Wealth Migrate placed in the top three at the first ever African FinTech Awards, held at the Sandton Convention Centre yesterday.
The African FinTech Awards and Conference is the biggest FinTech event of the African Continent. The main purpose of the African FinTech Awards is to celebrate innovators that shape the future of finance and acknowledge the work these companies do to make a difference. The Awards formed part of the Finance Indaba – the largest Finance event on the continent visited by 5 000 finance professionals.
“We are incredibly proud of our team to have done so well in the first FinTech awards that we’ve entered into” says Jay Thomson, Chief Digital Officer at Wealth Migrate. “It was great to be a part of such an important landmark event which will impact the entire FinTech community. We got to see the rising stars from the start-up scene and also those from a later stage who are scaling up – many of whom are expanding into Africa and globally. It was a great experience to meet our peers and network”
The selection process for the awards consisted of two rounds. Firstly, FinTech companies were nominated by experts, stakeholders and investors from all over the world. The next step was to determine the African FinTech 100 – consisting of the best 100 African FinTech companies – which was generated by combining public and expert voting. Over 30 000 FinTech enthusiasts from all over Africa voted for their favorite FinTech company or bank during the voting competition.
The second and final round took place at the Sandton Convention Centre on Thursday 13 October 2016. The Top 3 FinTech companies within each category were required to give a pitch in front of a panel of top-notch judges, followed by a Q&A session of 5 minutes with the judges. All of this resulting in Wealth Migrate placing in the top 3 of the awards.
“We are fiercely passionate about our vision – to empower a billion people by 2020, by providing them with direct access to the best opportunities in real estate, globally” explains Jay.
“Established in 2010, Wealth Migrate is a leading online real estate investment platform. We make investing in high yield, institutional quality, first world real estate accessible, safe and affordable for everyone online. They can earn US dollar based income and capital growth. We do this by leveraging big data technology, global teams on the ground, and the social power of collective buying through crowdfunding” explains Jay.
“Ultimately, what makes our work important is that we help the 99% invest like the top 1% to create more financial freedom in their lives. We are closing the wealth gap – brick by brick. We’ve created a new market in-between the traditional real estate and tech sectors and we have a proven track record of successfully bringing first time international real estate investors to first world markets”.