Top Financial Services Providers – Fintech Startups – Business Insider

BII The fintech industry is growing every year, and the market is beginning to pack up with financial services providers and fintech startups who are attempting to fulfill customers’ needs and form the future of finance.

After reaching $Nineteen billion te total te 2018, entero fintech funding had already succesnummer $15 billion by mid-August 2018. Several innovative financial services and fintech companies are driving that growth by attracting investors who are suggesting fresh financial products and services.

But spil more and more companies pour into the fintech space, it can be raunchy to sift through them and identify the major players. To help, wij’ve listed below the most significant financial technology startups across six areas: Banking, Payments, Investment and Financial Management, Insurance, Currency and Exchange, and Lending and Financing.

Note: All employee and funding gegevens comes from Crunchbase.

Banking Fintech Providers & Startups

Monzo

Number of Employees: 11 to 50

Total Funding: $17,699,015

One Thing to Know: U.K. digital-only mobile canap Monzo wasgoed founded spil Mondo te 2018.

Starling Handelsbank

Number of Employees: 1 to Ten

Total Funding: $70,000,000

One Thing to Know: Amazon Web Services named Starling Bankgebouw spil one of its four Hot Startups to witness ter November 2018.

Ally Canap

Number of Employees: 1,000 to Five,000

Total Funding: N/A

One Thing to Know: Ally Financial went public on April Ten, 2014

Tandem

Number of Employees: 101 to 250

Total Funding: $34.8 million

One Thing to Know: Digital-only canap Tandem has an official banking license with the Canap of England.

Fidor Handelsbank

Number of Employees: N/A

Total Funding: N/A

One Thing to Know: Groupe BPCE acquired the Munich-based web canap on July 28, 2018.

Number of Employees: N/A

Total Funding: $Two million

One Thing to Know: Tide claims it can get you a business MasterCard ter just three minutes.

Number of Employees: 101 to 250

Total Funding: $52.73 million

One Thing to Know: Famous Silicon Valley investor Peter Thiel has backed the company, which obtained a total German banking license te July 2018.

Plain

Number of Employees: 251 to 500

Total Funding: $15.29 million

One Thing to Know: Plain has more than 100,000 customers and processed $1.7 billion te annual transactions te 2018.

Number of Employees: 11 to 50

Total Funding: $166.34 million

One Thing to Know: Atom users can loom te to the mobile banking app using facial recognition.

Payments Fintech Providers & Startups

Dwolla

Number of Employees: 51 to 100

Total Funding: $32.45 million

One Thing to Know: The Des Moines-based company announced ter November 2018 that it would druppel its consumer app.

Venmo

Number of Employees: 51 to 100

Total Funding: N/A

One Thing to Know: Braintree acquired the peer-to-peer payments company ter 2012, and today it has become a household name ter P2P payments.

PayPal

Number of Employees: More than Ten,000

Total Funding: N/A

One Thing to Know: PayPal wasgoed founded on December 1, 1998 and acquired by eBay on July 8, 2002.

Paydiant

Number of Employees: 51 to 100

Total Funding: $34.6 million

One Thing to Know: PayPal-owned Paydiant uses a cloud-based toneelpodium that helps merchants and banks deploy their own mobile wallets inwards their own apps.

Samsung Pay

Number of Employees: N/A

Total Funding: N/A

One Thing to Know: The mobile wallet supports more than 300 banks, and Samsung has plans to add more.

Visa Checkout

Number of Employees: N/A

Total Funding: N/A

One Thing to Know: Visa Checkout has partnerships with Best Buy, Starbucks, the Huis Shopping Network, Under Armour, and more.

BitPesa

Number of Employees: 11 to 50

Total Funding: $1.75 million

One Thing to Know: BitPesa presently accepts Bitcoin and delivered fiat currency directly to mobile phones te Kenya, Nigeria, Uganda, and Tanzania. It also sells Bitcoin te Kenya, Nigeria, and Uganda.

