Latest news with #FinTechBreakthrough
Yahoo
25-03-2025
- Business
- Yahoo
Snap Finance Mobile App Awarded FinTech Breakthrough's Best Overall FinTech Mobile App of 2025
FinTech Breakthrough's 9th annual awards recognize Snap Finance for strong brand identity, seamless customer journey integration, and exceptional user experience SALT LAKE CITY, March 25, 2025--(BUSINESS WIRE)--Snap Finance LLC, a leading provider of innovative and convenient pay-over-time financing solutions, announced today that its mobile app has been named the Best Overall FinTech Mobile App in the 9th annual FinTech Breakthrough Awards program. This prestigious honor from FinTech Breakthrough, an independent market intelligence organization that highlights top companies and products in the global fintech industry, underscores the app's standout performance in a highly competitive field. The FinTech Breakthrough Awards program attracts thousands of nominations from around the world each year, making Snap Finance's win a significant achievement in the fintech sector. Snap Finance's mobile app earned the top spot in its category due to three key factors that drive its success: Strong brand identity: The app reflects Snap Finance's brand values at every touchpoint, instilling trust and recognition among users. Seamless integration in the customer journey: From browsing partner merchants to applying for financing and managing payments, the app is woven into every step of the customer's experience, delivering a frictionless lease-to-own financing journey. Exceptional user experience (UX): The app's intuitive design and features have led to outstanding customer satisfaction, earning an average of 4.9 out of 5 stars across the Apple App Store and Google Play and surpassing 800,000 downloads within its first year. These elements make the Snap Finance app a one-stop solution for customers looking to manage their financing needs. Users can browse and connect with Snap's network of merchant partners, apply for Snap's lease-to-own financing, and track and complete their payments, all through the app's user-friendly interface. "We designed the Snap Finance app to fully integrate our brand's identity into a seamless customer journey for our users," said Michael Minor, Executive Vice President and Chief Product Officer, Snap Finance. "The response from customers has been incredible, with almost one million app downloads - and it's transforming how they shop, pay, and engage with us daily. This recognition from FinTech Breakthrough proves that a great user experience can drive customer adoption and success." "Winning the FinTech Breakthrough Award is an incredible honor for our team," said Ted Saunders, Chief Executive Officer, Snap Finance. "It spotlights our mobile app's innovative features and reinforces our mission to provide financial flexibility to those who need it most. Being recognized as the best fintech mobile app motivates us to continue pushing the boundaries of what's possible as we help more customers gain access to essential goods and services." Launched in early 2024, the Snap Finance app has quickly become a cornerstone of Snap Finance's customer experience strategy, ensuring that users, especially those with credit challenges, have an even more convenient and empowering way to manage their finances on the go. Follow Snap Finance on social media: LinkedIn | Instagram | Facebook | X About Snap Finance Snap Finance harnesses the power of data to empower consumers of all credit types to get what they need. Launched in 2012, Snap's technology utilizes more than a decade of data, machine learning, and nontraditional risk variables to create a proprietary platform that looks at each customer through a more holistic lens. Snap's lease-to-own and credit solutions are changing the face and pace of consumer retail finance. For more information, visit About FinTech Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring breakthrough innovation in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the standout achievements of FinTech companies and products in categories that include Payments, Personal Finance, Cryptocurrency, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose. View source version on Contacts For media inquiries: media@ Sign in to access your portfolio
Associated Press
19-03-2025
- Business
- Associated Press
Fruitful Named 'Best Financial Planning Platform' In 9th Annual FinTech Breakthrough Awards Program
Today, Fruitful, the financial membership helping Americans understand, organize, and optimize their finances, announced that it has been selected as 'Best Financial Planning Platform' in the 9th annual FinTech Breakthrough Awards. The FinTech Breakthrough Awards are presented by FinTech Breakthrough, a leading market intelligence organization that recognizes the world's most innovative companies, technologies, and products in the FinTech market. 'The entire Fruitful team is honored to have been chosen as the 'Best Financial Planning Platform' by the FinTech Breakthrough Awards,' said Sam Lewis, CEO of Fruitful. 