Local digital payments app Moneybase was awarded the Best Financial Institution at last Friday’s Malta Business Awards and was named runner-up for the Innovative Business Award. CEO and Founder Alan Cuschieri celebrated the successful night, thanking all customers and staff for their contribution.

Commenting, Mr Cuschieri said: “We are proud to have achieved the prestigious award of Best Financial Institution during our first year of operation. We have been dedicated to ensuring that Moneybase is offered at the highest standards possible and we are now seeing the results. I would like to thank our customers for their continuous support and all our employees for producing such a great product and service.”

The awards ceremony took place at the Mediterranean Conference Centre, Valletta, on Friday 28th October, where over 20 local businesses received the most distinguishing awards from the local business scene.

Commenting on what comes next for Moneybase, Mr Cuschieri said, “We have just launched joint accounts, which allow Moneybase customers to switch from their personal account to their joint account and to have a separate card for each, and we have more exciting functionality, which will be announced early next year.”

The Malta Business Awards, which are presented by the Malta Chamber of SMEs and Malta Enterprise, give recognition to the best performing businesses. The initiative presents awards under four separate categories: Celebrating Business, Business Innovation, Distinct Initiatives, and Green Ambassadors. Moneybase, which is part of the Calamatta Cuschieri Finance Group, is this year’s winner in the prestigious Celebrating Business category.

Independent judges selected 100 finalists out of more than 300 nominations, and the winners were then picked in a second round of judging after finalists were able to showcase their business’s achievements.

The highly anticipated event was attended by over 600 guests, including finalists, business leaders and VIPs, representing the most prominent names from the local business sector and major industry stakeholders.

As a next-generation financial platform, Moneybase provides investments and payments in a single ecosystem backed by local ISO certified customer support.

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