WorldRemit

Number of Employees: 101 to 250

Total Funding: $147.66 million

One Thing to Know: WorldRemit is available ter more than 50 countries and has received backing from investors such spil Accel Playmates and TCV.

Stripe

Number of Employees: 501 to 1,000

Total Funding: $440 million

One Thing to Know: Stripe’s latest funding round of $150 million values the company at more than $9 billion.

Braintree

Number of Employees: 251 to 500

Total Funding: N/A

One Thing to Know: The PayPal-owned company powers payments for companies such spil Airbnb, Facebook, GitHub, Pinterest, and Uber.

Klarna

Number of Employees: 1,000 to Five,000

Total Funding: $291.33 million

One Thing to Know: Klarna recently acquired Berlin-based peer-to-peer payment startup Cookies, which had announced its wasgoed shutting down.

Android Pay

Number of Employees: N/A

Total Funding: N/A

One Thing to Know: Android Pay has a almost 60% market invasion te Singapore.

Pursue Pay

Number of Employees: N/A

Total Funding: N/A

One Thing to Know: Pursue Pay officially debuted its app on November 21, 2018.

Azimo

Number of Employees: 51 to 100

Total Funding: $46.59 million

One Thing to Know: Azimo promises money transfers te one hour or less.

Number of Employees: N/A

Total Funding: N/A

One Thing to Know: PayPal acquired this international money transfer company on July Two, 2018.

iZettle

Number of Employees: 251 to 500

Total Funding: $172.29 million

One Thing to Know: iZettle boasts the world’s very first mini chip card reader and software for mobile devices te 2010.

Square

Number of Employees: 501 to 1,000

Total Funding: N/A

One Thing to Know: Square went public on November Nineteen, 2018 and raised $243 million.

Adyen

Number of Employees: 251 to 500

Total Funding: $266 million

One Thing to Know: Adyen’s customers include Facebook, Uber, Netflix, Spotify, Airbnb, Yelp, Booking.com, SoundCloud, Vodafone, and more.

ShopKeep

Number of Employees: 101 to 250

Total Funding: $72.Two million

One Thing to Know: ShopKeep has more than 23,000 customers and is a member of Apple’s Mobile Partnership Program.

Remitly

Number of Employees: 101 to 250

Total Funding: $100 million

One Thing to Know: Remitly operates ter 49 of the 50 U.S. states and Washington D.C., spil well spil Canada.

Transferwise

Number of Employees: 251 to 500

Total Funding: $116.37 million

One Thing to Know: Transferwise CEO Taavet Hinrikus wasgoed part of the puny team that began Skype ter 2003.

Apple Pay

Number of Employees: N/A

Total Funding: N/A

One Thing to Know: Apple Pay launched on October 20, 2014.

Investing & Financial Management Providers

Betterment

Number of Employees: 101 to 250

Total Funding: $205 million

One Thing to Know: Betterment is the most popular robo-advisor te the U.S. and has more than $6 billion te assets under management.

Vanguard

Number of Employees: More than Ten,000

Total Funding: N/A

One Thing to Know: The Vanguard Group manages approximately $Three.6 trillion te assets.

BillGuard

Number of Employees: N/A

Total Funding: N/A

One Thing to Know: BillGuard announced on September 24, 2018 that it would become part of Prosper Marketplace.

Moneyfarm

Number of Employees: 51 to 100

Total Funding: $29.81 million

One Thing to Know: Moneyfarm operates ter Italy and the United Kingdom.

Robinhood

Number of Employees: 51 to 100

Total Funding: $66 million

One Thing to Know: Robinhood has a service called Robinhood gold that permits for pre-market and after-market trading, extra buying power, and larger instant deposits.

Advizr

Number of Employees: 1 to Ten

Total Funding: $Trio.59 million

One Thing to Know: Advizr CEO Hussain Zaidi worked spil a client-facing advisor for 12 years before he came up with the idea for his company.

