 2016, E: [email protected] interest and 2017. Raisin guarantees a smooth www.raisin.com investment process and the simple management of your investments with rates! all of our partner banks via one single platform. Today, we serve more than 190,000 satisfied customers.
15 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM GERMANY GERMANY
VALENTIN STALF
Co-Founder & CEO, N26
IMAGE CREDIT N26.COM/EN-EU/ABOUT-N26 16 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM GERMANY GERMANY
Valentin Stalf About N26 Valentin Stalf is co-founder and CEO of N26. In 2013 he founded N26 with his longtime friend THE BANK YOU’LL LOVE THE N26 HISTORY Maximilian Tayenthal. Back then N26 is The Mobile Bank, helping you 2013 already, both shared a vision of manage your bank account on-the- N26 was founded in 2013 by Valentin Stalf building a bank that the world go, and spend and set aside money and Maximilian Tayenthal—reimagining loves to use. in real-time. Open your account in the retail banking experience for today’s Since the initial product launch minutes, right from your smartphone. mobile lifestyle. in 2015, N26 has grown to include more than 4.5 million A FREE BANK ACCOUNT WITH NO HIDDEN 2015 customers across 25 markets — FEES Since the initial product launch in 2015, including the US in 2019. The firm Your standard N26 account comes over 3.5 million customers across 26 has raised more than USD 500 with all you need to spend, save and markets have signed up for N26. million from some of the world’s keep track of your money. Get a most well-known investors, free Mastercard and enjoy free ATM 2018 including Insight Venture Partners, withdrawals in euros and free payments The firm has raised a total of USD 215 GIC - Singapore’s sovereign wealth fund, Tencent, Allianz in any currency, wherever you are in million from some of the world’s most X, Peter Thiel’s Valar Ventures, the world. And with no hidden costs or well-known investors, including Allianz X, Li Ka-Shing’s Horizons Ventures, foreign exchange fees, you’ll always Tencent Holdings Limited, Li Ka-Shing’s Earlybird Venture Capital, Battery Horizons Ventures, Valar Ventures, know what you’re spending while Ventures, in addition to members traveling. members of the Zalando Management of the Zalando management Team, and Earlybird Venture Capital. board, and Redalpine Ventures. STAY TUNED WITH PUSH-NOTIFICATIONS N26 employs more than 1300 people N26 has more than 1000 Keep track of every transaction that and has offices in Berlin, New York employees based in Berlin, New comes in and out of your bank account, and São Paulo, as well as TechHubs in York and Barcelona, who are thanks to real-time push notifications. Barcelona and Vienna. concentrated on reinventing Whether you’re withdrawing or the banking experience for the depositing money, making a transfer or 2019 digital generation. With its full banking license, state-of-the- completing a monthly standing order— After announcing its $300 million art technology and no branch you’re always kept up-to-date. Series D funding led by Insight Venture network, N26 is redesigning Partners, N26 received a further $170 banking for the 21st century. INSIGHTS ON YOUR SPENDING HABITS million extension in July 2019. The Not sure where all your money goes? round includes participation from GIC, Before N26, Valentin was an Thanks to Statistics, your account uses Singapore’s sovereign wealth fund, Entrepreneur in Residence for artificial intelligence to automatically and existing investors. N26 now ranks Rocket Internet, an incubator categorize your spending and shows amongst the top ten most valuable and investor in online startups. you right in the app. Learn how to better FinTech companies worldwide. There he helped to develop several companies in the mobile manage your expenses, view all your payments industry, including transactions divided into smart sub- N26 also launches in the US and confirms payleven and Paymill GmbH. categories, and gain insights into your plans to enter the Brazilian market next. Moreover, he worked in strategy financial habits. consulting and investment banking. SECURITY IS A TOP PRIORITY AT N26 Contact Details N26 operates with a full European Valentin has a bachelor’s degree banking license, and your bank account www.n26.com/en-eu in business administration and with a German iBAN is protected up to management and a master’s degree in accounting and €100,000, according to EU directives. finance from the University of St. And with fingerprint identification and Gallen. He is currently a member advanced 3D Secure technology, you of the advisory board at the can rest assured you’re extra safe when Vienna University of Economics making purchases in stores and online. and Business.
17 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM SWEDEN SWEDEN
SEBASTIAN SIEMIATKOWSKI Co-Founder & CEO, Klarna
IMAGE CREDIT: TECH.EU 18 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM SWEDEN SWEDEN
Sebastian About Klarna Siemiatkowski
In 2005, Sebastian Siemiatkowski co-founded Klarna in order to Klarna was founded in 2005 in provide safe and smooth online Stockholm, Sweden with the aim payments. He currently serves as of making it easier for people to shop 80M its Chief Executive Officer. Over online. In the last 14 years, technology Total end-customers the past decade, he has overseen has evolved, excited and transformed the company’s rapid growth the world around us, yet our mission across Europe and more recently remains as relevant as ever, to make into North America. Klarna is a paying as simple, safe and above all, 190K now fully licensed bank with 60mn Total number of merchants smoooth as possible. consumer and 170,000 merchant user base. Klarna is now one of Europe’s largest banks and is providing payment 1M Sebastian has received multiple solutions for 80 million consumers across Number of transactions per day awards for his leadership, including 190,000 merchants in 17 countries. runner up in the 2015 global EY Klarna offers direct payments, pay Entrepreneur of the Year award, after delivery options and instalment Leader of the Year by Adecco, 2.5K and European Entrepreneur of plans in a smooth one-click purchase Number of employees experience that lets consumers pay the Year Award by TechTour. He when and how they prefer to. holds a master’s degree from the Stockholm School of Economics. When the company acquired SOFORT 10% Degree of Master of Science, E-commerce Market in 2014 the Klarna Group was formed. M.Sc. (Economics and Business), Share Northern Europe Stockholm School of Economics, Klarna is backed by investors such as 2007 Sequoia Capital, Bestseller, Permira, Visa and Atomico. Keep track in our app Board member since 2005 and Track your purchases, make payments, CEO since 2010 Klarna is a part of The Klarna Group. even snooze a transaction for 10 days, all in the Klarna app. Board assignments: Board member and CEO of Klarna Shop now. Pay later. Post purchase perfection Holding AB We make shopping smoooth. With In the Klarna app you can easily manage Board chair or board member of Klarna you can shop at your favourite all your purchases and repayments, other Group companies online stores and pay later, so you can report a return and get help with any Board member in a number of get what you love today. questions. small private holding companies without any operational activities. Pay in 3 instalments Make payments, report a problem, Buy what you love today, and spread manage returns. Other assignments: the cost over time in 3 equal instalments. Chairman of the Advisory Board at Your chosen card will be charged Chat with support 24/7 - we’re always SSE Business Lab automatically. No interest. No fees. Ever. here for you.
Pay up to 30 days later 6-36 month financing Contact Details Shop now. Pay later. Get up to 30 days Enter the easiest and most transparent to pay ensuring you love your items financing plans you’ve ever seen. www.klarna.com/uk/ before you pay with no late fees or Spread your costs over flexible payment interest. Say goodbye to waiting around plans when you apply at checkout and for refunds. receive an instant approval decision.
