CuneXus was recognized as one of ten early stage financial technology (fintech) companies to watch in an industry report entitled “The 50 Best Fintech Innovators,” published by KPMG, AWI and the Financial Services Council (FSC).
The 50 Best Fintech Innovators report is a collaborative effort between AWI, KPMG Australia and the FSC and analyses the global fintech space. The report highlights those companies globally that are taking advantage of technology and driving disruption within the financial services industry.
The process for selecting the top 50 innovators involved a universal search for innovative fintech companies to create a comprehensive list that was then ranked based on 4 factors: total capital raised, rate of capital raising, location and degree of sub industry disruption and the judging panel’s subjective rating of the degree of product, service, customer experience and business model innovation. A formula was then used to combine this data and determine the overall ranking.