'This recognition is a testament to the dedication and hard work of our team and highlights our commitment to redefining financial wellness for Americans. The financial services industry continues to embrace outdated banking and advisory models, leaving many Americans in a financial 'no-man's land,' Fruitful is pioneering a completely new approach. Our goal is to empower our members to get organized, earn more, and achieve their financial goals. We're excited to continue helping our members save, spend, invest, and manage their finances stress-free and with confidence.' The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders, and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Decentralized Finance, Lending, Payments, Investments, RegTech, InsurTech and more. The 2025 FinTech Breakthrough Awards program attracted thousands of nominations from across the globe. Last month, Fruitful launched Fruitful Cash Accounts and Fruitful Card, which work in concert to upend traditional banking models and provide users with a seamless, transparent financial experience that maximizes earnings, rewards, and financial control, all with no fees, no credit card debt risk, and no carryover balances. Fruitful Cash & Card are available as part of Fruitful's $98/month membership that includes one-on-one financial guidance tailored to members' unique lifestyles, goals, and stressors, seamlessly integrated with smarter, stress-free saving, spending, and investing. About Fruitful Fruitful is the financial membership helping Americans understand, organize, and optimize their finances. Fruitful provides one-on-one financial guidance tailored to members' unique lifestyles, goals, and stressors, seamlessly integrated with stress-free saving, spending, and investing. Fruitful members get partnered with a supportive and judgment-free CERTIFIED FINANCIAL PLANNER™ who provides ongoing, actionable advice and easy-to-implement investment strategies to help them make the most of their money. Fruitful is less than half the cost of traditional advisory firms 1, with no account fees or minimums to join, and includes 5.00% Annual Percentage Yield 2 Cash Accounts, 0% management fee investing, and up to 2% cash back 3 on all spending. Learn more at Disclosures © Fruitful 2025 — All rights reserved. 'Fruitful' refers to Fruitful, Inc. and its wholly-owned subsidiaries, Fruitful Financial, LLC and Fruitful Advisory, LLC, an SEC-registered investment adviser. Benefits of a Fruitful membership are made available by Fruitful to members with an active subscription. Fruitful is a financial technology company, not a bank. Deposit accounts provided by Emigrant Bank, Member FDIC. The Fruitful Card is issued by Emigrant Bank pursuant to license by Mastercard International Incorporated. To learn more about Fruitful Advisory, LLC please view its Form ADV Part 2 and Form CRS available at Registration with the SEC does not imply any level of skill or training. All investing involves risk, including the risk of losing the money you invest. Investment products and advisory services provided by Fruitful Advisory, LLC not Emigrant Bank, and are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value. The FinTech Breakthrough Award was given on March 19 and covers the year 2025. The judging criteria was determined by the FinTech Breakthrough judging process: No fee was paid to receive or be considered for this award. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements. 1 Cost of traditional advisory firms sourced from The Kitces Report, Volume 2, 2022, Figure 61. Distribution Of Typical Annual Retainer Fee. 2 The Annual Percentage Yield (APY) is accurate as of 3/19/2025. The interest rate and corresponding APY is variable and set at our discretion. Interest is compounded daily and paid monthly. Interest rates may change as often as daily without prior notice. Fees may reduce earnings. Julie Halpin [email protected] SOURCE: Fruitful Copyright Business Wire 2025. PUB: 03/19/2025 11:51 AM/DISC: 03/19/2025 11:52 AM
Associated Press
19-03-2025
- Business
- Associated Press
EquityZen Named 'Best Retail Investment Platform' in 2025 FinTech Breakthrough Awards Program
EquityZen, the leading pre-IPO marketplace for individual accredited investors, today announced that it has been selected as winner of the 'Best Retail Investment Platform' award in the 9th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today. EquityZen's marketplace connects buyers and sellers of shares in pre-IPO companies, making the private market accessible to accredited individual investors with one of the category's lowest investment minimums of $5,000. EquityZen leverages its established network and reputation to offer curated investment offerings in leading venture backed technology companies to investors across industries like artificial intelligence, cybersecurity, and fintech. By providing exclusive private market data and insights, EquityZen empowers clients to make informed decisions. The comprehensive investment platform delivers secure, compliant, fully streamlined processes and an intuitive, personalized interface. Guidance from private market investment specialists is also available. As a private market leader, EquityZen has enabled over 44,000 company-approved private market investments in over 450 late-stage companies for their clients since 2013. 'EquityZen is opening up the private markets to the widest possible audience of investors and shareholders, not just the institutions who have always been able to invest in them. Companies are staying private longer than ever, making private market investing an essential component of a diversified portfolio,' said Steve Johansson, Managing Director, FinTech Breakthrough. 