19 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM UNITED KINGDOM UNITED KINGDOM
ANNE BODEN MBE CEO, Starling Bank
20 IMAGE CREDIT WWW.STARLINGBANK.COM FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM UNITED KINGDOM UNITED KINGDOM
Brian Armstrong About Starling Bank As CEO, Anne oversees the Executive Leadership Team and focuses its vision on building WHAT IS STARLING BANK? WHY WE’RE DIFFERENT the best possible customer Starling Bank is an award-winning The security of the banks of the past. The experience. She is also a member and fully-licensed bank built to give heart of the bank of the future. of Starling’s Board of Directors. people a fairer, smarter and more After graduating in computer human alternative to the banks of the Ethical practices science and chemistry, Anne past. With four different account types Saying no to rip-off fees. Listening to started her career at Lloyds Bank, – personal, business, joint and euro – customers. Committing to an ethical where she helped architect and a pioneering payment services approach. Banks haven’t always done CHAPS, the UK’s first real-time proposition for businesses, Starling’s the right thing, but that doesn’t mean payments system. She worked world-class tech reimagines banking for they can’t. at Standard Chartered and UBS, life today, putting the tools people need before becoming Head of EMEA, to feel good about money in the palm Diversity Global Transaction Banking across of their hand. Inclusivity isn’t just a nice idea round 34 countries for RBS and ABN here. It’s built into everything we do, AMRO. All of Starling’s accounts are protected from who we hire to how we treat up to £85,000 by the Financial Services people – and it informs how we build After the financial crisis, Anne Compensation Scheme. Want to find our product, too. Using tech for good is spoke to people around the world out how to use Starling Bank? Walk this in our DNA. about the changes in banking way. and technology. She joined Making money equal Allied Irish Banks Plc as Chief WHERE WE’VE BEEN We’re here to make banking better Operating Officer to apply these Starling was founded in 2014 by industry- for everyone by demystifying money learnings but was frustrated by leading banker Anne Boden, who – which means no jargon or financial the restrictions still imposed by recognised how technology could corporate-speak. From our T&Cs to our outdated technology. transform the way people manage their emails, we aim to be open, transparent money and serve customers in a way and easy to understand. Anne decided the only way to that traditional banks hadn’t. We’ve solve this was to build a bank from since raised £263 million in backing and Innovation first the ground up. This idea started were voted Best British Bank two years Because our bank’s been built from becoming a reality in 2014 and running. Our customers also rate us scratch, we’ve been able to design the Starling has grown from there. Excellent on Trustpilot. kind of banking features people actually Anne’s vision for Starling is to build the best bank account in the need in today’s world – and fast. world. How many customers does Starling have? WHO OWNS STARLING? Anne lives and breathes Starling, In 2019, Starling passed one million Starling is an independent, privately- but if she had to do something very customer accounts with £1 billion in owned company and is not part of any different it would be something deposits. other bank. entrepreneurial in the application of machine learning to fabric and OUR PEOPLE It is 24% owned by Anne Boden, fashion design. Starling’s head office is in London, employees and ex-employees and but our team works across offices in an employee benefits trust set up for Southampton, Cardiff and Dublin – and employees. Contact Details it’s growing every month! WHY THE NAME STARLING? www.starlingbank.com From the engineers who craft it and the The Starling bird is sociable, adaptable, security experts who protect it to the friendly and supportive – all qualities we customer service reps who support it, wanted from our new bank. It also works our bank brings an incredibly diverse mix as part of a team to make something of people together to solve customer’s as complex as a murmuration feel problems and build a better bank for beautifully simple. You see where we’re everyone. going with this.
21 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM UNITED KINGDOM UNITED KINGDOM
LEX GREENSILL
Co-Founder & CEO, Greensill
LEX GREENSILL IMAGE CREDIT: WWW.GREENSILL.COM 22 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM UNITED KINGDOM UNITED KINGDOM
About Greensill
THE GREENSILL STORY Greensill is the market-leading Before forming Greensill, Lex established provider of working capital finance for and led Morgan Stanley’s global companies globally. We unlock capital supply chain finance team and so the world can put it to work. successfully developed supply chain finance practices for Citibank. He Founded in 2011 by Lex Greensill, the is a former Senior Advisor to and a company is headquartered in London Crown Representative of Her Majesty’s with offices in New York, Chicago, Miami, Government on Supply Chain Finance Frankfurt, Bremen, and Sydney, with and was awarded the CBE for Services more than 500 specialists worldwide. Lex Greensill to the British Economy in Queen Elizabeth II’s 2017 Birthday Honours. Greensill provides Supply Chain Finance Lex is the co-founder and CEO of to customers across Europe, North Greensill. America, Latin America, Africa and At Greensill, we are changing finance to Asia and works with a host of banks change the world. Lex previously established the and institutional investors to provide global SCF business at Morgan solid funding streams to underpin the OUR MISSION Stanley and led the EMEA SCF process. CHANGING FINANCE TO CHANGE THE business at Citi. WORLD Lex holds an MBA from Manchester But we are about much more than We strive to make working capital, trade Business School and is a Solicitor of Supply Chain Finance. Greensill uses the and structured finance more widely the Supreme Courts of England power of financial markets to unlock available, easier to access and better and Wales, and Queensland. capital on terms that fit the precise priced. requirements of our clients, from 20 days to 20 years and beyond. Lex was recently awarded the CBE Greensill funds this innovative financing for services to the UK economy. by working with a wide range of The company has extended more investors, including asset managers, than $150bn of financing to 8m-plus banks, pension funds and our own customers and suppliers in more than Greensill Bank, based in Germany. 165 countries in the eight years since inception. Greensill is opening up the sector to global capital markets, providing clients We own Greensill Bank and created with access to deep pools of capital the world’s first Supply Chain Finance and investors with a newly available fund. No other bank or financial services fixed income asset. Greensill unlocks company has our passion and expertise. capital so our clients can put it to work.
Contact Details
www.greensill.com
23 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM UNITED KINGDOM UNITED KINGDOM
NIKOLAY STORONSKY Founder & CEO, Revolut
PHOTO BY STEPHEN MCCARTHY WEB SUMMIT VIA SPORTSFILE 24 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM UNITED KINGDOM UNITED KINGDOM
About Nikolay About Revolut In a former life, Nikolay was a trader with Credit Suisse where he experienced first-hand the Revolut launched in July 2015. astronomical fees applied to foreign exchange transactions. We’re here for those who refuse to settle. Who never stop moving forwards. Who Then there was a lightbulb continue to search for new ideas and better experiences in everything they do. moment. Fast forward to today, and Nikolay has reinvented the Because today’s hyper-connected world deserves a financial partner just as way in which we spend and progressive.One that adapts to your needs, gives you control and constantly transfer money abroad. pushes you into new exciting spaces.
