Thu. Apr 25th, 2024

The company was recognised for its pitch of Prosper, its new Youth Banking-as-a-Service (YBaaS) platform

London, UK Monday 21st February 2022 Osper, the parent-managed debit card for young people, has announced that it has been named as Best-Established Fintech at the 2022 Pay360 Fintech Pitch LIVE Awards in association with Mastercard. Osper will now proceed to the final, along with the winners of the Best Startup and Best Scaleup fintech categories, and conduct a live pitch to a panel of judges at the Pay360 event in London on March 22nd.

The company was recognised for its pitch of Prosper, its brand new Youth Banking-as-a-Service (YBaaS) platform, which allows Banks, Startups and Consumer brands to rapidly launch their own parent-managed banking for customers aged 6-18 – at a fraction of the cost of developing their own solutions. The fully customisable, white-labelled platform is based on the proven Osper technology platform.

The Pay360 Awards are among the world’s foremost fintech awards programs, recognizing innovation and excellence from companies involved in advancing and transforming today’s fintech ecosystem across all levels of maturity from startups, through scaleups, to more established players in the market. The winners of the individual categories were announced on 10th January 2022. To find out more about the Pay360 Awards, how the live pitch is conducted, and to view a list of the 2022 winners and see their presentations, visit the awards website.

“We are delighted to have been recognised by the Pay360 judging panel for Prosper. To date the youth banking segment has been poorly served by traditional banks, who all want to be a young person’s first banking experience and then keep that customer for life. But banks face major challenges in developing and integrating with existing systems, which are both costly and time consuming,” said Tom Bishop, CMO of Osper. “Youth banking is ripe for fintech innovation, with a Banking-as-a-Service solution that can unlock this increasingly important market. Prosper allows banks, fintech start-ups and consumer brands to launch their own customised youth banking and payment services, and we’re excited to tell the world about this product.”