CELEBRATING MALAYSIA'S FINEST FINTECHS
October 2023 | Kuala Lumpur, Malaysia
AWARD NOMINATION
DEADLINE: EXTENDED UNTIL JULY 21, 2023
ELIGIBILITY CRITERIA
- The nominee should be registered and operating in Malaysia. It should comply with all relevant laws and regulations.
- The nominee should be primarily engaged in developing and providing innovative fintech solutions and fit within the categories of the awards.
- The company should have a sustainable business model and financial stability. This may involve assessing factors such as revenue generation, funding received, profitability, or funding runway.
- All nominations must be submitted before 30th June 2023 to be eligible for consideration.
NOMINATION PHASE
(1 MONTH)
During this phase, we invite nominations from eligible fintech companies and stakeholders to submit their nominations. The fintech companies can either self-nominate or be nominated by other individuals or organizations.
PUBLIC VOTING
(1 MONTH)
After the nomination phase, the awards will move into a public voting phase. During this phase, industry professionals, customers, or stakeholders, are given the opportunity to vote for their preferred fintech companies or solutions.
During this phase, steps will be taken to ensure that a single person is only entitled to a single vote to ensure fairness.
JUDGING PANEL
(1 MONTH)
Once the public voting phase concludes, the awards program enters the judging panel phase. A panel of expert judges, comprising industry experts will be scoring the companies based on the criteria below.
In instances where judges may have potential conflict of interest with nominees, the judge will be asked to exclude themselves from scoring said company.
JUDGING CRITERIA
Innovation
The level of innovation and uniqueness demonstrated by the fintech solution.
Impact
The potential impact of the fintech solution on the financial industry, consumers, or society at large, particularly one that is aligned with Malaysia’s national agenda.
Operational Track Record
The successful implementation and operation of the fintech solution, including metrics such as user adoption, revenue growth, market traction, partnerships, or other relevant indicators of success.
Financial Viability
The sustainability and financial stability of the fintech company, considering factors such as revenue generation, funding received, profitability, or funding runway.
Compliance and Security
Adherence to relevant regulations and industry standards, particularly in areas such as data protection, privacy, cybersecurity, and anti-money laundering (AML) measures.
User Experience
The quality of the user experience provided by the fintech solution, including user interface design, ease of use, customer feedback, and overall customer satisfaction.
Team and Leadership
The capabilities, expertise, and experience of the fintech company’s management team in driving the business forward.
Scalability and Potential
The potential for scalability and growth of the fintech solution, either in the local market or internationally, considering factors such as market size, expansion plans, global relevance, or partnerships with established financial institutions.
Ethical and Social Responsibility
The company’s focus on ethical practices, social responsibility, and sustainable business operations, including environmental impact, social impact, corporate social responsibility initiatives, or ethical business conduct.
Partnerships and Collaborations
Collaborations or partnerships with other fintech companies, financial institutions, or relevant stakeholders that enhance the fintech solution’s capabilities or market reach.
Overall Categories
Founder
of the Year
Individual
Female Leader
of the Year
Individual
Ecosystem Builder
of the Year
Individual
Fintech
of the Year
Top Rising Star
of the Year
Vertical Categories
Top Payments
Startup
Top Wealthtech
Startup
Top ESG
Startup
Top Islamic Fintech
Startup
Top Insurtech
Startup
Top Lending/Financing
Startup
Top Regtech
Startup
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