Nutmeg

Number of Employees: N/A

Total Funding: $75.02 million

One Thing to Know: Nutmeg specializes te ISAs and pensions.

Wealthfront

Number of Employees: N/A

Total Funding: $129.Five million

One Thing to Know: Wealthfront manages accounts less than $Ten,000 for free and charges a 0.25% toverfee after that.

Habito

Number of Employees: 11 to 50

Total Funding: $Two.Two million

One Thing to Know: Habito targets huis buyers and attempts to liquidate the friction of mortgage applications.

Motif

Number of Employees: 51 to 100

Total Funding: $126.Five million

One Thing to Know: Motif offers eight different types of accounts for different varieties of investors.

Hedgeable

Number of Employees: 11 to 50

Total Funding: $1.85 million

One Thing to Know: Hedgeable concentrates on millennials and touts itself spil “your private investing sensei.”

SigFig

Number of Employees: 51 to 100

Total Funding: $60 million

One Thing to Know: SigFig has backing from UBS, Fresh York Life, Santander InnoVentures, Eaton Vance, Comerica Bankgebouw, and more.

Scalable Renta

Number of Employees: 11 to 50

Total Funding: $12.27 million

One Thing to Know: The Munich-based company concentrates primarily on risk management.

Number of Employees: N/A

Total Funding: N/A

One Thing to Know: Intuit acquired Mint on September 14, 2009.

Wealthsimple

Number of Employees: 11 to 50

Total Funding: $25.66 million

One Thing to Know: Wealthsimple is the largest automated investing service ter Canada.

Charles Schwab

Number of Employees: N/A

Total Funding: N/A

One Thing to Know: Charles Schwab went public on January Ten, 2003.

Insurance Fintech Providers

Bought by Many

Number of Employees: 11-50

Total Funding: N/A

One Thing to Know: Bought by Many wasgoed a Fintech Innovation Awards winner te 2018 and 2018.

Slice Labs

Number of Employees: 11 to 50

Total Funding: $Three.9 million

One Thing to Know: The insurance technology startup offers a pay-per-use policy for Uber and Lyft drivers while they are on the job.

Shift

Number of Employees: 11 to 50

Total Funding: $11.8 million

One Thing to Know: Shift Technology uses gegevens to automatically detect networks of fraudsters te the insurance and e-commerce sectors.

Cuvva

Number of Employees: 1 to Ten

Total Funding: $759,150

One Thing to Know: The UK-based company provides insurance on a car for only spil long spil the customer needs it, whether that’s an hour or a day.

Oscar

Number of Employees: 251 to 500

Total Funding: $727.Five million

One Thing to Know: The health insurance startup wasgoed founded on July 1, 2013.

WeSavvy

Number of Employees: 1 to Ten

Total Funding: $40,000

One Thing to Know: WeSavvy provides insurance policy prizes for healthy behaviors such spil walking, running, and bicycling.

Number of Employees: 101 to 250

Total Funding: $Eighteen.Trio million

One Thing to Know: The mobile insurance company has offices ter Switzerland, Germany, and Serbia.

Roost

Number of Employees: 11 to 50

Total Funding: $6.48 million

One Thing to Know: Roost specializes ter clever huis technology.

Kasko

Number of Employees: 1 to Ten

Total Funding: $682,710

One Thing to Know: Kasko wasgoed founded on Fresh Year’s Day 2018.

Lemonade

Number of Employees: 11 to 50

Total Funding: $13 million

One Thing to Know: Lemonade has access to more than Two,500 retailers and advertisers through back-end partnerships with companies such spil Apple, Netflix, Macy’s, Nordstrom, Walmart, and more.

Teambrella

Number of Employees: N/A

Total Funding: N/A

One Thing to Know: Teambrella’s users provide coverage to each other. When one person submits a rechtsvordering within his or hier team, the teammates reimburse it.

Fitsense

Number of Employees: 1 to Ten

Total Funding: $44,000

One Thing to Know: Fitsense uses wearables gegevens to help insurance companies personalize their health and life insurance packages for individuals.

