The best UK fintechs of 2023
The best UK fintechs of 2023 were crowned at the hugely successful ceremony last night.
From the hundreds of submissions we received, the UK FinTech Awards 2023 judges debated and deliberated to select 21 winners, which were revealed at the ceremony in London.
The room was filled with executives from the best fintechs in the UK, the expert judging panel and other prominent people from within the industry.
The biggest award of the night, FinTech of the Year, went to Wise because the FX fintech has “attacked a real customer pain point—commission charges—and significantly reduced it. This has resulted in significant savings for customers.”
Other big winners on the night include Richard Davies from Allica Bank, who won Director of the Year, Janthana Kaenprakhamroy, chief executive officer of Tapoly, who took home the Innovator of the Year award, and Lissele Pratt from Capitalixe, who bagged Rising Star of the Year.
Other notable winners include Moneyhub, which won both Personal Finance Tech of the Year and Pensions Tech of the Year.
Congratulations to all the winners on the night! We would like to say a big thank you to everyone who entered the awards and attended the ceremony.
And we must give a big round of applause to the judges, who put in a huge effort to pick the winners out of the record number of contenders we had this year.
Here is the full list of 2023 winners. You can also see photos of each and every winner in our gallery.
Startup of the Year: Ozone API
“The winner of Startup of the Year is setting the standard for open banking around the globe. It is leading the evolution of open banking, bringing together regulators, financial institutions and other fintechs, fostering commercial growth. This is critical for the development of open banking and the cascading effects it can have in other sectors of society and the economy.”
Data Initiative of the Year: Synectics Solutions
“Fraud is a constantly evolving threat in financial services and the winner of Data Initiative of the Year has produced an innovative solution, at no additional cost to clients, in an area that doesn’t stand still. The winner uses data for good—to prevent fraud—and really stood out as an initiative, rather than a product.”
Accounting Tech of the Year: Yooz
“On behalf of Sonovate, I’m pleased to announce the winner of Accounting Tech of the Year applied AI in a way that took it ahead of the competition. Its focus on growth and innovation, combined with a constant need to evolve for customers, really made this fintech stand out.”
Best Use of Blockchain Technology: Acre
“The winner of Best Use of Blockchain Technology has built a platform that not only streamlines the homebuying process, but applies innovation to ensure it’s safe, compliant and efficient. It not only benefits businesses, but customers, too. The concept is brilliant.”
Payments Tech of the Year: Form3
“The winner of Payments Tech of the Year has developed something truly novel in a competitive space. Its cloud-based solution addresses the risks and redundancies of data processing centres and facilitates future innovation and adaptability. It is a hugely exciting offering.”
Personal Finance Tech of the Year: Moneyhub
“On behalf of Gowling WLG, I’m delighted to announce that the winner of Personal Finance Tech of the Year gives people a holistic view of their finances. Being able to see everything in one place ensures better financial decision making and more control over spending. This fintech provides essential tools as we face the cost-of-living crisis.”
Investment Tech of the Year: Wombat
“The winner of Investment Tech of the Year has a very clear mission—to make it easier to invest and save for your future. The education and support this fintech provides for people at different stages of their lives makes it stand out. The winner aims to demystify investments and use its expertise for the good of users.“
LendTech of the Year: Oxbury Bank
“The winner of LendTech of the Year has a well-defined niche in offering finance to the farming industry. By adapting its product to the needs of farmers, the winner is making a real difference—bringing fintech closer to more traditional sectors and allowing them access to the same services as other industries.”
Banking Tech of the Year: HyperJar
“On behalf of Valid8Me, I’m pleased to announce the winner of Banking Tech of the Year is excellent at helping people to manage their money. It’s reducing financial stress and increasing knowledge of financial management, which really resonates amid the current cost of living crisis. And it has an incredibly important focus on younger generations.“
WealthTech of the Year: 1fs Wealth
“The winner of WealthTech of the Year offers a central place for clients to manage the performance of their portfolios. Its cutting-edge digital platform saves time and money, while providing full control over assets—bringing the power back to the customer.”
RegTech of the Year: Acin
“On behalf of Sonovate, I’m thrilled to announce that the winner of RegTech of the Year has come up with a brilliant idea. It has shown impressive growth and its underlying tech is magnificent, with good use of AI. By taking much of the subjectivity out of operational risk analysis, this is a tool that allows better, faster and safer decisions to be made.”
Pensions Tech of the Year: Moneyhub
“The winner of Pensions Tech of the Year is not only changing the way that people view and track their pensions, but their whole financial outlook. AI and innovation combine with essential tools to drive user engagement and enhance understanding—meaning this fintech is helping its users to make their money, and pensions, go further.”
InsurTech of the Year: Ki
“On behalf of Paragon, I am pleased to announce that the winner of InsurTech of the Year is tackling the commercial insurance market in an innovative way. It has great ESG credentials, puts in huge numbers and has a big effect in the commercial space. The speed and size of its growth is very impressive.”
Best Employer Award: Landbay
“The winner of the Best Employer Award looks after its employees well and offers some real initiatives. It has an impressive maternity leave offering, apprentice schemes and looks after the health of its employees in a holistic way. It is also a founding member of the Mortgage Industry Mental Health Charter. The fintech has a good reputation in its field and is striving to be seen as a good employer.”
Diversity & Inclusion Award: Hymans Robertson
“The winner of Diversity and Inclusion Award has created a diverse, equitable and inclusive work environment. This company shows its employees it cares through honesty and transparency, leading to a fair and inclusive culture. It is developing an environment that allows staff to learn, educate and feel confident that they have a voice.”
Team of the Year: Monavate
“On behalf of Custodia, I’m delighted to announce that the winner of Team of the Year is a very interesting startup in a competitive payments space. The whole company is structured to collaborate and bring forward the best of each person, their strengths and capabilities, at the service of its customers.”
Trainee of the Year: Colenso Nurse from IFX Payments
“The winner of Trainee of the Year is a standout winner. They have taken on a lot of responsibility for a trainee. They are a great example of passion, effort and rolling up your sleeves to make things happen. Their tenacity and diligence have propelled them to become a trusted adviser not only for their clients, but also for team members.”
Rising Star of the Year: Lissele Pratt from Capitalixe
“Since starting a business at the age of 16, the winner of Rising Star of the Year has not looked back. Building a business while also offering mentorship and championing diversity and inclusion is a difficult task, and one that this winner has excelled at. They have achieved a huge amount in the fintech world in a relatively short space of time through significant energy and determination.”
Innovator of the Year: Janthana Kaenprakhamroy from Tapoly
“On behalf of Hogan Lovells, I’m delighted to announce that the winner of Innovator of the Year spotted a gap in the insurance industry and addressed the issue with a targeted solution that allows underrepresented and underserved freelancers and micro businesses to be protected and pay for the coverage they really need. The judges were impressed to see how this solution can really help and improve the lives of people with more flexible settings and lifestyles. It’s a brilliant idea.“
Director of the Year: Richard Davies from Allica Bank
“The winner of Director of the Year has had an impressive 12 months. Under their leadership, the fintech has produced fantastic results in terms of attracting investment, lending and deposit taking. They demonstrate a clear understanding of market requirements and client needs. This, plus the focus on diversity and inclusion, puts the winner ahead of the rest.“
FinTech of the Year: Wise
“On behalf of Evelyn Partners, I’m delighted to announce that the winner of FinTech of the Year has had impressive growth and transformed the forex market. It attacked a real customer pain point—commission charges—and significantly reduced it. This has resulted in significant savings for customers.”
You can also see photos of each and every winner in our gallery
