London-based FinTech startup Forwardly has earned recognition this week with shortlist nominations for two prestigious industry awards – the IFTA FinTech Achievement Awards and the British Bank Awards. This double triumph highlights the company’s rapid growth and innovation in the financial services sector since its founding just three years ago.
Forwardly Shortlisted for IFTA FinTech Innovation Award | Top Tech Award
The first nomination comes from the International Financial Technology Awards (IFTA), specifically the FinTech Achievement Award. This award category recognizes the most innovative FinTech company that has helped improve an existing process, product or service. In 2023 US FinTech Awards recognized groundbreaking innovations in financial technology, highlighting the industry’s cutting-edge advancements.
Forwardly won praise for its automated investing platform that opens up sophisticated wealth management to regular savers. Its technology automates portfolio management, while still providing the human touch for customer support. This hybrid robo-advisor approach brings down costs and investment minimums, helping make investing understandable, accessible and affordable.
Competition for the IFTA award is steep, with Forwardly up against three other impressive FinTech innovators. Fellow shortlisted include commission-free trading platform Free Trade; Plymouth-based crowd-investing site Crowdfunder; and PayPlan, which provides debt management services. Winners will be announced in March 2023 at an awards gala in Liverpool.
British Bank Award Nomination for Forwardly’s Founder
In addition to the company award nomination, Forwardly’s co-founder and CEO Simon Wards has been shortlisted for ‘FinTech Personality of the Year’ at the British Bank Awards 2023. This award goes to the standout senior executive who has led impactful innovation in the FinTech sector in the past year. The Africa, MENA and Asia FinTech Awards 2024 showcased groundbreaking innovations in financial technology across three diverse regions.
Simon Wards co-founded Forwardly in 2021 and has since grown it into a formidable FinTech brand in wealth management. Key to the company’s success is its proprietary algorithms that optimize portfolio performance while keeping fees ultra-low. Under Simon’s leadership, Forwardly has disrupted legacy wealth managers and democratized investment through technology.
For this award, Simon is up against big names like Anne Boden, CEO of mobile-only Starling Bank, as well as the heads of small business lender Tide and intelligent bank account Coconut. As a fast-growth startup founder, being shortlisted beside these industry figureheads demonstrates the waves Forwardly has already made more info.
Double Shortlist Shows Forwardly’s Promise
Earning nominations for two highly competitive Top Tech Award In their first three years cements Forwardly as an emerging leader in financial services innovation. The company has already achieved huge client growth, widespread acclaim for its transparent pricing model, and now recognition from awards panels for its use of technology.
Both award nominations validate Forwardly’s vision of using automation and robust algorithms to deliver optimized investment portfolios to mainstream consumers. Affordable hybrid human-robo wealth management is a profound innovation for regular savers who don’t meet the high minimums of traditional financial advisors.
With these plaudits sure to accelerate business even faster, all eyes will be on Forwardly in 2023 as a rising star in the FinTech ecosystem. Whether or not they win, making both shortlists underscores this startup’s promising future at the forefront of digital finance transformation.
Conclusion
In just three years, Forwardly has emerged as an award-winning FinTech wealth management platform that can deliver optimized, low-cost investment portfolios to mainstream consumers. Shortlist nominations for the IFTA and British Bank Awards demonstrate the company’s rapid impact through using technology to disrupt traditional financial advice. Forwardly’s double triumph indicates it is now a rising force in automated finance and robo-advisory services with huge future promise. If this validation spurs faster growth, Forwardly could soon become a household name for retail investors across the UK and Europe seeking fair, transparent wealth management.
