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Portuguese Fintech Rauva Shines Globally with Banking Tech Award Win

Rauva, a Portuguese fintech focused on simplifying financial management for small and medium-sized enterprises (SMEs), has secured the prestigious “Newcomer Banking & Finance Brand” award at the 2024 Banking Tech Awards, hosted by Fintech Futures. This recognition places Rauva among global financial leaders such as JP Morgan, Bank of America, and HSBC, underscoring Portugal’s growing prominence in the fintech space.

The accolade celebrates innovative brands that challenge traditional financial services through cutting-edge solutions. Rauva’s integrated platform combines business accounts, certified invoicing software, and accounting services, offering SMEs a seamless financial management experience.

“This award reflects the dedication of our team and the potential of Portuguese innovation,” said Jon Fath, Rauva’s co-founder and CEO. “We are proud to be recognized on a global stage and to contribute to transforming financial services for SMEs and entrepreneurs in Portugal.”

Rauva’s win comes on the heels of other achievements, including honors at the Mastercard For Fintechs 2024 European competition and Deloitte's Technology Fast 50 in the "Rising Star" category. These accolades further solidify Rauva's position as a key player in Europe’s fintech ecosystem.

Portugal’s fintech landscape continues to gain momentum, and Rauva’s success highlights the country’s capacity for innovation, fostering startups that achieve international recognition.