The Financial Technology Report is pleased to announce The Top 100 Financial Technology Companies of 2024. As financial technology evolves while permeating all facets of the economy, from banking to commerce to investing and beyond, both traditional financial institutions as well as native fintech companies continue to compete to bring the best solutions to market. Digital banking, decentralized finance, cross-border payments, blockchain technology, not to mention artificial intelligence, are opening new frontiers supporting a financial technology market on its way toward $600 billion by the end of the decade.
The companies being recognized are spearheading major changes to the way we all do business. Financial technology allows business and people to streamline operations, glean better insights and take control of their financial planning. This year’s awardees are a mix of industry heavyweights and emerging growth companies. They were methodically evaluated and selected based on nomination submissions and further research into their products and solutions, customer adoption, management team caliber, organizational effectiveness, and organizational depth, among other factors.
Notable award recipients include Finastra (No. 2), whose software powers 45 of the world’s top 50 banks; Fintech (No. 4), whose innovative PaymentSource powers B2B payments; PayJoy (No. 16), whose cutting-edge technology allows users to turn their smartphones into digital collateral, and MX Technologies (No. 26), an end-to-end payments platform that was recently selected by Dwolla to power account verifications and aggregation for money management.
Please join us in recognizing and celebrating the accomplishments of The Top 100 Financial Technology Companies of 2024.
1. Asurion
Asurion is a leading tech care company focused on eliminating the fears and frustrations associated with technology for its 300 million customers. With a comprehensive suite of services that includes insurance, repair, replacement, installation, and 24/7 support, Asurion ensures that customers can fully enjoy their devices, appliances, and connections. Asurion integrates advanced technology into its insurtech offerings, providing device protection, extended warranties, and streamlined claims processes to enhance customer experiences.
Milestone: Recently, Asurion was selected by NRG Protects Inc. to provide protection and support for smart home devices and mobile phones, enhancing customer experience with 24/7 tech support and seamless claims processing. Additionally, partnerships with Reach and Optimum Mobile solidify Asurion’s commitment to delivering mobile device solutions and device protection services for wireless customers, demonstrating the company’s focus on innovation and quality in tech care.
In July, Asurion partnered with Optimum Mobile to deliver more value, choice, and convenience than ever before, customers enrolled in Optimum Mobile Protection Plans can enjoy the advantages of as soon as next-day device replacement delivered to their doorstep if their device is damaged, lost, stolen, or malfunctioning past its warranty period.
Past Rankings from The Financial Technology Report:
The Top 25 InsurTech Companies of 2024 (No. 1)
2. Finastra
Finastra is a global provider of financial services software applications across Lending, Payments, Treasury and Capital Markets, and Universal (retail and digital) Banking.
The mission: Committed to unlocking the potential of people, businesses and communities everywhere, Finastra’s vision is to accelerate the future of Open Finance through technology and collaboration, and its pioneering approach is why it is trusted by ~8,100 financial institutions, including 45 of the world's top 50 banks.
Past Rankings from The Financial Technology Report:
The Top 25 Banking Technology Companies of 2024 (No. 1)
The Top 100 Financial Technology Companies of 2023 (No. 4)
The Top 100 Financial Technology Companies of 2022 (No. 7)
The Top 100 Financial Technology Companies of 2021 (No. 3)
3. Square
Square is a provider of integrated commerce and financial services that makes solutions accessible for businesses of all sizes. Since its founding in 2009, Square has transformed the commerce landscape by offering software for restaurants, retail, and professional services. Its offerings include e-commerce tools, financial services, buy now/pay later functionality through Afterpay, and staff management and payroll capabilities. This approach allows sellers to save time and streamline their operations.
The technology: Square has recognized the challenges of outdated tools and developed integrated, omnichannel solutions. Its solutions enable sellers to manage online sales, inventory, appointments, customer engagement, and staff management while accessing financial services at the point of sale. This allows merchants to secure business loans and manage cash flow in one place. With Afterpay, Square helps sellers attract the next-generation shopper and grow their businesses.
Today, Square partners with a range of sellers, from large enterprises with complex needs to new merchants just starting out. As sellers grow, Square’s solutions adapt to support them. The company is focused on building a sustainable business while helping sellers worldwide succeed in an evolving economy.
Milestone: In August, Square announced a new partnership with US Foods, a prominent food service distributor in the United States, to enhance technology solutions for food and beverage businesses.
Past Rankings from The Financial Technology Report:
The Top 25 Banking Technology Companies of 2024 (No. 2)
The Top 100 Financial Technology Companies of 2023 (No. 5)
The Top 100 Financial Technology Companies of 2022 (No. 10)
The Top 100 Financial Technology Companies of 2021 (No. 1)
4. Fintech
Fintech, a pioneering accounts payable (AP) automation solutions provider, has dedicated nearly 35 years to automating invoice processing between retail and hospitality businesses and its supply chain partners. Backed by leading investors TA Associates and General Atlantic, it stands as a leader in this sector.
The technology: Its flagship product, PaymentSource, was first built for the alcohol industry to provide invoice payment automation between alcohol distributors and their customers across all 50 states. Today, it is utilized by over 245,000 businesses nationwide for invoice payment and collection associated with all B2B business transactions, while facilitating comprehensive invoice data capture for over 1.1 million business relationships using EDI, CSV and other file formats. Recognizing operational hurdles, Fintech expanded its payment capabilities to include scan-based trading for its retailers, supply chain partners, and vendors addressing diverse profit center and inventory challenges.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 29)
5. Monzo
Monzo is a British online bank headquartered in London, England, and is recognized as one of the pioneering app-based challenger banks in the UK. Founded in early 2015, Monzo initially operated through a mobile app and a prepaid debit card. In April 2017, it received the necessary banking license to offer a full current account, marking a significant milestone in its development.
The mission: With a mission to build the best bank account in the world, Monzo emphasizes innovation and customer-centric design. The bank is designed for the modern lifestyle, ensuring that its services are fully integrated with users' smartphones. Monzo's team has expanded to more than 3,200 employees, working collaboratively from its London headquarters and remotely across the globe.
Past Rankings from The Financial Technology Report:
The Top 25 Banking Technology Companies of 2024 (No. 5)
The Top 100 Financial Technology Companies of 2023 (No. 18)
The Top 100 Financial Technology Companies of 2022 (No. 26)
6. Majesco
Majesco is a partner for Property and Casualty (P&C) and Life and Annuity (L&AH) insurers, focused on creating and delivering customer experiences. The company combines its technology and insurance expertise to anticipate future trends while addressing the current needs of its clients. More than 350 insurers, including managing general agents, greenfields, startups, and some of the largest insurers and reinsurers globally, rely on Majesco’s SaaS platform solutions enhanced by GenAI-powered insurance data analytics. The company’s offerings include core operations, data management, analytics, distribution, underwriting, loss control, and a network of partners, enabling clients to effectively navigate their future.
The mission: As an industry leader, Majesco embraces change as a means to manage risk. With more than 1,000 successful implementations and 90% of its customers operating in the cloud, Majesco is positioned to bridge the gap between traditional insurance practices and a digital mindset. This empowers customers to make informed decisions, access effective products, and ensure successful execution of their strategies.
Partner spotlight: In November, Majesco partnered with Forge and GloveBox to announce a groundbreaking three-way integration designed to transform document streaming between MGAs, agencies, and policyholders.
Past Rankings from The Financial Technology Report:
The Top InsurTech Companies of 2024 (No. 4)
7. Checkout.com
Checkout.com is a financial technology company that specializes in processing payments for businesses in the digital economy. Headquartered in London, with 16 offices across six continents, Checkout.com operates a global digital payments network that supports over 145 currencies and processes billions of transactions annually.
The technology: Checkout.com enables enterprise merchants to improve acceptance rates, lower processing costs, reduce fraud, and turn payments into a significant revenue driver. The company’s cloud-based platform is designed for enterprise and scaling businesses, allowing them to efficiently process payments, send payouts, and manage card programs.
Partner spotlight: Checkout.com serves a diverse range of global brands, including Sony, SHEIN, Sainsbury's, Wise, GE Healthcare, and The Financial Times. Recently, the company announced a partnership with Slope to enhance payment performance for U.S. enterprise merchants. Additionally, Club L London has partnered with Checkout.com to support its international expansion on the Shopify platform. Checkout.com has also launched a secure payment authentication service in collaboration with Google Pay, which speeds up the checkout process by 30 percent.
8. N26
N26 is Europe’s leading digital bank with a full German banking license. It offers simple, secure and customer-friendly mobile banking to millions of customers in 24 markets across Europe. N26 processes over €100 billion in transactions a year and currently employs 1,500 professionals of more than 80 nationalities.
Milestone: In October, N26 launched its stocks and ETFs trading in 12 new markets, allowing more customers to invest in fractional shares.
9. Addepar
Addepar is a global technology and data company that enables investment professionals to provide precise guidance to its clients. Over the past decade, hundreds of thousands of users have turned to Addepar’s platform for smarter investment decisions, managing over $6 trillion in assets across more than 45 countries.
The technology: The company offers an open platform that integrates with over 100 software, data, and services partners, delivering a comprehensive solution for various firms and use cases. Recently, Addepar launched a powerful trading solution, intuitive dashboards, and enhanced design features to bring data to life. Additionally, Itaú Private Partners has partnered with Addepar to offer a comprehensive global investment solution.
The mission: With offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Dublin, Edinburgh, and Pune, Addepar embraces a flexible global workforce model that strengthens its connection to clients and adapts to the evolving needs of the investment community.
Past Rankings from The Financial Technology Report:
The Top 25 WealthTech Companies of 2024 (No. 5)
The Top 100 Financial Technology Companies of 2023 (No. 36)
10. Ramp
Ramp is a financial operations platform that helps businesses save time and money. Founded in 2019, Ramp combines corporate cards, expense management, bill payments, vendor management, and accounting automation into one solution. This integration allows finance teams to focus on essential tasks. More than 25,000 companies, from family-owned farms to e-commerce and space startups, have saved $1 billion and 10 million hours using Ramp. The platform handles over $35 billion in annual purchases and is the fastest-growing corporate card and bill payment platform in the U.S.
