Prestigious Annual Awards Program Recognizes Outstanding Financial Technology Products And Companies Around the World
BOULDER, Colo. and NEW YORK – March 14, 2024 – TIFIN, a leading AI and innovation platform for wealth, today announced that it has been selected as winner of the “Best FinTech Startup” award in the 8th 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.
TIFIN creates companies to improve wealth outcomes and acts as an AI partner to leading financial institutions to help them develop new solutions to fill the gaps in their technology stacks.
TIFIN recently launched an initiative dedicated to conceiving and developing cohorts of AI-powered fintech companies. Use cases include client portfolio insights for advisors, alternative investing, wealth management in the workplace, and insurance among others. Examples of co-developed solutions include generative AI for private markets, employee benefits, donor advised funds, employee charitable giving solutions, and more.
From direct investors to advisors to asset managers, TIFIN’s platforms offer a wide range of capabilities to remove frictions and create engaging experiences. The first step is to identify challenges that investors face and address them with investment algorithms and science as well as AI and software. Production-ready products are usually ready in six to 12 months with real-time feedback from an ecosystem of asset managers and financial advisors. The result is personalized products that provide artificial intelligence and enable actionability.
“TIFIN’s innovation lies in their position as the premier co-development partner for financial institutions. Along with demand for personalization and intelligence, the use of large language models to create both supervised and generative AI solutions has the potential to solve friction points across the financial services industry,” said Steve Johansson, Managing Director, FinTech Breakthrough. “At the intersection of AI and wealth, TIFIN, with its ecosystem of capabilities and partners, is helping the financial industry to improve wealth outcomes by accelerating opportunity, access, and impact. We’re thrilled to name them ‘Best FinTech Startup!”
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. Its judging process considers ‘breakthroughs’ in the areas of innovation, performance, ease of use, functionality, value and impact.
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 excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.
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.
About TIFIN
TIFIN is an AI and innovation platform for better wealth outcomes. Founded by Dr. Vinay Nair, TIFIN creates and operates new companies that apply data science, AI, and technology to address frictions in wealth and asset management. TIFIN’s companies have included 55ip (sold to JP Morgan), Paralel and currently include Magnifi, TIFIN Wealth, TIFIN Give, TIFIN AG, TIFIN AMP, Sage, Helix, and TIFIN @Work. TIFIN has been backed by JP Morgan, Morningstar, Hamilton Lane, Franklin Templeton, SEI, Motive Partners, and Broadridge among others.
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