June 09, 2021
Modefin named Star Performer in IBSI Sales League Table 2021
For a company credited with many firsts in the fintech domain, here is yet another industry first.
In the 2021 Sales League Table (SLT) announced by UK-based IBS Intelligence (IBSI), Modefin has been ranked No. 1 in “SLT New Entrant – Star Performance,” under Digital Banking and Channels.
IBSI ranks products across categories in its Annual SLT. The IBSI SLT 2021 includes systems purchases made by over 1000+ banks across 180+ products from 60 suppliers across the Americas, Europe, Middle East, Africa, APAC and ASEAN.
The ranking, considered a global industry barometer, features only the best of best performers from world over in 12 categories which include Retail Banking, Wholesale Banking, Wealth Management and Islamic Banking. For the management team at Modefin, the SLT Table 2021 accolade for New Entrant – Star Performance under Digital Banking, is a testimony to pioneering efforts, seamless delivery and sustained customer satisfaction.
Says Amit Darda, COO, “When it comes to industry awards in fintech, SLT Table is the pinnacle. In our very first year of participation, we are most grateful for being chosen as Star Performer. We dedicate this award to whom it rightfully belongs – our customers, stakeholders and team members.”
Indranil Basu Roy, Chief Business Officer responsible for Sales, Marketing and Solutions Consulting, believes the timing could not have been better. “Almost every customer in the geographies we serve is looking at digital as a key pillar of their growth strategy, more so due to the pandemic. Their implicit trust in Modefin as their partner in this journey is validated by the award. Our customers know they can bank on us.”
Headquartered in Bengaluru, India, Modefin was founded in 2011 by a team of technology professionals whose collective goal was to transform digital banking. Ten years later, their dream is close to reality with Modefin emerging as the preferred fintech partner for over 65 banks in 20+ countries, with on-ground presence in Africa, Asia-Pacific and Middle East.
Modefin’s many firsts in digital banking include:
- First to launch multi channel banking system in Kenya
- First to launch Agency banking in Kenya
- First to launch Cardless withdrawal in Uganda
- First to launch Mobile-based account opening
- First to launch Micro saving and Micro lending in East Africa
- First to implement mVisa Services in Africa*
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Shravani: +91 99406 84925/ [email protected]