Abu Dhabi — The MENA Fintech Association (MFTA), the leading not-for-profit organization committed to fostering innovation and collaboration within the fintech community across the Middle East and North Africa, proudly unveiled the winners of the highly anticipated MFTA Awards 2024, held during Fintech Day at Abu Dhabi Finance Week. The awards recognize outstanding contributions and innovations in the fintech ecosystem across the MENA region, celebrating excellence in various categories.
Nameer Khan, Chairman of the MENA Fintech Association, said: “We are incredibly proud to honor these innovators who are not only transforming the financial technology landscape but also shaping the future of how we engage with financial services in the MENA region and beyond. Their groundbreaking contributions reflect the true spirit of resilience, creativity, and collaboration that defines our industry. At the MENA Fintech Association, we believe in fostering an ecosystem that thrives on such excellence and pushes boundaries to create a more inclusive, efficient, and tech-forward financial world. Congratulations to all the winners—your achievements are a testament to the power of vision and execution, and we look forward to seeing how you continue to drive meaningful change.”
The MFTA Awards 2024 were adjudicated by a distinguished panel of industry leaders and experts who brought extensive knowledge and experience to the evaluation process. The jury, comprising fintech innovators, policymakers, and thought leaders, meticulously assessed each nomination to ensure that the most deserving candidates were recognized. Their commitment to upholding the highest standards of excellence played a pivotal role in identifying the trailblazers of the MENA fintech ecosystem.
Meet the Esteemed Jury
The esteemed jury included Henri Arslanian, Co-Founder – Nine Blocks Capital Management; Bouchra Darwazah, Managing Director – Galaxy; Suvo Sarkar, Founder & CEO – 3D Advisory; Bryan Stirewalt, MENA Financial Services Regulatory Leader – EY; Clyde Rosanowski, Sr. Vice-President, Head of Corporate Solutions EEMEA – Mastercard; Charles Lobo, Sr. Vice President & Regional Risk Officer CEMEA – Visa; Renier Lemmens, Chairman of the board at TransferGo; Mohammed Ismaeel Hameedaldin, Partner at TOUGHLOVE Advisors and Chairman of The Marketing Society.
Winners of the MFTA Awards 2024:
Best Digital Lending Platform: Magnati — Recognized for revolutionizing digital lending with seamless, secure, and efficient solutions.
Best Payments Solution: Checkout.com — Honored for delivering exceptional payment solutions that enhance financial transactions for businesses and individuals alike.
Best Mobile Payment Solution: Yalla Super App — Awarded for its innovative and user-friendly approach to mobile payments, transforming everyday financial interactions.
Best Innovative Payment Technology: Magnati — Commended for pioneering cutting-edge payment technologies that set new benchmarks in the industry.
Best Merchant Solution: Telr — Celebrated for empowering merchants with comprehensive solutions that streamline business operations and enhance customer experiences.
Best Corporate Solutions: Azakaw — Recognized for delivering outstanding corporate solutions that drive efficiency and growth.
Best RegTech Solution: Idenfo — Honored for setting new standards in regulatory technology with innovative compliance solutions.
Best KYC Solution: Uqudo — Celebrated for redefining the Know Your Customer (KYC) process with advanced, secure, and user-centric technology.
Best Fintech Onboarding: Norbloc — Acknowledged for streamlining onboarding processes through innovative, secure, and efficient platforms.
Best Banking Partner: Traydstream — Recognized for its exceptional collaboration and partnership initiatives that support the banking industry.
Best Blockchain-Based Solution: Norbloc — Awarded for leveraging blockchain technology to deliver transformative solutions with lasting impact.
Best Financial Education Initiative: Yabi — Honored for its dedication to improving financial literacy and education through innovative programs.
Best Fintech Marketing: Geidea — Recognized for its impactful and strategic marketing efforts that elevate fintech awareness and adoption.
Fintech of the Year: Paysky — Celebrated for its outstanding overall contributions to the fintech industry and its role in shaping the future of financial services.
The MFTA Awards reflect the spirit of innovation and collaboration that drives the fintech industry in the MENA region. Each winner has demonstrated exceptional performance, showcasing their ability to lead and inspire positive change in the financial landscape.
