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26 firms get FinTech Awards for innovations

  • Staff Correspondent
  • 29 November, 2021 12:00 AM
  • Print news

Bangladesh FinTech Summit concluded with distributing awards among different companies for innovation and services in financial technologies.

The theme for the summit was “Shaping Future of Finance for People of Bangladesh” with an objective to provide collaborative space to fin-tech companies to share learning.

Bangladesh Brand Forum organised the third edition of the summit featured with FinTech Awards held at Sheraton Dhaka on Saturday.

Some 26 entities including mobile financial service and technology solution providers received the awards in 11 distinct categories.

ICT Divison joint secretary Dewan M Humayun Kabir was the chief guest.

Dhaka University Institute of Business Administration (IBA) director Mohammad Abdul Momen and University of Liberal Arts Bangladesh (ULAB) vice chancellor Prof Imran Rahman were guests of honour on the occasion.

The awards receiving companies are Intelligent Machines, Adorsho PraniSheba, Dana Fintech, bKash, Brac Bank, MetLife Bangladesh, Green Delta Insurance, SSL Wireless, Upay by UCB Fintech, City Bank, IDLC Finance, LankaBangla Finance, IPDC Finance, Eastern Bank, Giga Tech and Nagad.

BBF managing director Shariful Islam said, “The financial innovation has to be at the centre of the entire equation whether we talk about sustainability, climate change or innovation.”

“In the Fintech Awards, our message is to find out newer and better solutions that serve all classes of people instead of favouring a single group,” he said.

LankaBangla Finance managing director Khwaja Shahriar said, “Bangladesh has attained remarkable growth in term of financial inclusion.”

“However, 50 percent of population is not under financial inclusion and FinTech can bridge that gap in the countries like ours,” he said.

Upay chief executive officer Sydul H Khandaker said, “The FinTech is going to play a significant role in transforming the financial ecosystem.”

Khandaker said his company adopted the best practices to reap the benefits of disruptive financial technologies.

The summit comprised of eight keynote sessions, four insight sessions, three panel discussions and two case study sessions with prolific international and local industry leaders.   

International speakers included Deloitte India partner Vijay Mani, Primadollar chief executive officer Tim Nicolle, Association of Chartered Certified Accountants (ACCA) head of business insight Narayanan Vaidyanathan and Threefold founder Kristof De Spiegeleer who presented the keynote speeches virtually.

The event aimed to explore the true potentials of finance for the people, community and society.