FinTechGermany Awards – And the Golden Garage goes to….

Business Angels FrankfurtRheinMain, WM-Gruppe and Frankfurt Main Finance honor top FinTech, InsurTech and RegTech start-ups.

Yesterday evening, this year’s FinTechGermany Awards were presented, along with a new concept and in an extraordinary event space. With this leading award, the Financial Centre Frankfurt not only recognized the most promising FinTech, InsurTech and RegTech companies, but cast a spotlight on them. In addition to the high ranking jury members and the creative FinTechs, this year’s award ceremony was made extraordinary by the astounding location and its décor. Everything stood as a symbol of the Golden Garage.

The idea of transforming the event space into a Golden Garage and giving the award a new form, succeeded in symbolizing FinTechs’ ideas. The awards sent a clear signal that the Financial Centre Frankfurt supports and values these companies and their creative power.

The Golden Garages were presented by Dr. Jens Zinke (Managing Director, Börsen-Zeitung), Andreas Lukic (Chairman, Business Angels FrankfurtRheinMain and Jury Chairman) and Dr. Lutz Raettig (President Frankfurt Main Finance). The FinTechGermany Awards ceremony took place in conjunction with the grand opening of the Tech Quartier, Frankfurt’s newest FinTech Centre on November 17, 2016. The jury, consisting of high caliber personalities and experts from finance, capital markets, regulation and FinTech, chose the winners from four categories: Early Stage, Late Stage, Growth Stage and Foreign New Entrant to Germany. Winners’ business models should show the most promise for future success and to add long term value to the marketplace. With a top sponsor like Deutsche Boerse Group, alongside other prominent companies and institutions like EY, Baker & McKenzie and the IHK Frankfurt, the awards were able to win over a broad base of support.

The founder’s prize also provides the start-ups with more access and visibility to investors, whether it be involvement at their founding, IPO or sale, or simply providing feedback on their intrinsic value.

The Golden Garage winners are:

 Seed/Early Stage: Scalable Capital

Scalable Capital’s proprietary technology uses forward-looking projections, based on recent market developments, to measure the level of risk in the ETF products the client is invested in, and then reallocates their portfolio according to their risk limit.

“We are very excited about this recognition. It shows that we are not only in tune with the smart private investors, but also that industry experts are convinced of the potential and value of our technology and our business model.” – Erik Podzuweit, Co-founder and Co-Managing Director of Scalable Capital

Late Stage: CRX Markets

CRX Markets is an independent marketplace for Asset-Based Financing solutions and connects Buyers, Suppliers, Banks and Institutional Investors.

 “We see our winning the FinTechGermany Award as a confirmation of our hard work over the past years and as a thank you to our corporate and banking customers for their trust in CRX. In the coming years, we would like to position CRX as a holistic liquidity platform for financing short-dated assets for our customers. In cooperation with banks, asset managers and family offices, we would like to make deep liquidity in all product classes available for companies, in order to depict transparent and competition oriented corporate financing.” – Moritz von der Linden, CEO of CRX Markets

Growth Stage: WebID Solutions

Heading the WebID Solutions Group, WebID Solutions GmbH is Europe’s leading provider of legally compliant online contract signature and identification products and a worldwide pioneer in the AML compliant face2face online identification segment.

“We feel this recognition strengthens us in our work and WebID’s international growth strategy. From our office in Frankfurt, we will continue driving our expansion together with our numerous WebID partners in 2017.” – Frank S. Jorga, Managing Director and Co-CEO of WebID Solutions GmbH

Foreign new entrant to Germany: Quantoz N.V.

Quantoz is a Dutch technology company that services open, decentralised concepts with pragmatic solutions. For this purpose, they create and implement blockchain-based applications.

“For Quantoz, Germany has been the most attractive market since the beginning and Frankfurt our preferred location. Using our software, banks are able to better able to support their corporate clients with financial handling of processes in conjunction with the continuing digitialisation of industry.” – Henri de Jong, Head of Business Development at Quantoz N.V.

The prize is a perfectly complements the FinTech landscape in the Financial Centre Frankfurt. Alongside the Dialogue Forum FinTech, being a founding member of the Global FinTech Hubs Federation and numerous other activities, the FinTechGermany Awards gave Frankfurt Main Finance another perfect opportunity to showcase the outstanding and innovative FinTechs in the Financial Centre Frankfurt.