Thirty-four (34) firms and individuals in Ghana’s Fintech industry who distinguished themselves in the year 2023 were rewarded at this year’s Ghana Fintech Awards, where prestige, pomp and splendor converged in a dazzling display of innovation and achievement.
The highly anticipated event, jointly organized by the Ghana Fintech and Payments Association and Arkel Limited, recognized and celebrated the outstanding contributions of fintech companies and individuals in driving financial inclusion, technological advancement, and economic growth in Ghana.
Among the notable winners was Archie Hesse (CEO, GhIPSS), who was awarded the Lifetime Achievement for Financial Inclusion. Broadspectrum Digital Payments won most awards (nine) on the night for its ground-breaking ideas in the Fintech and AgriTech space in Ghana. Jumo also won four awards, including the recognition of its founder Jeremy Quainoo as the Fintech Personality of the Year for his outstanding leadership and contributions to the advancement of the fintech industry in Ghana.
The awards gala, attended by industry leaders, policymakers, investors, and fintech enthusiasts, showcased the remarkable achievements and ground-breaking innovations within Ghana’s fintech ecosystem. From disruptive start-ups to established industry players, the event highlighted the diversity and dynamism of the sector.
In addition to honouring exemplary achievements in the fintech sector, the awards gala served as a platform to launch two significant initiatives aimed at promoting diversity and amplifying voices within the industry. The inaugural launch of “Women in Fintech” and “Top Fintech Voices” underscored the commitment of the Ghana’s Fintech community to foster inclusivity and recognize the diverse talents driving innovation in the sector.
The event also saw a debate on Balancing Innovation and Compliance in Creating a Digital Economy. The debate underscored the importance of striking a harmonious equilibrium between innovation and compliance to unleash the full potential of Ghana’s digital economy. Panelists deliberated on the challenges posed by evolving regulatory frameworks and consumer protection concerns, emphasizing the need for collaborative efforts to address these issues while nurturing a conducive environment for fintech innovation.
Commenting on the significance of the awards, Head of Fintech and Innovation Office of the Bank of Ghana, Kwame Oppong underscored the vital role of the Ghana Fintech awards in fostering collaboration and reflection within the Fintech community.
He said, by providing a platform for industry players to convene and discuss the trajectory of Fintech in Ghana, the awards serve as more than just a recognition of achievements; they represent a forum for dialogue and innovation.
The awards ceremony featured multiple categories, including Fintech Startup company of the year, Lifetime Achievements award, Leading Fintech Solutions Provider of the year, and Fintech Company of the Year, among others.
Awards
Each category celebrated the achievements of companies and individuals who have demonstrated exceptional vision, creativity, and impact in their respective fields.
The Ghana Fintech Awards not only served as a platform to honuor excellence but also fostered networking opportunities and collaboration within the fintech community. Attendees had the chance to connect with industry peers, explore new partnerships, and gain insights into emerging trends and technologies shaping the future of finance in Ghana.
As Ghana continues to position itself as a leading hub for fintech innovation in Africa, events like the Ghana Fintech Awards play a crucial role in spotlighting the achievements of the industry and inspiring future generations of fintech entrepreneurs and innovators.
Find the full list of award winners below:
- Mobile Banking App of the Year – CalBank App
- Digital Bank of the Year – First Atlantic Bank
- ESG Bank of the Year – CalBank
- Banking Innovative Product of the Year (Retail) – Stanbic Bank
- Banking Innovative Product of the Year (SME/Corporate) – First Atlantic Bank’s Corporate Pay (Corporate Pay/Atlantic Pay)
- Fintech & Bank Partnership of the Year – Jumo, Ecobank & MTN
- Fintech & Non-bank Partnership of the Year – Broadspectrum Digital Payments & Nedco App
- Agritech of the Year – Agrospectrum Limited (Broadspectrum)
- Healthtech of the Year – DrugNet
- Edutech of the Year – AyaHQ
- Insurtech/Pentech Company of the Year – Hubtel Insurance and Insurerity Digital
- Regtech Solution of the Year – Bank of Ghana – Orass
- Fintech Personality of the Year (Male) – Razak Awudulai (Broadspectrum Group)
- Fintech Personality of the Year (Female) – Mary Boateng-Coleman (Brassica Pay)
- Fintech CTO/CIO of the Year – Lovestone E. Mamattah (Broadspectrum Group)
- Young Fintech Leader of the Year – Jeremy Quainoo (Jumo)
- IT/Tech Firm of the Year – Broadspectrum Limited
- Leading Payments Technologies Service Provider – eTranzact Ghana Ltd
- Fintech Discovery of the Year – Broadspectrum Digital Payment
- Emerging technology of the Year – WeWire Africa
- Blockchain Company of the Year – Paybox
- Leading Fintech Solutions Provider – AppsnMobile
- Fintech Platform of the Year – Jumo Ghana
- Fintech Innovation of the Year – Motito Limited
- UI/UX Fintech Company of the Year – Mobile Money Limited (MTN MoMo)
- E-Commerce Solution of the Year – Credstore Africa
- Cybersecurity Company of the Year – Innovare Africa
- Compliant Fintech Company of the Year – Broadspectrum Digital Payment
- Regulator of the Year – Bank of Ghana
- Fintech for Financial Inclusion Firm of the Year – Jumo Ghana
- Fintech Start-up of the Year – Broadspectrum Digital Payment
- Fintech Company of the Year – Broadspectrum Digital Payment
- Female-led Fintech Company of the Year – Mary Boateng-Coleman (Brassica Group)
- Lifetime Achievement for Financial Inclusion (Honorary Award) – Archie Hesse, CEO – GhIPSS
