The AIFINTECH100 is an annual list of 100 of the world’s most innovative AI solution providers for financial services selected by a panel of industry experts and analysts. These are the companies every financial institution needs to know about as they consider and develop their digital transformation strategies and new customer propositions.

The list is part of a series of studies that highlights the leading companies in sectors such as RegTech, InsurTech and WealthTech to help executives stay on top of the latest innovations. Companies that won places on these lists generated huge awareness among financial services firms. Many were approached directly by banks and financial institutions, while other got a more welcome reception from prospective clients and partners.

Driven by demand from our network, we are pleased to announce the release of the AIFINTECH100 list for 2021. The ranking aims to help senior management and technology executives evaluate which applications of AI in financial services have market potential and are most likely to succeed and have a lasting impact on the industry.

A range of factors was considered by the Advisory Board and FinTech Global team to make the final selection including:

• Industry significance of the problem being solved
• Growth in terms of capital raised, revenue, customer traction
• Innovation of AI technology solution offered
• Potential cost savings, efficiency improvement, impact on the value chain and/or revenue enhancements generated for clients
• How important is it for financial institutions to know about the company?