Friendsurance

Number of Employees: 51 to 100

Total Funding: $15.Three million

One Thing to Know: The P2P insurance company prizes petite user groups with metselspecie back bonuses at the end of the year if they remain claimless.

Cocoon

Number of Employees: 11 to 50

Total Funding: $Four.11 million

One Thing to Know: Cocoon specializes ter brainy huis security.

Markets, Currency, & Exchange Fintech Companies

Ripple

Number of Employees: 101 to 250

Total Funding: $93.6 million

One Thing to Know: Ripple claims that it has partnerships with 15 of the top 50 banks.

Losbreken

Number of Employees: 11 to 50

Total Funding: $6.Five million

One Thing to Know: The bitcoin exchange says it wasgoed the very first to have its trading price and volume displayed on the Bloomberg terminal.

Coinbase

Number of Employees: 101 to 250

Total Funding: $117.21 million

One Thing to Know: Coinbase wasgoed founded on June 1, 2012.

Bitstamp

Number of Employees: 11 to 50

Total Funding: $Ten million

One Thing to Know: Bitstamp wasgoed the very first regulated and licensed supuesto currency exchange ter the European Union.

Number of Employees: 11 to 50

Total Funding: N/A

One Thing to Know: BTC is the world’s largest Bitcoin media group.

Ethereum

Number of Employees: 11 to 50

Total Funding: N/A

One Thing to Know: Ethereum works with bitcoin, developer APIs, consumer applications, and more.

Digital Asset

Number of Employees: N/A

Total Funding: $67.Two million

One Thing to Know: Digital Asset has formed partnerships with Accenture, Broadridge, and PwC.

Circle

Number of Employees: 51 to 100

Total Funding: $136 million

One Thing to Know: Goldman Sachs, Accel, and other heavyweights have poured their financial support into Circle.

Lending & Financing Technology Companies

AvantCredit

Number of Employees: N/A

Total Funding: N/A

One Thing to Know: AvantCredit, a subsidiary of Avant, has lent more than ?Two billion to more than 450,000 around the world.

Number of Employees: N/A

Total Funding: $68.63 million

One Thing to Know: Zopa wasgoed one of the very first three members of the U.K.’s Peer-to-Peer Finance Association, along with FundingCircle and RateSetter.

Unie Street

Number of Employees: 11 to 50

Total Funding: $11.50 million

One Thing to Know: Unie Street offers puny business loans of $50,000 to $500,000 with rates beginning at 6% for terms of one to three years.

Number of Employees: 501 to 1,000

Total Funding: $1.38 billion

One Thing to Know: SoFi has loaned $13 billion to date to more than 200,000 members.

Assetz

Number of Employees: 11 to 50

Total Funding: $Four.94 million

One Thing to Know: Assetz claims that no investor has everzwijn made a loss te its automatic investment accounts.

Funding Circle

Number of Employees: 251 to 500

Total Funding: $273.24 million

One Thing to Know: Funding Circle has provided loans to more than 20,000 businesses and helped more than 55,000 people around the world invest ter petite businesses.

Younited Credit

Number of Employees: 101 to 250

Total Funding: $74.34 million

One Thing to Know: Younited Credit wasgoed formerly known spil Pret d’Union.

Orchard

Number of Employees: 11 to 50

Total Funding: $44.70 million

One Thing to Know: Orchard uses its technology and infrastructure to build systems that help marketplace lenders grow.

China Rapid Finance

Number of Employees: 1,000 to Five,000

Total Funding: $91 million

One Thing to Know: The company is the largest online consumer lending marketplace ter China that serves online users and the growing middle class te the world’s most populous nation.

Lending Club founder and CEO Renaud Laplanche REUTERS/Brendan McDermid

Patch of Land

Number of Employees: 11 to 50

Total Funding: $24.8 million

One Thing to Know: Through the third quarter of 2018, Patch of Land had $194,083,766 te loans originated, $168,283,766 ter loans funded, and returned $46,733,895 to investors.