Partner spotlight: Ramp is backed by investors including Sequoia, Founders Fund, Thrive Capital, Khosla Ventures, Greylock, Stripe, Goldman Sachs, Coatue, and Redpoint, as well as over 100 angel investors who are founders and executives at leading companies. Its leadership team includes professionals from top financial services and fintech firms such as Stripe, Affirm, Goldman Sachs, American Express, Mastercard, Visa, and Capital One, along with tech companies like Meta, Uber, Netflix, Twitter, Dropbox, and Instacart.
Milestone: Recently, Ramp acquired Venue, an AI-powered startup focused on procurement solutions, further strengthening Ramp's capabilities to serve its customers.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 30)
11. iCapital
iCapital powers the world’s alternative investment marketplace, offering a complete suite of tools, end-to-end enterprise solutions, data management and distribution capabilities, and an innovative operating system. iCapital is the trusted technology partner to financial advisors, wealth managers, asset managers, as well as other participants in this ecosystem, and offers unrivaled access, technology, and education to incorporate alternative assets, structured investments (SI), and annuities into the core portfolio strategies for its clients.
The technology: At the forefront of the digital transformation in alternative investing, iCapital’s secure platform delivers a complete portfolio of management capabilities for education, transactions, data flows, analytics, and client support throughout the investment lifecycle. With over $200 billion in global platform assets, the iCapital operating system automates and streamlines the complex process of private market investing and seamlessly integrates with clients’ existing infrastructure platform and tools.
iCapital employs more than 1,675 professionals across 17 offices worldwide, including New York, Greenwich, Zurich, Lisbon, London, Hong Kong, Singapore, Tokyo, and Toronto.
Past Rankings from The Financial Technology Report:
The Top 25 WealthTech Companies of 2024 (No. 4)
The Top 100 Financial Technology Companies of 2021 (No. 79)
12. Fireblocks
Fireblocks is an enterprise-grade platform that provides a secure infrastructure for moving, storing, and issuing digital assets. It enables clients, including exchanges, lending desks, custodians, banks, trading desks, and hedge funds, to scale their digital asset operations through the Fireblocks Network and its MPC-based Wallet Infrastructure.
Serving thousands of financial institutions, Fireblocks has secured the transfer of over $4 trillion in digital assets and offers an insurance policy that covers assets in storage and transit. Many of the largest trading desks have switched to Fireblocks due to its ability to meet the needs of both Chief Information Security Officers (CISOs) and operations teams. Headquartered in New York, NY, Fireblocks employs approximately 700 individuals.
13. Trade Republic
Trade Republic is a Berlin-based fintech company dedicated to empowering millions of Europeans to build wealth through secure, easy, and commission-free access to capital markets. Founded in 2015 by Christian Hecker, Thomas Pischke, and Marco Cancellieri, Trade Republic has become Europe’s largest savings platform, serving over 340 million people in 17 countries.
The technology: The platform offers a wide range of financial products, including savings plans, fractional trading of shares, ETFs, bonds, derivatives, and cryptocurrencies. As a fully licensed bank supervised by the Bundesbank and BaFin, Trade Republic ensures high standards of regulation and customer trust.
The mission: Backed by leading global investors such as Accel, Peter Thiel’s Founders Fund, Ontario Teachers’ Pension Plan, Sequoia, TCV, Thrive Capital, Creandum, Project A, and sino AG, Trade Republic is committed to democratizing access to capital markets for all Europeans and is the preferred app for managing wealth in the region.
14. Achieve
Achieve is a leader in digital personal finance, focused on helping everyday individuals thrive. The company provides a range of innovative financial solutions, including home equity loans, personal loans, debt resolution services, and financial education.
The technology: From single parents managing bills to entrepreneurs pursuing their dreams, Achieve tailors personalized financial solutions to meet each client's specific needs and goals. By understanding what works for each individual, Achieve uses advanced data analytics and innovative technology, combined with a human touch, to ensure members are treated as individuals rather than account numbers.
The mission: With a team of over 2,500 employees across the U.S., including hubs in California, Arizona, and Texas, Achieve is committed to empowering people to take control of their financial futures and achieve their goals.
15. Navan
Navan is an all-in-one app that simplifies travel and expense management, allowing users to focus on their destination rather than logistics. By eliminating time-consuming tasks like manual expense input and lengthy flight changes, Navan transforms the travel experience for everyone involved—from executive assistants and finance teams to travel managers and employees. The app provides companies with real-time visibility, cost savings, and greater control over travel expenses, streamlining processes across departments.
The mission: Headquartered in Palo Alto, California, Navan employs 2,500 people dedicated to making travel and expense management easier and more efficient for organizations worldwide.
Milestone: In November, the company launched the Navan Account Console, offering accounting firms a centralized location to manage all of their clients and staff. It also enables firms to invite those clients to take advantage of a modern expense management solution — without needing to change their card program.
16. PayJoy
PayJoy is a mission-first financial service provider dedicated to helping underserved customers in emerging markets to achieve financial stability and success. PayJoy lends through patented technology that turns a smartphone into digital collateral, and the company’s advanced machine learning, data science, and anti-fraud Al allow it to offer the lowest cost and qualify the most customers in the industry.
Milestone: As of 2024, PayJoy has brought billions of dollars in credit to 12 million customers, doubling in the last two years while remaining strongly profitable and sustainable for the long term. In September, PayJoy announced Bharath Ramarathinam as the company’s new Chief Technology Officer. In his role, Ramarathinam will lead further technology and product expansion.
17. Klarna
Klarna, founded in Stockholm, Sweden, is a financial technology company with a global presence, operating offices in key cities such as London, New York, and Berlin. Since its inception in 2005, Klarna has been focused on accelerating commerce by placing consumer needs at the forefront of its mission.
The technology: Klarna provides various payment options designed to enhance the shopping experience, including direct payments, pay-after-delivery services, and installment plans, such as its flagship Pay In 4 program. This ensures a seamless one-click purchase experience for customers, regardless of their preferred payment method.
Partner spotlight: More than 500,000 global retailers, including well-known brands like H&M, Saks, Sephora, Macy’s, Ikea, Expedia Group, and Nike, leverage Klarna’s technology and marketing solutions to drive growth and foster customer loyalty.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 6)
The Top 100 Financial Technology Companies of 2022 (No. 8)
18. Mollie
Mollie is a financial technology company that provides a platform for businesses to manage payments and finances efficiently. Founded in 2004, Mollie aims to simplify payment processing, reconciliation, reporting, fraud prevention, and financing for businesses of all sizes, from startups to large enterprises. With a team of 750 professionals operating from offices across Europe—including Amsterdam, Ghent, Lisbon, London, Maastricht, Milan, Munich, and Paris—Mollie is dedicated to making payments and money management accessible for every business.
Milestone: Currently, more than 250,000 businesses utilize Mollie’s services to drive revenue, reduce costs, and manage their funds. Recently, Mollie has announced several developments, including an integration with HubSpot to streamline CRM payments, a partnership with JTL-Software for e-commerce payment solutions, and the launch of Mollie Invoicing—a tool for creating, editing, and sending invoices.
In November, Mollie introduced Tap to Pay on iPhone, enabling businesses to accept contactless payments via the Mollie app.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 43)
19. Zepz
Zepz is a pioneering company that powers two leading global remittance brands: WorldRemit and Sendwave. By moving international money transfers online, Zepz has disrupted the remittance industry, previously dominated by offline legacy players, making global digital payments fairer, faster, and more flexible.
The technology: Zepz enables users to send money to more than 130 countries and operates in more than 5,000 money transfer corridors worldwide. With a workforce of around 1,500 employees globally, the company prioritizes convenience and security by offering a completely digital sending experience. Recipients enjoy a variety of payout options, including bank deposits, cash collections, mobile airtime top-ups, and mobile money services.
Milestone: In October, Zepz raised $267 million in a Series F funding round to continue growing its global cross-border remittance solutions, WorldRemit and Sendwave.
20. SAP Fioneer
SAP Fioneer was launched in 2021 as a joint venture between global technology leader SAP and entrepreneurial investor Dediq to become the world’s leading provider of financial services software solutions and platforms. With a broad ecosystem of partners, more than 1,200 financial services customers and more than 1,300 employees, SAP Fioneer is a global business present in 17 countries across Europe, North and Latin America, Middle East and Asia-Pacific.
The mission: By combining the speed and agility of a start-up with the proven capabilities of a best-in-class software company, SAP Fioneer enables banks, insurance companies, and challengers to run, transform, and grow while meeting their need for speed, scalability, and cost-efficiency through digital business innovation, cloud technology, and solutions that cover banking and insurance processes end-to-end.
21. Human Interest
Human Interest is a comprehensive 401(k) and 403(b) provider dedicated to simplifying and making retirement savings accessible for small and medium-sized businesses. Established in 2015 and headquartered in San Francisco, California, the company has successfully assisted employees at over 25,000 companies in accessing vital retirement benefits, paving the way toward financial independence.
The mission: With a team of 700 employees, Human Interest is committed to providing affordable and user-friendly solutions that empower businesses and their employees to prioritize their financial futures.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 52)
22. Consensys
Consensys is a leading blockchain and web3 software company established in 2014. The company specializes in advancements within the web3 ecosystem, offering products like MetaMask, Infura, Linea, Diligence, and itsNFT platform. These tools enable users, creators, and developers to build decentralized applications (dApps), launch NFT collections, and develop portfolios.
Milestone: Recently, Consensys partnered with Smart Transaction Corp to advance smart transaction technologies. The company also acquired Wallet Guard to enhance MetaMask security and acquired SMG to improve mechanism design for web3 users, builders, and businesses.
In November, Consensys Introduced the Linea Association, a nonprofit initiative to decentralize governance of its Ethereum layer-2 network Linea.
