
JFIA 2021 Overview
JFIA was inaugurated last year to promote innovative initiatives in the financial area by adopting information technology and sharing best practices in the industry, and expects to further expand open innovation beyond the corporate group and business sector. JFIA2021 consists of 3 categories, including Startup, Financial Institution, and Collaboration. FINOLAB, the FinTech Center of Tokyo, administrated the evaluation process by extracting about 600 innovative initiatives from press releases during the year 2020. Final candidates and winners were selected by a group of professionals, FINOVATORS, based on the judging on innovation, growth, and transformation. Further Judgment is scheduled on Feb. 26 at “Future Frontier Fes by FINOLAB (4F) 2021.”
Title
Japan Financial Innovation Award 2021 Ceremony
(at Future Frontier Fes by FINOLAB )
Date and Time
Feb. 26, 2021, 6:00PM – 8:00PM (JST)
Host
FINOLAB Inc.
Co-Host
FINOVATORS
Language
English
Admission
Free
Channel
YouTube FINOLAB CHANNEL
Future Frontier Fes by FINOLAB (4F)
“4F” is an annual event for various stakeholders of financial innovation to gather and discuss their future action. There, the JFIA Award Ceremony, FINOPITCH (a pitch contest by domestic and foreign startups) and its award ceremony, various lectures, keynote speeches and panel discussions are held. It started in 2020 with the aim of becoming a participatory festival where stakeholders of innovation can share their experience and information, as opposed to a conventional conference.
JFIA 2021
Grand Prix and Category Excellence
Grand Prix
Remarks :
The expertise of both proven FinTech players have collaborated to bring attractive offering to retail investors.
Startup Category Excellence
Inspire
Remarks :
Their “IaaS” platform would create a new option for future entrants to the market.
Financial Institution Category Excellence
No Initiative
No Winner
Collaboration Category Excellence
Remarks :
Their new insurance with complicated risk calculation will be promote digitalization of account opening.
Honorary Mention
Remarks :
Creation of new insurance adding to the existing product have provided effective support for those who suffered from the COVID-19 crisis.
JFIA 2021 Winners
Startup
Financial Institution
Collaboration
*In order of announced dater