Dosh and Software Group wins 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 digitization partner for financial service providers globally, are among the winners of the IBS Intelligence Global FinTech Innovation Awards 2022. The collaborating companies won two awards: Most Customizable Deployment and Most Impactful Project in the category of most innovative digital wallets.

Launched in October 2021 and based on the Software Group’s Mobile Wallet solution, Dosh became a pioneer in creating an ecosystem for instant payments 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, as well as split bills and earn cashback rewards, paid directly to their Dosh account.

Nikhil Gokhale, Head of Research at IBS Intelligencesaid, “Software Group has a wide range of solutions they offer and has a history of delivering excellent implementations. Dosh as the first digital wallet in New Zealand had a huge impact on the payment ecosystem in the country and is a step in the right direction for the future payments I would like to congratulate Software Group and Dosh for the win in the category “Most Innovative Digital Wallets: 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 payment solution that is in step with banking technology from the rest of the world. Locally owned and digitally focused, the Dosh team believe they can improve the lives of New Zealanders through innovation in everyday financial services. Dosh’s vision is to become a material player in the financial industry, focused on offering simple and practical digital solutions for everyday Kiwis.

Software Group is a global technology company specialized in digitization and integration solutions for financial service providers. It currently serves a worldwide customer base in more than 70 countries from 9 regional offices in Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines and the United States. Some of Software Group’s clients are organizations 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.