Madrid, 29th of August, 2023.- Finnovating, the world's first AI-powered global deal-matching platform that connects corporations, investors, and over 100,000 technology startups and scaleups (Fintech, Insurtech, Proptech, etc.), has been named as one of the the top 25 Digital Business Solutions companies in the world by CNBC and Statista.
The list, which is based on a comprehensive analysis by CNBC and Statista of global financial technology companies, recognises Finnovating for its innovative approach to match companies and facilitate business. Finnovating's platform uses artificial intelligence to match companies based on their needs and goals, helping them to find the right partners and collaborators to grow their businesses.
“We are honoured to be recognized by CNBC and Statista as one of the leading Digital Business Solutions companies in the world,” said Finnovating CEO, Rodrigo García de la Cruz. “This recognition is a testament to our team's hard work and dedication to building a AI based platform that helps companies connect and grow. We are committed to continuing to lead global B2B connections as well as the development of digital business solutions for companies, governments and ecosystem builders”, concludes.
In addition to being named as one of the top 25 Digital Business Solutions companies, Finnovating is also recognized as one of the top 200 Fintech companies worldwide. This recognition is based on a number of factors, including the company's size, growth, innovation, and impact on the financial technology industry.
Finnovating has been rapidly growing in recent years, and currently connects over 20,000 companies from 130 countries. The company's platform has facilitated over 20 million interactions between companies, resulting in over $300 million in business.
In May of this year, Finnovating launched MatchGPT®, its most significant disruption to date. MatchGPT® is the first language-based GPT (Generative Pre-Trained Transformer) AI for matching companies and enabling business in the Fintech industry globally.
MatchGPT® has already resulted in over 10 million interactions between companies and is helping to accelerate the growth of the Fintech industry.
“We are excited to continue to innovate and lead the way in the development of digital business solutions,” said García de la Cruz. “We believe that our platform has the potential to revolutionise the way companies connect and grow, and we are committed to making it the go-to platform for technology businesses of all sizes”.
Study Methodology
Statista analysed over 1,500 companies across nine different market segments, evaluating each against a set of key performance indicators, including revenue, user count, and total funding raised.
To identify the top 200 Fintech companies globally, Statista conducted a quantitative analysis of the global market across nine categories: neobanks, digital payments, digital assets, digital financial planning, digital wealth management, alternative financing, alternative lending, digital banking solutions, and digital business solutions.
The final list includes some of the sector's largest companies (Ant Group, Tencent, PayPal, Stripe, Klarna, and Revolut), as well as several emerging companies striving to be relevant in the future of financial services.
Specifically, over 10,000 data points were evaluated, including annual reports, company websites, and news articles in media outlets.
Scoring Model
Statista developed a scoring model for companies by calculating aggregate scores based on their performance relative to their respective KPIs (e.g., revenue and revenue per employee), alongside a separate score for their performance relative to specific KPIs within their respective market segments.
This process led to the selection of between 5 and 40 companies for each individual market segment. To decide which companies made the cut, Statista divided the scoring model into a 40% weighting for general KPIs and a 60% weighting for segment-specific KPIs.
About Finnovating:
Finnovating is the world's first AI-powered global deal-matching platform that connects corporations, investors, and over 100,000 technology startups and scaleups (Fintech, Insurtech, Proptech, etc.). Additionally, it has developed its own MatchGPT®: the first generative AI based on GPT language and proprietary, exclusive information for matching companies and closing deals in the global tech industry. With over 20 million interactions among 100,000 tech companies in more than 130 countries, Finnovating reinvents and fosters B2B collaborations and businesses to drive technology and innovation. Recently, it has been recognized as one of the TOP 200 Fintech companies, as well as one of the TOP 25 most influential Digital Business Solutions companies globally, according to CNBC and Statista. The company is headquartered in Madrid, Spain, and has offices in London, Singapore, and New York City.
