Meniga Wins Global UN Award

London, November 5, 2015 (Newswire.com) - London-based Icelandic software company Meniga has won the award for the best technical solution in the category of business & commerce at the World Summit Award (WSA). The WSA is an international conference under the auspices of the United Nations (UN). Meniga was the only company from Scandinavia to receive the award this year. The WSAs reward companies that have excelled in the development of new technologies that show social responsibility and help people around the world. Each year, UN member states nominate products for the WSA, and this year Iceland’s contribution was from Meniga.

Tremendous honour for Meniga as a socially responsible company

The WSA received more than 400 nominees from 178 countries around the world. Winners were selected by a jury of international Information and Communication Technology (ICT) experts in two democratic rounds of voting.

Meniga is a global leader in the development and sale of Personal Finance Management solutions that help people save money by managing and engaging with their finances in a new way. By integrating with more than 25 financial institutions in 16 countries, Meniga helps more than 25million individuals understand and manage their money. The company employs more than 100 people in Reykjavik, Stockholm and London.  

Georg Lúðvíksson, CEO of Meniga, says: “Better financial literacy and prudent financial behaviour of individuals and households is one of the largest opportunities to improve quality of life around the world today. We are honoured to receive this accolade from the United Nations through the World Summit Award, recognising our positive social impact.”

“To drive meaningful and relevant digital innovation, you have to connect people. With the WSA we recognise innovation of tomorrow already today. This year’s winners are an excellent selection of this momentum, matching local solutions to local needs. Shenzhen will offer the special stage to highlight these masters of innovation,” stated WSA Chairman Peter A. Bruck.

“This is great recognition for Icelandic entrepreneurship in the software industry. Meniga is a true Icelandic success story and I am thrilled it was able to compete and win such a prestigious international award,” says Johann Malmquist, professor of computer science at the University of Iceland, and representative for Iceland at the WSA. “My dream is for other Icelandic companies to create jobs in the software industry to apply ingenuity for value creation and return of foreign income, which is the basis for the standard of living in Iceland.”

Meniga will receive the award in front of UN representatives, ICT ministries and the private sector at the World Summit Global Congress in Shenzhen, China in February 2016.

About Meniga

Meniga is the European market leader of white-label data driven Personal Finance Management (PFM) and next-generation online banking solutions. Its software reaches more than 25 million online banking customers across 16 markets. Meniga’s award winning solutions help retail banks across the world dramatically improve online and mobile banking user experience. Through Meniga’s PFM-driven marketing, consumers, banks and merchants engage with highly relevant and contextualized offers from merchants. Meniga was awarded “Best of Show” in 2011, 2013, and 2015 at Finovate Europe, Europe's most prestigious financial technology conference. Meniga was founded in 2009 and is headquartered in London, UK.

About the WSA

The World Summit Awards is a global initiative within the framework of, and in cooperation with, the United Nations World Summit on the Information Society (WSIS), in collaboration with UNESCO, UNIDO and UN GAID. WSA is the only ICT event worldwide that reaches the mobile community in over 178 countries.

For more information visit www.worldsummitawards.org, facebook.com/WorldSummitAward and twitter.com/WSAoffice, #WSA15

Notes to Editors

Johann P. Malmquis, a professor of computer science at the University of Iceland, is the official representative for Iceland at the WSA and selects the nomination from Iceland each year. He was the first Icelander to defend a doctoral thesis in computer science in 1979 and has been involved in educating thousands of computer scientists. Johann has created several start-up companies and has also been an international consultant for companies such as Apple Inc. Johann has placed great emphasis on educating students in innovation with courses such as From Concept to Reality. Hundreds of students have attended the course and many of them managed to establish their first start-ups, some of which have attained international success.

Media Contact for Meniga:

Ómar Thor Ómarsson

Business Development Manager

Meniga

[email protected]

+354 6936247

Media Contact for World Summit Awards:

Manuela Wagner

Network Development & Communications,

World Summit Awards (WSA, WSA-mobile, World Summit Youth Award)

[email protected]

+43.660.630408.7