Manchester Fintech Start-up shortlisted for National Award

EPA FinalistManchester based fintech company Arro Money have been shortlisted for a prestigious award by innovation drivers the Emerging Payments Association.

Nominated for the leading payments start-up category of the Emerging Payments Awards, Arro Money were the only business based in the North to be nominated, with the other four finalists all London based.

These annual awards recognise companies that have made significant advances in how we pay today. Arro Money now has over 20,000 personal account holders and continues to grow month on month. The business has recently moved to larger premises in Stretford to accommodate its rapid growth.

CEO and co-founder Muhammad Asim said: “Manchester has become an ideal location to launch a new business and we’re proud to fly the flag for the north at a national level.

“This shortlisting proves that fintech businesses can flourish outside the capital and our rapid growth is testament to our ongoing success.”

In addition to offering an inclusive personal account with online money management functionality, Arro Money now also offer a business account for both limited companies and sole traders.

Jonathan Farnell, fellow director and CRO, added:“It’s a competitive category and the other nominees are impressive. However, I believe we’re a serious contender and look forward to hearing the results.”