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Shortlist announced for bba/ifs Financial Innovation Awards

21 October, 2015

Some of the UK’s most exciting start-ups, as well as many of the world’s largest financial services organisations, are among those hoping to win a prestigious bba/ifs Financial Innovation Award.

The most widely recognised awards ceremony within the financial services industry, the bba/ifs Financial Innovation Awards are now in their 18th year and will be presented at the Grand Connaught Rooms on Thursday 3 December. The awards are presented in partnership by ifs University College, the university college for financial education and the BBA, the leading trade association for the UK banking sector.

More than 100 entries will be competing for a coveted “spark of innovation” trophy across 22 awards, which include categories such as “Best financial start-up”, “Most innovative use of technology in financial services” and “Best community banking initiative”.

Among those entering this year are start-ups Genie, which aims to promote home ownership without the need for a mortgage or deposit; iwoca, a finance provider for small businesses across the UK and MarketInvoice, an online platform to help small businesses access funds in outstanding invoices, as well as established FTSE100 companies Barclays, HSBC and Lloyds.

Commenting on the announcement of the finalists, Chris Ray, Director at ifs University College, said:

We were delighted to receive so many nominations for this year’s awards and our finalists represent a wide cross-section of our diverse industry. From the start-ups who are finding new ways to connect with businesses and customers, to the established organisations who demonstrate innovation year-upon-year, the awards showcase the very best initiatives demonstrating creativity, vision and leadership in the sector.

Now begins the hard work for the judges, who will have a difficult job in selecting the eventual winners from so many high-quality nominations. We wish every finalist the best of luck.”

For a full list of all the shortlisted finalists, please visit: http://fia.ifslearning.ac.uk/finalists-2015/finalists-2015