Zolve wins ASSOCHAM Fintech & Digital Payments Awards 2022

Zolve wins ASSOCHAM Fintech & Digital Payments Awards 2022


This year is just getting better and better for us. After winning the BW Techtor award early this June, we’ve now been recognized by two of the most prestigious organisations in the country - Associated Chambers of Commerce and Industry of India (ASSOCHAM) & National Payments Corporation of India (NPCI). The results are in, and we’re proud to announce that Zolve has been recognized as the winner of ASSOCHAM Fintech & Digital Payments Awards 2022 in the category: Excellence in Innovation/Technology.

Under this category, ASSOCHAM recognizes fintech companies that are at the forefront of technology and innovation. Out of the multiple submissions from fintech startups across India, winners are chosen by a jury that comprises of the editorial board of ASSOCHAM based on how they were able to demonstrate innovation within their business and their industry using emerging technologies. And, out of all the overwhelming submissions received by the board, we made it to the top!

Zolve is currently helping the Indian immigrant base moving to the U.S. get easy access to financial products like bank accounts, credit cards, and remittances. We are on a mission to create a world that is not restricted by financial borders. A world where any immigrant, when they move to a new country, has easy access to financial products in the new country. And all of this isn’t possible without a robust technology at its core.

Within just 9 months of taking our products live, we’ve built intelligence platforms that can optimize money movement from the get go at a >99% success rate with only utilizing 1/5th the time taken by the bigger banks. For our customers to seamlessly send money back to India, we’ve built one of the fastest end-to-end remittance products in the U.S.-India corridor.

As a part of the investment offerings to the customers, we’ve built an instant crypto trading platform where transactions settle (including fiat currency movements from the customer’s bank account) in seconds. All these offerings are powered by a microservices-based platform that utilizes Blockchain, MQTT, finite State machines, and sophisticated algorithms. Data analytics in Zolve is powered by a cutting-edge data platform that offers millisecond query performance for OLAP workloads while maintaining the highest levels of data security and governance.

Being recognised for the work, we’re genuinely passionate about, is an assurance that we’re heading in the right direction. We thank ASSOCHAM & NPCI for this remarkable honour from the bottom of our hearts. And lastly, this milestone wouldn’t be possible if it weren’t for our incredible team that strives for excellence day in and day out - Thank you, Zolvers!

We know the path ahead is long and challenging; but this award has assured us that we’re headed to build a successful product for the global citizens.

Fintech is our oyster, and we're definitely here to conquer it.