UK growth-stage Fintech start-up Everledger has won the accolade of ‘Best in Show’ at the Fintech Finals 2016.
The pitch competition was held at PMQ in Hong and as was part of the StartmeupHK Festival. A total of 24 start-up finalists were given six minutes to pitch to judges and Fintech professionals, enthusiasts and media. Everledger came up trumps and took home the US$10,000 first prize.
As the name suggests, Everledger is a permanent ledger for diamond certification and related transaction history. It acts as verification for insurance companies, owners and law enforcement.
Next Bank founder Rob Findlay said: “What a fantastic way to end these past 2 days. We are thrilled for Everledger on their well-deserved win, and we congratulate and applaud all of the start-ups that participated for their limitless dedication and passion for innovation. These are the individuals that are shaping the future of Fintech here in Asia for all of us.”
Vice President, Head Product Design & Development Asia Pacific, at Visa Ruben Salazar said: “As one of the judges of the competition, I was impressed with the quality of the companies showcasing their solutions. It is very encouraging to see the whole innovation ecosystem looking for partnerships and opportunities to co-create.
“The Fintech community in Asia is strong and very active with large and small firms collectively responding to consumer needs. At Visa, we are building better capabilities to provide access to our payment network and are also facilitating the development of payment solutions which are better than cash. In line with this, we are introducing enhanced APIs for easy access to our services and content.”