Category: Fintech

A successful business that is profitable and enjoyable is about ideas and spending time and money efficiently. Small and medium-sized enterprises often have to spend resources on opening and maintaining bank accounts and related banking services, delaying the development and implementation of new business ideas. In an effort to help SMEs easily start and grow their businesses, Tide offers an innovative solution for fast business registration and current account opening. The effectiveness of this solution has already been proven in thousands of cases around the world. This year, the World Future Awards research team recognized the company’s contribution to the development of the business banking market and named it the winner in the category of Best Mobile Banking Solutions.

World Future Awards is a global award selecting, recognizing, celebrating, and promoting the best products, software, and services that will transform the global economy and define the landscape of the future. The organization researches inventions across all categories, including technology, beauty, health care, food, home, and entertainment, that are making the world better, smarter or even a bit more fun.

By offering small and medium-sized businesses advanced tools for opening and maintaining bank accounts, as well as convenient administrative matters, Tide gives a new impetus to the banking sector for SMEs, freeing more space for entrepreneurs to do what they love.

Tide is a mobile-first business finance platform that provides small and medium enterprises and sole traders with convenient tools to simplify business administration. The platform was launched in 2017, and currently more than 400,000 members across the United Kingdom and India benefit from it. With a keen understanding of SME needs and a constant focus on meeting them, the company is a leader in SME banking in the UK.

Every Tide client gets access to a number of options that allow them to take their business management to the next level. Along with an FSCS-protected bank account, they have a Mastercard that they can use both at home and abroad. Users can conveniently manage invoices, make direct debit payments, and take advantage of real-time business forecasts. The platform integrates with the most common accounting programs, including QuickBooks, Xero, Sage, and others. To attract businesses with accounts at other institutions, Tide allows them to connect their existing accounts through open banking. This way, even businesses that haven’t opened an account with Tide can benefit from the offer.

The development and democratization of the field of financial transactions create an increasingly comfortable and friendly environment for customers. To a large extent, this has been facilitated by a credit system that allows for deferred payment, but increases the final cost of products to consumers. The innovative «buy now, pay later» concept offers a new approach in which shopping becomes not only radically more convenient, but also more economical. Zilch startup is one of the pioneers in this field, which has achieved impressive success in the shortest possible time and has already had a significant impact on the debit and credit card application model. The World Future Awards research team praised the company’s achievements and named Zilch the winner in the category of Best Online Payments.

World Future Awards is a global award selecting, recognizing, celebrating, and promoting the best products, software, and services that will transform the global economy and define the landscape of the future. The organization researches inventions across all categories, including technology, beauty, health care, food, home, and entertainment, that are making the world better, smarter or even a bit more fun.

By changing the field of payments and making it more convenient and profitable for consumers, Zilch is broadening the perspective for the entire market and shaping innovative approaches in an industry that has not changed since the 1950s. Zilch’s success in turning the sector around and creating a better shopping experience was one of the main factors in winning the WFA.

Zilch is a London-based fintech that allows users to pay in installments with 0% overpayment anywhere. The company has created an extensive payment platform that interacts directly with its customers and profits not from interest rates on overpayments on consumer loans, but from the share of retailers’ marketing budgets placed on the platform.

Putting consumers’ interests first, Zilch offers a convenient tool to use the Mastercard virtual credit card and comprehensively manage your cash flow. By installing the Zilch mobile app, the user gets access to a credit card with which he or she can make Pay in 4 purchases. These are payments divided into 4 parts that the buyer has to cover within 6 weeks. The benefit for users is not only the tangible savings, but also the cashback rewards, which, in total, reached £6.5M last year.

If you ask entrepreneurs about the most difficult and annoying aspects that distract from business development, among the common answers will certainly be administrative tasks such as manual accounting, dealing with invoices, taxes, reports, etc. Routine work consumes precious time and resources that could have been devoted to generating ideas and growing the business. The innovative outsourcing platform Osome offers a convenient solution for entrepreneurs to help them take their minds off the routine and focus on more important things. This year, the World Future Awards research team evaluated the platform’s potential and named Osome the winner in the category of Best Accounting Solutions for Business.

World Future Awards is a global award selecting, recognizing, celebrating, and promoting the best products, software, and services that will transform the global economy and define the landscape of the future. The organization researches inventions across all categories, including technology, beauty, health care, food, home, and entertainment, that are making the world better, smarter or even a bit more fun.

The Osome platform is the brainchild of a team of professionals who understand that the well-being of society depends largely on the success and efficiency of entrepreneurs’ businesses. The Osome solution frees them from the administrative routine, freeing up space for productive work and building a better future.

The Singapore-based company was founded in 2018, and during its tenure, it has helped optimize businesses for more than 9,500 clients around the world and facilitated the creation of more than 4,200 companies. The Osome platform offers a one-stop accounting solution that combines digital technology with professional advice and tips from experienced accountants. It is a cloud-based platform available to PC, iOS, and Android users with functionality for incorporation, accounting, and secretarial services.

The use of artificial intelligence and automation makes it possible to simplify and speed up the work with accounting documents many times over. Osome reads and classifies documents, making bookkeeping more convenient and painless. When complex or specific issues arise, a real human specialist is brought in, providing a personalized approach and holistic experience.

One of man’s greatest treasures and values is freedom. For modern man, financial freedom has become part of a comfortable life, simplifying daily transactions and blurring boundaries between individuals and between countries. This is facilitated by the development of neo-banks, which differ from traditional banks in that they provide all financial services exclusively in the virtual digital space. The financial freedom that Zolve neobank brings provides its customers with peace of mind and the ability to devote more time to more important and enjoyable things. The convenience and opportunities Zolve offers to its users have led the World Future Awards research group to recognize it as a winner in the category of Best Neobanks.

Dedicated to seeking better prospects for society, the World Future Awards honor, celebrate, and promote products, software, and services that will transform the global economy and define the landscape of the future. The organization researches inventions across all categories, including technology, beauty, health care, food, home, and entertainment, that are making the world better, smarter or even a bit more fun. Zolve is an innovative company whose efforts are focused on empowering people with a financial presence in multiple countries. To achieve this goal, the Zolve team applies cutting-edge fintech expertise, making its WFA win completely natural and predictable.

Zolve is a cross-border neobank based in San Francisco and Bangalore. The company sees its mission as providing its customers with fair access to global financial products. Zolve’s customers are immigrants coming from India to the United States, often without SSN or U.S. credit history, making it difficult for them to open an account with a traditional bank. Zolve provides such people with bank accounts by opening them through a web portal and mobile app. You can apply for a U.S. bank account while in another country and start using it as soon as you arrive. Working with a neobank is effortless, and its clients easily get cards with high credit limits (up to $10,000) to fully realize their ambitions and dreams.

To get a credit or debit card from Zolve, a person only needs to have a good credit history in their home country, not in the United States. The app also allows direct deposits and mobile payments with a simpler algorithm. With no minimum credit card balance requirements, Zolve provides up to 10% cash back at more than 10,000 merchants.