Credgenics, a leading provider of debt collections and resolution technology solutions, has been recognized for its innovation and excellence at the 5th PICUP Fintech Conference and Awards 2024. The company was awarded the prestigious title of ‘Best BFSI Partner – Mature’ at a ceremony held on August 7, 2024, at Federation House, FICCI, New Delhi.

The awards, hosted by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Indian Banks’ Association (IBA), celebrated the most influential players in the fintech industry. Credgenics was distinguished among 30 finalists selected from over 100 applications submitted across 12 categories. The company’s cutting-edge debt collections and resolution technology solutions were highlighted for their impact and innovation in the sector.

In the final jury round, Credgenics presented its vision, key differentiators, and the substantial effects its solutions have had across India and Southeast Asia. The panel of judges, which included notable figures such as Mr. Sunil Mehta, Chief Executive of IBA, and Dr. Vivek Joshi, Secretary of the Department of Financial Services, Government of India, praised the company’s contribution to advancing financial technology and improving debt collection processes.

Dr. Joshi, who delivered the inaugural address, emphasized the transformative role of fintech in reshaping consumer behavior, enhancing financial inclusion, and fostering global innovation. The awards recognized Credgenics for its commitment to driving significant advancements in the financial sector.

Credgenics’ recognition as the ‘Best BFSI Partner – Mature’ underscores its leadership and ongoing impact in the industry. The award reflects the company’s dedication to leveraging technology to streamline debt collections and improve resolution processes, reinforcing its position as a trailblazer in fintech innovation.

This accolade is a testament to Credgenics’ continued efforts to revolutionize debt management and its contribution to the broader financial ecosystem. The company remains committed to enhancing its solutions and driving further advancements in the field.