Direct LendingTavant Named to Prestigious IDC FinTech Rankings

Annual ranking highlights top 100 global providers of financial technology
BusinessWire BusinessWireOctober 23, 20203 min

Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today it has been named to the 2020 IDC FinTech Rankings for the second straight year. The 17th annual vendor ranking represents the leading hardware, software and service providers to the financial services industry from around the world. Vendors are ranked based on 2019 calendar year revenues attributed to financial institutions. To view the list in its entirety, please visit HERE.

“IDC Financial Insights is widely recognized as a thought leader at the forefront of our industry and I am honored to be recognized by such a prestigious organization,” said Hassan Rashid, CRO, Tavant. “Since the company’s inception, Tavant’s mission has been to provide unparalleled solutions to meet the business goals of our customers. This recognition is a testament to our team’s continued commitment to empowering our customers with innovative tools and intelligent insight needed to not only succeed, but thrive in today’s increasingly demanding market.”

The Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. These providers supply the technological backbone of the financial services industry, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to exceed $577 billion (USD) by 2024.

To thrive in a digital economy, financial services organizations must embrace and integrate cutting edge technology effectively to enhance the customer experience and achieve operational excellence. ABC Company and the vendors featured on the IDC FinTech Rankings, represent those providers committed to helping financial institutions successfully execute their digital transformation initiatives for the betterment of their customers around the world. IDC Financial Insights publishes a comprehensive report about the year’s findings that is available to view or download HERE.

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