What is the Quarterly Fintech Spotlight?

As the number of Fintech vendors across the financial services space continues to expand year over year, the market struggles to keep up with interesting, emerging and impactful fintech vendors. The Wholesale Banking Fintech Spotlight is a quarterly series of reports looking at select emerging fintech vendors active in the wholesale banking space. With the vendor landscape increasingly crowded and banks and their clients facing a growing array of choice, the spotlight series aims to provide insight on interesting vendors that offer a strong unique selling point and innovative approach from a partnership or competitor perspective.

Featured fintech vendors are selected by analysts based on their level of innovation, and interesting approaches to wider business challenges facing the wholesale banking market from both a bank and customer perspective.

 

 Categories for Consideration: 

  • Payments
  • Receivables
  • Money management
  • Core banking platforms
  • Onboarding
  • Digital Banking
  • Data management & analytics
  • Lending

 

 Requirements for Participation:

  • Fintech Vendors must agree to be featured: All vendors must be willing to offer a briefing to Aite analysts as required. Featured vendors will have the right to review their profile and check for accuracy.
  • Revenue of less than US$100 million: The Fintech Spotlight is focused on smaller scale emergent and/or disruptive fintech vendors. The goal is not to provide a platform for legacy vendor giants.
  • Must have existing clients: Vendor solutions featured in the spotlight must be live in the field directly with at least one bank, or commercial customer. Where possible vendors should provide client references that are willing to speak with Aite Group
  • Focus on financial services: Vendor solutions must be aimed directly at banking services and technology areas that are primary to bank offerings to their WB customers. Services/solutions sold directly to business/commercial end users must be in an area that otherwise competes with banks. Organizations active in multiple verticals must have a dedicated product or service arm of activity in the financial services space.
  • Featured vendors must have a clear USP: Featured vendors will need to be able to demonstrate a clear unique selling point that makes them disruptive and or standout from competing products in the field. These USPs should meet a clear business need from banks and/or corporate, mid-market or small-business clients.
  • No limit on age of fintech vendor: Older, established fintech vendors will be considered for inclusion if they can demonstrate an interesting approach and clear USP as above.
  • Analysts have final say on inclusion: Fintech Spotlight is not pay for play - Analysts will choose vendors to include based on their knowledge of particular WB product, technology and service categories, and choose vendors who they feel demonstrate an interesting, unique, high impact, or otherwise disruptive offering that Aite Group clients should be aware of.

 

2020 Timeline:

    1. Open for submissions: 1st month of each quarter (April, July, October)

    2. Analyst review and vendor briefings: 2nd month of each quarter (May, August, November)

    3. Final selection of vendors: 2nd month of each quarter (May, August, November)

    4. Report production and distribution: 3rd month of each quarter (June, September, December)
     

In cases where Aite Group receives a large number of compelling submissions, some fintechs may be profiled in a report published in a future quarter and not necessarily the quarter of their submission.