Global spending and transfers without rubbish exchange rates. Whether you’re He studied for a master’s degree running a business or running out for bread, Revolut is building a global bank to suit in physics at Moscow Institute your lifestyle. of Physics and Technology, and during this time became a Welcome to a world of better money management. Welcome to Revolut. state champion swimmer. He completed a separate masters in economics at New Economic School in Moscow. Prior to OPEN A MULTI-CURRENCY founding Revolut, Storonsky was ACCOUNT IN MINUTES TRAVEL WITH EASE a trader at Credit Suisse and Lehman Brothers,. Alongside Vlad FREE ACCOUNT + DEBIT CARD SPEND ABROAD Yatsenko, former Credit Suisse Open an account from your phone in We don’t believe in financial borders, and Deutsche Bank developer, minutes, without a credit check. Just so it’s only fair that we let you spend Storonsky set up Revolut and abroad in over 150 currencies with the add a $20 deposit to get started and raised around $3.5 million, saying interbank exchange rate, with a small order your free card to spend at home in an interview with Forbes: 0.5% fee for anything above $6,500 each or abroad in 130+ currencies. month. A flat mark-up on weekends and “I thought of the business three on certain currencies may apply. years ago. I was travelling a lot HOLD, EXCHANGE AND RECEIVE 28 and wasting hundreds of pounds CURRENCIES WITHDRAW MONEY ABROAD on foreign transaction fees and Whether you’re living abroad or Although ATM withdrawals cost us exchange rate commissions which have family overseas, you can hold, money, we give you $300 a month in just didn’t feel right. As someone exchange, send and receive 28 ATM withdrawals without a fee. Anything with a financial background I currencies like MXN, CAD and EUR in over $300 attracts a small 2% fee to help knew exactly the rates I should us cover costs. seconds. be getting. As a solution, I tried to find a multi-currency card and was later told it wasn’t possible. SPEND AND TRANSFER WITH THE But I was determined to make INTERBANK EXCHANGE RATE it work.” Banks usually charge rip-off fees when you spend or transfer money abroad. We don’t. With Revolut, you can spend Contact Details and transfer money abroad with the interbank exchange rate. Revolut Phone: +1 (844) 744-3512 INSTANT SPENDING NOTIFICATIONS www.revolut.com We’ll send you a notification the second you make a payment with your card, even before the receipt has finished printing.
25 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM UNITED KINGDOM UNITED KINGDOM
TOM BLOMFIELD Co-Founder & CEO, Monzo
IMAGE CREDIT WWW.MONZO.COM
26 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM UNITED KINGDOM UNITED KINGDOM
Tom Blomfield About Monzo Blomfield achieved a 1st in Law (both at BA and Masters levels) at the University of Oxford. BANKING MADE EASY After university, Blomfield worked 40,000 people open a Monzo bank account every week to spend, save and manage their money. Join them in less than 10 minutes. for OC&C Strategy Consultants.
TRAVELLING WITH MONZO ENERGY SWITCHING He then founded the UK-based company GoCardless. When Spend with your Monzo card anywhere THROUGH MONZO GoCardless appointed Hiroki in the world, for free. We don’t add any It’s hassle-free and could save you Takeuchi as CEO in 2013, Blomfield fees to the exchange rate and you money on your bills. Plus you’ll get up to joined the dating site Grouper don’t need to tell us in advance. £75 credit when you switch. social club as Head of Growth. Grouper closed in 2016. On Free to spend SHARED TABS Pay in shops, restaurants and online, returning from New York, Blomfield Holidays with your friends. Nights out anywhere in the world and in any joined Starling Bank where he currency, with no fees. with dinner and drinks. Household bills developed the idea to start his with your flatmates. own bank. In 2015 he founded We pass Mastercard’s exchange rate challenger bank Monzo. directly on to you, and don’t add fees Settling up a bunch of bills can be a or additional charges. pain. Everyone pays from their own account, and then when it’s time to Cash withdrawals abroad settle up you have to do the dance of The app is It costs Monzo money every time the bank details. you withdraw cash abroad, so we really easy introduced some limits after a vote by So we’ve created Shared Tabs to make to use if you our customers. it a whole lot easier. want to have Withdrawals from an ATM are fee-free in the European Economic Area (EEA). For Keep track of who owes what control of your other countries, you can take out £200 Keep track of ongoing bills easily – a few for free every 30 days. After that, we’ll taps and a bill’s added to the Tab. spending and charge you 3%. You can see a full list of EEA countries here. Settle up whenever you like our customer Settle individual bills as you go, or keep service tone We only aim to cover our costs, and the Tab running for as long as you need. don’t make a profit from these charges. is helpful and Split however you like No need to tell us Split evenly or vary the amounts for genuine There’s no need to tell us every time you people who’ve contributed more. go abroad.
We won’t block your card and leave GET PAID... A DAY EARLY Contact Details Put your salary into Monzo and we can you stranded, without a way to pay. Monzo advance you the cash one day early. www.monzo.com Just go and enjoy yourself, we’ll take No cost, no hassle. Just more time with Tel: 0800 802 1281 care of the rest! your money.
Join the 3,600,000+ people with a Monzo bank account.
27 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM GET IT DONE
Empowering people. Enabling projects. Driving business success.
The world’s most popular project management method. AMERICAS BRAZIL BRAZIL
ALVARO TEIJEIRO Co-Founder & CTO, RecargaPay
IMAGE CREDIT: COINJAR 30 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM BRAZIL BRAZIL
Alvaro Teijeiro About RecargaPay Alvaro Teijeiro is a tech entrepreneur with experience RecargaPay is Brazil’s leading and Apple stores. founding companies and mobile payment portfolio. A delivering products in the fintech, day-to-day payment fintech that Try and simplify your life with RecargaPay! ecommerce & social networking encompasses banked and debarred space. needs across the country, from consumers Recharge any cell phone without charge to merchants. Headquartered in Brazil Refill your phone, family, friends or any I’m fascinated by the power that with offices in Argentina and the United number you want. We work with all technology has to disrupt our States, RecargaPay has built a state-of- carriers. way of life, and passionate about the-art fully modular platform, making it creating products with massive a world reference for its highest levels of Run out of internet and need urgent impact & scale. I’ve dedicated security, as well as a unique tailor-made credit? Reload with us! my career to bringing ideas to anti-fraud technology. and complexities life, specifically focused in the art of the Brazilian market. Our free app, Pay your bills without leaving home! of leading product, technology & growth teams. with one of the best ratings on the Now you can also pay your water, gas, market, has over 10 million virtual wallets phone and many other bills without I’m currently Co-Founder & CTO and is simplifying the lives of Brazilians: leaving your home and right from your of RecargaPay, focused on eliminating traditional bureaucracy mobile phone. and extra fees, offering consumers and democratizing mobile payments in Brazil. small and medium business owners the No more queuing or paying late bills! It is opportunity to save money. time and fast and practical! giving access to the 55 million debarkers Before this, I Co-founded Fnbox in 2001, a company builder focused in Brazil. RecargaPay is the easiest way to keep on creating global Internet your accounts up to date! At RecargaPay, we believe everyone businesses. We bootstrapped through 2007, and then we should have access to the benefits Transport refill without fees or queues! raised our Series A of 6.6M. Some of mobile payments, so we are fully Quickly and simply recharge your products & company’s out of committed to democratizing these bus, subway and train travel with Fnbox: transactions across society. Every day, RecargaPay! more people join us to share our dream E-Commerce • Tarjetastelefonicas. of rethinking payments. Our globally Send money free of charge com: Calling cards + VoIP. • focused team continues to grow with For your family, friends or anyone you Cuponica.com: Daily deals in a total focus on results, constantly want, safely and without wasting time. Argentina, Mexico & Brazil • being challenged to push our limits, The money falls on time! creating the best and most sought Recarga.com: Mobile top-ups after products and services in our app: Cashback Prepaid Card Social Networking • Sonico. mobile recharges, multi-city transport - Only one that gives 1% cashback on card recharge, gift cards, bill payments, com: Largest social network in all purchases. Latam, sold to Match.com/IAC. parking payments, peer-to-peer - No bank account or credit analysis transactions, and more. • Cumplealerta.com: Birthday required. Reminders (+180M birthdays) • - 00% free for Prime customers RecargaPay is backed by a diverse and Tarjetasbubba.com / Tupostal. - Free virtual card option for all com: Greeting cards (Peak 14M highly experienced investor group and customers. cards in one day!) • Winkal.com: has raised $ 29 million in venture capital - Enabled to withdraw 24 hours a day, 7 Social entertainment app from DN Capital, IFC, a member of the days a week. World Bank Group, TheVentureCity and - Accepted at over 30 million stores Ventech. worldwide.
