Global Financehas announced selections for the World’s Best Financial Innovation Labs as part of The Innovators 2025. A full report on the results will be published in the June print and digital editions, as well as online at GFMag.com.
Now in its eighth year, the Best Financial Innovation Labs annual report on the leading players and emerging trends in fintech innovation has become a valuable and trusted resource. It recognizes the leading labs run by financial services companies (internal and external), venture capitalists, economic development organizations and independent entities.
“Financial Innovation Labs play a pivotal role in propelling the ongoing digital revolution by bridging the gap between theoretical concepts and practical applications. They transform groundbreaking ideas into innovative solutions that reshape industries and redefine financial services,” said Joseph Giarraputo, publisher and editorial director of Global Finance. “The organizations selected as Global Finance’s World’s Best Financial Innovation Labs 2025 are true pioneers.”
The Innovators 2025 is Global Finance’s twelfth annual awards competition honoring organizations at the vanguard of new ideas, products and services in the financial sector. Honorees have been chosen for the Most Innovative Banks and Fintechs, Top Global Innovations in Finance, and Top Innovations in Finance by Category.
All selections were made by the editorial board of Global Finance with the input of reporters who are experts on the functions being served by these innovators. Entries were not required for consideration, but submissions from banks, consultants and other organizations were carefully considered as part of the decision process.
Financial Service Company Labs (Working With External Startups and Scaleups)
| AB iHub – Arab Bank |
| Akbank Lab |
| Alior Bank/Alior iLab |
| Alios Cooperative |
| Banco Bradesco inovabra |
| Barclays Eagle Labs |
| BNY Mellon Enterprise Innovation Group |
| BofA Breakthrough Lab |
| boostLAB Powered by BTG Pactual |
| Citi Innovation Labs |
| DBS Asia X (DAX) |
| Deutsche Bank Innovation Center |
| EFG EV Fintech |
| Elevator Lab powered by Raiffeisen Bank International |
| ING Labs |
| Morgan Stanley Inclusive & Sustainability Ventures Lab |
| OTP Bank Innovation Lab |
| RBL_Start/Alior Bank |
| TD Lab & TD Workshop of TD Bank Group |
| TEB Faktoring/Polaris Transformation Program |
| Up2Stars/Intesa Sanpaolo |
| Visa Global Innovation Center |
| Wenov by Attijariwafa |
| x15 Ventures/Commonwealth Bank of Australia |
| Yapi Kredi FRWRD |
Financial Service Company Labs (Internal)
| ABC Labs/Bank ABC |
| Bancolombia Innovation Lab |
| BBVA AI Factory |
| Capital One Lab |
| CIB Innovation Group |
| CTBC Data & AI R&D Center |
| Customer Experience LABs/CaixaBank |
| CZBank |
| Fidelity Center for Applied Technology/Fidelity Labs |
| Goldman Sachs – GS Accelerate |
| Mastercard Labs as a Service |
| Moody’s |
| National Bank of Kuwait Group Digital Office |
| PayPal Innovation Labs |
| SEB Embedded (SEB Group) |
Independent Labs
| Accenture’s Fintech Innovation Labs |
| Beta-i |
| Mass Challenge |
| TechQuartier |
| Tenity |
Venture Capital Labs
| Accelerator Frankfurt |
| Deloitte Catalyst |
| Plug and Play |
| Startup Bootcamp |
| Startup Bootcamp |
| Synechron |
| Y Combinator |
Economic Development Labs
| Asobancaria |
| Banco W/W Lab |
| Brazilian Financial Innovation Lab (LAB) |
| Copenhagen Fintech Lab |
| Cyberport |
| DIFC Fintech Hive |
| European Investment Bank/Space Finance Lab |
| FinTech Innovation Lab |
| Seoul Fintech Lab |
| Social Innovation Lab/Banking and Financial Associations of Colombia |
The winning organizations listed above are presented alphabetically by category and are not ranked.
###
For editorial information, please contact Andrea Fiano, editor, afiano@gfmag.com
About Global Finance
Global Finance, founded in 1987, has a circulation of 50,000 and readers in 188 countries, territories and districts. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the legacy of 38 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.
Logo Use Rights
To obtain rights to use Global Finance’s Award Logos, please contact Chris Giarraputo at: chris@gfmag.com.
The unauthorized use of Global Finance Logos is strictly prohibited.
