PriyaPatel
TLDR:
- CNBC and Statista are seeking nominations for the world’s top fintech and insurtech companies.
- Companies must focus on technology-based finance products to qualify.
Article Summary:
CNBC and independent research firm Statista are collaborating to identify the top fintech and insurtech companies globally. Nominations are open for companies that develop innovative finance-related products and services. Last year’s list featured companies like Ant Group, Tencent, PayPal, and Klarna. The insurtech list comes in response to the growing digital disruption in the insurance industry, which is expected to reach $6.5 trillion in 2023.
Companies can apply by submitting information about their business model and performance indicators. For the first time, they will need to identify their main competitors. The deadline for submissions is April 24, 2024. Fintech companies will be recognized for their success in categories such as payments, neobanking, and digital assets, while insurtech companies will be categorized based on value chain innovations and new business models. Further information can be found on CNBC’s website.
