Global Fintech Awards

Rules And Eligibility

Eligibility Criteria: Rules: Fees for the Entry Submission
MEMBER NON-MEMBER
Early Bird 7500 INR / 95$ 9000 INR / 115$
Regular 9000 INR /115$ 11000 INR / 140$
 

No nomination fee to be paid for the 'Special Fintech Achievements' category.

The period considered for the Fintech Start-up of the Year award is from January 1, 2021, to December 31, 2023.

Judging Criteria:

Each entry will be rated against five parameters. Each parameter holds equal weightage.

The final score is the weighted average of parameter scores.

Sr. No Criteria Evaluation Methodology Weightage
1 Innovation How strategic is the innovation for the industry? Is the innovation an original idea or is it copied / inspired from an existing solution within or outside the BFSI industry? How complex is the innovation – simpler or pathbreaking? Technology used 20%
2 Unique Proposition How different and strong is the Unique value proposition? How easy is it to replicate this for other players? Entry barriers? What's the competitive advantage offered? 20%
3 Scalable/ Global Outlook Can the innovation be scaled to serve a large number of customers / geographies with consistency and without constantly being reinvented or adjusted? How global is the service/product/platform? Does it cater to a one-time unique need or customer demand? Or is it designed to meet the changing requirement / future needs 20%
4 Customer Impact What value does it deliver to the customer? What's the reach/user base of this service/product/platform? Is there a demand for the proposed innovation? How big is the demand / target market for which the innovation is intended? How easy it is for customers to adopt/use? 20%
5 Revenue Generating/ Cost Saving Potential How relevant is the innovation to the core business / overall organization strategy for revenue generation or saving costs? What's the growth rate at which the product/platform is growing? Return on investment. 20%