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Finzly, Inc.
Press Releases

Finzly: PayTech Awards Finalist in Two Categories

April 22, 20263 min read
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Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and account opening, has been named a finalist in the 2022 PayTech Awards in two categories:

  1. Best Paytech Partnership
  2. Best Cross Border Payments Solution

Finzly’s partnership with Lead Bank enables the bank to embark on providing Banking as a Service to niche players in the payment processing. It has been chosen as the finalist for the “Best Paytech Partnership” as it is built on meaningful ethos-based financial inclusion in the connected economy. The partnership has helped the bank to improve its digital capability, allowing it to provide modern payment processing using Finzly’s cloud-based payment platform to fintechs who seek to provide a simple, real-time and connected payment experience to their customers.

Finzly has also been featured as a finalist for “Best Cross Border Payments Solution” for FX STAR. Designed to address all the pain points that banks and their customers face with international payments, the product is simple, elegant, powerful and highly customizable, with complete compliance and audit controls, delivering big bank performance at a competitive cost. With a comprehensive solution, banks also have the freedom to choose the FX model that fits their internal dynamics.

“This recognition is a true validation of our customer focus and the world-class banking products we build at Finzly, We pride ourselves on delivering simple, elegant and future-proof banking solutions. Being recognized as a finalist in two categories is a clear sign that we are on the correct path to creating a very special customer-centric company that provides value through exceptional products and service. Simplifying payments, especially cross-border payments, is no easy feat and our FX Star product does just that! It has withstood the turbulence in the market and helped our banking clients to prevent the exodus of commercial and high-net-worth customers, while helping to generate revenue from international payments. Looking forward to the final results!”
Booshan Rengachari, Founder and CEO, Finzly

Now in their fifth year, the PayTech Awards recognize excellence and innovation in the use of IT in the finance and payments industry worldwide.

About Finzly:

Finzly provides the financial infrastructure for Banks, Fintechs, and Businesses to offer and access financial services in an open, connected, real-time, and embedded ecosystem. Finzly’s operating system for banks acts as a parallel core platform and is modern, cloud-based, real-time, and API enabled. With an array of readymade banking solutions including a multi-rail payment hub (ACH, Fedwire, RTP, FedNow, and SWIFT), foreign exchange, Digital Account Opening, KYC, Risk, Compliance, and a suite of customer experience components, Finzly allows the building of programmable banks, also offering a platform to launch Banking as a Service to fintech partners.

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IBS Intelligence Report: Beyond Payment Rails – Reimagining Payments Through a Unified Core
American Banker Webinar On Demand: Real-time, unified ledger for traditional and tokenized banking: Enabling the next wave of deposit growth at banks
Webinar Report: ACH for Banks - Why "Good Enough" No Longer Works
Finzly Introduces Assure, AI-Powered Security, Assurance and Intelligence Layer
Finzly Named a Market Leader in the 2026 American Bankers Association Product Assessment of Payment Hubs
Finzly Certified for Request for Payment on the RTP® Network
  • Home
  • Products
    • Our ProductsComposable banking infrastructure built on BankOS. Deploy payments, accounts, treasury, and digital banking independently without replacing your core.
    • Second Column
      • Payment GalaxyA unified payment hub for orchestrating all payment activity from a single platform.
      • User profile and settings icon.Account GalaxyA modern virtual account and ledger platform, built to manage money at scale.
      • Digital Banking and finance network icon.Digital GalaxyA unified digital banking platform built to deliver consistent experiences across every channel.
    • Third Column
      • Global currency exchange and international finance iconTrade GalaxyOne platform for global money movement, trading, and risk management.
      • Token Galaxy Icon - Circular target or token icon.Token GalaxyManage traditional currency, stablecoins, and tokenized deposits from a single platform for digital money.
      • Agentic GalaxyEmbed Al directly into your banking operations with governance built in from the start.
  • Solutions
    • Our SolutionsModern banking capabilities for every strategy. From instant payments to embedded banking, deploy what you need without core replacement.
    • Second Column
      • Payment Modernization Icon - Mobile wallet or contactless payment icon.Payment ModernizationMigrate ACH, wires, and payment processing to modern orchestration without touching your core banking system.
      • Embedded Banking & BaaS Icon - Smartphone with checkmark icon.Embedded Banking & BaaSVirtual accounts, multi-rail payments, and real-time ledgers. Built for fintechs that move fast.
      • Pay by Bank icon - Mobile banking and bill payment icon.Pay-by-BankLaunch account-to-account payments on FedNow and RTP. Eliminate interchange fees.
    • Third Column
      • Icon of a hand holding money with a dollar sign, and another hand pointing to it. Two arrows above indicate a transaction or money transfer. The image is in a simple purple outline style.Unified Banking ExperiencesLaunch instant payments and personalized experiences without replacing your core.
      • Treasury & Cash Management icon - Money stacks and coins icon.Treasury & Cash ManagementConsolidate cash positions, automate payments, forecast with AI-powered precision.
      • Build your bank Icon - Bank building with dollar sign icon.Build Your Bank Your WayDeploy payments, accounts, treasury, and digital banking independently. No core replacement required.
  • Platform
  • Resources
    • Blogs
    • Customer Stories
    • Industry Insights
    • Press Releases
    • Webinar on Demand
  • Company
    • About Us
    • Our Story
    • Who We Serve
    • Careers
    • Events
    • Partners
    • Contact