Railsbank comes out on top at MoneyConf as ‘Best FinTech startup’


Railsbank took top honours at MoneyConf, Web Summit’s FinTech conference in Dublin.

We were named the winner of PITCH 2018, emerging from the two-day summit as the ‘Best FinTech startup.’

Brad van Leeuwen, Head of Partnerships at Railsbank, led the charge. He was congratulated for the quality of the pitch, the relationships already established with some of the sector’s most progressive banks and how Railsbank provides an innovative platform with just five lines of code. Over 100 entries from across the world took part in this year’s PITCH competition, which was held at the two-day conference in Dublin. Web Summit CEO & Co-founder, Paddy Cosgrave, announced Railsbank as PITCH 2018 winners after Brad battled through three rounds.

Railsbank is an open banking and compliance platform that gives companies access to global wholesale banking services. The UK startup was co-founded by Nigel Verdon, who previously set up money exchange and payments platform Currencycloud.

Railsbank stood out in MoneyConf for its quality of pitching, its established relationships with banks and how it provides its platform with just five lines of code. Through its API, companies can access Railbank’s core platform alongside a range of wholesale financial services.

Brad van Leeuwen, Head of Partnerships at Railsbank, who pitched in the live on stage battle said: “This is a major validation for our team and our partners. Winning PITCH at MoneyConf is going to help us not only get our message out there but hopefully get the product to market even faster.”

Paddy Cosgrave, CEO & Co-founder of Web Summit and MoneyConf said: “It’s inspiring to see startups pitch to some of the most influential figures in fintech. Railsbank was a cut above the rest at MoneyConf this year and I’m really looking forward to seeing where they go in the future.”

Nigel Verdon, co-founder and CEO of Railsbank said: “This is great news for Railsbank and further recognition that our platform is making an impact within the industry. I’d like to thank the team at Web Summit and MoneyConf for hosting a great event.”

Railsbank is a global banking and compliance platform that gives companies access to wholesale banking services in 5 lines of code.

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