Press Release

Finastra names Hack to the Future 4 winners

Celebrated projects include initiatives promoting financial literacy, solar energy and fair lending

London, UK – April 28, 2022 – Finastra today announced the winners of its Hack to the Future 4 annual global hackathon. Thousands of participants from over 75 countries submitted 230+ projects focused on sustainable and inclusive finance, embedded finance and Banking as a Service (BaaS), and Decentralized Finance (DeFi).

And the winners are…

Best Business Model Innovation: EnFOLL – a marketplace for second-hand solar panels, helping underserved communities get access to renewable energy, and extending the life of the products.
Runners up: Effortless.

Best Fintech submission: PRAAM - Physical Risks Analytics for Asset Managers – an integrated solution to identify, evaluate, manage and report physical risks in investment portfolios. Benefits include value protection, climate risk management and operational efficiency.
This project is a collaboration between IMPACTPlus, a fintech start-up, and a Finastra FusionInvest team. IMACTPlus also won the Best Woman-Led Fintech prize for this submission.

Best Embedded Finance submission: Effortless – Quick and simple Buy Now Pay Later financing. Consumers benefit from a simple way to apply for a loan with optimal terms and payment options, direct from their trusted financial institution.
Runners up: FinFit 2.0 | Wellness Banking and Fundget.

Best ESG submission: Give XRP - a fast, simple, secure app for charitable giving, enabling crypto users to make tax-deductible donations.
Runners up: I-REC trading, Malachi, Friends Reference Bureau

Best DeFi submission: Monnex(TM) - Accessing Finance the Confident way(TM) - A revolutionary platform that helps monetize traditional assets like Equities etc. to access real liquid funds or investments into crypto without impacting the integrity of these assets.
Runners up: Growr, Payment Vouchers and PiggiFund.

Best Diversity, Equity & Inclusion (DE&I) submission: Growr – an app that encourages financial inclusion by enabling borrowers to receive fair and instant unsecured loans based on self-sovereign identity and DeFi protocols.
Runners up: Trackio and A Green Vest.

Prizes for winners include mentoring and scholarship programs, cash, crypto and internship opportunities.

Chirine BenZaied, Head of Innovation at Finastra said, “We want our hackathons to ignite a movement towards a world of financial sustainability, inclusion, and autonomy. This year’s projects really reflect that goal and we’ve been so excited to see the truly innovative ideas that people all around the world have come up with. We also garnered so much insight from these projects on the technologies and trends the industry is moving towards. We see the market switching from private to public blockchains and looking for ways to embed DeFi into traditional banking services, for example. We also see that there is still significant need to find solutions that support financial inclusion, especially in connection with BaaS. Congratulations to all of the winners and a big thank you to our hundreds of supporting partners, our judges and mentors.”

Finastra also hosted a youth hackathon for 10-18 year olds, encouraging the next generation to help change the world of finance. Hundreds of projects were submitted from around the world, including ideas from India and Moldova.

Youth hackathon winning teams:
MicoBank – a project submitted by a 14-year-old at the Deva Matha Central School – an app to reward children for positive actions with Solana Tokens that can be spent in store, secured by blockchain.

Finlit – A project submitted by two students – a literacy tool to solve financial inclusion challenges for young people.

Runners up: Aiding Peace.

Finastra made its open APIs available via its development platform for the hack.  

To see all the project submissions from the hackathon, click here.

To tap into the previously live meet up sessions, which have over 23,000 views, and join the Hack to the Future fintech movement, click here.

#HackToTheFuture #HackingForGood #OpenByDefault


For further information please contact:

Caroline Duff
Global Head of PR
T: +44 (0)7917 613586

About Finastra

Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities. Supported by the broadest and deepest portfolio of financial services software, Finastra delivers this vitally important technology to financial institutions of all sizes across the globe, including 90 of the world’s top 100 banks. Our open architecture approach brings together a number of partners and innovators. Together we are leading the way in which applications are written, deployed and consumed in financial services to evolve with the changing needs of customers. Learn more at

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