Radnor Tech Leader Named “Executive Of The Year”

RADNOR, PA —Luvleen Sidhu, chairman and founder of BM Technologies, a digital banking platform, was awarded the Fintech Nexus “Executive of the Year.”

Sidhu received the honor Thursday at the Fintech Nexus seventh annual awards ceremony at the Javits Center, New York.

She also participated in a panel discussion entitled, "Are we moving to a world dominated by embedded finance?"

The Fintech Nexus Executive of the Year Award is given to a senior executive who has demonstrated outstanding leadership, integrity, performance, and team building within their company while at the same time contributing to the advancement of the industry.

Sidhu was chosen as the winner out of five finalists, including Zach Perret, CEO and co-founder of Plaid; Chris Britt, founder and CEO of Chime; Rania Succar, CEO of Intuit Mailchimp; and Jennifer Tescher, founder and CEO of Financial Health Network.

The panel of judges is a diverse group of leaders and experts in the banking and lending industry from companies such as Prosus Ventures, Team 8, Sutton Payments Division, and BankTech Ventures.

As a woman in a male-dominated industry, Sidhu was the youngest female to take a company public at the time of its listing.

"I am truly grateful to be honored with the 2023 Fintech Nexus Executive of the Year award," said Sidhu chairwoman, CEO, and Founder of BMTX.

"The finalists in this category represent admired executive leadership from a group of inspiring companies, and it is a privilege to be among them."

This year, Sidhu said, has been pivotal for the company.

She noted that the company began 2023 with a new bank partnership with First Carolina Bank for our higher education business, a two-year renewal of our existing and largest BaaS partnership, and a new deposit servicing agreement with Customers Bank for our existing and largest BaaS partnership.

Sidhu is a Young Presidents' Organization member, passionate about mentoring women and empowering entrepreneurs to bring new fintech technologies to market.

She is also the founder of the BMTX Foundation and its Annual Financial Empowerment Scholarship offered to one excellent undergraduate or graduate student who is blazing a trail and shaking things up in financial empowerment.

Launched in 2015, BMTX is one of America's largest digital financial services platforms and a pioneer in the BaaS sector, powering fintech and brands to expand access to digital banking products through its award-winning technology."

"BaaS fintech opportunities continue to expand, and I am excited about speaking on the topic of embedded finance at Fintech Nexus," Sidhu said. "We remain nimble as we position BMTX for the next level of growth. We are looking forward to the future with acceleration for our customers, shareholders, and the industry at large,"