The most recommended app We want to offer the best service, and Contact Details thanks to the feedback from millions of users, RecargaPay is ranked among the RecargaPay top ranked apps worldwide at Google www.recargapay.com.br
31 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM CAYMAN ISLANDS
DAVID BILY Vantage FX
Vantage FX is a regulated Forex broker, offering traders world-wide access to over 250 trading instruments including Currencies, Share CFDs, Indices and Commodities via the industry leading MT4 and MT5 platform.
All Vantage FX clients experience super-fast trade execution, razor-sharp spreads and a completely transparent trading environment. It’s quick and easy to open an account, and you can start with a minimum of just $200. As soon as your account is live, you can access a huge range of trading instruments, and start trading in any style, whether scalping, swing trading, position trading, or even automatic trading. And, we offer account types for all levels of traders, from STP to high-performance ECN accounts. Clients can also access a suite of trading tools designed to boost their trading edge, as well as a range of promotions including volume related bonuses, interest on margin, free VPS and more!
We never charge our clients any fees for deposits, withdrawals, or account keeping. And, with 13 trading platforms to choose from clients can trade from a desktop computer as well as on the go through their mobile device.
Regulated in three jurisdictions, and with some of the lowest costs in the industry and a large range of instruments on offer, clients of all levels can start trading with Vantage FX quickly and easily. And, all clients have the added benefit and peace of mind that they’re trading with a regulated broker in a secure and transparent trading environment.
Areas of Expertise
Specialising as a leading FX/CFD broker, Vantage FX offers over We never 250 products via MT4 and MT5, ranging from currencies, indices, charge our commodities, crypto, and share CFDs from US, UK, European and Hong Kong stock indexes. clients any fees
Contact Details for deposits,
Vantagefx.com Phone: +442080363883 withdrawals, Email: [email protected] or account keeping.
32 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM CAYMAN ISLANDS
DAVID BILY
www.dcadvisory.com
A4-Advert.indd 1 27/04/2018 14:29 USA USA
BRIAN ARMSTRONG CEO, Coinbase
IMAGE CREDIT BLOG.COINBASE.COM/@BARMSTRONG 34 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM USA USA
Brian Armstrong About Coinbase Brian Armstrong is the CEO and Co-founder of Coinbase, the world’s leading digital currency Founded in June of 2012, great equalizer and lift billions out of exchange. As CEO, Mr. Armstrong Coinbase is a digital currency wallet poverty while accelerating the pace of is responsible for Coinbase’s and platform where merchants and innovation around the world. This is the retail and institutional arms and consumers can transact with new digital best way we know to change the world. all products and services that currencies like bitcoin, ethereum, and are developed by both trading litecoin. We’re based in San Francisco, OUR PRIORITIES platforms. Mr. Armstrong co- California. 01. BE THE MOST TRUSTED founded Coinbase in June 02. BE THE EASIEST TO USE 2012, and since then, has been Bitcoin is the world’s most widely used responsible for introducing much alternative currency with a total market COINBASE VALUES of America and beyond to cap of over $100 billion. The bitcoin 01. CLEAR COMMUNICATION cryptocurrency. Mr. Armstrong network is made up of thousands of 02. POSITIVE ENERGY has led the team, now at over 200 computers run by individuals all over the 03. CONTINUOUS LEARNING employees, through over $200M world. 04. EFFICIENT EXECUTION in funding from leading investors such as Andreessen Horowitz, OUR MISSION IS TO CREATE STATS IVP, USV, DFJ and NYSE. Since AN OPEN FINANCIAL SYSTEM co-founding the company, Mr. FOR THE WORLD Armstrong has led Coinbase to 30M+ serve over 10M customers across An open financial system is one that is USERS 32 countries, providing custody not controlled by any one country or for more than $10B in digital company (just like the internet did for assets. Mr. Armstrong was listed as distributing information). We think this is Fortune 40 under 40 and Recode the highest leverage way to bring about $150B+ 100 in 2017. more economic freedom, innovation, TRADED efficiency, and equality of opportunity Before founding Coinbase, Mr. in the world. We have a ten year plan Armstrong worked as a Software to get there. Engineer at Airbnb from 2011- 2012 as part of the hospitality Imagine if every payment in the world Bitcoin is the marketplace, focusing on fraud was as fast, cheap, and global as prevention. At the time, Airbnb sending an email. world’s most was moving money between 190 countries, and Mr. Armstrong Imagine if anyone who had an idea had a front row seat into global for a product could have customers all widely used payment systems. over the world from day one. alternative Previously, he worked as a Imagine if anyone with a smartphone Developer for IBM and Consultant had access to the same financial at Deloitte. services we enjoy in the developed currency world. Mr. Armstrong holds three degrees with a total from Rice University: Bachelor’s An open financial system can be a of Computer Science, Bachelor’s market cap of Economics, and a Master’s of Contact Details Computer Science.
Coinbase of over $100 +1 (888) 908-7930 support.coinbase.com billion.
35 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM USA
JEREMY ALLAIRE Co-Founder & CEO, Circle
I am currently the Founder, Chairman and CEO of Circle. Circle is a consumer Internet company focused on transforming the world economy with secure, simple, and less costly technology for storing and using money. Circle is backed by $76 million from investors including Goldman Sachs, IDG China, Breyer Capital, Accel and General Catalyst.
I was also the Founder, Chairman and CEO of Brightcove, an online video platform used by media organizations worldwide. I started Brightcove in 2004, and have grown the company rapidly over the past few years, including a successful IPO of the company in 2012 (NASDAQ: BCOV).
Prior to Brightcove, I was a technologist and entrepreneur-in-residence at General Catalyst, a Cambridge-based venture firm focused on early stage software and consumer internet investments.
