The Institut de la Finance Durable announces the winners of the 7th edition of the Challenge Fintech for Tomorrow
On the occasion of French Fintech Week, the Institut de la Finance Durable awarded the prizes for the Challenge Fintech for Tomorrow on Tuesday, October 15. For the 7th year running, the call for projects has rewarded 5 innovative projects whose activities support the transformation of financial sector practices and/or the redirection of flows towards a sustainable, fair and inclusive economy. As in previous years, particular attention was paid to diversity and inclusion in the candidates’ profiles. To this end, all jury members received training in this area.
Discover below the winning projects of the 7th edition of the Fintech for Tomorrow Challenge!
| The ‘Graine’ Prize, which recognises projects in the ideation and creation phase. This prize was awarded to Kastea. This fintech company enables major donors to direct their donations towards projects with a high social and/or environmental impact thanks to financial and non-financial data that facilitates informed decision-making. Kastea also offers associations greater visibility and greater efficiency in their search for funding. It receives a prize of €30,000 and will benefit from a masterclass with Seabird Impact and BPI France, as well as support from Platform 58. |  |
| The ‘Jeune Pousse’ Award, which aims to support companies in their start-up phase, was won by ReGeneration, which finances and supports the transition of agriculture to sustainable and regenerative practices, enabling committed companies to contribute to climate and biodiversity regeneration in a robust, traceable and indisputable manner. ReGeneration receives a prize of €25,000 and will benefit from a masterclass with SeaBird Impact and BPI France, support from the consulting firm Ailancy and Platform 58, and membership of Finance Innovation. |  |
| The ‘Tree’ Award, which supports companies seeking to expand on a large scale, was awarded to Fruggr. This solution enables companies to manage their responsible digital transition. Its software assesses the ESG footprint of the company’s digital ecosystem and provides it with personalised recommendations to activate concrete levers for improvement. Fruggr receives €20,000 and will benefit from a masterclass with SeaBird Impact and BPI France, support from the consulting firm Ailancy and Platform 58, and membership of Finance Innovation. |  |
This year, the Institut de la Finance Durable was joined by some twenty partners to support the development of innovative projects contributing to the transformation of finance.
The France Assureurs Coup de Coeur award was presented to Vasco, a credit alternative that enables all French citizens to renovate their property in exchange for a share of the property, which owners are free to repay whenever they wish. |  |
The Climate Finance Fund’s ‘Coup de Coeur’ award went to Zalisa, a solution that allows money to be sent directly to local partner businesses, eliminating unnecessary intermediaries and thus guaranteeing lower fees.  |  |
The Finance Montreal Coup de Coeur Award was presented to Fruggr, a solution that enables companies to manage their responsible digital transition. Its software assesses the ESG footprint of a company’s digital ecosystem and provides it with personalised recommendations to activate concrete levers for improvement. | |
Last but not least, the 12 finalists, including Aldatoo, DT Master Carbon, Isrselect, Rift, SCALNYX, Sustainable Performance Indicator (SPI) and YAM, will benefit from a free one-year membership of the Institut de la Finance Durable and France Fintech, a masterclass on financing impact projects by BNP Paribas Act for Impact, and mentoring at the discretion of the jury members. They will also benefit from networking and communication initiatives organized by the IFD. Cécile Goubet, Managing Director of the IFD, comments: ‘ The fintechs rewarded play a key role in integrating environmental, social and governance issues at the heart of financial practices, and in implementing the regulatory framework, particularly at European level. This 7th edition illustrates the ability of fintechs to support stakeholders in their efforts to redirect financial flows towards a more resilient, inclusive and responsible economy, while fostering the emergence of concrete solutions to meet the challenges of today and tomorrow. ‘