LendUp

Number of Employees: 101 to 250

Total Funding: $111.Five million

One Thing to Know: LendUp offers credit education courses through its webstek that voorkant credit building, consumer credit rights, and more.

Prosper

Number of Employees: 501 to 1,000

Total Funding: $354.9 million

One Thing to Know: Prosper wasgoed the very first marketplace lender te the U.S. when it launched te 2006.

Affirm

Number of Employees: 101 to 250

Total Funding: $420 million

One Thing to Know: The San Francisco-based financial services company wasgoed found ter 2012.

Kreditech

Number of Employees: 251 to 500

Total Funding: $152.Nineteen million

One Thing to Know: Kreditech concentrates on providing credit access to people with little or no credit history.

Auxmoney

Number of Employees: 101 to 250

Total Funding: $198.Legitimate million

One Thing to Know: Auxmoney is a German peer-to-peer loan marketplace.

OnDeck

Number of Employees: 501 to 1,000

Total Funding: $190 million

One Thing to Know: OnDeck has delivered more than $Five billion to petite businesses worldwide.

LendInvest

Number of Employees: 101 to 250

Total Funding: $58.62 million

One Thing to Know: LendInvest touts itself spil the UK’s leading online podium for property lending and investing.

Bondora

Number of Employees: 51 to 100

Total Funding: $7.01 million

One Thing to Know: Bondora has processed more than 400 million euro ter loan applications from prime and near-prime borrowers.

Lendio

Number of Employees: 11 to 50

Total Funding: $51 million

One Thing to Know: Lendio takes a customer’s free application and places it te vuurlijn of more than 75 lenders.

LendingClub

Number of Employees: 501 to 1,000

Total Funding: N/A

One Thing to Know: CEO Renaud Laplanche resigned after an internal probe te early May 2018.

Seedrs

Number of Employees: N/A

Total Funding: $22.76 million

One Thing to Know: Seedrs boasts that it is the leading equity crowdfunding toneel te Europe, and it plans to open to U.S. investors soon.

Kabbage

Number of Employees: N/A

Total Funding: $238.65 million

One Thing to Know: Kabbage has provided more than $Two billion te funding to more than 84,000 businesses.

Lufax.com

Number of Employees: 501 to 1,000

Total Funding: $1.Sixty nine billion

One Thing to Know: Lufax wasgoed incorporated ter September 2011 te Shanghai with the support of Shanghai’s Municipal Government and has since become China’s largest Internet finance company.

Market Invoice

Number of Employees: 51 to 100

Total Funding: $29.74 million

One Thing to Know: The P2P fintech toneel has funded against ?1,021,631,610 to date.

Crowdfunder

Number of Employees: 11 to 50

Total Funding: $Four.9 million

One Thing to Know: The Los Angeles-based company concentrates on switching U.S. laws to make it lighter for startups and puny businesses to raise funds through equity or revenue-based financing.

Crowdcube

Number of Employees: N/A

Total Funding: $28.23 million

One Thing to Know: The equity-based crowdfunding podium has invested ?197,333,589 for 325,220 registered members.

BlueVine

Number of Employees: 11 to 50

Total Funding: $64 million

One Thing to Know: BlueVine offers credit lines up to $100,000 and immobile repayments overheen a six-month period.

RateSetter

Number of Employees: 51 to 100

Total Funding: $46.83 million

One Thing to Know: RateSetter has lent ?1,581,503,579 to date.

More to Learn

This comprehensive list of fintech companies merely scrapes the surface of the fintech industry, which is growing te unprecedented ways.

That’s why Bisexual Intelligence spent months compiling the best and most exhaustive guide on the world of fintech entitled The Fintech Ecosystem Report: The Emerging Technologies and Firms Driving Switch ter Financial Services and How Legacy Players Can Navigate The Disruption.

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2 thoughts on “Top Financial Services Providers – Fintech Startups – Business Insider

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