Prior to General Catalyst, I was Chief Technology Officer of Macromedia, a leading Internet software platform provider. I worked on the Macromedia MX platform of products, which was anchored by our efforts to transform Flash from an animation technology into a rich platform for building software applications that transformed the experience of the Web.
I joined Macromedia from Allaire when we merged the two companies in early 2001. I helped co-found Allaire and grow it from a startup to a medium sized public company. Allaire was an early pioneer in the web platform market, where we created ColdFusion, the first commercial “application server”, enabling ultimately millions of developers to rapidly and easily build interactive applications for distribution through Web browsers.
About Circle Circle was founded in 2013 on the belief that open crypto technologies would replace the world’s closed, proprietary financial systems Building a allowing everyone, everywhere to participate in an economy that’s more fair, more inclusive new global and more accessible. Today, our platform drives a new kind of economy, global financial services company. One where individuals, institutions and entrepreneurs come block by together to use, trade, invest and raise capital with products and online services that are safe block and easy-to-use. When everyone participates, everything changes. Whether you’re building financial freedom, generating wealth for clients, developing decentralized apps or growing your own company, Circle can help. www.circle.com/en-gb
36 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM USA
JEREMY ALLAIRE USA USA
VLADIMIR TENEV Co-Founder & Co-CEO, Robinhood
NOAM GALAI | GETTY IMAGES FOR TECHCRUNCH 38 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM USA USA
Vladimir Tenev About Robinhood Vlad Tenev is the Co-Founder and Co-CEO of Robinhood. A first-generation immigrant from the app daily and 90% use to the app WHAT IS ROBINHOOD? Bulgaria, Tenev earned his B.S. Robinhood Markets, Inc. is a U.S.- weekly. By February 2018, Robinhood in Mathematics at Stanford based financial services company had 3 million user accounts, around University before starting two headquartered in Menlo Park, California. the same number as the online broker finance companies in New York The company offers a mobile app and E-Trade. City, selling trading software website that offers people the ability to to hedge funds. In 2013, Tenev invest in stocks, ETFs, and options through In April 2017, Robinhood raised $110 and longtime friend Baiju Bhatt Robinhood Financial and crypto trading million at a $1.3 billion valuation led by co-founded Robinhood, a zero through Robinhood Crypto. Robinhood commission brokerage dedicated operates a website and mobile apps Yuri Milner of DST Global, Greenoaks to democratizing the finance for iPhone, Apple Watch, and Android. Capital, and Thrive Capital. On May 10, system. The company has millions The company has no storefront offices 2018, Robinhood closed a $363 million of users across the country and is and operates entirely online to operate Series D financing round led by DST currently valued at $5.6 billion. without fees. Global. As of May 2018, Robinhood had raised a total of $539 million in venture Robinhood is a FINRA-approved broker- capital funding, with the last valuation dealer, registered with the U.S. Securities at $5.6 billion, up from their previous and Exchange Commission, and is evaluation of $1.3 billion. In May 2019, a member of the Securities Investor reports from Bloomberg and other Protection Corporation. The company’s outlets publicized Robinhood’s pursuit main source of revenue comes We believe from interest earned on customers’ of an additional $200 million in funding, cash balances and margin lending. which could value the company in everyone According to the company it has 6 the $7 billion to $10 billion range. In million users. November 2019 an expansion to the should be United Kingdom was announced. Robinhood was founded in April 2013 by Vladimir Tenev and Baiju Bhatt, who had INVEST COMMISSION-FREE. able to previously built high-frequency trading Join over 10 million customers in the US platforms for financial institutions in New who have discovered commission-free invest. York City. The company’s name comes investing with Robinhood. Coming to from its mission to “provide everyone the UK in early 2020. with access to the financial markets, not just the wealthy”. Tenev noted that executing a trade cost brokerages INVEST IN GLOBAL COMPANIES— “fractions of a penny” but they typically IN A WHOLE NEW WAY. charged fees of $5 to $10 per trade, as well as required account minimums of No commission or foreign exchange $500 to $5,000. fees. We take care of them—so you don’t The app officially launched in March have to. 2015. Contact Details No account minimums. As of January 2015, 80% of the firm’s www.robinhood.com/contact Get into the market with as little as £1. customers belonged to the “millennial” demographic (people born in the 1980s through mid-1990s) and the average No manual needed. customer age was 26. Fifty percent Intuitively designed for newcomers and of users who have made a trade use experts alike.
39 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM
ASIA CHINA CHINA
ERIC JING CEO, Ant Financial
IMAGE CREDIT: WWW.TRAVELDAILYMEDIA.COM 42 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM CHINA CHINA
About Eric Jing About Ant Financial Eric Jing joined Alibaba Group in 2007, where he was a Senior Ant Financial Services Group, CEO’s Message: Science and Finance Director and later officially established in October 2014, Technology are the Greatest Vice President. He was named is an innovative technology provider Drivers of Public Welfare in our Chief Financial Officer of Alipay that aims to bring inclusive financial Age in September 2009 and Ant services to the world. Headquartered Recently, at the end of an interview with Financial’s Chief Operating in Hangzhou, China, we are the an engineer working in Silicon Valley, I Officer in October 2014, before operator of Alipay, an online payment asked him: why do you want to come becoming President in June service launched in 2004 which has back to China? He said that so many 2015. In October 2016, Eric Jing since evolved into the world’s largest incredible things are happening here was appointed Chief Executive payment and lifestyle platform. but his life at present was a little bit of Ant Financial and in April 2018 boring. As a member of the Alibaba digital he took on the additional role of economy, Ant Financial is working Chairman. Prior to joining Alibaba, I said welcome and glad to have you hand in hand with Alibaba Group to Eric Jing was CFO of Guangzhou on board. Let’s make a difference. make it easy to do business anywhere Pepsi Cola Beverage Co. He also across the world. Through our innovative held management positions in I also told him several stories, which I technologies, Ant Financial is committed finance in several Swire Coca- would like to share with you. to helping global consumers and small- Cola bottling plants or business and-micro enterprises gain access to departments. Eric Jing received a A Taobao shop owner who sells beef inclusive financial services that are jerky has obtained 3,794 loans through Bachelor’s degree in Engineering secure, green, and sustainable, creating Alipay in the last 5 years, an average of from the College of Economics & greater value for society and bringing two loans every day, with the smallest Management, Shanghai Jiao Tong equal opportunities to the world. amount at three yuan and the largest at University in 1994. He obtained 56,000 yuan. She may have broken two a Master’s degree in Business We do not pursue size or power; we new records in global finance history, Administration after finishing the aspire to be a good company that the “smallest” and the most “frequent”. EMBA program at the Carlson will last for 102 years. We will work with Alibaba Group to push forward the School of Management, University goals of the Alibaba digital economy for A boss of an enterprise was planning to of Minnesota, U.S. in 2005. 2036: to serve 2 billion global consumers, travel to the Antarctic. However, he was empower 10 million profitable businesses turned down when he was going to buy and create 100 million jobs. the return ticket because he had been added to a “dishonest debtor” list by court order. As a result, his Zhima Credit scores dropped significantly and no platform connected with Zhima Credit OUR VALUES Contact Details Our values are fundamental to the would provide him with services. He had to mortgage three properties to pay way we operate and how we recruit, Z Space, No. 556 Xixi Road, back the money so that he could come evaluate and compensate our people. Hangzhou, China back home. Tel: (+86) 571-2688-8888 Our six values are: Fax: (+86) 571-8643-2811 One more story, two robbers spent www.antfin.com - CUSTOMERS FIRST, EMPLOYEES several thousand yuan to fly to SECOND, SHAREHOLDERS THIRD Hangzhou to commit a robbery. They - TRUST MAKES EVERYTHING SIMPLE robbed several convenience stores in - CHANGE IS THE ONLY CONSTANT succession, but only stole a little more - TODAY’S BEST PERFORMANCE IS than a thousand yuan in total. After TOMORROW’S BASELINE they were caught, they asked in anger: - IF NOT NOW, WHEN? IF NOT ME, WHO? Don’t people in Hangzhou use cash? - LIVE SERIOUSLY, WORK HAPPILY (Read more at www.antfin.com)
