As the FinTech ecosystem has evolved over the years, regulating the accelerated adoption of advanced technologies has become increasingly complex. MEDICI Team has consistently kept up to date with the leading players in the regulatory technology (RegTech[1]) space, and has followed the latest trends in the industry.
Continuing the series of awards run by MEDICI and its partners, which have seen a tremendous success in cross-segment chapters (MEDICI Top 21 – AI Awards[2], MEDICI Top 21 – Blockchain Awards[3], and MEDICI Top 21 – InsurTech Awards[4]), MEDICI in partnership with EY is proud to announce the world’s most innovative companies building the future of regulatory compliance in the financial services industry (download the RegTech Top 21: A Global View of RegTech Innovation Report[5] created by MEDICI in partnership with EY).
Hundreds of companies were rigorously screened and evaluated by MEDICI Team and hand-picked global partners, including EY, identifying seven leaders from each region: EMEA, APAC, and the Americas.
Evaluation criteria
The MEDICI team worked very closely with our partner judges to create an evaluation framework that could be applied to effectively rate companies across multiple RegTech verticals, and various stages of product development.
The startups were identified from three different regions — EMEA, APAC, and Asia, — and were evaluated in two phases. In the first round of evaluation, 600+ startups were identified from the MEDICI platform that work in the RegTech space. The first round was followed by elimination of startups that didn’t fit the pre-identified criteria, i.e., startups founded before 2007, and startups which have filed for an IPO.
Each company was rated each company
