Glasgow-based fintech start-up, StringIQ, has received top honors at both the UK Finance Awards and the Scottish Enterprise Awards, being named FinTech Start-Up of the Year 2024. This remarkable achievement comes just one year after the company’s inception, solidifying its position as a rising star in the global fintech arena.
The prestigious awards recognize StringIQ’s revolutionary approach to financial technology and its impressive impact on the industry in a remarkably short period. At the core of the company’s success is its flagship product, Swipen SoftPoS, an innovative payment solution that enables almost any Android device to accept card payments without additional hardware.
StringIQ’s Swipen SoftPoS app has gained international attention through its partnership with MoneyGram, a leading money transfer service. This groundbreaking collaboration has equipped MoneyGram agents across Europe to accept card payments, providing customers with unparalleled convenience and security. The technology has already been adopted by thousands of Moneygram agents, streamlining transactions and enhancing accessibility in the money transfer market.
Co-Founder of StringIQ, Lorne McConnachie, expressed his gratitude for the awards, stating, “Winning these prestigious accolades is a testament to the hard work, vision, and innovation of the StringIQ team. To be recognized as FinTech Start-Up of the Year twice in just 12 months is a tremendous honor that highlights our commitment to developing cutting-edge FinTech solutions.”
The Scottish Enterprise Awards, presented by SME News, celebrate Scottish businesses that demonstrate excellence, innovation, and resilience in their respective fields. The UK Finance Awards, on the other hand, focus on recognizing individuals and companies who have overcome challenges in the financial sector and achieved remarkable success. For StringIQ, these awards serve as a testament to their rapid growth and groundbreaking contributions to the fintech industry. With the Swipen SoftPoS app already making waves across Europe, the company is poised to expand its reach globally in 2025 and explore new opportunities to transform digital payments.
As the fintech industry continues to evolve, StringIQ remains at the forefront with its bold ideas and cutting-edge technology. The company’s journey from start-up to multi-award-winning enterprise in such a short time is a clear indication of the exciting future that lies ahead. Distributed by https://pressat.co.uk/
