Ascentium Capital LLC, a national commercial lender, announced receiving the FinTech Breakthrough Award for the Best Business Lending Platform. The mission of the FinTech Breakthrough Awards is to honor excellence and recognize the success of FinTech companies, technologies and products that disrupt and innovate the financial services industry.


Tom Depping, Chief Executive Officer of Ascentium Capital, commented, “We are honored to receive this award that demonstrates Ascentium’s technology leadership. As we look at 2017 and beyond, we plan to stay ahead of the innovation curve with new capabilities.”


The mission of the FinTech Breakthrough Awards is to honor excellence and recognize the creativity and success in a range of FinTech categories, including lending, payments, RegTech and many more. This year’s program attracted more than 3,000 nominations from over 15 different countries. All nominations were evaluated by an independent panel of experts within the FinTech industry, including media, analysts, journalists and technology executives.


David Pederson, Executive Vice President, Chief Information Officer at Ascentium, remarks, “Our entire technology team is focused on developing and integrating new technology to enhance client satisfaction while delivering ongoing improvements in operational costs. Our goal is to be the financier of choice for equipment vendors and small businesses, and our propriety platform drives this mission.”


“We are excited to recognize Ascentium Capital as winners of the Best Business Lending Platform award, and we congratulate them on playing a leading role within the FinTech industry,” said James Johnson, Managing Director, FinTech Breakthrough. “The judges were particularly impressed with the company’s innovative and powerful suite of tools, such as the business portal for vendor clients and the streamlined financing process for SMBs. The Business Lending award category included nominations from the top financial services and technology companies, and we acknowledge and congratulate Ascentium Capital for breaking through to achieve this recognition.”