23. Gusto
Launched in 2012 as ZenPayroll, Gusto is a modern online people platform that supports small and medium-sized businesses across the United States. Serving more than 300,000 businesses, Gusto processes tens of billions of dollars in payroll each year and offers essential employee benefits, including health insurance and 401(k) plans.
The technology: Gusto simplifies payroll, HR, and benefits management through an integrated platform that includes HR support, employee self-onboarding, and team management tools. With offices in Denver, New York City, and San Francisco, Gusto is committed to helping companies create exceptional workplaces.
Milestone: The company recently introduced Gus, an artificial intelligence-powered assistant, to enhance its human resources (HR), payroll, benefits, and compliance platform and products it offers for small business owners.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 16)
The Top 100 Financial Technology Companies of 2022 (No. 22)
24. Branch
With offices in San Francisco, Lagos, Nairobi, Mumbai and Bangalore, Branch is a for-profit socially conscious company that uses the power of data science to reduce the cost of delivering financial services in emerging markets. Driven by the belief that everyone, everywhere deserves fair financial access, Branch aims to deliver world-class financial services to the mobile generation. The rapid spread of smartphones presents an opportunity for the world's emerging middle class to access banking options and achieve financial flexibility.
The mission: Branch's mission-driven team is led by founder and former CEO of Kiva.org. The company presents a rich opportunity for our team members to drive meaningful growth in rapidly evolving and changing markets. Most recently, Branch announced its Series C and has garnered more than $100 million in funding from leading Silicon Valley firms.
25. Atom Bank
Atom Bank, launched in April 2016, is the UK's first app-based bank, on a mission to revolutionize borrowing and saving by making it faster, simpler, and more affordable. Based in Durham, England, Atom offers mortgages, savings, and secured business lending specifically for small and medium-sized enterprises.
The technology: With a team of over 470 employees, Atom provides an exceptional app-based experience and high-quality customer support through various channels, including phone, chat, email, and social media.
The good: Atom is committed to the North East England community, addressing local issues such as youth unemployment and the digital skills gap. In 2022, the bank signed a five-year agreement with Durham University to advance research and diversity initiatives, focusing on supporting underrepresented groups in the industry.
In a progressive move for employee welfare, Atom introduced a four-day working week for all employees in November 2021, becoming the largest and only bank in Britain to implement this policy with no salary reduction.
Past Rankings from The Financial Technology Report:
The Top 25 Banking Technology Companies of 2024 (No. 20)
The Top 100 Financial Technology Companies of 2021 (No. 30)
26. MX Technologies
Since 2010, MX has remained committed to its mission: Empowering the world to be financially strong. MX Technologies, Inc., delivers end-to-end solutions to financial services providers that transform data into value for organizations and consumers at every step—from connecting accounts to data enhancement to customer analytics to creating engaging mobile and digital experiences. MX improves business and consumer outcomes by helping businesses to reliably verify data, add context to financial data, surface insights that drive growth, and deliver personalized money experiences to improve customer engagement and retention.
Milestone: On March 26, 2024, Dwolla selected MX to power account verifications and aggregation for modern money management.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 45)
The Top 100 Financial Technology Companies of 2022 (No. 43)
The Top 100 Financial Technology Companies of 2021 (No. 62)
27. Clear Street
Clear Street is redefining the brokerage ecosystem with a modern, cloud-native platform built to replace outdated capital markets infrastructure. Founded in 2018 and based in New York, Clear Street focuses on improving market efficiency and reducing risk, redundancy, and costs for clients. Its goal is to create a unified platform that supports every asset class, in every country, and in any currency.
Milestone: With a team of 500, Clear Street’s innovative approach recently attracted a third tranche of Series B funding from Prysm Capital in December 2023, raising its Series B total to $685 million and boosting its valuation to $2.1 billion.
In September, the company announced that Edward Tilly would become CEO after Chris Pento stepped down from the position.
28. Kiavi
With more than $22 billion in funded loans, Kiavi is one of the nation's largest private lenders to residential real estate investors ("REIs"). Kiavi harnesses the power of data and technology to offer REIs a simpler, more reliable, and faster way to access the capital they need to scale their businesses.
The mission: Formerly known as LendingHome, Kiavi is committed to helping its customers revitalize the approximately $25 trillion of aged U.S. housing stock to provide move-in ready homes and rental housing for millions of Americans across the country.
Milestone: In October, the company announced that Tim Lawlor was promoted to Chief Financial Officer and Jonathan Muller was promoted to Senior Vice President, Product and Technology.
29. Sunbit
Sunbit is a financial technology company dedicated to simplifying everyday purchases through innovative payment solutions. Established in 2016, Sunbit has rapidly grown to employ approximately 500 individuals and has raised $210 million in funding. The company's mission is to alleviate the stress associated with managing life’s expenses by providing consumers with flexible and transparent payment options.
The technology: Sunbit's technology is accessible both in-store and online, currently available at more than 25,000 locations, which includes 40% of auto dealership service centers, numerous dental practices, retailers, and specialty healthcare services. The company offers a next-generation, no-fee credit card, easily managed through a robust mobile app, as well as point-of-sale lending options. Notably, Sunbit's platform has a high approval rate, enabling the majority of applicants to receive financing, thereby empowering consumers with more choices regarding how and when to pay for their everyday expenses.
Milestone: Sunbit recently received a $335 million debt warehouse facility to grow its Buy Now, Pay Later business.
30. Lendbuzz
Lendbuzz is a financial technology company leveraging artificial intelligence to transform auto financing. Established in 2015 and headquartered in Boston, Massachusetts, Lendbuzz aims to improve access to credit for consumers, especially those with limited or no credit history—a group often overlooked by traditional financial institutions. Using alternative data and advanced machine learning algorithms, Lendbuzz can assess the creditworthiness of a broader range of consumers, empowering them to secure fair financing when purchasing a vehicle.
The mission: By partnering with auto dealerships, Lendbuzz provides attractive consumer loans and competitive floorplanning options, enabling dealerships to expand their reach to a more diverse clientele. These partnerships not only help dealerships grow their businesses but also enhance credit opportunities for nearly 100 million underserved consumers.
Milestone: In August, the company secured a $400 million forward flow agreement with Viola credit to expand its auto finance reach.
31. Mambu
Mambu is a software company founded in Berlin and headquartered in Amsterdam, providing infrastructure for banks and financial service providers through a software as a service (SaaS) model. In December 2021, Mambu reached a valuation of $5.3 billion, making it one of Germany's notable unicorns.
The mission: Mambu enables customers to create banking and lending solutions for users worldwide, including entrepreneurs in New York City, farmers in Kenya, and small to medium-sized enterprises in Brazil. Its clients include fintech start-ups, telecommunications companies, and leading banks. With operations on six continents, Mambu helps financial institutions innovate and adapt to market demands, serving over 200 customers and impacting more than 114 million end users globally.
Partner spotlight: Initially a platform for microloans, Mambu now supports neobanks like Solarisbank and N26, along with established institutions such as Banco Santander and Check24. Most of its revenue comes from outside Germany, and by early 2021, the company had nearly 170 business customers across 50 countries.
Past Rankings from The Financial Technology Report:
The Top 25 Banking Technology Companies of 2024 (No. 14)
The Top 100 Financial Technology Companies of 2023 (No. 41)
The Top 100 Financial Technology Companies of 2022 (No. 44)
32. HighRadius
HighRadius provides cloud-based autonomous software for the Office of the CFO. The company serves more than 1,000 leading organizations, including 3M, Unilever, Anheuser-Busch InBev, Sanofi, Engie GBS Solutions, Kellogg Company, Danone, and Hershey's, transforming finance and accounting processes. Its software integrates technologies including artificial intelligence (AI), robotic process automation (RPA), and natural language processing (NLP) to adapt to changes in transactional data.
The technology: Finance professionals have traditionally faced a choice between upgrading outdated paper systems or developing complex in-house RPA/AI tools. HighRadius addresses this issue with its autonomous platform, combining both options. This allows businesses to achieve key financial metrics quickly, including reduced days sales outstanding, optimized capital, lower bad debt, faster month-end closes, and improved productivity, often within six months. HighRadius’ AI-driven solutions transform processes like Order to Cash, Treasury, Record to Report, B2B Payments, and Accounts Payable. The company’s data-driven software adjusts to changing transactional landscapes, enabling finance teams to go beyond basic digitization.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2022 (No. 12)
The Top 100 Financial Technology Companies of 2021 (No. 81)
33. Bilt Rewards
Bilt Rewards is a loyalty program designed for renters, allowing them to earn rewards on their rent payments while enjoying benefits in their local neighborhoods. Launched in June 2021, Bilt Rewards has established itself as a valuable rewards program, enabling members to build a pathway toward homeownership.
The technology: Through the Bilt Rewards Alliance, which includes a network of more than 4.5 million rental units, Bilt members can accumulate points by paying their rent. The program offers benefits including one-to-one point transfers for travel with more than 100 major airlines and hotel partners, access to fitness classes at boutique studios, and collections of art and home decor through the Bilt Home Collection. Members can also use their points for rent credits or to save for a future down payment on a home.
Milestone: In August 2024, the company announced $150 million in funding for its Resident Loyalty Program.
34. LendingClub
Since its inception in 2006, LendingClub has revolutionized the banking landscape by transitioning traditional credit products, including installment loans, into the online space. The company became one of the first fintechs to obtain a national bank charter, a milestone that has transformed its business economics and introduced new capabilities that have since inspired others in the industry.
The mission: As one of America’s largest providers of unsecured personal loans, LendingClub has originated over $90 billion in loans for more than 4.9 million high-FICO, high-income members, significantly aiding them in reducing their cost of credit.
Milestone: In October, the company, along with Pagaya Technologies (No. 35, below) acquired the intellectual property behind Tally Technologies, which allows users to link credit cards, automate card payments, and adopt strategies to lower interest costs and avoid late fees.
