Dosh and Software Group win two awards at the IBSi Global FinTech Innovation Awards 2022
By Leandra Monteiro
Dosh, the first mobile wallet in New Zealand, and Software Group, an end-to-end digitalization partner to financial service providers globally, are among the winners of the IBS Intelligence Global FinTech Innovation Awards 2022. The partnering companies won two prizes: Most Adaptable Deployment and Most Impactful Project in the category Most Innovative Digital Wallets Deployment.
Launched in October 2021 and based on Software Group’s Mobile Wallet solution, Dosh became a pioneer in creating an instant payments ecosystem in New Zealand, including both customers and businesses in two separate apps: Dosh for consumers and Dosh for Business, available for iOS and Android. With it, individuals can make real-time P2P transfers via mobile wallet and spend anywhere instantly 24/7, while merchants accept contactless payments via QR code and manage transactions from their dedicated business portal.
In September 2022 the company introduced its Dosh Visa Debit Card which enables customers to make payments anywhere worldwide where Visa is accepted, in addition to splitting bills and earning cashback rewards, paid directly to their Dosh account.
Nikhil Gokhale, Head of Research at IBS Intelligence, said, “Software Group has a wide array of solutions they provide and have a history of delivering excellent implementations. Dosh being the first digital wallet in New Zealand had a huge effect on the payments ecosystem in the country and is a step in the right direction for the future of payments. I would like to congratulate Software Group and Dosh for their win in the category, ‘Most Innovative Digital Wallets Deployment: Most Adaptable Deployment and Most Impactful Project’.”
Dosh was founded by Kiwis Shane Marsh & James McEniery who, after spending a number of years in Singapore, returned home to launch a mobile payments solution that is in pace with banking technology from the rest of the world. Locally owned and digitally focused, the Dosh team believes they can enhance the lives of New Zealanders through innovation in everyday financial services. Dosh’s vision is to become a material player in the financial services industry, focused on providing simple and convenient digital solutions for everyday Kiwis.
Software Group is a global technology company specialised in digitalization and integration solutions for financial service providers. It currently serves a worldwide client base in more than 70 countries from 9 regional offices located in Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines and the USA. Some of Software Group’s customers are organisations such as Bill & Melinda Gates Foundation, MasterCard & MasterCard Foundation, International Finance Corporation (IFC), Asia Development Bank, Asia Confederation of Credit Unions (ACCU), Access Bank Germany, Atlantic Bank Group, Bank South Pacific, Commercial International Bank Egypt, Dosh New Zealand, Allianz Bank, Eurobank, Generali, Fidelity Bank, Kenya Commercial Bank among others.
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March 24, 2023