Finvasia Nominated for Benzinga Global Fintech Awards, NYC (USA)

4 min read
Business Wire India

The finalists for 2017 Benzinga Global Fintech Awards have been announced and Finvasia has been nominated as a finalist for this premier award event. Finvasia is India's only Fintech company to be nominated as Finalist for these awards. As an Exhibitor of this event, the company will be showcasing its upcoming Artificial Intelligence based products SMART and SCALPERT, an advanced Charting and Trading platform during the demo sessions. This event will also see the company becoming India's first and only NSE commercial clearing member that offers ZERO Clearing and Trading services all Foreign Portfolio Investors (previously known as FPIs, Foreign Institutional Investor).

In its third year, Benzinga Global Fintech Awards are dedicated to celebrate the accomplishments of the disruptive businesses and innovators reshaping the capital markets around the world. With over 350 nominations, the winners will be selected by a panel of expert judges from a pool of 225 finalists. The finalists will be ranked by the judging panel, comprising of over 30 leaders from every Fintech vertical, in terms of how innovative their products are and their potential to reshape the finance industry.

Winners will be announced at the event on 11th of May, 2017. Over 500 Fintech influencers and innovators will gather in New York City to celebrate the achievements of the dynamic people and Fintech businesses from across the globe. Various executives from Press and Media such as WSJ, Forbes, Business Insider, Entrepreneur, Bloomberg, CNBC as well as various Venture Capitalists, PE and industry leaders will grace the event. 50 Fintech companies will exhibit their products and offering to an audience of Founders, C-Suite executives, directors of some of the biggest Fintech companies, brokerages, banks, Quants, hedge funds, VCs and more. The conference with commence with panel discussions and product demo sessions by few Fintech companies, followed by the awards ceremony and networking dinner.

Speaking about the event, Tajinder Singh (Natty Virk) CEO and Sarvjeet Singh Virk, (Managing Director) Finvasia said "We're pleased and excited to be part of the Benzinga Fintech Awards. The event will provide us a strong voice and vital network to show the global Fintech community how digital India is transforming the financial sector. With more retail investors looking to diversify their portfolio, AI and Robo-advisory combined with machine learning tools shall widen their options to new opportunities. We plan to exhibit and give demo of our various Fintech products ranging from digital account, in-house charting & trading software along with other AI based platforms. The best part is Everything at Zero commission".

"India being one of the fast moving Fintech spaces, we are looking forward to see the innovation and disruptive ideas to be shared. Our mission is to bring together the most provocative thought leaders, innovative start-ups, and global superpowers to discuss & showcase the changes that are rapidly transforming capital markets. The event is even larger this year with over 200 start-ups in attendance and an array of innovative institutions", said Jason Raznick, CEO Benzinga.

2017 Benzinga Global Fintech Awards planned at Tribeca 360, New York City (USA) on 11th May 2017, will host various speakers and special invitees from the financial industry across the globe. 

About Finvasia

Finvasia is India's first Fintech offering Zero Bokerage and Zero Clearing trading account using SEBI approved Aadhaar based process. With offices in Mississauga (Canada), London (UK), Chandigarh (India), we act as one stop shop for various Hedge Funds, Fund of Funds, FPIs by providing Pre/Post registration with DDP to Clearing, Trading, Advisory, Compliance and Accounting services. Our comprehensive suite of products and services help us cater to almost any and all needs of an FPI, starting from getting FPI approval, trading services, to filing for your taxes and getting repatriation certificates.

Being a Foreign Institutional Investor since 2011, the company has hands-on experience registering various FPI along with providing highly competitive brokerage plans and other costs from various entities involved. We are registered as Commercial Clearing and Trading Member of National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange (BSE) and a Trading Member of Multi Commodity Exchange of India (MCX). We act as Depository Participant with CDSL and filled application for Non-Banking Financial Corporation (NBFC) with approval expected shortly. Additionally, we were registered as a Foreign Institutional Investor (FII) with Securities Exchange Board of India and as an Investment Advisor with Securities and Exchange Commission, USA.

  • Finvasia received Foreign Direct Investment (FDI) funding from global Venture Capitalists against a valuation of USD 22 Million in our pre-launch phase.
  • Beginning 15th August 2016, Finvasia established itself as India's first and only broker that offers Brokerage Free trading to retail clients. The company offers Zero brokerage trading in all segments on NSE, BSE, MCX exchanges
  • The company is India's first Clearing House providing FREE Clearing services to all FPI Clients in NSE derivative segments.
  • Finvasia introduced India's fastest account opening process that takes 5 Minutes to open an account using SEBI approved esign process.
  • The company will be shortly launching its Artificial Intelligence based products: SMART and SCALPERT

About Benzinga Global Fintech Awards

Designed to uncover the most innovative companies within the financial technology capital markets sector, the Benzinga Fintech Awards provide winning finalists with new opportunities for growth and exposure. For the 2017 finalists list, please visit www.benzingafintechawards.com.

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