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Wallet Factory

Company: Wallet Factory
Company Description: Wallet Factory is a FinTech provider of reliable products & services for financial companies. Based on the Wallet-as-a-Service model, the company offers its clients a wide range of custom-built solutions to jumpstart any kind of digital financial business. Banks and other businesses can capitalize on easily deployable tools like eWallets, loyalty programs, and much more.
Nomination Category: Technology Categories
Nomination Sub Category: Award for the Innovation in Technology Development - Financial Services Industries

2022 Stevie WinnerNomination Title: Wallet Factory Company's Software Development Innovation

 

  1. Provide an essay of up to 625 words describing the nominee's innovative achievements since July 1 2019:

     

    Total 618 words used.

    Hi the MENA Stevie® Awards Judging Committee,

    We are Wallet Factory, a FinTech software solutions provider. We help financial businesses improve financial inclusion in underbanked communities by enabling them with reliable software services and custom-built products.

    Our eWallets and digital payment solutions have already been working in MENA, South-East Asia, LatAm and other regions. There our clients give access to online financial services for numerous smartphone users.

    For financial businesses like banks and telecoms, our FinTech services is a good and quick start to go digital with an all-in software suite having everything their B2C customers might need. What’s more, we also provide financial companies with business applications that let them involve a great number of smaller participants like merchants and agents into the process. So, all the three groups of stakeholders can capitalize on the services we are ready to offer.

    Our innovative achievements are based on our social responsibility mindset. While helping companies improve financial inclusion, the services we provide contribute to the overall economic growth of the region. We give exactly what our clients expect from our services:

    • Security
      |
    • Scalability
       
    • Flexibility and Compliance
       
    • Partnering intelligence

    Also, our unique Wallet-as-a-Service (WaaS) delivery model allows for quick and easy start in the digital services market. We give the technology edge not only for financial scaleups, but also for traditional banks, which have never offered their customers with online financial services before. We provide our clients with comprehensive end-to-end software development, delivery, and support services. It means that businesses can deploy and capitalize on digital financial services right from the start, not having to be tech-savvy or waste money on in-house IT departments.

    Wallet Factory has come a long way from being a simple outsourcing software development company to a niche-specific software service provider. We are glad to always partner with looking-forward companies that realize the importance of accelerating financial inclusion for unbanked and underbanked communities. And we are honored to be part of it.

    Yet another thing that makes us different from commonplace software development companies is our first-hand practical financial experience in what we do for our clients. Unlike many other IT companies comprising mostly ex-programmers with poor industry expertise, the core team of Wallet Factory includes seasoned professionals coming from two industry verticals—banking and payment services. It was six years ago when we decided to start creating our own FinTech software products while entering the underbanked markets where financial inclusion is still an issue.

    For instance, Mikhail Miro, our Co-Founder and CEO, has been in the financial industry for 15 years working on leading positions in the international banking field. Starting own FinTech business was inspired by a desire to help people leverage digital financial services on the go via their smart phones. Having vast experience in the financial and banking industries, Mikhail had an insider’s view on what things end customers of financial services were usually missing. And while others were trying to impress clients, we honed in on improving user experiences.

    On the other hand, we perfectly knew that banks and mobile operators were not happy with universal ready-made solutions as a one-size-fits-all approach didn’t seem to work for the financial industry. For them to stay competitive, ePayment apps had to be flexible and scalable and tailored to locale-specifics. Given what our clients really needed, we started delivering robust software products that would ensure accelerated time-to-market and outright revenue growth rates.

    For now, Wallet Factory has a win-win strategy that ensures reliable services, timely support, and technology-first approach that benefits all the stakeholders.

    Thank you for your consideration. Please find additional facts, details, and case studies in the PDF file attached herein. Also, here's the list of media mentions, both global & regional.

Attachments/Videos/Links:
Wallet Factory Company's Software Development Innovation
PDF Company_milestones_and_case_studies.pdf
DOCX Wallet_Factory_News_and_Press_Releases.docx