Past Rankings from The Financial Technology Report:
The Top 25 Lending Technology Companies of 2024 (No. 5)
35. Pagaya Technologies
Pagaya is a technology company focused on transforming the financial services ecosystem by making essential financial products and services accessible to more people. Headquartered in New York, Pagaya employs approximately 500 individuals and uses machine learning, a comprehensive data network, and an AI-driven approach to deliver consumer credit and other financial solutions. Through its proprietary API and capital solutions, Pagaya integrates with its network of partners, enhancing user experiences and increasing access to the mainstream economy.
Milestone: Recently, Pagaya completed the acquisition of Theorem Technology, Inc., gaining access to over $3 billion in fund capital to meet strong investor demand. Additionally, Pagaya partnered with LendingClub to acquire the assets of Tally Technologies, enabling LendingClub to utilize Tally's credit management solutions to benefit its 5 million members.
In October, the company, along with Lending Club (No. 34, above) acquired the intellectual property behind Tally Technologies, which allows users to link credit cards, automate card payments, and adopt strategies to lower interest costs and avoid late fees.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 55)
36. Papaya Global
Papaya Global, co-founded by Eynat Guez in 2016, is a leading workforce payments platform designed for the global economy. Its Workforce OS enables organizations to hire worldwide and make local payments on time, ensuring full compliance and liability coverage. By supporting various employment models and using artificial intelligence to automate payroll and payment processes, Papaya seamlessly connects HR and finance tech stacks. This transformation turns workforce payments from a major expense into a strategic asset.
Partner spotlight: With a presence in over 160 countries, Papaya serves clients such as E-Toro, SentinelOne, SodaStream, and Contentsquare. Recently, it launched an Innovative Payroll and Payments Academy to educate and expand the global payroll community.
Milestone: The company recently announced the launch of an online video “academy” for people and organizations wishing to be more strategic about payroll management.
37. Scalable Capital
Scalable Capital is a leading digital investment platform in Europe that makes investing easy and affordable for everyone. Clients of the Scalable Broker can trade 8,000 stocks, 2,500 ETFs, and 3,500 funds and other exchange traded products to build their portfolios, earn interest on their cash balance, and take secured loans. The PRIME subscription enables unlimited trading on all orders over 250 euro. Clients in PRIME+ receive up to 4% p.a. on uninvested cash up to one million euro. People can also have their investments professionally managed via the digital wealth management service.
Partner spotlight: Scalable Capital was founded in 2014 and is active in Germany, Austria, France, Italy, the Netherlands, Spain, and the UK. The investment firm, which is supervised by BaFin and the Bundesbank, has more than 20 billion euro on its platform. In addition to its business for private clients, the company operates B2B solutions. Its long-standing partners include ING, Barclays Bank in the UK, the robo-advisor Oskar, and the Santander Group in Spain. Scalable Capital employs more than 500 people at its offices in Munich, Berlin, Vienna, and London. Together with the founding and management team around Erik Podzuweit and Florian Prucker, Scalable strives to empower everyone to become an investor.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2021 (No. 92)
38. Ethos Life
Ethos is a technology company focused on making life insurance easy and accessible for families. By utilizing advanced proprietary technology, Ethos removes traditional barriers, enabling individuals to obtain coverage online in just minutes without the need for medical exams. Each month, the company issues billions in coverage, providing families with essential peace of mind.
Partner spotlight: With offices in Austin, San Francisco, and Singapore, Ethos combines technology, industry expertise, and a human touch to deliver a simplified life insurance experience. The company has raised over $400 million from top investors, including Sequoia, Accel, Google Ventures, Goldman Sachs, and Softbank, establishing itself as one of the largest life insurance issuers in the United States.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 67)
The Top 100 Financial Technology Companies of 2022 (No. 67)
39. Signifyd
Signifyd provides an end-to-end Commerce Protection Platform that leverages its Commerce Network to maximize conversion, automate customer experience, and eliminate fraud and consumer abuse risk for retailers.
Partner spotlight: Signifyd customers include a number of companies on the Fortune 1000 and Digital Commerce 360 Top 1000 lists. The company is headquartered in San Jose, California with locations in Denver, New York, Mexico City, São Paulo, Belfast, and London.
Past Rankings from The Financial Technology Report:
The Top 25 Governance, Risk and Compliance Companies of 2024 (No. 9)
40. Array
Array fuels financial progress for many of the world's leading fintechs, financial institutions, and digital brands with a suite of private-label fintech solutions that can be easily embedded. Array drives engagement and revenue for clients by helping them stand out in a crowded market and forge deeper relationships with their customers.
The mission: More than a suite of products, the company is building a platform to help consumers own their financial future. Array was founded in 2020 by Martin Toha and its investors include Battery Ventures, General Catalyst, and Nyca Partners.
41. Betterment
Betterment is the largest independent digital financial advisor, focused on improving people's lives through automated technology and human expertise. Founded in 2010, the company helps more than 900,000 customers manage more than $50 billion in assets with straightforward saving, investing, and retirement solutions. Betterment offers low-cost investing portfolios, personalized guidance, and tax-efficient tools designed to optimize finances for individuals at any experience level.
The technology: The Betterment app simplifies money management, providing users with goal-setting and planning tools at no extra cost. For a single transparent fee, users can automate deposits and trading, allowing their money to grow through interest and investment gains while also earning rewards on everyday spending.
Milestone: Recently, Betterment acquired digital investing accounts from Goldman Sachs and enhanced its partnership with XYPN for Betterment for Advisors. Additionally, Betterment at Work has launched a small business student loan 401(k) matching solution.
42. Acorns
Acorns is a leading company in consumer finance, helping everyday individuals save and invest for the long term. With more than six million subscribers across five countries, Acorns offers three key products: the Acorns app for saving and investing, GoHenry for money management and financial education for kids in the U.S. and UK, and Pixpay, a popular money management solution for teens in Europe.
The technology: The Acorns app enables users to automate their investments in diversified portfolios, access an easy-to-use retirement product, and manage a bank account that supports saving and investing. Users can also earn bonus investments from more than 15,000 brands. Additionally, parents can invest in their children’s futures and utilize financial education tools that foster growth at every life stage.
The mission: Acorns operates under the belief that small beginnings lead to significant outcomes.
43. Guideline
Guideline is a retirement platform headquartered in Burlingame, California, that simplifies retirement planning for more than 50,000 businesses and self-employed individuals, collectively managing assets worth more than $15 billion. Founded in 2016 by Kevin Busque, Jeremy Caballero, and Mike Nelson, Guideline has raised $344 million in venture capital from prominent investors like General Atlantic, Generation Investment Management, Greyhound Capital, Felicis Ventures, and Propel Ventures.
The mission: Guideline’s mission is to make retirement planning accessible, affordable, and transparent. By offering low-cost, highly automated plans, the platform enables businesses to provide a valuable retirement benefit while empowering individuals to invest in their futures with confidence. Today, Guideline has grown to employ 400 professionals, all dedicated to eliminating the complexity and uncertainty often associated with retirement planning.
Milestone: In January, the company launched Guideline Pro, a free platform for accountants, financial advisors, and benefits professionals to help grow their retirement business.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2021 (No. 96)
44. FalconX
FalconX is a leading digital assets prime brokerage for the world’s top institutions. The company provides comprehensive access to global digital asset liquidity and a full range of trading services. FalconX’s 24/7 dedicated team for account, operational and trading needs enables investors to navigate markets around the clock. FalconX Bravo, Inc., a FalconX affiliate, was the first CFTC-registered swap dealer focused on cryptocurrency derivatives.
Partner spotlight: The company is backed by investors including Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thoma Bravo, Tiger Global Management and Wellington Management. FalconX has offices in Silicon Valley, New York, London, Hong Kong, Bengaluru, Singapore, and Valletta.
Milestone: In October, FalconX announced a partnership with Xapo Bank, a regulated bank and Bitcoin custodian based in Gibraltar. Through this partnership, FalconX will serve as Xapo Bank’s primary Bitcoin liquidity provider, giving them access to institutional-grade liquidity and advanced trading infrastructure.
45. TrueLayer
TrueLayer is Europe’s leading open banking payments network, based in London and employing 325 people. Since its founding in 2016, the company has transformed online payments by combining real-time bank transfers with financial and identity data. This innovation enables businesses of all sizes to quickly onboard users, accept payments, and make payouts.
Partner spotlight: TrueLayer offers global financial connectivity through its open APIs, allowing engineers and enterprises in various industries to create smarter financial services. The company is connected to major banks worldwide and backed by notable investors, including Addition, Tencent, Temasek, Northzone, Anthemis Group, Mouro Capital, and Connect Ventures. Trusted by top fintech companies like Revolut, Trading 212, and Payoneer, TrueLayer is recognized for its reliability and innovative solutions in the financial technology sector.
Milestone: The company recently raised $50 million in an extension of its $130 million Series E funding round.
46. Order.co
Order.co is transforming the procurement process with its customizable platform that automates purchase order management, sourcing, approvals, and payments. The company enables organizations to improve budgeting, forecasting, and reporting through real-time spend insights categorized by user, location, cost center, and more.
Partner spotlight: Founded in 2016 and headquartered in New York City, Order.co has empowered businesses such as WeWork, solidcore, Hugo Boss, Verano, and Physical Rehabilitation Network by leveraging its AI-powered sourcing technology. With $4 billion in purchasing power, clients save an average of 5-8% on products while enhancing their operations and avoiding supply chain disruptions. Order.co’s platform integrates with various ERP and accounting systems, including Quickbooks Online, Sage Intacct, and Netsuite, streamlining the purchase-to-pay process.
Milestone: The company has raised $50 million in funding from investors such as MIT, Stage 2 Capital, Rally Ventures, and 645 Ventures.
47. Corcentric
Corcentric is a global leader in procurement, payments, accounts payable, and accounts receivable solutions, serving enterprise and middle-market companies. Headquartered in Cherry Hill, New Jersey, Corcentric has a team of 600 professionals dedicated to transforming financial processes. The company combines advanced software, payment solutions, and expert advisory services to help clients reduce costs, optimize working capital, and unlock new revenue opportunities.
