The Austrian startup ecosystem recently celebrated a night of innovation and achievement at the EY Scale Up Awards, held at the picturesque Gartenpalais Liechtenstein. Moreover, it provided a platform for scale-ups and early-stage startups to showcase their groundbreaking businesses. Among the night’s standout moments were the awards presented to Monkee and Blockpit. Two companies in the portfolio of the European Super Angels Club, that are without a doubt making waves in the financial technology sector.
Monkee: Rising Stars Award in FinTech & InsurTech
Monkee, a startup that helps people save money in a smart and goal-oriented way, was honored with the Rising Stars Award in the FinTech & InsurTech category. This recognition underscores Monkee’s innovative approach to personal finance. In detail, it is combining the “Save Now Buy Later” principle with cutting-edge technology to create a user-friendly savings platform. Furthermore, the company’s dedication to improving financial well-being for its users has set it apart in a crowded market, making this award well-deserved.
Blockpit: EY-Scale Up of the Year in FinTech
Blockpit, a leader in cryptocurrency tax reporting and portfolio monitoring, took home the prestigious EY-Scale Up of the Year in FinTech award. Blockpit’s solutions especially address a critical need in the burgeoning crypto space. In particular, it is providing users with the tools to stay compliant with tax regulations while managing their digital assets. The award undoubtedly represents Blockpit’s significant impact on the industry and its potential for further growth.
A Night to Remember
The EY Scale Up Awards was more than just a ceremony. It was a true celebration of the Austrian startup ecosystem. Overall, the event’s atmosphere was electric, with high-quality pitches and inspiring stories that showcased the innovative spirit of the participants. Moreover, attendees were treated to a glimpse of the future of finance, as entrepreneurs presented their visions for transforming the industry.
The Rigorous Evaluation Process
Achieving recognition like Blockpit and Monkee at the EY Scale Up Awards is definitely no small feat. The application process is thorough and demanding, ensuring that only the most promising startups are considered. First, it starts with the registration and completion of the Growth Maturity Assessment. Afterwards, the Growth Maturity Assessments are evaluated by a jury. Precisely, the five best Rising Stars and ten best Scale-Ups are being evaluated. On the Maturity Assessment Day, the top finishers are interviewed by the jury in six different streams, while the Maturity Assessment will be discussed. It is an in-depth maturity assessment, where applicants undergo interviews with 60 jury members across eight categories. This meticulous evaluation process underscores the value and prestige of the awards. It unquestionably highlights the exceptional quality of the winners.
European Super Angels Club: Proud Investors
The European Super Angels Club (ESAC) proudly congratulates Blockpit and Monkee for their achievements. As a network of experienced investors dedicated to supporting high-potential startups, ESAC recognizes the significance of these achievements. The EY Scale Up Awards at Gartenpalais Liechtenstein was a night to remember. It was filled with inspiration, celebration, and recognition of the outstanding work being done. Blockpit and Monkee’s EY Scale Up Awards stand for their hard work, innovation, and impact on the industry. Therefore, as the European Super Angels Club congratulates these remarkable companies, we look forward to witnessing their continued success.