'Over the last decade, growth equity returns have moved to the private market, and EquityZen is answering the growing investor demand for private market access. By automating an antiquated offline process, EquityZen is leading the charge of building more efficient, cost-effective, and transparent private markets for investors of all sizes.' The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders, and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech, and many more. 'Our 710,000+ clients are predominantly individual investors, many of whom we've enabled to invest in late stage private companies for the first time. We believe the private market is the home of innovation and want to open investment access to as many investors as possible,' said Atish Davda, CEO and co-founder of EquityZen. 'It's an honor to be named 'Best Retail Investment Platform' by FinTech Breakthrough. We'll continue to innovate and build a platform that can enable private markets for the public.' EquityZen Inc. was awarded a 2024 Fintech Breakthrough Award by Tech Breakthrough LLC on March 19, 2025, based on the prior year and covering calendar year 2024, and has compensated FinTech Breakthrough LLC for use of its name and logo in connection with the award. FinTech Breakthrough LLC is a third party and has no affiliation with EquityZen. Since 2013, the EquityZen marketplace has enabled the buying and selling of shares in private companies. EquityZen brings together over 700,000 investors and shareholders, providing liquidity to early shareholders and private market access to accredited investors for as little as $5,000 up to well over $5 million. Having completed more than 45,000 private placements in more than 450 private companies, EquityZen leads the way in delivering 'Private Markets for the Public'. Media Contact
Yahoo
19-03-2025
- Business
- Yahoo
Credit Sesame Wins "Best Personal Finance App" at the 2025 FinTech Breakthrough Awards
SAN FRANCISCO, March 19, 2025 /PRNewswire/ -- Credit Sesame, a leading financial wellness platform, has been named the "Best Personal Finance App" at the 2025 FinTech Breakthrough Awards, an annual program recognizing the most innovative companies, products, and services in the global financial technology industry. Credit Sesame's selection as a winner underscores its groundbreaking work in credit-building solutions, AI-powered insights, and financial wellness tools that empower consumers to take control of their credit and overall financial health. "We are honored to be recognized as the Best Personal Finance App by FinTech Breakthrough," said Adrian Nazari, Founder and CEO of Credit Sesame. "Our platform continues to push the boundaries of AI and fintech innovation, ensuring our users have access to personalized, actionable strategies to improve their financial health." Now in its ninth year, the FinTech Breakthrough Awards received over 4,500 nominations from top fintech companies worldwide. As a 2025 FinTech Breakthrough Award winner, Credit Sesame joins an elite list of industry leaders, including Mastercard, Citi, Experian, Capital One, and more. Credit Sesame's innovative platform's interface, Sesame RingTM, revolutionizes how users view and interact with their credit – all for free. Powered by AI, the interface makes it easier for users to see their credit in context, take control of their credit, make informed decisions, and follow an interactive game plan to stay on track. Sesame Ring provides a dynamic and visually organized view of important credit factors that make up the Sesame GradeTM and personalized action plans, helping them understand their overall credit health and how to reach their goals. Sesame AI leverages Credit Sesame's deep understanding of the credit models, market, credit providers, and its users. The AI models, trained on years of data and over 1.7 billion new daily data points, generate over 5.4 billion recommendations per month that encompass score simulations, user actions, likelihood of approval, and rankings of choices and options, equipping customers with insights and tailored action plans. Building on its success with consumer products, Credit Sesame recently launched "Sesame for Businesses" to bring its award-winning credit and financial insights platform to partners. Since its founding in 2010, Credit Sesame has helped millions of consumers build credit with their everyday habits, improve their credit scores, increase approval odds, lower their cost of credit, and save money. Through its direct-to-consumer offerings and new B2B platform, Credit Sesame is accelerating financial wellness at scale across the country. About Credit SesameCredit Sesame is a leading financial wellness company dedicated to helping consumers achieve better credit and financial health through cutting-edge technology and data-driven solutions. With a decade of credit expertise and a proven track record of serving over 18 million users, Credit Sesame leverages AI and advanced analytics to empower individuals to improve their credit scores, enhance approval odds, and reduce credit costs. The recently launched Sesame Credit Intelligence Platform extends this mission by providing institutions with a turnkey AI-powered credit intelligence solution. It enables businesses to offer personalized credit and financial wellness experiences, driving deeper customer engagement and growth. Backed by leading institutional and strategic investors, Credit Sesame operates across the U.S. For more information, visit Contact:Kate Laursen2036105879392159@ View original content to download multimedia: SOURCE Credit Sesame Sign in to access your portfolio