The mission: With a unique focus on forming strategic partnerships, Corcentric works closely with procurement and finance leaders to identify challenges and deliver tailored solutions that drive savings and efficiency.
48. Ripple
Ripple is a leading company in the blockchain and cryptocurrency space, founded in 2012 with the goal of enabling seamless value transfer—an Internet of Value. With more than a decade of experience, Ripple provides enterprise-grade solutions that are faster, more transparent, and more cost-effective than traditional financial services.
The company serves more than 300 customers in more than 40 countries across six continents, empowering them to source crypto, facilitate instant payments, enhance treasury functions, attract new audiences, lower capital requirements, and generate new revenue streams.
Partner spotlight: Recent collaborations include partnerships with Garanti BBVA and IBM to boost the performance and security of digital platforms, and with Mercado Bitcoin to transform crypto-enabled cross-border payments in Brazil. These efforts highlight Ripple's commitment to innovation and leadership in financial technology. Headquartered in San Francisco, California, Ripple employs around 1,300 professionals dedicated to revolutionizing finance through advanced blockchain solutions.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 37)
The Top 100 Financial Technology Companies of 2022 (No. 50)
49. Neo Financial
Neo Financial is a technology company dedicated to transforming the financial experience through innovative solutions for spending, saving, investing, and mortgages. Founded in 2019 by the co-founders of SkipTheDishes, Neo has raised more than $299 million in funding. Headquartered in Calgary and Winnipeg, the company is backed by prominent investors from across North America.
The technology: Neo partners with leading financial institutions to provide its members with secure options: Neo Credit for spending, Neo Money™ for saving, Neo Invest™ for investments, and Neo Mortgage for mortgage solutions. Additionally, Neo for Business delivers financial solutions for major brands, including Tim Hortons, Cathay, and Hudson’s Bay, serving more than 11,000 partners nationwide.
Milestone: Recently, Neo Financial has launched a suite of advanced financial solutions in partnership with CI Financial. The company has also teamed up with JA Canada to create a digital financial literacy library, empowering young Canadians to take control of their financial futures.
50. Cover Genius
Cover Genius is a leading global insurtech specializing in embedded protection through its innovative platform, XCover. This global distribution system enables some of the world’s largest digital companies to provide seamless, end-to-end experiences for customers. With licenses or authorizations in more than 60 countries and all 50 U.S. states, Cover Genius empowers its partners to embed and sell a variety of insurance products and other forms of protection.
Milestone: The company has achieved industry-leading post-claims Net Promoter Scores (NPS) and Trustpilot ratings, reflecting its commitment to customer satisfaction, which is exemplified by its support for more than 30 million satisfied customers worldwide.
51. Vestwell
Vestwell is a fintech company that provides savings products for businesses and individuals across the country. Founded in 2016, it has quickly established itself as a leader in the industry, attracting investments from major financial institutions like Goldman Sachs and Morgan Stanley.
The technology: Vestwell offers a technology platform that combines various savings solutions with an easy-to-use interface, making it accessible for advisors, employers, states, administrators, and savers. By partnering with payroll providers and financial institutions, Vestwell simplifies the savings process.
The mission: The company’s platform meets current needs while allowing for future growth. It has expanded beyond traditional 401(k) plans to include savings programs focused on retirement, education, and healthcare. Vestwell serves over 50,000 businesses and more than a million savers, managing approximately $30 billion in assets nationwide. Headquartered in New York, Vestwell employs around 400 people.
52. Bestow
Bestow is transforming the life insurance industry by building a strong infrastructure designed to modernize the sector. As a SaaS partner for leading insurance companies, Bestow utilizes technology solutions to simplify the process of purchasing life insurance, making it faster, more convenient, and more affordable for consumers.
The technology: For life insurance carriers, Bestow provides a comprehensive end-to-end technology platform that mitigates the risks associated with innovation, accelerates modernization efforts, and enhances profitability. By partnering with top life insurance providers, Bestow deploys technology and data solutions that reduce costs, maximize efficiency, and drive growth. Their streamlined processes cover every stage, from origination and underwriting to administration.
The mission: At the heart of Bestow's mission is a commitment to increasing financial stability for individuals. The company strives to create products and experiences that meet the needs of future generations, ensuring that life insurance remains accessible and relevant in an evolving market.
Past Rankings from The Financial Technology Report:
The Top 25 InsurTech Companies of 2024 (No. 12)
53. Snapdocs
Snapdocs is a leading digital closing provider in the mortgage industry, handling millions of closings each year. By combining an open platform, patented AI technology, and the largest settlement network with a team of industry experts, Snapdocs drives digital closing success. This innovative approach allows lenders and title companies to automate the closing process, giving them a competitive edge. With Snapdocs, organizations can close more loans at lower costs while delivering the modern, referral-worthy digital experience that borrowers expect.
The technology: Snapdocs simplifies the often complex and overwhelming process of closing a mortgage by providing lenders and title companies with the tools they need to enhance the borrower experience and improve business outcomes. The platform automates every interaction from pre-closing to loan sale, ensuring accurate, efficient, and secure closings for all participants.
The mission: Based in San Francisco, California, Snapdocs has a dedicated team of 300 professionals focused on transforming the mortgage closing landscape.
54. Finix
Finix is a full-stack payment processor enabling businesses to accept and send payments online and in-store. From startups to multinationals and publicly traded companies, Finix offers everything needed to deliver a world-class payments experience across the U.S. and Canada. Leading software platforms, marketplaces, retail, and e-commerce businesses use Finix's universal payments API and dashboard to accept payments, automate workflows, enhance customer experiences, and quickly grow revenue.
Milestone: Recently, Finix secured $75 million in Series C funding, led by Acrew Capital and co-led by Leap Global and Lightspeed Venture Partners, with participation from new investors Citi Ventures, Tribeca Venture Partners, and more. Existing investors, including Homebrew, Insight Partners, Inspired Capital, Cap Table Coalition, and others, also participated.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 77)
The Top 100 Financial Technology Companies of 2022 (No. 74)
55. Rho
Rho is an all-in-one financial platform based in New York, designed to streamline and elevate financial operations for organizations of all sizes. Combining corporate cards, expense management, accounts payable, banking, and treasury functions within a single, integrated platform, Rho equips finance teams with essential tools to efficiently manage cash flow and reduce manual, time-intensive processes.
The mission: With Rho, lean finance teams, from startup founders to seasoned CFOs, can shift their focus from operational tasks to strategic initiatives that drive business growth. The platform is built to offer comprehensive support, featuring a quick application process, around-the-clock customer service, and enterprise-grade spend management—all without monthly, wire, or ACH fees. Rho is committed to empowering organizations, allowing leaders to direct their time toward impactful activities rather than routine financial administration.
56. BILL.com
BILL is a leading financial operations platform focused on empowering small and midsize businesses (SMBs). By automating the future of finance, BILL enables businesses to thrive with greater efficiency in managing payables, receivables, and expenses. Hundreds of thousands of businesses rely on BILL’s proprietary member network, which connects millions, to facilitate faster payments and transactions.
Partner spotlight: Based in San Jose, California, BILL is a trusted partner of major U.S. financial institutions, accounting firms, and accounting software providers. Recently, BILL partnered with Xero to enhance its services, offering industry-leading bill pay capabilities specifically designed for small businesses. This partnership highlights BILL’s commitment to providing innovative solutions that directly address the needs of its SMB clients.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2022 (No. 29)
57. ThetaRay
ThetaRay specializes in Anti-Money Laundering (AML) financial crime detection for banks and fintechs worldwide. Its AI-driven solutions use a risk-based approach to identify normal behavior, anomalies, and connected patterns, improving operational efficiency for compliance teams and reducing investigation times and costs.
The technology: ThetaRay's clients gain enhanced detection capabilities, a comprehensive view of customer risk, and extensive watchlist coverage, which gives them an edge in the changing regulatory and digital banking landscape. The company's AI technology supports trust in cross-border and domestic transactions, enabling clients to enter high-risk regions confidently. The product suite includes solutions for Transaction Monitoring, Customer Screening, Transaction Screening, and dynamic Customer Risk Assessment. These tools address complex risks, such as drug and human trafficking, money mules, and terrorism financing. ThetaRay's scalable solutions also help financial institutions adjust to evolving regulations, sanctions lists, and customer behaviors.
Milestone: Recently, ThetaRay acquired the European screening company Screena, reinforcing its commitment to proprietary technology and its mission to help banks, fintechs, and regulators detect financial crime with AI solutions.
58. Tide
Tide, founded in 2015 and launched in 2017, is a leading business financial platform in the UK for small and medium-sized enterprises (SMEs). The company offers business accounts, banking solutions, and administrative tools including invoicing and accounting. Tide currently serves more than 650,000 members in the UK, holding about 11 percent of the market share, and has expanded to India with an additional 350,000 members.
Partner spotlight: Tide enhances the small business experience through partnerships with Adyen to improve payment solutions and Connect Earth to help SMEs achieve Net Zero. The company plans to launch business accounts in Germany and aims to extend its global reach. Supported by investors such as Anthemis, Apax Partners, and Creandum, Tide's goal is to become the leading business financial platform worldwide, enabling SMEs to save time and money with effective, data-driven solutions.
Past Rankings from The Financial Technology Report:
The Top 25 Banking Technology Companies of 2024 (No. 10)
The Top 100 Financial Technology Companies of 2021 (No. 100)
59. Self Financial
Self Financial is a credit-building platform founded in 2015 by James Garvey, who started the company after experiencing the impact of a credit card mistake on his own credit score. Recognizing the challenges faced by millions of Americans with low or no credit, Self aims to improve economic inclusion and financial resilience through its accessible products.
The technology: Self’s core offerings include the Credit Builder Account and the secured Self Visa Credit Card, both designed to help users build credit while saving money. The company also provides free rent reporting to major credit bureaus and utility payment reporting to TransUnion. With a team of 700 employees, Self Financial is proud to be the Official Credit Building App of the San Antonio Spurs.
