The latest and greatest at Finovate Europe

Fintechs from all over the world gathered in London this week to demonstrate their latest creations at Finovate Europe. Seventy innovators presented in under seven minutes across two days, and it was down to the audience to decide which seven companies were the ones to watch for 2017.

Congratulations to Backbase, CREALOGIX, Dorsum, eToro, Memento, SaleMove, and Tink for winning Best in Show 2017. All the companies presented were shining examples of how innovation in technology is impacting the way we manage our money, from savings, investments and spending behaviours to artificial intelligence and biometrics.

And Europe is in need of some ‘Finovation’ according to RFi Group data. Openness to the fintech sector is currently lowest in Europe compared to other regions, with 5% of consumers in European markets strongly considering using a fintech company for a product or service in the future, versus 15% of consumers in Asia and 27% of consumers in the Americas. However, consumers in the UK are slightly more interested than other European markets, with 7% of UK consumers indicating that they would strongly consider a fintech provider.

RFi Group were pleased to be part of the Finovate event this year and we look forward to a tech-filled year ahead!

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