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Cygnetise has been announced as a winner in the 2025 <a href="https://fintechbreakthrough.com/">FinTech Breakthrough</a> Awards program, taking home the "Best Use of Blockchain in FinTech". The awards program is designed to identify and honour the most innovative companies and products in the fintech industry that are breaking through the crowded fintech market.

Now in their ninth year, the FinTech Breakthrough Awards received over 4,500 nominations from around the globe across all categories including payments, lending, personal finance, banking, cryptocurrency, regtech and fraud prevention. Cygnetise joins an impressive list of winners from other categories, including Mastercard, Revolut, Citi, Pie Insurance, FIS, Xero, Experian, Bolt, Capital One, Remitly, Checkout, and Ramp. 

The <a href="https://www.cygnetise.com/">Cygnetise</a> blockchain-powered SaaS solution digitises and revolutionises Authorised Signatory Management (ASM). It simplifies and solves the pain of ASM by enabling operations and finance departments to digitally manage and share authorised signatories, bank mandates and authorised traders, in real time, with their banks and other counterparts, making the process more efficient, transparent, and secure, significantly reducing the risk of fraud, transforming operations and customer journeys, facilitating business continuity, and strengthing governance. 

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<blockquote>CEO of Cygnetise, Steve Pomfret, said "We are delighted to receive this recognition alongside such high-profile companies. It underscores Cygnetise's commitment to innovation and driving positive change in financial services. Credit to the team."</blockquote>
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Cygnetise Wins 2025 FinTech Breakthrough Award

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<a href="https://www.cygnetise.com/">Cygnetise</a> has been announced as the winner of the ‘Best Distributed Ledger Technology for Regulatory Compliance’ category in the 4th Annual RegTech Insights European Awards. Organised by <a href="https://www.a-teamgroup.com/what-we-do/awards">A-Team Group</a>, these prestigious awards recognise established and emerging RegTech companies in the European region, honouring those that have significantly enhanced firms' abilities to meet the ever-changing and complex regulatory requirements in the global financial services sector.

Founded in 2016, Cygnetise is one of the original commercial B2B businesses to utilise blockchain technology. The Cygnetise SaaS solution simplifies and solves the pain of Authorised Signatory Management by enabling operations and finance departments to digitally manage and share authorised signatories and delegated authorities, in real time, with their banks and other counterparts, making the process more efficient, transparent, and secure. 

The proprietary blockchain technology creates an immutable audit trail, with records of changes made including timestamps, allowing for easy reporting to regulators upon request and counterparts upon dispute. The risk of fraud and compliance failures with authorised signatory issues is practically eliminated. 

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Steve Pomfret, CEO of Cygnetise said,
<blockquote> “All credit to the team. We are absolutely thrilled to receive this award and to be recognised alongside such outstanding names in the industry. RegTech is increasingly coming under the spotlight and to be recognised by these competitive awards for using this emerging technology in this space is very flattering.”</blockquote>
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This year’s RegTech Insights European Awards included over 30 categories providing recognition for vendors of technology and data solutions with outstanding performance. Winners included Nasdaq, SmartStream, Broadridge, AML Partners, First Derivative, Fusion Risk Management, Duco, S&amp;P Global Market Intelligence, and Regnology. 


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Cygnetise wins Best Distributed Ledger Technology for Regulatory Compliance in RegTech  Insights European Awards

<a href="https://www.cygnetise.com/">Cygnetise</a> has won the Wildcard award in the inaugural Digital Isle of Man ‘Fintech Innovation Challenge’. Following a rigorous selection process, fourteen out of a global pool of eighty innovative financial technology applicants made it to the final, presenting their innovative solutions to the Isle of Man's growing fintech community and an esteemed panel of judges.
Spearheaded by Digital Isle of Man and Finance Isle of Man, government executive agencies of the Isle of Man, in collaboration with the Isle of Man Financial Services Authority and Deloitte, the initiative’s mission is to help international businesses scale up and expand into the region, emphasising the Island’s commitment to becoming a global fintech hub.
Finalists spent the past six months designing innovative products to address three key challenge statements. Two of these focused on topics like Digital Identity &amp; e-KYC (Know Your Customer) and Compliance &amp; Transaction Monitoring. The third option was to develop a 'wildcard' solution, giving participants the chance to demonstrate their creative problem-solving abilities.
The panel of judges, drawn from leading financial and digital technology businesses in the Isle of Man, scored the finalists’ presentations based on criteria including market potential, scalability, and potential to positively impact the Isle of Man's financial sector. Feedback from local business leaders attending the event was also gathered and considered in the final decision.
Tim Johnston MHK, Minister for Enterprise, recognised the event's importance as a platform for innovative businesses to connect with the Island’s financial services and digital sector, and as a driver for economic growth and investment attraction, in line with the Island Plan saying, “The FinTech Innovation Challenge provides a unique opportunity for innovative businesses around the world to experience the Island’s collaborative financial services and digital sector, and supports us to fulfil the ambitions of the Island Plan, by enhancing the Island’s proposition as a supportive jurisdiction that embraces innovation, driving economic growth, creating jobs and attracting investment to the Island.”
Commenting on the recognition, Damian Bell, Sales &amp; Account Director at Cygnetise, said, “It’s wonderful to be recognised. It’s also been great to meet with other companies during the event and hear and learn from other providers within the space. The collaboration aspect of the event is very exciting as there are so many fantastic fintechs involved in the initiative.”

Cygnetise wins Wildcard award at the Digital Isle of Man Fintech Innovation Challenge

Cygnetise is the leading Authorised Signatory Management (ASM) platform. The blockchain-powered SaaS solution enables operations and finance departments to digitally manage and share authorised signatories, bank mandates and authorised traders, in real time, with their banks and other counterparts.
Live in over forty countries globally, the enterprise-grade platform significantly reduces the risk of fraud, transforms operations and customer journeys, facilitates business continuity and strengthens governance. It allows companies to maintain accurate, up-to-date, auditable authorised signatory lists while creating an immutable audit trail that facilitates compliance and simplifies regulatory reporting.
The process is made more efficient, transparent, reducing the time spent maintaining such registers by 95%, and complements the use of e-signatures. Cygnetise reduces the risk of fraud, transforms operations and customer journeys, facilitates business continuity, and strengthens governance.

Cygnetise

Cygnetise is the leading Authorised Signatory Management (ASM) platform. The blockchain-powered SaaS solution enables operations and finance departments to digitally manage and share authorised signatories, bank mandates and authorised traders, in real time, with their banks and other counterparts.
Live in over forty countries globally, the enterprise-grade platform significantly reduces the risk of fraud, transforms operations and customer journeys, facilitates business continuity and strengthens governance. It allows companies to maintain accurate, up-to-date, auditable authorised signatory lists while creating an immutable audit trail that facilitates compliance and simplifies regulatory reporting.
The process is made more efficient, transparent, reducing the time spent maintaining such registers by 95%, and complements the use of e-signatures. Cygnetise reduces the risk of fraud, transforms operations and customer journeys, facilitates business continuity, and strengthens governance.