60. Ocrolus
Ocrolus is a leading document AI platform headquartered in New York that enables financial institutions to make faster, more accurate decisions. The platform boasts an accuracy rate of over 99% in analyzing a wide range of documents, supporting more than one thousand types, including bank statements, pay stubs, and tax forms.
Partner spotlight: Serving more than 500 clients—including CrossCountry Mortgage, Better Mortgage, Deephaven Mortgage, PennyMac Financial Services, and American Financial Network—Ocrolus helps these companies streamline operations, detect fraud, and analyze cash flows and income.
Milestone: Recently, Ocrolus announced a strategic partnership with Dragin Technologies to enhance application process automation for small business financing. Additionally, the company has teamed up with Envestnet | Yodlee, integrating its technology into its data aggregation and analytics platform. With a workforce of 700 employees, Ocrolus is at the forefront of AI-driven financial document automation.
61. Pennylane
Pennylane is transforming financial management for European SMEs with its innovative financial operating system. Its platform centralizes financial and accounting data, streamlining operations for both entrepreneurs and accountants. Entrepreneurs can manage invoicing, payments, supplier interactions, and cash flow monitoring, while accountants use the system for efficient bookkeeping and tax filings.
The technology: By saving time for users, Pennylane enables better decision-making and allows third-party providers to offer personalized financial services. Initially launched in France, the company plans to expand into other Continental European markets in 2024.
63. Billd
Billd is transforming financial support for subcontractors in construction, targeting the cash flow challenges that limit their growth. Founded in 2018 by industry veterans in construction and finance, Billd provides working capital solutions tailored to the unique demands of construction. By covering critical expenses like materials and labor with flexible financing, Billd helps subcontractors stabilize cash flow and drive growth.
The technology: Through its patented analytic and financing approach, Billd aligns financing terms with construction payment cycles—addressing a long-standing gap in the industry. Subcontractors traditionally face delays in payments but need to cover costs upfront, creating significant cash flow strains. Billd’s flagship product, offering 120-day terms on material purchases, enables subcontractors to take on larger projects, complete them faster, and expand their business.
The mission: With headquarters in Austin, Texas, Billd is accelerating its growth and expanding its product suite to further support subcontractors. Its latest funding round strengthens Billd’s commitment to financial innovation, making it the go-to partner for subcontractors looking to overcome financial barriers and succeed in the construction industry.
63. ComplyAdvantage
ComplyAdvantage is a leader in AI-powered financial crime risk data and fraud detection technology, dedicated to helping the financial industry combat money laundering, terrorist financing, corruption, and other financial crimes. Trusted by more than 1,300 enterprises in 80 countries, ComplyAdvantage’s unique global, real-time database provides comprehensive insights into the risks associated with people and companies worldwide. Through advanced AI, the company identifies thousands of risk events daily by analyzing millions of data points, allowing organizations to make informed decisions that bolster their compliance efforts.
Partner spotlight: Headquartered across five global hubs—New York, Lisbon, London, Singapore, and Cluj-Napoca—ComplyAdvantage is supported by notable investors, including Andreessen Horowitz, Goldman Sachs, Ontario Teachers’ Pension Plan, Index Ventures, and Balderton Capital. Its data-driven platform is consistently updated with information on high-risk individuals, entities, and activities, ensuring that clients receive the latest intelligence for effective risk management. Additionally, ComplyAdvantage’s compliance experts provide guidance on best practices, helping clients stay ahead of evolving regulatory demands.
64. Tribe Payments
Founded in 2018 as an issuer and acquirer processor, Tribe has grown into a digital payments and infrastructure orchestrator that empowers merchants, banks, fintechs, issuers and acquirers with an extensive ecosystem of products, so they can build, customize, and deliver innovative programs at speed, without compromising quality.
Milestone: Tribe is Europe’s only issuer processor working with Mastercard, Visa, American Express, UnionPay International, and Discover—plus acquirer processing for JCB—offering unrivaled global connectivity through just one integration. It is one of the few providers thatcan easily help fintechs become both an issuer and acquirer through its proprietary API-led technology, with other innovative solutions in its armory including POS/SoftPOS, Digital Wallet and Risk Monitor.
The mission: Tribe’s mission is to deliver payment technology that no longer compromises between scale and speed via its modular, scalable and secure (PCI Level 1 compliant) cloud-based platform.
65. Spendesk
Spendesk is a leading spend management platform that empowers businesses to streamline and optimize their financial operations. By connecting company spend through a single, cohesive solution, Spendesk saves time and resources while enhancing financial transparency. The platform integrates everyday technologies, automation, and a seamless approval process, enabling employees to spend agilely and efficiently while providing finance leaders with comprehensive visibility over organizational spending.
Partner spotlight: With a presence in Paris, London, Berlin, and Madrid, Spendesk serves thousands of businesses—from innovative start-ups to established global brands—across France, the UK, Germany, and Spain. The platform is trusted by over 200,000 users and is supported by a dedicated team of 600 employees based across Europe. Spendesk’s commitment to community is exemplified through CFO Connect, the fastest-growing finance community in Europe, which unites over 12,000 finance professionals.
Milestone: Axel Demazy, former COO of Jellysmack, was announced as the company’s new CEO in October.
66. TransferMate
TransferMate was founded in 2010 by Terry Clune to address the need for a straightforward and cost-effective solution for international money transfers. Based in Kilkenny, Ireland, the company quickly gained traction under CEO Sinead Fitzmaurice, who led efforts to secure regulatory licenses worldwide, establishing TransferMate as a global payments provider.
Milestone: In 2022, TransferMate reached unicorn status, solidifying its role as a top B2B payments technology firm. With a global network covering more than 200 countries and territories and supporting more than 140 currencies through 92 licenses, TransferMate enables businesses to send and receive cross-border payments faster and more efficiently than ever before.
The technology: The company collaborates with leading banks, fintechs, and software providers to enhance user experiences. By leveraging TransferMate’s technology and banking infrastructure, businesses benefit from better exchange rates, increased transparency, and streamlined reconciliation through direct integration with their accounting and ERP systems.
67. Basys
Since its founding in 2002 by Brad Oddo, Basys has established itself as a trusted leader in the payment processing industry, offering innovative solutions to simplify transactions for businesses of all sizes. Known for its personalized, human-centric support model and customized offerings, Basys continues to set the standard for seamless, secure payments and unparalleled customer service.
The mission: The company’s commitment to transparency and excellence has earned them numerous accolades, positioning them as a top fintech provider. With a customer-first mindset and a focus on fostering long-term partnerships, Basys continues to drive success for its clients in an ever-evolving financial landscape.
68. FintechOS
FintechOS is an end-to-end financial product management platform. With FintechOS, banks, insurers, and other financial institutions can extend their core business systems, often inflexible in the face of agility and versatility requirements, with flexible capabilities to address the entire product lifecycle and provide employees with productive tools for defining, distributing, subscribing, servicing, and analyzing the performance of financial products.
Partner spotlight: Over 50 clients worldwide—including Groupe Société Générale, Admiral Insurance Group, and Howden Group—use FintechOS to modernize core infrastructure, expand into new markets, or address new business models such as embedded finance, avoiding lengthy implementations or risky migrations of core systems.
69. Expensify
Expensify is a global software company that offers a comprehensive expense management system designed for both personal and business use. Serving more than 15 million users worldwide, Expensify provides an all-in-one platform for tracking expenses, reimbursing employees, managing corporate cards, sending invoices, paying bills, and booking travel. The company also offers the Expensify Card, a business credit card aimed at streamlining corporate spending.
The technology: With mobile and web applications available on both Apple and Android platforms, Expensify leverages artificial intelligence to simplify expense reporting. Users can capture receipts by photographing them, after which the system automatically identifies key details including the merchant, date, and transaction amount, categorizing the expense accordingly. Additionally, the platform enables users to generate receipts from online purchases, making it easy to submit them for reimbursement. Expensify's solutions cater to a range of users, from freelancers and small business owners to teams and large enterprises, all with the goal of enhancing productivity by automating financial tasks.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2021 (No. 56)
70. EverC
EverC is a provider in the online seller ecosystem, focused on driving growth and ensuring safety in e-commerce. Founded in 2015, the company has developed the world's first fully automated, AI-driven cross-channel risk management platform that makes the internet a secure environment for online transactions.
The technology: EverC's solution detects, identifies, and removes high-risk merchants, combats online money laundering, and eliminates counterfeit or dangerous products and services. The platform continuously monitors activity to address ongoing and evolving risks, providing protection against digital threats.
Partner spotlight: The EverC team includes experts in risk intelligence, data science, fintech, payments, and financial risk, allowing the company to address the complexities of e-commerce risk management. Recently, EverC partnered with Foregenix to enhance its secure digital transformation initiatives.
Past Rankings from The Financial Technology Report:
The Top 25 Payment Technology Companies of 2024 (No. 15)
The Top 100 Financial Technology Companies of 2023 (No. 64)
71. Mesh Payments
Mesh Payments transforms global spend management with a streamlined platform built for modern businesses. Headquartered in New York, Mesh automates and simplifies every spend category—from procurement to travel and expenses (T&E)—in one unified system. With robust tools for managing multi-entity, multi-currency operations, Mesh makes it easy for companies to control global spending, save on foreign exchange with local currency cards, and customize policies, approvals, and integrations.
The mission: Trusted by more than 1,500 companies, Mesh eliminates outdated financial systems, optimizing accounting and finance workflows while providing full visibility and control for finance leaders, travel managers, and teams worldwide.
Milestone: In July, the company named Jennifer Ceran, former CFO of Smartsheet, VP of Treasury for Box, and VP of Finance at eBay/PayPal, to its board of directors.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 76)
The Top 100 Financial Technology Companies of 2022 (No. 69)
72. FundGuard
FundGuard is a leading cloud-native, AI-powered investment accounting SaaS platform designed for asset management and administration. It enables asset managers and service providers to manage a range of investment products, including mutual funds, ETFs, hedge funds, insurance products, and pension funds, with enhanced capabilities in digital transformation, operational automation, AI-driven insights, resilience, and cloud migration.
