New Zealand-based person-to-person currency exchange KlickEx has emerged as the winner of the Innotribe Startup Challenge at Sibos in Dubai.
KlickEx triumphed over a field of nine other start-ups to walk away with a $50,000 cash prize following a competitive 10-minute pitch at the incubator's final Sibos session.
To qualify for the challenge, eligible start-ups had to be less than three-years old and have no more than $1M in combined revenue and investment in the last 12 months.
A second Innotribe face-off between six later-stage or 'innovator' companies was won by Dublin-based Java virtualisation and cloud specialists Waratek.
The Finextra TV crew caught up with Waratek's John Matthew Holt earlier in the day to discuss the problems banks have in running a large IT estate.
Finextra also met up with KlickEx founder Robert Bell to talk about the start-ups origins in the South Pacific and plans for the future, post-Innotribe.