Token has won Hottest Fintech Startup at the 2021 Europas Awards. This award recognises Token's open banking payments platform, which is driving the shift from traditional payment methods to account-to-account (A2A) bank payments with best-in-class, Pan-European bank connectivity, data and compliance capabilities.
Token does the heavy lifting of enabling payment and data connectivity to banks in Europe through a single API and interface, which enables real-time, account-to-account payments straight from apps and websites, and seamlessly aggregates bank account and transaction data from European banks. Token’s A-to-Z toolkit for A2A payments also includes a turnkey compliance solution that satisfies PSD2 obligations for banks and EMIs.
With Token’s complete open banking toolkit, the best and brightest merchants, PSPs and banks can blend API-based payments and data to reinvent financial experiences faster and more efficiently and create new revenue streams.
“We're thrilled to be named the Hottest Fintech Startup of 2021,” said Token CEO Todd Clyde. “This is not only a testament to the incredible work of our teams in San Francisco, London and Berlin, but also underscores the unstoppable momentum of open banking payments, which we believe are the most exciting disruption to hit financial services in a generation. As pioneers in open banking technology, Token is fundamentally changing the payments landscape. We are very proud to be recognised for that.”
Founded in 2009 by Mike Butcher, editor-at-large at Techcrunch, The Europas was originally formed to recognise and celebrate the innovation emerging from Europe’s burgeoning tech startup scene. Now in its twelfth year, The Europas has grown into the premier awards for Europe’s hottest tech startups. Previous winners in the Hottest Fintech category include Starling Bank, Revolut and Fintech OS.