Partner spotlight: With the support of strategic partners including Citi and State Street, along with investment from firms like Blumberg Capital, Key1 Capital, LionBird Ventures, and Team8, FundGuard is well-positioned to drive innovation in the industry.
The mission: FundGuard's platform is a modern solution for transforming legacy investment operations, offering a multi-asset class, AI-powered utility that serves asset managers, asset owners, custodian banks, and fund administrators. Led by a team of seasoned technology innovators and industry experts, FundGuard is on a mission to help investors worldwide grow and manage their assets with security and efficiency.
73. Tuum
Founded in 2019, Tuum is at the forefront of core banking transformation, empowering financial institutions—including banks, fintechs, and electronic money institutions (EMIs)—to break free from legacy system constraints and fully embrace the digital economy. Tuum's next-generation banking platform offers more than just core banking; it provides modules for accounts, lending, payments, cards, and Islamic banking, all with rich, out-of-the-box functionality that enables rapid deployment.
The technology: Tuum's flexibility stands out with its highly configurable platform that allows institutions to fine-tune their operations using its Business Builder capability. This no-code, fine-grained configuration tool lets clients adapt their models without the need for costly customizations, providing autonomy with a lower cost of ownership. As a result, banks can quickly launch new products, open up new business verticals, and innovate across multiple business lines from a single platform.
The mission: Focused on retail, SME, corporate, and Islamic banking, Tuum's cloud native, API-first platform and smart migration approach enables institutions to go live within an average of seven months—allowing them to scale quickly and thrive in a highly competitive market.
74. Innovative Systems
Decades before data and technology became core business assets and digital transformation a strategic priority, Innovative Systems was pioneering ways to help decision makers turn vast amounts of information into insights.
The mission: Innovative Systems’ mission is to help organizations around the world harness the power of data to drive efficiency, accuracy, and reduce risk. In short, the company helps organizations identify the hidden opportunities or risks in their data.
75. iTrustCapital
iTrustCapital, headquartered in Irvine, California, is a pioneering fintech company providing a secure and scalable platform for buying and selling cryptocurrencies and precious metals within Individual Retirement Accounts (IRAs). Founded in 2018 by Todd Southwick and Blake Skadron, iTrustCapital is a leading Crypto IRA software platform, empowering U.S.-based investors (excluding residents of New York and Hawaii) to access digital assets and precious metals with the tax advantages associated with retirement accounts. The platform offers access to 29 cryptocurrencies as well as physical gold and silver, with additional assets regularly added to meet growing demand.
The mission: iTrustCapital’s innovative approach eliminates costly inefficiencies and outdated processes seen in traditional IRA models, creating a seamless and accessible gateway to blockchain and alternative asset markets. Driven by a mission to innovate, lead, and serve with excellence, iTrustCapital’s culture emphasizes security, simplicity, and commitment to client empowerment, enabling investors to take control of their financial futures with long-term tax benefits.
Milestone: The company passed $10 billion in total transactions in October.
76. Boast
Boast specializes in helping organizations claim and access every eligible R&D tax credit, minimizing audit risks and time-consuming processes in Canada and the United States. Boast combines in-house technical and R&D tax expertise with the latest AI technology to help companies effortlessly navigate the complexities of tax credits, enabling them to focus on what the company does best: Innovate.
Milestone: Since Boast’s founding in 2011, it has helped more than 1,500 businesses across North America tap into more than $600 million in innovation capital to build stronger products, extend their runway and drive world-changing innovation.
77. Lithic
Lithic is a New York-based company specializing in card-issuing infrastructure, providing developers with the tools to build and manage payment card programs with ease and efficiency. Founded by the team behind Privacy.com, Lithic emerged from first-hand challenges encountered while navigating legacy financial service systems, which were outdated, slow, and complex to scale. This experience motivated the creation of Lithic's modern, developer-friendly API platform, designed to offer high levels of control, flexibility, and observability over card issuing and processing.
Partner spotlight: Backed by prominent investors including Stripes, Bessemer Venture Partners, Index Ventures, Tusk Venture Partners, AHCV, and Teamworthy Ventures, Lithic empowers businesses to issue debit, credit, and prepaid cards to consumers and businesses. Its infrastructure supports diverse financial applications, from enabling customer payments to streamlining internal operations. Lithic’s straightforward API design minimizes time-to-market, eliminates unnecessary fees, and facilitates instant card issuance, allowing users to create and start using cards within minutes.
78. Silent Eight
Silent Eight leverages human insight and AI precision to automate detection and decision-making in Financial Crime Compliance. By enabling compliance professionals to identify true risks faster, its human-centered AI solutions balance effectiveness and efficiency. Silent Eight’s commitment to delivering effective and scalable compliance solutions is reinforced through principles that reflect its core values; explainability, auditability, and transparency with full governance and control, and continuous learning.
Partner spotlight: Silent Eight is a Singapore-based RegTech company, founded in 2013, dedicated to helping its partners meet regulatory demands while achieving strong ROI. The company’s proven advanced AI solutions are trusted by global leaders such as HSBC, Standard Chartered Bank, Mashreq, FAB, Emirates NBD, ADIB, and AIA. To date, Silent Eight’s technology has successfully adjudicated 100 million alerts with accuracy and consistency, reinforcing its ability to deliver effective, scalable compliance solutions.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2021 (No. 72)
79. Foxen
Based in Columbus, Ohio, Foxen is a leader in financial technology for real estate, founded in 2018. The company provides innovative solutions that benefit property owners, managers, and residents alike. By integrating seamlessly with top property management software, Foxen’s technology drives revenue growth for properties and enhances the financial well-being of residents.
The mission: Foxen specializes in insurance compliance solutions and financial services, addressing outdated processes in the real estate industry. Its products generate new revenue streams while improving the financial health of residents. As a rapidly growing fintech firm, Foxen is disrupting the insurance and financial sectors with a clear mission: to promote financial wellness through real estate.
Milestone: Recently, Foxen raised a Series A funding round led by Summit Partners, positioning itself for continued growth and innovation.
Past Rankings from The Financial Technology Report:
The Top 25 InsurTech Companies of 2024 (No. 16)
80. SavvyMoney
SavvyMoney stands at the forefront as the leading provider of credit score solutions, extending its reach to more than 1,350 banks, credit unions, and fintechs nationwide. The synergy of real-time data and advanced digital personalization tools defines SavvyMoney’s offerings, seamlessly integrating with more than 40 digital banking platforms. What sets SavvyMoney apart is not just its innovative technology but also its hands-on service, coupled with a resolute commitment to assisting financial institutions in fortifying and enriching customer relationships.
The mission: By providing consumers with real-time access to their credit scores, personalized financial education, and tailored loan offers, the financial institution empowers its consumers to make informed financial decisions. Consumers can monitor their credit health, receive alerts for significant changes, and explore personalized loan options directly within their banking app. This integration boosts consumer satisfaction and loyalty and drives the financial institution's loan growth by connecting consumers with the right financial products at the right time.
81. Farther
Farther is a technology-focused wealth management firm and the fastest-growing Registered Investment Advisor (RIA) in the United States. Headquartered in New York City with a team of 200 employees, Farther supports more than 100 wealth managers in serving more than 5,000 clients and managing over $5 billion in assets.
Partner spotlight: Through a partnership with YCharts, a cloud-based investment research and client communications platform, Farther enhances its advisors' capabilities for client engagement and business growth, reinforcing its leadership in the wealth management industry.
Milestone: Recently, Farther secured $72 million series C from CapitalG and Viewpoint Ventures to continue revolutionizing wealth management.
Past Rankings from The Financial Technology Report:
The Top 25 WealthTech Companies of 2024 (No. 16)
82. FinMkt
FinMkt is honored to be recognized again by the Financial Technology Report. FinMkt is defining the future of embedded digital lending and payments technology with its patented and award-winning fully customizable multi-lender point of sale financing and consumer lending platform.
The mission: FinMkt empowers banks, credit unions, alternative lenders, OEMs and merchants with cutting edge SaaS to provide innovative real time consumer financing, lending, and payment solutions. Optimized for home improvement, healthcare and retail, FinMkt's versatile technology offers speed to market solutions in the most desired verticals.
Past Rankings from The Financial Technology Report:
The Top 25 Lending Technology Companies of 2024 (No. 14)
83. PayNearMe
PayNearMe is a Santa Clara, California-based technology company that revolutionizes payment experiences for businesses across various industries, including consumer lending, iGaming and online sports betting, property management, tolling, and legal. With a focus on flexibility, reliability, and efficiency, PayNearMe’s modern platform enables businesses to streamline the end-to-end payment process, enhancing customer engagement, reducing operational costs, and optimizing payment acceptance rates.
The technology: Through a single platform, PayNearMe supports an array of payment methods, including PayPal, Venmo, Cash App Pay, Apple Pay, Google Pay, credit and debit cards, ACH, and cash payments via an extensive electronic cash network of over 62,000 retail locations across the U.S. This platform not only simplifies the payment process but also accommodates businesses’ evolving needs by incorporating all payment types and channels in one contract and integration.
Partner spotlight: PayNearMe’s strategic partnerships amplify its technological impact. By collaborating with PayPal, it leverages enhanced core processing capabilities, offering clients greater reliability for payments and disbursements. Additionally, its partnerships with GOLDPoint Systems and Trustly expand its presence in personal lending and online gaming, providing clients with innovative payment options, including open banking and guaranteed ACH.
Past Rankings from The Financial Technology Report:
The Top 25 Payment Technology Companies of 2024 (No. 22)
84. Squirro
Squirro is a global SaaS provider headquartered in Zürich, offering enterprise-ready generative Al, search, business insights, and automation solutions. Its mission is to empower organizations with the precision-engineering they need to harness the full potential of data through advanced Al technologies in an increasingly competitive global marketplace.
Partner spotlight: Founded in 2012, Squirro is a fast-growing company with dedicated teams in Switzerland, the United States, the UK, and Singapore. Its customers include the European Central Bank, the Bank of England, Standard Chartered Bank, the Oversea-Chinese Banking Corporation, among others.
