Pidgin Named a Finalist in PayTech’s 2023 Excellence in Tech Awards

ATLANTA--(BUSINESS WIRE)--Pidgin, a secure real-time payments platform built for the future of payments, has been named a finalist in PayTech’s 2023 Excellence in Tech Awards for the category, “Startup of the Year.”

PayTech’s Excellence in Tech Awards recognize the software and service providers offering modern, comprehensive payments solutions for businesses that deliver measurable improvements to customers. Pidgin was selected as a finalist for this year’s award based on the strength of the company’s technology offerings and its uniquely powerful real-time payments platform. Winners of this year’s awards will be announced at the live award show in London on June 30, 2023.

“We are honored to be named a finalist in this year’s PayTech awards for our contributions in the payments technology space,” said Abhishek Veeraghanta, CEO of Pidgin. “As adoption of real-time payments grows, new innovations and use cases in the payments space will take shape, which will help financial institutions find ways to better serve their customers. Thank you to our clients, partners and our entire team for pushing Pidgin to the forefront of faster payments.”

Pidgin serves as a single solution to send and receive faster payments directly from a retail or business checking account. The company’s payment platform is designed to help banks and credit unions of all sizes embrace faster payments, which is especially timely as demand for instant transactions grows. With Pidgin, payments are routed directly from financial institution to financial institution, and can be processed via multiple rails, including the FedNow^SM Service, The Clearing House’s RTP and Same Day ACH. Pidgin’s flexible network enables financial institutions to add even more value to faster payments for their account holders, ensuring funds arrive when they expect them to – at the lowest cost possible.

Pidgin is also among the first companies in the industry to complete testing and certification for the FedNow^SM Service, the U.S. Federal Reserve’s new instant payment offering launching in July 2023. Pidgin serves as a central connection point to the FedNow Service, along with the other faster payment networks, allowing financial institutions of all sizes to easily deliver instant payment options to their customers for a variety of use cases.

About Pidgin

Pidgin is a new, innovative and secure faster payments ecosystem, enabling financial institutions, business owners and individuals to process transactions faster and with lower fees. Engineered to deliver innovation both today and in the future, no matter how payments evolve, Pidgin allows financial institutions to send and receive faster payments almost instantly, but in a more secure way than virtual wallet alternatives. When using Pidgin, money is kept within the financial institution, as opposed to a holding account owned by a fintech provider. For more information, please visit www.pidgin.net or follow them on Twitter @PidginPayments and LinkedIn.