43 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM INDONESIA INDONESIA
L eONARDUS Wahyu W aSONO Mihardjo Chief of Finance and Business Partner Officer of PT Telekomunikasi Indonesia International (Telin)
44 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM INDONESIA INDONESIA
About the Company About Leonardus Our Milestone PT Telekomunikasi Indonesia International (Telin) is an international Chief of Finance and Business Institution, Singapore in August 2019; Best telecommunication service provider Partner Officer of PT Telekomunikasi CFO on Investor Relation from 9th Asian with headquarter in Jakarta, Indonesia International (Telin), a PT Excellence Award Hongkong in July Indonesia. Telin was founded in 2007, Telekomunikasi Indonesia (Telkom) 2019; best CFO in Talent Management as a subsidiary of PT Telekomunikasi Subsidiary, since 2016. He graduated from 7th Annual CFO Innovation Awards, Indonesia (Telkom), Indonesia’s from Royal Melbourne Institute of Singapore in December 2018. He also state-owned telecommunication Technology, Australia, and he holds a has awarded as the best paper in and network service provider which PhD degree in Strategic Management Global academy Training and Research also owns the largest Indonesia’s from Bina Nusantara University in 2020. conference in 2018 and 2019 in Malaysia telecommunication provider Mihardjo started his career in Corporate and Maldives. serving more than 100 million retail Strategic Plan with PT Telkom, the customers. biggest Telco company in Indonesia, Mihardjo attended executive short before gaining work experience in Telin with its international mindset, courses in London Business School, Finance Planning and Analysis and deep technical capabilities and London, UK on advanced corporate Head of Enterprise Resource Plan customer-first approach, has proven finance and Harvard Business school, (ERP) with Telkomsel, the biggest telco itself well suited in helping enterprise Boston, USA on strategic financial provider in Indonesia; and finally with customers achieve their goals in this analysis and Evaluation. He is corporate Telin where he has appointed as the era of rapid globalization. We focus analysis certified from Telkom School Chief Financial Officer also as Chairman on International business in wholesale of Telin Australia since 2018 until to 2019 of Business (STMB). He also led a CFO international traffic, submarine cable and chairman of Telin Singapore since Forum in Indonesia in collaboration with for data services, enterprise, data 2019. CFO Innovation in 2019. centre, mobile service, and Business Process Outsourcing. Telin owns 12 As VP of Finance Planning and Analysis global offices operates in Singapore, and Head of ERP task force, Mihardjo Hong Kong, Australia, New Zeland has supported the achievement of Timor Leste, Malaysia, Macau, Telkomsel performance to maintain Taiwan, The United States, Myanmar triple double-digit growth in terms Mihardjo has and Kingdom of Saudi Arabia. of revenue, EBITDA and Net Income for five years consecutive years and supported the Our People transform finance capability. During his Telin has 12 years operations and CFO role he has been able to draw on achievement supported by 462 talents from his first-hand experience to transform 16 various nationalities to run the finance capability to become business business. 83% of employees are partners. He has successfully aquired of Telkomsel in productive age and 76% are an international satellite company and internationally certified. integrated it with the firm portfolios to performance produce big results for companies to maintain As the result of his work as CFO, he was Contact Details awarded as best CFO of the year in February 2019 by Institute of Certified triple double- PT Telekomunikasi Indonsia Management Accountant (ICMA) International (Telin) Australia in Indonesia. He was also digit growth Telkom Landmark Tower, awarded as one of Finance Monthly‘s 16th – 17th Floor CFO Awards 2019 Winners in November in terms of Jl Jend Gatot Subroto Kav. 52 2019; Asian Business Leader as the best South Jakarta, Indonesia CFO in finance planning and analysis revenue Phone/fax : +6221 2995 2300 from CMO Asia and Indira Group of Website: www.telin.net
45 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM JAPAN JAPAN
MIKE KAYAMORI Co-Founder & CEO, QUOINE
IMAGE CREDIT: CELLULANT 46 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM JAPAN JAPAN
Mike Kayamori About Liquid by QUOINE Mike is QUOINE’s Co-Founder CEO, following a career spanning OUR MISSION COMPANY HISTORY 20 years where he held senior roles at Mitsubishi Corporation, We believe in a world with financial 2014 Globespan Capital Partners, and inclusion for all mission - Quoine, the parent company of Softbank Group. Liquid, was founded. Cryptocurrency is the means to achieve - Launched Quoinex, offering fiat-to Having graduated with a this and our mission is to provide the crypto trading. Bachelor of Arts in Law from products and services necessary for University of Tokyo, before going the crypto world to become the new 2015 on to complete an MBA at mainstream. - Added new features to Quoinex, Harvard, Mike brings extensive including margin trading and a experience encompassing The future of finance is distributed. mobile application. Business, Management, and Democratization of finance has begun. Investment within the technology The power is in everyone’s hands. 2016 and telecommunication sectors. - Opened Quoine headquarters in The crypto economy is here. Tokyo, Japan. Our eyes are set beyond the world of - Secured USD20 million in venture cryptocurrency. capital funding to fuel our growth.
With more than USD50 billion in 2017 transactions over the past 12 months - Launched Qryptos, crypto-to-crypto Liquid is (as at May 2019) on our exchanges, we exchange. believe Liquid will be the bridge to the - Granted official license from the a unified, future world of finance. Japan Financial Services Agency. - Raised the largest IEO in Asia wit h globally- We want you to be in control. more than USD100 million in QASH. sourced We are here to support you and help 2018 you grow. - Launched IEO Mission Control, an trading end-to-end technology solution that By simplifying crypto and its underlying offers a safe and secure platform for platform that financial tools, we can make crypto token issuers and participants. accessible to everyone. - Launched Liquid web application bridges the - Added Korean language support on All in one place. Liquid. - Launched the new Liquid Referral worlds of fiat THE FUTURE Program. and crypto. A diversified financial platform Our eyes are set beyond the world of 2019 cryptocurrency. We are on our way to - Added Chinese language support on attain a full banking license by the end Liquid. of 2019. - Added credit and debit card Contact Details deposits. www.liquid.com With more than USD50 billion in - Launched improved trading fee transactions over the past 12 months structure. (as at May 2019) on our exchanges, we - Launched Liquid Infinity, 100x believe Liquid will be the bridge to the leverage Bitcoin CFD trading. future world of finance. - Released Liquid Pro mobile app.
