Philippines’ Ayannah wins Fintech Finals 2017 in Hong Kong

Ayannah CEO Mikko Perez raising a trophy after winning the FF17 competition in Hong Kong (visual from Perez's Facebook page)

Philippine fintech startup Ayannah won on January 19 the Fintech Finals 2017 (FF17) in Hong Kong, edging out 22 global competitors.

Held at PMQ in Hong Kong, the event was brought by global payments technology company Visa, as part of the StartmeupHK Festival, and was hosted by NextMoney, a global fintech community focusing on the reinvention of finance through design, innovation and entrepreneurship.

The mature stage startup was awarded with $10,000, and was also invited for a co-creation engagement with Visa at its Innovation Center in Singapore, to explore and ideate on business solutions and opportunities together with a team of subject matter experts from across Visa’s business.

Also Read: Exclusive: Ayannah raising $3m financing, ropes in 500 Startups & Life.SREDA as investors

All 23 startup finalists were given six minutes to pitch on stage before judges, a live audience of fintech professionals, enthusiasts and media.

Ayannah provides affordable and accessible digital financial services for the world’s unbanked.

“We are thrilled and honoured to receive this recognition this year! We look forward to keeping this momentum going and will work on continuing to grow our business with the proceeds,” said Ayannah CEO Miguel Perez of the Best in Show winner.

Three Best In Category trophies were also distributed namely Bamu from Singapore for Best Early Stage Startup, DarcMatter from USA as Best Growth Stage Startup, and BIMA from Sweden which claimed the Best Mature Stage Startup.

Also Read: PH fintech Ayannah wins Rising Expo 2015 startup contest in Indonesia

All winners will also receive the benefits of partnership opportunities and promotion through Next Money channels.

Next Money founder and FF17 organizer Rob Findlay said it has been an incredible two days of fintech, and predicted all the winners will continue to influence the future of fintech in Asia.

“We are thrilled for Ayannah on their well-deserved Best in Show win, and we congratulate and applaud all of the startups that participated these past two days for their absolute dedication and passion for innovation,” Findlay said.

Also Read:

Philippines: Fintech startups Acudeen, First Circle join hands to target SMEs

Irish fintech startup First Circle gets $1.2m seed capital, to expand in SE Asia

Philippines: Kakao’s KVG backs fintech startup Satoshi Citadel

Philippines: 14 promising startups to watch in 2017