Sonovate was revealed as ‘Fintech Firm of the 12 months’ on the Fintech Award Wales on the Tramshed Cardiff, attended by Wales’ main innovators and digital consultants.
Six firms had been shortlisted for the award, sponsored by Cardiff Capital Area, with Sonovate recognised because the winner. The award recognises Sonovate’s achievements as one of many UK’s most established and scalable fintechs.
Sonovate, which gives finance and tech options to recruitment companies, consultancies and labour marketplaces that interact contractors and freelancers, was additionally not too long ago topped winner of the ‘Expertise Tech Scale Up Award’, supported by Deloitte, on the 2021 TIARA Expertise Tech Star Awards. A panel of 20 judges attributed the win to Sonovate’s spectacular progress, sturdy shopper suggestions and good purpose-led resolution for the rising gig economic system.
This comes because the fintech was tipped to turn out to be the primary fintech ‘unicorn’ in Wales, in response to a report by the UK authorities’s Digital Economic system Council and information agency Dealroom.co.
Richard Prime, co-founder and co-CEO at Sonovate, added:
“Profitable ‘Fintech Firm of the 12 months’ is such an honour for us at Sonovate, particularly from an organisation akin to Fintech Award Wales dedicated to celebrating the rising and gifted Welsh fintech neighborhood. This recognition highlights the important thing function Sonovate performed in maintaining the contract labour market shifting regardless of the financial shock of the disaster, offering important advantages to an ever-growing pool of contractors and freelancers around the globe.”
Sarah Williams-Gardener, CEO at membership physique Fintech Wales, stated:
“It’s nice to have the ability to recognise Welsh excellence within the fintech trade – we prolong an enormous congratulations to Sonovate on this achievement and want them each success as they proceed to hit and surpass key milestones.
“Because it stands, Wales is among the many high ten clusters producing the UK’s excessive progress fintechs, in response to the much-anticipated Kalifa Overview. It’s subsequently actually thrilling to see a Wales-headquartered fintech akin to Sonovate scaling and broadening its attain internationally, serving to an growing variety of companies to pay their folks on time.”