Payments companies shine during insight packed awards ceremony

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Open Finance
09/01/2023 Article
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Sarah Kocianski


Open Finance Community Leader

In September 2022, Qorus and Capgemini launched the Open Finance community with the first area of focus being payments. In December, we held an awards ceremony to highlight the most innovative players in this space and the winners of the latest Qorus-Capgemini NewTech Challenge.

In order to find the winners, we assessed hundreds of companies before narrowing the field down to our seven finalists: Libeo, Onestep, Modulr, Token, Unbanked, Wallet Factory and M2P. We then asked Qorus members, website visitors and a jury of specially selected experts to vote for the three companies they thought best met our criteria, which were:

●    Originality – Why is the solution different? How inventive, innovative, unique and distinguished is the solution in the market?

●    Internationality – Performance at the cross-country level, the degree of internalization 

●    Business potential – Pain solver: How big and important is the business problem and the level of pain being solved? Is this solution going to solve it at scale? 

●    Impact – Traction: Is the solution capable of generating significant revenue and having strong traction?

●    Wow factor: How excited are you about the projects?

We gave extra weight to our expert jury’s votes, and the winners were announced at an event on 14 December which you can watch below. 

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