Bank-Genie Selected as a 2016 Red Herring Top 100 Asia Winner

By: PRLog
Singapore based FINTECH STARTUP selected as TOP 100 Asia winner at RED HERRING Awards ceremony at Makati/Manila
RAFFLES PLACE, Singapore - Sept. 19, 2016 - PRLog -- Red Herring announced its Top 100 Asia award winners in recognition of the leading private companies from the region, celebrating these startups' innovations and technologies across their respective industries.

Red Herring Top 100 Asia enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 2000 privately financed companies each year in Asia. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Google, Facebook, Kakao, Alibaba, Twitter, Rakuten, Salesforce.com, Xiaomi and YouTube would change the way we live and work.

"In 2016, selecting the top achievers was difficult as always," said Alex Vieux, publisher and CEO of Red Herring. "The variety, depth, disruption and traction we saw from the early stage companies to those with significant scale made 2016 a great vintage to judge. The Asia winners are representative of the amazing ecosystem that never ceases to astound, with new and experienced entrepreneurs continuing to push the barriers of innovation. As one of the winners, Bank-Genie should be proud of its accomplishment."

Bank-Genie (http://www.bank-genie.com) is a Singapore-based FINTECH startup operating in 16+ countries with a focus on ASEAN and AFRICA which has developed its own banking technology solution that helps banks create virtual branches that will enable them to carry out all retail branch operations from anywhere.

"We dedicate this award to the team of Bank-Genie who believed in the goal of creating a banking technology product that can help Banks create virtual branches anywhere," said Ramkumar Sarma, CEO & Co-Founder of Bank-Genie, a Singapore-based FINTECH startup.

Red Herring's editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, DNA of the founders, business model, customer footprint and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the "buzz" and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Asia.

Red Herring is a global media company, which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums, including print, online and exclusive events worldwide. Red Herring provides an insider's view and access to the global innovation economy, identifying new and innovative technology companies and entrepreneurs.

Contact
Bank-Genie Pte Ltd, Ramkumar Sarma
***@bank-genie.com

Photos: (Click photo to enlarge)

Bank-Genie Pte Ltd Logo image

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