Regtank won FinTech award in Huawei Spark Ignite 2022 competition

Two months ago, Huawei has enlighted the spark of new startups among consumers with the Spark Ignite 2022 competition. Now, it’s time for the results. Ultimately, Regtank Technology has achieved the winning badge for the Fintech category and overall 2nd Runner-Up position in the Huawei Spark Ignite 2022 contest.

Regtank is the largest one-stop software provider. The cooperation has made efforts for several service compliance solutions. Besides, it has innovated a compact yet advanced risk assessment engine that can inspect and verify the risk for the clients.

Consequently, the hard work of Regtank was visible in the Huawei Spark Ignite 2022 competition as well. Hence, the honorable jury members have selected the solution-oriented Regtank as the well-performed winner for the FinTech category.

Talking about the selection criteria, Huawei has distributed the contest in major spectrums. For instance, relevance, service model, technology, limitations, and more.

With such initiatives, the Chinese tech maker was trying to elevate the startup firms with gigantic technologies. Eventually, such efforts will not only help in the financial subject but will also provide knowledge to face new challenges in the future.

Regtank Cooperation

The compliance solution company has satisfied several industries by saving 30% on cost and time. This has aided companies to meet their clients and fulfilling their demands with more efficiency. Further, the firm has also put its hands on cryptocurrency transactions to eliminate the fraud terms from the digital environment.

Describing the happiness of the huge achievement, the Founder and CEO of Regtank Technology – Megan Lee utters the following words:

“This is a very exciting win, and the team is delighted to be recognized as the Top 3 Startup and FinTech Award Winner amongst the 1,500 applicants for the Huawei Spark Ignite 2022 Global Startup Competition. This is a testament to our commitment to our clients and we are grateful for the recognition. The team will continue to improve on our solution to live up to our vision of making compliance easy for our customers.”

[Source]