Banqer wins Best FinTech Innovation Award at Afiniation Showcase

Marc Evans

Marc Evans

Wellington-based startup Banqer, the online platform that facilitates the teaching of financial education in the classroom in a fun engaging way creating a virtual ‘classroom currency’, took out the Best Innovation in Show Award at the recent Afiniation FinTech Showcase.

The Afiniation Showcase, held at the Ivy Ballroom in Sydney, featured over 30 of Australia and New Zealand’s top FinTech innovators, sponsors including AustralianSuper and Dion and keynote speakers including the NSW Minister for Innovation and Better Regulation, Victor Dominello, Citi’s Managing Director of Customer Franchise, Linda Duncombe and the NZ Trade Commissioner David McLeish.

Afiniation co-founder and head judge Marc Evans explained, “Banqer helps children who have their own bank accounts get a rich understanding of what it means to be in charge of your own personal finances. As a result the judges felt that Banqer was the most innovative and interesting presenter at the Showcase as they showed that society and FinTech can work together.”

Banqer co-founder Kendall Flutey said, “”The Afiniation Showcase was our first introduction to the Australian FinTech community and we couldn’t have asked for a better entry point. This initiative was the perfect platform for Banqer as it enabled conversations with the right people, people that we may otherwise not have been able to meet. The calibre of the demonstrators at the Showcase was extremely high, so it’s a real honour for Banqer to be named best in show. A huge thanks to the organisers of the Afiniation Showcase for fostering this community, and we look forward to future involvements.”

Runner up for Best in Show went to another New Zealand-based company, 8Wire who showed an automated solution to the migration of data between systems, a problem encountered by many companies at the showcase and generally regarded as the highest risk part of any FinTech project.

The Award for Best New Entrant went to Capital Pitch with Simply Wall St taking the runner up award. Marc Evans commented, “CapitalPitch adds a new way of assisting innovative companies to prepare for the future and allows organisations to grow and develop with better access to capital. They were a worthy Best New Entrant winner. Simply Wall St has developed a new way of representing complex financial information to allow easy comparisons by non-technical users. It was a close content in this category.”

Simply Wall St co-founder Nick van den Berg said, “The Afiniation Showcase was a great event to attend, it was a good mix of startups, regulators and corporates all keen to drive FinTech forward. I have no doubt that deals and relationships between these groups will form because of the event bringing them together. I’m very proud that we came runner up in the New Entrant category. There was an extremely high calibre of people presenting which is a reflection of the FinTech scene both in Australia and New Zealand. We are very much looking forward to attending future Afiniation events.”

The Disruption award highlights the innovative presenter that the judges felt have a significant disruptive event on the current market and participants and in this category DomaCom took the top prize with HashChing the runner up.

Marc Evans explained, “The winners in the Disruption category are going to change the way that the financial markets work moving forward. We felt that DomaCom really is a new way to invest in the Australian housing market and that this new innovation will fundamentally disrupt the way people invest in housing in Australia.”

DomaCom CEO Arthur Naoumidis said, “I am very pleased to have the disruptive nature of the DomaCom Fractional Property platform recognised by winning the Afiniation Showcase Disrupter Award. With over 30 Australian and NZ FinTech companies presenting last Thursday, innovation is well and truly alive in the local FinTech arena.”

The Technology Award recognises the best advances in technology that will influence FinTech in the future. Top honours here went to Sharesight the company who offers a way to manage online investments in one place, whilst consolidating positions across a number of platforms. Runner up was innovative online meetings and conferencing service SuiteBox with its clever new way to connect with clients, share documents and gain a better understand financial products.

The final award of the Afiniation Showcase was for Best Robo-Advice product where the winner was Ignition Wealth with its service offering customers the ability to easily and seamlessly execute automatically on the decision made around their plan. Runner up in the Technology Award category was BigFuture and its excellent and compelling financial planning tool for both beginner and experts alike.

BigFuture co-founder and CEO Donald Hellyer said, “The Afiniation conference provided not only a great forum to demonstrate BigFuture but also to meet other developers where natural relationships exist.”

Marc Evans concluded, “The Afiniation Showcase was an unparalleled success. The sold out event brought together the crème de la crème of FinTech innovators and investors all keenly intent on driving FinTech in Australia and New Zealand forward.”


Click here to view highlights from the recent Afiniation Showcase.


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