1. Investor of the year
One of the key elements necessary for a FinTech to succeed is financial support. This Award is presented to the investor (firm or individual) whose financial support created the most innovative technologies and/or developed the FinTech space the most in Canada. This Award is targeted at recognizing the investor who has shown the most initiative in supporting FinTech companies with the capital that they needed to grow their businesses, and shifts the focus on the people working behind the scenes on FinTech financing in an impactful way. The investor will not necessarily have invested the most capital, in dollar terms in the FinTech sector, but that will be a factor.
2. FinTech of the year - Startup & Incumbent
There are 2 Awards in this category. One Award is presented to a newly emerged, fast-growing, up-and-coming FinTech company in Canada that has shown the most entrepreneurial success in the past year in FinTech.
A second Award is presented to an incumbent FinTech company that has been providing products and/or services to enable financial institutions for a longer period of time and is actively engaged in innovation creation with financial service providers.
Success is measured on a number of factors, including innovative technology, solving a technology need, capturing a new sector or market with FinTech, disruption of a service or market segment, application of product or service and traction in, or ability to obtain traction in the international marketplace.
3. Financial institution innovator of the year
This Award is for the Canadian financial institution, bank or credit union or other financial institution that has had a positive impact in FinTech in Canada either by breaking down silos to support innovation internally, by creating innovating and novel FinTech for the financial institution, or by entering into partnerships that support or allow for the development of FinTech at the institutional level. This Award is not designed for financial institutions that deploy FinTech created and branded by other firms but rather is designed to recognize internal innovative initiatives at the institution that engage employees and support innovation designed in Canada by Canadians. It will also take into account a financial institution that has collaborated with the FinTech sector in an impactful way that helped to sustain the development of FinTech in Canada.
4. Professional service firm or professional of the year
This Award is for the professional services firm, company or person (such as a law firm, accounting firm or consultant) that has been the most active and impactful in the FinTech space. This Award ideally is for the professional services firm that has been in the FinTech or startup space for a number of years and is recognized as such by its peers and in the course of its services as a services firm, has been instrumental and impactful in helping to launch or grow FinTech companies either through legal advice, advisory services or services that were engaged for FinTech financings. This Award is designed to recognize those firms that have been involved in the space for some time and have made an impact as a result of longevity in FinTech space for startups.
5. Governance, thought leader or organization of the year
This Award is for a person, team or organization working in a government organization, government funded organization, a NGO or not for profit that has been the most supportive and created the most awareness for FinTech in Canada. In essence, this Award recognizes anyone or any organization that champions or advances FinTech as a service to Canadians. Support could come in the way of financial support, or the development of technologies or ideas through research or by convening conferences that have had a material impact on Canada by importing internationally leading speakers in FinTech. This Award is targeted at a person or organization that is recognized as a leader in FinTech by their peers in the sector.
6. Academic institution most supportive of FinTech
This Award is presented to an academic institution, university, or person at an academic institution, that encourages FinTech innovation and development and has been supportive in an inclusive manner of the various players in the FinTech space. The Award is focussed on activities that involve student engagement, courses, ecosystem support, thought leadership or the development of a startup ecosystem for innovation at the university level that could encompass mentoring, training, coaching and other support systems.
7. Accelerator, incubator or entrepreneurial network or firm most supportive of FinTech
This Award is presented to the accelerator, incubator, or entrepreneurial network or company that has demonstrated success in helping FinTech startups to launch their businesses, or develop technology and work with others in the sector to develop innovative products or services that have an impact. This Award is targeted at recognizing the importance of incubators, accelerators, entrepreneurial networks and similar supportive-type firms in fostering ecosystem support or other forms of support in Canada that advance the state of technology and innovation in Canada, or for all Canadians or that engage with all stakeholders in an inclusive manner across the sector. It is intended to also capture technology firms as part of the entrepreneurial network or companies that have an active play in FinTech technology development, or supportive FinTech technology, that leads to the advancement of FinTech for Canada which may not necessarily be part of an accelerator or incubator.
8. Global impact in FinTech
This Award is designed to recognize a non-Canadian or a Canadian, who has made an impact in FinTech internationally. In order to be eligible, the nominee must have worked in the FinTech space for at least three years with an international impact and have independent recognition of his or her work. This Award is not designed for a person who promotes FinTech internationally but rather is designed to recognize a person who has made an impact in the space by virtue of their thought leadership, or work that involves more than Canada and who is considered to be a game-changer by experts in FinTech.