Stories: SettleMint nominated for the Rising Star Award
The EIC-funded company SettleMint has been nominated for the 2019 Rising Star award, together with 9 other innovative companies. The Rising Star selection is part of the Deloitte Technology Fast 50 competition and the award goes to the fastest growing technology company in Belgium in terms of its percentage of growth in turnover over the past four years. This week, the nominated companies participated in a pitch presentation in Brussels and an independent jury will select the 2019 Rising Star.
The Belgian start-up SettleMint provides the underlying technology to help companies and institutions eager to take advantage of blockchain technology without having to develop their own solutions. By adopting SettleMint’s solutions, business partners can focus their efforts and resources on delivering their own services without having to invest or manage the underlying platform.
"The Mint middleware is a zero-configuration smart gateway on top of your smart contracts,” explained Matthew Van Niekerk, SettleMint Founder & CEO during an interview to the website Luxe Digital. “It makes working with blockchain technologies easy for your IT team."
The company is among the new wave of Belgian startups that are reshaping the global tech landscape. While not all fast-growing technology companies have been in business for at least five years, many have the potential to become market leaders. That’s why these early achievers – who may one day be listed in the Technology Fast 50 ranking – can enter the Rising Star category.
"It is a great honour for the team at SettleMint to be recognised not only for our achievements in our first 3 years, but also for the potential we have created for the years to come. Our unique selling proposition is crystal clear, our solution provides the quickest path from blockchain concept to business case realisation. I believe, in combination with a fantastic team, the judges appreciated that with the blockchain hype dying down, we have a great product-market fit for enterprises that will integrate blockchain technologies into their production environment.", he added.
In this category, the key is revenue potential rather than revenue growth. All applications are made through a pitch and a well-developed business plan. A panel of independent experts from the technology sector analyses each entry and makes a selection according to scalability, experience, management team expertise and highly promising growth.