MatchMove Pay Emerges as Top Innovator at Global Banking Event in Boston
Singapore company defeats a strong line-up of 14 other finalists in global fintech competition
Boston and Singapore, 7 October 2014 – MatchMove Pay was proud to be awarded as the “2014 Winning Innovator” in the SWIFT Innotribe Challenge Grand Finale held at Sibos Boston on 1 October, where they presented MatchMove Wallet, Asia’s first eWallet that lets anyone shop safely online using virtual cards from major networks like American Express, Visa and Mastercard.
MatchMove first received the “Top Innovator” award in the European round of the competition, held in London earlier this May, thus qualifying the company for the Finals in Boston. The power of the MatchMove Wallet lies in its unique B2B platform capability that enables major consumer brands, telcos and even banks to easily issue secure virtual pre-paid cards to millions of potential shoppers with smartphones in Asia and emerging markets.
Shailesh Naik, Founder and CEO of MatchMove said, “We are truly humbled to have won this award and for gaining global credibility and recognition for the immense potential of our product. We have also proven that ground-breaking technological and fintech innovation from countries like Singapore is possible. We believe that the common vision to make payment for online shopping accessible and safe for all is now finally a reality.”
“Especially after listening to Bill Gates speak at the plenary session of this SIBOS event, with his focus on the importance of providing mobile payments services to the millions of unbanked and uncarded in developing economies, we are more convinced than ever that the MatchMove Wallet is a commercial mission with a strong social imperative that can truly transform the quality of life for many people around the world”.
This year over 280 companies from around the world applied to the Startup and Innovator Challenges, with 47 eventually selected to enter the competition. 15 of the world’s most promising fintech startups and growth-stage companies were then shortlisted for the Grand Finale of the Innotribe Challenge where they presented their products and strategies to an audience of hundreds of the financial industry’s most influential innovators and investors, industry experts, venture capitalists, and press.
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Online Marketing Strategist
About MatchMove Global
MatchMove Global, is an exclusive digital entertainment and social enterprise solution for many global brands. MatchMove Pay has since launched MatchMove Wallet, a globally recognized mobile eWallet that aims to provide safe, easy and fast online shopping experience for consumers.
Since its establishment in 2009, MatchMove has been awarded the Red Herring Top 100 Asia, Red Herring 100 Global (2012) and Marketing Excellence Awards (2013). MatchMove was also ranked the fastest-growing technology company in Southeast Asia in the Deloitte Technology Fast 500 Asia Pacific last year.
To find out more, please visit
Website : www.mmvpay.com
Facebook : www.facebook.com/matchmovewallet
Twitter : www.twitter.com/matchmovewallet
Official Hashtag : #matchmovewallet
SWIFT Innotribe is about connecting people, networks and ideas – bringing together global startups and innovators with investors, strategists, and influential decision-makers from leading financial institutions across the globe. The initiative seeks to bridge the gap between the startup ecosystem and the financial services industry, looking for products and services that could disrupt current business models and create opportunities for new ones. For more information, please visit www.innotribe.com or follow us on Twitter: @innotribe and Linkedin: Innotribe.
SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories. SWIFT enables its users to exchange automated, standardised financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest. For more information, please visit www.swift.com or follow us on Twitter: @swiftcommunity and LinkedIn: SWIFT.
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