47 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM
AFRICA EGYPT EGYPT
ASHRAF SABRY Founder & CEO, Fawry
IMAGE CREDIT: FAWRY 50 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM EGYPT EGYPT
Ashraf Sabry About Fawry Ashraf Sabry is a technology business expert and the founder Fawry is a pioneering Electronic and CEO of Fawry, currently Payment Network, offering financial Egypt’s largest Electronic Payment services to consumers and businesses Network. through more than 125 thousand locations and a variety of channels. With 20 years of experience in finance and IT, and a vision to Fawry offers a convenient and reliable enable nationwide electronic way to pay bills and other services in financial services, Sabry managed multiple channels (online, using ATMs, 24.1 MILLION CUSTOMERS to establish Fawry as one of the mobile wallets and retail points) AND GROWING! fastest growing ventures in the Middle East. Fawry’s network of retailers includes small groceries, pharmacies and stationaries, Prior to creating Fawry, Sabry and post-offices, all equipped with spent 10 years leading sales at point-of-sale machines – the same ones IBM Egypt and later was key to the used for credit card payments. success of Raya Holding, Egypt’s leading ICT company where he Based on its own-patented technology, directed the operations, finance, that is fully compliant with international 2.5 MILLION TRANSACTIONS DAILY and business development for security standards of the ISA 27001 and years before he eventually led PA DSS certifications, Fawry performs the whole IT line of business for the more than a million and a half financial group. operations daily. Sabry holds an MBA from Leeds Fawry services for businesses include University in the United Kingdom. collection services, customer acquisition, electronic cash, payment facilitation, and business-to-business 34 BILLION EGP collection centers. COLLECTED IN 2018
Fawry offers a Contact Details Fawry MORE THAN 250 SERVICES convenient Building 221 – F12 – Financial district – Smart Village and reliable Tel: +202 35371171/2/3/4 Fax: +202 35371175 way to Call Center: 16421 pay bills Inquiries: [email protected] and other 125,000+ SERVICE POINTS services NATIONWIDE
51 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM NIGERIA NIGERIA
TAYO OVIOSU Founder & CEO, Paga
IMAGE CREDIT: PAGA 52 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM NIGERIA NIGERIA
Tayo Oviosu About Paga Tayo is the founder & CEO of Paga (www.mypaga.com), Paga is a mobile payment Nigeria’s leading mobile money platform that allows its users to service. Prior to Paga, Tayo was transfer money electronically and Vice-President at Travant Capital make payments through their mobile Paga has Partners, a private equity fund in devices. Paga acts as a mobile wallet West Africa. Prior to joining Travant, where any user equipped with a mobile numerous Tayo was a Manager, Corporate device can conduct transactional Development, at Cisco Systems in activities using their device. Paga was outlets across San Jose California. Tayo’s work founded in Nigeria in 2009 by Tayo at Paga has been recognized Oviosu and publicly launched in 2011. the country globally - in 2014 CNBC selected where its Tayo as the Entrepreneur of the HOW PAGA WORKS Year West Africa, and in 2015 Paga was introduced in Nigeria to take agents act as the African Leadership Network advantage of the cash buildup in the selected Paga as the outstanding system and to create a means whereby human ATMs. growing company of the year in financial services are available to all. Africa. Tayo is an angel investor Although the banking sector in Nigeria in ReelFruit, a fruit processing is not easily accessible to everyone, the OTHER SERVICES agribusiness; and ChopUp, a telecommunications industry has been Another option that is exclusive to mobile gaming start-up. Tayo more successful in reaching a large account holders is the online option, is also the co-founder of Kairos portion of the country’s population. in which the account holder can use Angels, an angel investment club. an internet-enabled mobile device The collaboration of both the banking to process the transaction himself. Tayo earned his Bachelors of and telecom sector has given rise to The Paga account can be funded by Science degree in Electrical mobile banking platforms like Paga, depositing money with an agent, at a Engineering, cum laude, from the where a user can perform basic bank, or by using a debit card online. University of Southern California financial transactions with the use of a and also has a Masters in Business cellphone. Paga works through a mobile After funds have been deposited and Administration from the Graduate phone application or online through the transferred, the sender and recipient School of Business, Stanford company’s website. both receive an SMS confirmation, which University. serves as a receipt of the transaction. With Paga, customers are able to The SMS received by the sender confirms deposit and save money, purchase the amount of funds debited from prepaid phone credit, pay utility and the account and a withdrawal code cable bills, and make payments to required to access the funds which she Contact Details retailers. The partnership between Paga or he would relay to the recipient. The and Western Union also has the added recipient uses the withdrawal code at Paga benefit where Western Money transfers an outlet or a partner bank to withdraw 176 Herbert Maculay Road, sent to users can be deposited into their the money sent. Yaba, Lagos. Paga accounts. Tel: 07000007242 In addition to basic banking transactions Email: [email protected] Paga has numerous outlets across the offered through the mobile payments Twitter: @mypagacare country where its agents act as human app and website, Paga has a checkout Facebook: @mypaga ATMs. A Paga account holder or payment platform that business owners, nonholder who needs to transfer money SMEs, and merchants can integrate would give the agent the recipient’s on their own websites. Clients of these phone number. The agent uses his phone businesses also have the option of to process the transaction and debits the making and receiving payments sender’s account for the amount to be through Paga’s mobile services and sent and the transaction fee. agent outlets.
