Economy

Oz Forensics bags the Fintech Startup of the Year award

Updated : December 19, 2018 07:36 PM IST

As part of the award, Oz Forensics will showcase their product at LendIt Fintech USA 2019 in San Francisco, the release said.

Startups and delegates from over 10 countries participated in the award show and showcased more than 200 products.

Russia-based tech startup Oz Forensics won the Fintech Startup of the Year award in an event organised by India FinTech Forum (IFF).

As part of the award, Oz Forensics will showcase their product at LendIt Fintech USA 2019 in San Francisco, IFF said in a statement.

Three startups- Appnomic from India, Hydrogen from USA, Ezetap from India won the Fintech Rising Star trophies.

Startups and delegates from over 10 countries participated in the award show and showcased more than 200 products. Maharashtra government was the chief strategic partner, and the event was hosted by Bombay Stock Exchange (BSE).

“We have not even scratched the surface of the ocean in fintech. There are lot of opportunities in financial inclusion, fintech in healthcare, in education, in agriculture, fintech in government. There is so much to do in fintech here. I think it is a great time for the entrepreneurs, for startup companies, even for multinational fintech companies for the Indian market,” said J A Chowdary, special chief secretary and IT advisor to the chief minister of Andhra Pradesh.

“I’m very happy to be here at IFTA today. We’re launching a couple of things at IFTA. The first is the EY India Fintech Compendium which has all the top use cases that fintechs are working on today. The second is the EY India Fintech

Hub, an online collaboration portal where fintechs can lay out their solution, see what EY India has to offer and we’re building a community around that so banks can also be a part of that portal,” said Mahesh Makhija, partner and leader, Digital and FinTech, EY.

Have you signed up for Primo, our daily newsletter?

It has all the stories and data on the market, business, economy and tech that you need to know.

To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more