The UK FinTech Awards, brought to you by FinTech Intel, the global market intelligence platform for financial services technology, has crowned the best UK FinTech providers of 2023.

Yooz, a leading AP automation solution provider, was announced as the Accounting Tech of the year 2023 at a ceremony in London.

The UK is home to the world’s premier financial services centre and a burgeoning financial technology market, and the UK FinTech Awards have been developed to celebrate the achievements and successes of the UK’s best and brightest minds and businesses.

The Award categories cover the full spectrum of fintech with all submissions judged by an independent panel of experts. From the hundreds of submissions received, the UK FinTech Awards 2023 judges debated and deliberated to select 21 winners. 

Explaining the reasoning for awarding Yooz the Accounting Tech of the Year award the judges’ comments were, “The winner of Accounting Tech of the Year applied AI in a way that took it ahead of the competition. Its focus on growth and innovation, combined with a constant need to evolve for customers, really made this fintech stand out.” 

This achievement is the result of the hard work the Yooz team has employed to apply AI in the finance function, as well as the research and innovation implemented in the slate of new product features released over the past year. 

Commenting on the awards, Phillip Mind, Director of digital technology and innovation UK Finance said, “The awards showcase the great work being done by our sector. I would like to offer my congratulations to the winners and to all those who entered the awards. The UK has a fintech sector that is extending its footprint globally. Open banking is a success domestically and increasingly as an export. Fintech will be at the heart.”

Laurent Charpentier, Yooz CEO, comments, “Technology needs to be value-driven for organisaitons, not just as a source of cost efficiencies, but in terms of security, agility, and enhanced employee collaboration. We are proud to be recognized by UK FinTech Awards for our advances in AI and automation to improve the Accounts Payable processes of our clients.”

Charpentier concludes, “The introduction of the latest features to our software speaks to how Yooz truly listens to our client’s needs and is leading the charge to anticipate the rest of the market’s needs as well. In 2023, we will continue to hone in on helping our global customer base cushion the blow of inflation and support initiatives for more efficient and cost-effective processes – helping spur both Yooz and our customers toward sustainable innovation and prosperity. ”