Five IDP providers on FinTech Global AIFinTech100 2024 list

In its latest AIFinTech100 list, FinTech Global has recognized the most innovative FinTech companies. The list also includes five Intelligent Document Processing (IDP) providers.

FinTech Global, a provider of FinTech information services, published its AIFinTech100 2024 list on June 19, 2024, featuring the most innovative companies developing AI technologies for financial services. With Cinnamon AI, Cognaize,, Quantiphi and WorkFusion, five Intelligent Document Processing (IDP) providers are also included in this year’s list.

Richard Sachar, FinTech Global’s Director, explained: “Generative AI and Artificial Intelligence in general are transforming opportunities in the financial services sector to not only get ahead of the competition but to also increase efficiencies and offer personalized products to clients. This year’s AIFinTech100 list details some of the best and the brightest in this area who are developing AI applications in areas such as banking, insurance, compliance, customer experience, investment & trading and payments.”

Cinnamon AI, the only Japanese company listed in the AIFinTech100 2024, wrote: “This remarkable accomplishment highlights our unwavering commitment to delivering cutting-edge solutions that are reshaping the finance industry. A big shoutout to our incredible team for their unwavering support. This recognition would not have been possible without their dedication and belief in our vision.”

Vahe Andonians, Founder, CTO and CPO at Cognaize, commented: “The entire Cognaize team is honored to be included in the AIFinTech100 among the leading innovators shaping the future of AI in finance. With AI driving breakthroughs across virtually every industry, we are excited to push the boundaries for what is possible with Cognaize’s hybrid intelligence approach to AI and to redefine AI-driven document automation for financial analysts and data scientists at financial services organizations all over the world.”

For Quantiphi, it is even the fourth year in a row that the company has been included in the AIFinTech100. Bhaskar Kalita, Global Head of Financial Services and Insurance at Quantiphi, commented: “Being recognized as an AIFintech100 company four times, sequentially, is unprecedented and underscores Quantiphi’s commitment, expertise and innovative spirit. This recognition marks another milestone for Quantiphi and reconfirms our unwavering dedication to drive the industry forward.”

WorkFusion stated: “We’re excited to share that we’ve been included on FinTech Global’s 4th annual AIFinTech100. The list highlights trailblazing firms transforming financial services. Finalists were picked by an esteemed panel of industry experts and analysts centered on research produced by FinTech Global on more than 2,000 FinTech companies.”

Headquartered in London, FinTech Global is a leading provider of FinTech information services, B2B media products and industry events. The AIFinTech100 is an annual list of 100 of the world’s most innovative companies developing AI technologies in financial services, selected by a panel of industry experts and analysts.

You can find the full press release here and the full AIFinTech100 list here.

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