News and Announcements
Geniusto Has Been Recognised As One Of Asia’s Best Banking Startups
- Published June 28, 2021 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Geniusto made the headlines again at the Daily Finance by bagging a 2021 Best Banking Startups recognition by the digital finance magazine. This recognition is a testament to the quality and reliability of their technology and to the entire Geniusto team. They thank the Daily Finance for this honour and as they continue to innovate the banking industry through their digital platforms, they look forward to earning this honour again in the future.
Original post by Daily Finance:
“This article showcases our top picks for the best Singapore based Banking companies. These startups and companies are taking a variety of approaches to innovating the Banking industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
Innovation – Innovative ideas
– Innovative route to market
– Innovative product Growth
– Exceptional growth
– Exceptional growth strategy Management Societal impact”
About Geniusto International LTD
Geniusto is a fintech enabler, a solutions and services provider. This is not just what we do. It is who we are. We deliver end-to-end next-gen digital banking technologies to: Banking, Securities, Finance, Insurance (BSFI) and other sectors globally. Working closely with local and global partners, we enable solutions that accelerate economic growth through: digital transformation, financial inclusion, and financial education. The ASEAN region is our new focus, in addition to countries across Europe and MENA.
Headquartered in Perth, Australia with operations in: Philippines, Singapore, & UK, our “Bank-in-the-Box“ modernizes and transforms legacy institutions. Our technology is supported by 4 in-demand platforms:
- Omni-Channel
- Loans Management
- Core Banking
- “ePera,” a social banking “B2B2C” ecosystem currently being deployed for 20M users in ASEAN.
In 2019, USD1.4M in SaaS revenue was generated which represents a 40% increase from the previous year. Since 2015, more than 40+ projects across 25+ countries were completed servicing 5M+ mobile/internet banking users. The ASEAN region is ripe for digitalization and we are in the cusp of making maiden revenue under a new monetization model, bringing additional exponential revenue growth by combining SaaS, recurring annual subscriptions and transaction fees.
We are now scaling further into ASEAN: Indonesia, Malaysia, and Vietnam. COVID-19 has provided the catalyst for financial institutions and insurance companies to accelerate their digital transformation.
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