53 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM PAN-AFRICA PAN-AFRICA
MILKAH WACHIURI Group CFO, Cellulant
IMAGE CREDIT: CELLULANT 54 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM PAN-AFRICA PAN-AFRICA
Milkah Wachiuri About Cellulant Milkah is a Certified Public Accountant, trained at Strathmore Cellulant - connecting global and value-chain payments, University who also holds a Bachelor of Commerce (Finance) people to what matters Cellulant’s belief in providing solutions to everyday challenges across Africa has degree from University of Nairobi. to them. everyday led to digitizing payments end to end. She started her career at Deloitte As a result Cellulant is able to provide as an auditor where she worked Cellulant is connecting a continent. on various assignments across increased transparency and broader Africa is home to 1.2Bn people which various industries that honed her reach within a single digital commerce represents 16.2% of the world population. skills in accounting. platform for financial sector players. Increasingly, African consumers are getting connected to the internet with a She later joined Cellulant From a dream, $3000 and a serviette... 35.2% internet penetration rate (453Mn fascinated by the big audacious Cellulant’s co-founders, Ken Njoroge already connected) and growing goal of building a tech business and Bolaji Akinboro from opposite ends at 20% Year on Year. The internet in Africa for Africans and by of the continent, sat across each other penetration rate is getting better with Africans. Her role was to set up the at a dinner table, and on a serviette, initiatives geared towards high internet group finance reporting structure drew a business model that became proliferation like laying down of fiber and later rose to group finance Cellulant. In 2002, they set out to establish cables by governments, initiatives manager and shortly thereafter what is today a leading multinational like Facebook express Wi-Fi, Google to group CFO. At Cellulant, she payments business in Africa, for Africa loon project, falling data costs and a has helped build and structure a by Africans. The mission? To build the projected 26% smartphone penetration finance function across 10 markets number 1 payments business in Africa; in 2018. and raised 2 rounds of critical led by values-driven entrepreneurial funding to grow the business, the minded people. Cellulant commenced In most of sub-Saharan Africa, nearly latest one in May 2018 at $47.5mil operations in Kenya and Nigeria (the largest of its kind in Africa 90% of all payments and transactions and has grown to operate across 11 for a technology business that is remain cash based. As such, African African countries, including: Zambia, purely invested in Africa). consumers have limited options when Ghana, Zimbabwe, Tanzania, Uganda, it comes to making payments and Botswana, Mozambique, Malawi, She is extremely passionate about merchants cannot efficiently and Rwanda and a team of more than 350 mentorship which she implements effectively collect payments. In 2017, people. at work by transforming her online payments alone in Africa were team into seeing themselves estimated at US$ 48b. Ninety eight as business drivers and not just percent of these payments were made number crunchers. Outside of in cash with credit card and bank work she dedicates her time to accounts standing at 1.5% and 22% Contact Details students mentoring ad coaching respectively. This represents a latent them to become believers in their East Africa Hub: demand for payments digitization ability as individuals despite their 5th floor, cavendish, 14 riverside, river- amongst a landscape of fragmented circumstances. merchants. Furthermore, in regions side drive. Nairobi. where financial inclusion is limited, Her mantra? “stay curious. There West Africa Hub: mobile money promises a lower-cost, is a different between surviving 9th floor Churchgate building, opposite more scalable alternative to traditional or thriving either as an individual World Trade Centre, Central Business banking. or as a business - and what District Abuja. differentiates the two is how Cellulant, a leading Pan-African curious and hungry you stay for Email: [email protected] payments company is fixing Africa’s information no matter how high www.cellulant.com payments problems by connecting up the the ladder you go. I’ve 700m mobile users to payments learnt over the years to never feel that power their daily lives. A unified shy to ask what may seem like payments platform which powers stupid questions just because of marketplaces that matter in local, my position...ever!”
55 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM SOUTH AFRICA SOUTH AFRICA
BASIL SGOURDOS Group CFO, Naspers
56 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM SOUTH AFRICA SOUTH AFRICA
About Naspers
Naspers is a global internet group Naspers is positioning itself to meet these and one of the largest technology challenges and make commitments to investors in the world. They operate enrich our people and communities, and invest in countries and markets and protect our environment. across the world with long-term growth potential. We report in line with King IV and the International Integrated Reporting About Basil Naspers companies connect people Framework (6 capitals framework) by: (Vasil) Sgourdos to each other and the wider world and Reporting our business model using create value by improving lives. Every the international integrated reporting Basil Sgourdos was appointed day, millions of people use the products framework (6 capitals), financial director of Naspers in and services of companies that Naspers July 2014. A qualified chartered has invested in, acquired or built. Engaging our stakeholders, and Detailed accountant (SA), he worked at application of King IV in our governance PricewaterhouseCoopers Inc. from Throughout their 100-year history, report and framework. 1989 to 1994. Thereafter he joined Naspers has grown by investing Naspers, initially as the finance in, acquiring and building leading manager of the South African companies with sustainable competitive TO PEOPLE operations division in MultiChoice advantages. They believe in the power We attract the world’s best talent and then as chief financial officer of local backed by global scale. to build leading companies and of our investment in the Thai-listed outstanding products that are used by United Broadcasting Corporation Naspers continue to back new business millions of people every day. We believe Plc., where he remained for 10 models to fuel their growth and we offer something unique to our 28,000 years. Basil then spent two years in increasingly, look for opportunities to people across the globe: a meaningful Amsterdam as general manager address big societal needs in markets and rewarding place to put your talent of pay-television business where they see the greatest growth to work. development globally, before potential. These include all major being appointed as group chief markets in the world. Where they see financial officer of MIH in January a company with promise, they move 2009. He held this position until he quickly to expand and scale it. became group chief financial officer of the Naspers group on 1 Today, the Naspers group is organised Naspers July 2014. into two areas: media and internet interests in South Africa, and through is a global Prosus, their internet interests outside of South Africa including companies and internet investments in the online classifieds, food delivery, payments and fintech, group and etail, travel, education and social and internet platforms sectors, one of the Contact Details among others. largest www.naspers.com OUR COMMITMENT We recognise that sustainable technology development and economic, social and environmental protection are investors in global imperatives that present both opportunities and risks for business the world
57 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM
AUSTRALASIA AUSTRALIA AUSTRALIA
ASHER TAN Co-Founder & CEO, CoinJar
IMAGE CREDIT: COINJAR 60 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM AUSTRALIA AUSTRALIA
Asher Tan About CoinJar Asher Tan is the co-founder and CEO of CoinJar. In 2013, tired CoinJar is Australia’s longest- and seek to understand the needs and of being on the sidelines as an running digital currency exchange. feelings of our users. This ensures we’re analyst, he saw an opportunity to Our services allow users to buy, sell, store building better financial experiences that unite his passion for finance and and spend digital assets. address real problems. technology, establishing what became CoinJar today - a range We make digital currency accessible Continuously searching for improvement of fintech products including As an award-winning, venture capital- and knowledge a wallet, trading platform and backed startup, we’re known for our Our team is bonded by our common goal CoinJar Swipe, a cryptocurrency simple and easy-to-use products. to learn and improve. This attitude keeps debit card. Innovations such as the popular digital us on our toes, and affords us the ability to currency debit card, CoinJar Swipe, and learn from our mistakes. At CoinJar, we’re our mobile application CoinJar Touch committed to staying true to ourselves have put digital currency in the hands and building a team that cultivates our of hundreds of thousands of people. values. We take a lot of pride in our work Our sights are set on building valuable and our vision, and the journey has been applications in the digital currency and continues to be a wild adventure. industry - best in class products that work We’d love for you to be a part of it. Learn Our to your benefit. We’re excited about the more about our job openings. technology behind digital currency. services Our values and culture Our team’s focus is on improving financial allow users experiences with technology. We 400K+ achieve this by: CoinJar users to buy, Shipping (code and product updates) often sell, store We want digital currency to be accessible to as many people as possible. By $1.5B+ and spend shipping often, we improve our product Traded and provide more value to our users continuously. digital Having empathy assets. From the quality of our code to our $100M+ Assets under custody customer service, we practise empathy
Contact Details
CoinJar www.coinjar.com
61 FINANCE MONHTLY FINTECH AWARDS 2020 WWW.FINANCE-MONTHLY.COM
2020
WWW.FINANCE-MONTHLY.COM