We’re delighted to announce that Identiq has been chosen as a “Most Promising Fintech” by a panel of expert judges for the annual list published by Citi, Discount Bank and Visa. As Calcalist put it, they chose the “startups they are most excited about.”

The winning companies were selected by 30 financial entities and venture capital funds operating in Israel, including Viola, Pitango, Team8, Entree Capital, Qumra Capital, and more. At the yearly award ceremony, Identiq was selected by a panel of expert judges as the “The Most Promising Early Stage Company.” 

Identiq was one of seven companies to be honored in the awards. The others are leaders in the payments, trading and investments, lending and financing, insurtech, infrastructure and cybersecurity fields - Balance, Sharegain, Obligo, Planck, Unit, and Panorays.

“We have to... figure out how to use new financial tools and new institutions to be able to empower a broader range of people in society. My belief is that by working together we bring people together,” said Michael Eisenberg, Partner at the venture capitalist firm Aleph, at the award ceremony. “Through financial innovation, we can work across a broader sense of populations, geographies, and nationalities to be able to do this and bring people together.” Identiq, whose network makes identity validation easy and reliable even for communities which have traditionally been underserved, such as the unbanked community, is a great fit within that context.

This year's list also reflected the new wave of innovation which is bringing a breath of fresh air, and real change, to the fintech sector. Ornit Shinar, Citi Israel’s Head of External Innovation and Head of Venture Investing, said, "We are excited to see all the new names that got added to the list this year, congratulations to the winners and we all look forward to seeing you grow from strength to strength."