Leading Fintech and Insurtech companies receive FintechGermany Award 2017
For the third time, the FintechGermany Awards took place in Frankfurt yesterday. Six innovative FinTech and InsurTech startups were awarded with the “Golden Garage” award. InsurTech.vc General Partner Mehrdad Piroozram had the honour to be part of the jury.
The dominating topic of the evening was Frankfurt’s way to become Europe’s financial capital in a post-Brexit era. This was supported by the many international attendees. But also the relevance of InsurTech was definitely noticeable during the whole event.
In total, the startups were awarded in six categories: Seed-/Early Stage, Late Stage, Growth Stage, Best foreign new entrant to Germany, Blockchain and InsurTech. Seed-/Early Stage included startups that did not achieve any or some revenue yet or could present a first prototype. The late stage covered companies with a six- or seven-digit revenue. A higher seven-digit revenue and international expansion was needed to be included in the growth stage.
The focus of the 16 jurors was on the financial sustainability, scalability and the potential for an exit of the startups.
And here are the winners:
Seed-/Early Stage
Catana Capital
Catana capital is a Frankfurt-based quantitative manager running a new type of investment fund that invests based on independent trading signals generated from Big Data analysis, combined with artificial intelligence algorithms.
Late Stage
Liqid
Liqid is a digital platform combining the expertise, investment instruments and terms available to leading family offices, and makes them available to a new generation of successful entrepreneurs, professionals and other affluent individuals.
Growth Stage
Weltsparen
Weltsparen is a platform that gives its users in Germany access to fixed-term or money deposit account at banks in foreign countries within Europe.
Best foreign new entrant to Germany
Centralway Numbrs
Centralway Numbrs is an application that allows users to conduct transactions, track spending, pay bills, and predict future income and expenses.
Blockchain (Special Award)
Bitbond
Bitbond is a global marketplace lending platform for small business loans. They leverage blockchain technology to connect creditworthy borrowers with individual and institutional investors.
InsurTech (Special Award)
Clark Germany
Clark, the insurtech startup from Frankfurt, could convinced the jury and was awarded with the InsurTech special award. Clark is an insurance platform providing transparent, cheap and comprehensive insurance coverage. They offer users simple, fair and customer-centric insurance advice by combining technology and insurance expertise.
