FinTech Global (member.fintech.global), who compile the list, identified more than 1000 service providers from the regulatory technology universe as potential contenders for the 2021 edition of the RegTech 100 list. The best 100 firms were then determined by a panel of FinTech Global analysts and industry experts. Companies on the list are considered to be the most innovative service providers that help their clients best deal with the regulatory pressures of operating in the financial services sector.

Companies are awarded a place on the list based on several factors, including the significance of the problems they solve for their clients, how innovative the firm’s technology is and the potential cost-saving/positive impact on the value chain for the RegTech company’s clients. Also, Finologee is Luxembourg’s sole representative on this year’s RegTech 100 list and is honoured to demonstrate the country’s excellence in the area.

‘We are delighted to be featured on this year’s RegTech 100 list. We see it as our role to help our user base to solve the difficult compliance challenges they face on a daily basis – especially as compliance and regulations become increasingly convoluted. Using our platforms and products, we help our clients meet their regulatory challenges, to provide an easier, faster and more modern experience to their own clientele as well as to improve processes and remove the need for significant manual administration. It is this objective which is at the centre of everything the Finologee team sets out to do,’ says Raoul Mulheims, Finologee’s Co-Founder and CEO.

Download the Regtech100 List

About Finologee

Finologee is a fast-growing digital platform operator of robust, ready-made, and compliant systems and APIs for bank compliance with PSD2 and CEDRS regulations, KYC, mobile payments (Digicash), as well as telecom routing and micropayments (Mpulse). Established in 2017, Finologee already serves more than 100 banks and institutions and handles hundreds of millions of transactions on their behalf. Finologee’s founders have a 20 year long history in all things digital, namely by creating and running one of the most successful bank mobile payment schemes in Europe: Luxembourg’s Digicash, supported by 5 issuer banks and used by over 25% of the population. The company is a regulated IT and financial data communications provider holding a license from the Luxembourg Minister of Finance and is also ISO/IEC 27001 certified. Its headquarters is are in Leudelange/Luxembourg and it operates with a staff of 35.