Katipult Wins Award and $100,000 at the Singapore FinTech Festival
Nov 15, 2018, 07:00 ET
VANCOUVER, Nov. 15, 2018 /CNW/ - Katipult Technology Corp. (TSXV:FUND - Frankfurt: K10) ("Katipult" or the "Company"), an industry leading and award-winning fintech company, is honoured to announce that it was announced as an award winner at the 2018 Singapore FinTech Festival ("SFF"), the world's largest platform for the global FinTech community, and received a cash prize of $100,000 SGD.
40 finalists were shortlisted from more than 280 global submissions, with entries evaluated based on four criteria: impact, practicality, interoperability, and uniqueness and creativity. The winners were selected by a panel of 17 judges who represent a cross-section of international and local experts from the private and public sectors, including representatives of HSBC, Deloitte, DBS Bank. Accenture and Boston Consulting among others.
It is a great achievement for Katipult to have been the recipient of one of only 12 awards.
The SFF is the world's largest FinTech festival and global platform for the FinTech community, drawing more than 30,000 participants last year which comprised of FinTech players, technopreneurs, policy makers, financial industry leaders, investors including private equity players and venture capitalists, and academics. The 2018 Festival has seen participants from over 100 countries and hosted more than 250 global luminaries and 400 exhibitors. The Festival is organized by the Monetary Authority of Singapore (MAS) in partnership with The Association of Banks in Singapore and in collaboration with SingEx Holdings. Festival Grand Sponsors include AMTD, Deloitte, GIC, Google Cloud and Prudential.
"We are proud to be recognized at the world's largest fintech event alongside some very exciting names in the space, and I think this shows the transformative potential that Katipult is bringing to our industry," said Brock Murray, CEO of Katipult. "This award is recognition for things we've accomplished to date and it's very encouraging to see that the industry and our peers are excited about our potential and future growth" continued Murray.
About Katipult
Katipult (www.katipult.com) is a financial technology (FinTech) company offering proprietary, cloud-based software infrastructure on a white label basis that allows client firms to design, set up, and operate their own branded investment platform across multiple distribution channels - including web, mobile, and social media. Businesses deploying the Katipult platform are operating in over 20 regulatory environments to grow investor networks, efficiently manage investors, and streamline deal-flow administration in the areas of equities, debt and real estate.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement:
Cautionary Note Regarding Forward Looking Statements: Certain disclosure in this release, including statements regarding the increased or continued industry interest in the Company's product, future growth constitute forward-looking statements. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including, but not limited to, the Company's product will continue to operate as expected, the industry will continue to see value in the Company's product, support and other individuals required to execute the Company's plans. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
SOURCE Katipult Technology Corp.
For further information: Katipult Technology Corp., Brock Murray, CEO, [email protected], 587-393-3981