Fintech companies are growing vehemently and their growth is in plain sight of the tech companies and tech giants. Owing to a digital paradigm shift, business organizations and companies are extensively resorting to digital financial operations and are striving to make strategic acquisitions.
By adopting fintechs, companies are trying to automate, streamline, and transform vulnerabilities into strengths.
Listing the Most Innovative Fintechs
EquityZen
Founded: 2013
Founders: Atish Davda, Shriram Bhashyam, and Phil Haslett
EquityZen is a reputed online marketplace that supports the trade of pre-IPO employee share from privately held companies. The platform helps to bridge gaps between investors and private companies along with helping individuals to buy and sell stocks in private and Pre-IPO companies. In recent days, the platform has witnessed a surge of interest in pre-IPO investments.
Praxis
Founded: 2017
Founders: Issac Morehouse
Praxis fintech company is aiming to create payment channels alternatives that are ethically driven. Praxis opens itself to both B2B and consumer markets. Praxis fintech believes in leveraging the newest technologies to drive innovation in payment channels. In recent times, the services delivered by Praxis was heavily realized when the US faced a dearth of property establishments due to construction problems. Praxis is known to have served the real estates.
Stampli
Founded: 2014
Founders: Eyal Feldman, Ofer Feldman
Stampli is deemed as the leader in accounts payable automation. The fintech companies assist other companies to track, manage, make uninterrupted invoice payments from vendors. Stampli has known to serve the financial departments of business organizations most efficiently when they had reached a new inflection caused by remote working in managing payables.
Gemini
Founded: 2014
Founders: Cameron and Tyler Winklevoss
Gemini is a New York Trust company that operates under the regulation of the New York State Department of Financial Services (NYDFS). Gemini was tagged as the world’s first license ether exchange in 2016. Gemini rose in popularity as 2021 witnessed a surge in cryptocurrency investors and the digital assets touched new heights.
Nubank
Founded: 2013
Founders: Adam Edward Wible, Christina Junqueira, and David Velez
Nubank is a neo-bank and is the largest fintech company in Latin America. One of the famous products by Nubank is NuConta which is a digital account that facilitates users to save and transfer money in real-time. Amongst the prestigious achievements of Nubank is that it was featured in the Guinness Book of World Records in 2018. The company is known to serve over ten million customers alone in Latin America.
Riskified
Founded: 2012
Founders: Eido Gal, Assaf Feldman
Riskified is a cybersecurity startup that provides support in e-commerce fraud prevention. E-commerce platforms are touching new heights from 2020 and the wave only surges. This surge has also entailed several illicit system breaches and cyber attacks. Riskified has now emerged to be the new ‘Toyota Camry’ of the e-commerce sites which delivers effective and innovative solutions to keep frauds at bay.
Coinbase
Founded: 2012
Founders: Brian Armstrong, Fred Ehrsam
Coinbase is a popular platform for buying, selling, and managing digital currency. The digital currency trades in Coinbase can be tracked through mobile applications along with the promise of security of the assets. Reportedly, Coinbase serves 32 countries and has dealings in more than $150 billion in Bitcoin, Bitcoin, Ethereum, and Litecash.
Acorns
Founded: 2018
Founders: Walter Cruttenden, Jeff Cruttenden, and Jasmine Lee
Originally, Acorns is a financial technology and financial services company that is now better identified as a savings and investment mobile application. The mobile application is linked to a user’s financial account.
Affirm
Founded: 2012
Founders: Max Levchin, Nathan Gettings, Jeffrey Kaditz, and Alex Rampell
Affirm is defined as a lending platform that facilitates small instalments. Users can avail of payment by small instalments for all online purchases. One unique aspect of Affirm is that it offers low rates of interest and has customized plans for a diverse user base.
Carta
Founded: 2012
Founders: Henry Ward, Manu Kumar
Carta fintech is a well-known management platform for both private and public companies. Carta focuses on business management tasks and employee equity and their products are trained accordingly to serve these purposes. The products manage and tracks employee equity, manages portfolios, and back office operations to cope up with the latest SEC and IRS regulations.