National Competition of Products and Cases in the Field of Automation for the Financial and Insurance Sectors
About competition
The FinTech Awards Russia competition was established in 2022 by international technology community Spectrum350 and leading Russian banks and Insurance Companies.
Purpose of The FinTech Awards Russia
The Purpose of The FinTech Awards Russia is to:
Recognize
Companies who develop innovative solutions for financial and insurance sectors, and clients (banks, insurance, telecom, retail) using them in core business.
Communicate
Best on market fintech solutions and cases to Spectrum350 members and partners, and professional community in Russia and abroad.
Establish
The process of continuous experience exchange and the unification of competencies among our members with access to the best global and regional practices.
Awards application process
The FinTech Awards Russia application process includes 3 steps:
ENTRY PROCESS
Each nominee should complete an application form and send it together with the supplemental documentation by email: awards@spectrum350.org, and pay an entry fee.
The entry fee depends of the time company applying - the earlier you apply, the less you pay:
"Promo 2+1" - Every third application from the same company is submitted to the competition without paying the entry fee.
"Loyalty" - A 5% discount for any company that has previously participated in any competition conducted by Spectrum350.
"Leadership" - A 10% discount for companies submitting 5 or more applications to the competition.
Project entry criteria for FinTech Russia Awards'26 competition: competition:
project implementation / product rollout must have gone live and be actively used by the business or company between 2 and 15 months before the award submission (Jan.,01 2025 - June,30 2026);
both customers and Implementation partners (or agencies) on behalf of customers may apply;
each nominee may apply in several categories.
Final Entry Deadline: July,09 2026.
EVALUATION CRITERIA
The following criteria weighting will guide the jury during judging rounds.
For products each entry is evaluated on:
Product Functionality (30%).
Competitive advantages (20%).
Business benefits (50%): What business benefits have been achieved as a result of the implementation?
For cases each entry is evaluated on:
Project Concept (30%): How strong, breakthrough, unique and relevant is the concept?
Creativity (20%): How engaging is the entry?
Business benefits (50%): What are the quantitative indicators confirming the success of the project.
THE JUDGING PROCESS AND AWARDS
Secret ballot of the Jury board will take place between July,09 - July,15 2025, followed by short list of The FinTech Awards Russia announce. In controversial situation nominee may be invited to present his project to a jury board in a 30 minute webcast session. Finally for each category only first winners will be named.
Spectrum350 technology community, established in 2013, already unite over 200 companies and 1000+ professionals from 17 countries, developing global technology industry.
Promotion
Winning cases will be profiled in The FinTech Awards Russia Annual, which is distributed digitally thru Spectrum350 and media-partners network, including web-sites, social networks and e-mailings. Additionally each winner will become a presenter on our next annual FinTech Expo conference.
Hall of Fame and Commemorative Award
Winners will be celebrated at an Awards show in July 2026 in Moscow, Russia. The winning work will be archived online in The FinTech Awards Russia Hall of Fame.
Participants Feedback
"There is a well-known phrase: stability is a mark of master. It is gratifying that the expert community this year, as in the past, highly appreciated our approach to working with fintech retail products. We strive for leadership in all aspects of our activities. It is obvious that a modern ecosystem is useless without an innovative component, so together with Ingosstrakh Bank and partners, we are consistently implementing financial technologies into our range of services. The fact that the number of Ingo Ecosystem clients has grown by more than 50% over the year indicates that our users positively evaluate the changes and innovations that we offer them" (2024)
Ekaterina SNIGIR
Vice-President Partnership Projects Ingosstrakh
"This recognition is important to us as the use of InsurTech technologies is an integral part of the company's strategy. Both awards highlight our success in effectively using the most modern tools and building services based on the needs and wishes of our clients. We are an innovative and client-centric company." (2023)
Andrey TURUNOV
Managing Director CX Department Renaissance Insurance Group
"Mobile browser technologies are not constant, many experimental and useful functions are appearing almost each day. At the same time, it is important for us that the customer experience of online banking is convenient regardless of the device. We are sincerely glad that the expert community, represented by the organizers of the award, highly appreciates our initiatives and results in the development of advanced digital banking technologies" (2023)
Vladimir KITLYAR
Head of Alfa-Online Alfa-Bank
"We are pleased that the Cloud compute solution has received such a high award. This once again shows that beeline cloud is moving in the right direction. By using modern technologies and approaches, Cloud compute allows solving various business problems, avoiding long terms of infrastructure construction. Clients receive a ready-to-play cloud solution in the shortest time, that meets their business needs." (2023)