The Monetary Authority of Singapore (MAS) has recognized the fintech company Bravery as a finalist in the Singapore FinTech Festival (SFF) Global FinTech Awards 2022. Considered by many to be the industry’s Oscars, the Singapore FinTech Festival’s Global FinTech Awards (the world’s largest fintech festival) is the industry’s highest honor for fintech innovation.
This year’s awards recognize innovative initiatives that have demonstrated the potential to create new opportunities for growth, transform industry practices, promote financial inclusion and proactively integrate environmental, social and governance (ESG) factors into the overall business model. The theme of this year’s awards ceremony is “Discovering Digital, Creating a New Normal.”
Bravery is the only Australian firm to be shortlisted as a finalist, competing against 131 truly global change agents representing Europe, the US, Asia and the Middle East.
Bravery The shortlist for these prestigious awards recognized the company’s cloud-based mortgage assessment platform and suite of smart digital tools (including mobile apps) that deliver significant operational efficiencies, risk and compliance management, and a digital customer experience. This enables sustainable lending practices and first-of-its-kind ESG property data collection. This additional data enables address verification, property benchmarking, sustainability measurement and seamless digital reporting for the lender.
Commenting on this year’s finalists, Ms Wong Wanyi, Head of FinTech at PwC Singapore’s Venture Center, said: “After years of digital acceleration and development of solutions by industry players amid the global pandemic, we are seeing a new level of maturity and innovation in ESG and payments-related solutions at this year’s FinTech Awards. This represents positive progress in empowering organizations to advance their sustainability and financial inclusion agenda, which in turn will open up new opportunities for transformation and growth.”
Coincidentally, this month Valocity also celebrates 8 years since launching its platform in Australasia, where it now provides solutions for over 90% of the New Zealand market. Valocity now delivers world-class innovation and transformation to the entire real estate ecosystem, operating in nearly 1,000 cities worldwide.
Founder and Global CEO Carmen Wietzlich (pictured) said: “We have always focused on building a world-class solution that is scalable for markets like India and customizable for markets like Australia where banks want to differentiate themselves to provide seamless user journeys for the entire property ecosystem. We’re extremely proud to be recognized on the global stage, and it’s a huge credit to our amazing team of game-changers who create magic through collaboration with our innovative clients!”
The winners of the Singapore FinTech Festival Global FinTech Awards 2022 will be announced this week on November 3.