85. Halo Investing
Founded in 2015, Halo Investing is a technology platform that disrupts how protective investment solutions are used worldwide. Headquartered in Chicago with additional offices in Abu Dhabi and Zurich, Halo is democratizing access to investment solutions that were previously unavailable to most investors, including structured notes, buffered ETFs, and annuities.
86. Upright
Upright is a fintech platform that provides real estate investors with software tools to help them scale their business, capital to help them grow their portfolio, and passive income opportunities for accredited investors, all under one roof.
The mission: With headquarters in Cleveland, Ohio, and local presence in nearly every major market, the company helps restore communities across the United States through its network of experienced, dedicated real estate professionals backed by a diverse base of institutional and individual investors.
Past Rankings from The Financial Technology Report:
The Top 25 Real Estate Technology Companies of 2024 (No. 22)
87. Boost Payment Solutions
Boost Payment Solutions is a global leader in enterprise-level B2B payments with a technology platform that is purpose-built to meet the complex demands of today's commercial trading partners. Its patented technology-enabled solutions bridge the needs of buyers and suppliers around the world, eliminating friction and delivering process efficiency, payment security, data insights and revenue optimization. Its product suite is designed to optimize the use and acceptance of virtual commercial cards, the fastest-growing option for making B2B payments.
Milestone: In 2024, Boost introduced Boost 100XB®, a new feature of the popular Boost 100 platform that enables U.S.-based buyers to pay their vendors in over 180 countries using their existing commercial card. Boost was founded in 2009 and over half of Fortune 100 companies make or receive payments through the Boost platform.
88. Fourthline
Fourthline is a rapidly growing provider of digital identity technology, specializing in advanced Know Your Customer (KYC) solutions across the customer lifecycle. Known for its industry-leading standards in fraud prevention, accuracy, conversion, and compliance, Fourthline supports a diverse range of clients, including banks, online brokers, insurers, and prominent fintech companies. The company verifies millions of identities for organizations including N26, NN, Trade Republic, Solarisbank, flatexDEGIRO, and Wish.com.
The mission: Driven by a mission to combat financial crime, Fourthline safeguards the global financial system through innovative solutions that leverage artificial intelligence and proprietary fraud detection techniques. With a focus on building customer-centric products that make a positive impact, Fourthline continues to set the standard in digital identity verification and fraud prevention.
Milestone: Rabobank, an international financial services provider, announced a strategic partnership with Fourthline in June through its Rabobank Identity Services platform.
89. Skipify
Skipify is reimagining the payment experience, moving beyond manual card entry, management of multiple wallets, and checkout pages cluttered with buttons. Its Commerce Identity Cloud identifies shoppers with just an email or fingerprint scan, instantly retrieving all payment information, including associated cards, reward points, and offers, at the point of purchase.
The mission: For merchants, this new identity-powered checkout addresses perennial pain points with cart abandonment and card declines, recovering millions in lost revenue while minimizing fraud concerns.
90. GradGuard
GradGuard helps educational institutions protect students from the risks of college life. As the top provider of college tuition and renters insurance, GradGuard has served more than 1.7 million students at more than 1,900 institutions.
The technology: The company’s technology platform integrates insurance protections into the enrollment processes of over 600 U.S. institutions. This integration improves student protection, increases college completion rates, and reduces college costs by covering preventable financial losses. GradGuard supports schools in providing a safer and more secure college experience for students.
Past Rankings from The Financial Technology Report:
The Top 100 Financial Technology Companies of 2023 (No. 96)
The Top 100 Financial Technology Companies of 2022 (No. 89)
91. Keyway
Keyway is a generative AI company that is transforming the real estate landscape through innovative technological solutions. The company’s offerings include an AI Co-Pilot, transaction recommendations, and AI-driven comparative market analysis, demonstrating the potential of technology to enhance real estate operations.
Partner spotlight: With backing from venture capital firms such as Camber Creek, Canvas Ventures, Parker 89, Thomvest, Montage Ventures, FJ Labs, and Crosscut, Keyway is well-positioned for continued growth and innovation.
The technology: The company recently launched KeyComps, an AI-powered tool that delivers real-time comparative market analysis specifically for multifamily properties. This solution provides precise intelligence on rental comps, utilizing fully automated and accurate unit, property, and market data sourced exclusively from public information.
Past Rankings from The Financial Technology Report:
The Top 25 Real Estate Technology Companies of 2024 (No. 15)
92. Payactiv
Payactiv, a certified B-Corp headquartered in San Jose, California, is a leading provider of Earned Wage Access (EWA) and a developer of financial wellness solutions. Focused on helping individuals manage cash flow between paychecks, Payactiv offers a digital wallet and platform serving over 4,000 businesses across industries such as retail, healthcare, manufacturing, and hospitality.
The mission: Designed to meet the needs of a workforce where two-thirds face financial stress between pay periods, Payactiv provides timely access to earned wages, allowing businesses to support employees' financial stability and productivity. With a strong commitment to social responsibility and decades of experience in payment technologies, Payactiv is focused on improving financial resilience for lower-income American workers. Notable clients include Walmart, and the company’s 300 employees are dedicated to delivering practical financial wellness solutions to a range of organizations.
93. Spiral
Spiral’s mission is to empower millions of people to build better lives and positively impact their communities. They aim to empower over 9,000 U.S. financial institutions to grow deposits and accounts through personalized banking experiences and help millions achieve financial freedom and contribute to a better world.
The technology: Spiral is the award-winning platform that enables financial institutions to grow deposits and accounts through personalization and financial wellness. With Spiral, banks and credit unions can leverage popular turnkey experiences and their community-oriented mission to allow their customers to achieve financial freedom, engage with their finances, and easily support their communities through any online bank account, debit card, or credit card.
94. Canoe
Canoe Intelligence empowers more than 325 institutional investors, asset servicers, and wealth managers with advanced technology to streamline alternative asset management. Fueled by recent growth and a Series C financing led by Goldman Sachs Alternatives, Canoe is redefining how alternative investments are managed.
The technology: Incubated within Portage Partners in 2013, Canoe initially served as the firm’s core operational tool. After spinning out in 2017, Canoe launched its scalable, cloud-based solution to automate document collection and data extraction, turning complex information into actionable insights in seconds. Portage Partners continues to operate without a middle or back office, relying entirely on Canoe’s technology to manage operations efficiently.
The mission: Canoe’s mission is to introduce purpose-built automation for institutional investors, asset servicers, capital allocators, and wealth managers, ensuring greater efficiency in alternative investment workflows. Recently, Canoe partnered with fundcraft to enhance fund operations across Europe, expanding its influence and solidifying its role as a leader in modern alternative asset management.
95. Helicap
Helicap is a fintech fund management platform specializing in alternative lending across Southeast Asia, Hong Kong, and Australia. As agnostic investors, Helicap is committed to promoting best practices within the industry, leveraging its expertise to enhance the lending landscape.
Partner spotlight: Over the past few years, the company has raised more than $30 million in paid-up capital and deployed $300 million worth of capital, utilizing in-house data analytics capabilities. This data-processing expertise has enabled Helicap to build networks with hundreds of platform partners, granting access to a pool of 200 million potential borrowers in the region. Through its platform, Helicap is transforming the way corporations and consumers access credit, redefining lending practices in the financial ecosystem.
96. OnPay
OnPay is a fast-growing payroll and HR software company based in Atlanta, focused on making payroll, HR, and benefits easy for small businesses and accountants. With more than 30 years of payroll expertise, OnPay’s cloud-based software serves a wide range of industries, including nonprofits, restaurants, religious organizations, and agriculture, while offering transparent pricing with no hidden fees. Clients enjoy unlimited pay runs, automated tax payments and filings, and guaranteed error-free processing for both employees and contractors.
The technology: OnPay goes beyond payroll, offering integrated benefits as a licensed health insurance broker, along with 401(k) plans and pay-as-you-go workers' compensation. Recognized for its mobile-friendly, user-friendly system, OnPay continues to invest in customer support and expanding features to support the needs of small businesses nationwide.
97. Method Financial
Method Financial’s authentication technology allows instant access to a consumer’s full liability portfolio using just personal information, eliminating the need for usernames and passwords. This provides financial service providers with access to real-time, high-fidelity data on consumer debts and credit lines.
The mission: By empowering providers with this up-to-date liability information, Method enables more personalized and competitive financial products and services. Method’s innovations have tangible benefits, and have facilitated hundreds of millions of dollars in liability repayments and increased same-day payment execution rates for partners. The company’s credential-less account aggregation streamlines processes like debt consolidation, benefiting both financial institutions and consumers.
98. Relay
Relay Payments, an Atlanta-based venture-backed fintech company, is building a modern digital payment network to revolutionize the trucking, logistics, and supply chain industries. Founded in 2019, Relay addresses the inefficiencies of traditional cash, checks, and card-based transactions by providing a secure, reliable digital payment solution trusted by over 350,000 drivers, 90,000 carriers, and 1,500 truckstops nationwide.
Partner spotlight: The company has partnered with industry leaders like Pilot Company, Schneider, Coyote Logistics, and Lineage Logistics to streamline over-the-road transactions, boosting efficiency across transportation networks.
99. Posh AI
Posh AI, a venture-backed conversational AI company headquartered in Boston, Massachusetts, is dedicated to democratizing access to banking and advancing the responsible adoption of AI for financial institutions. Spun out of MIT's AI lab in 2018, Posh is driven by a mission to transform how financial services companies engage with their communities and employees. The company’s proprietary platform empowers frontline staff and revolutionizes customer interactions across voice, digital, and knowledge channels.
The mission: Purpose-built for financial services, Posh's AI solutions provide conversational customer service, 24/7 self-service, and enhanced efficiency for employees, significantly improving customer and employee experiences. Supported by a team of top AI and financial industry experts, Posh continues to innovate at the intersection of technology and finance, with a focus on elevating both customer service and operational workflows
100. Spreedly
Spreedly is a provider of payment orchestration solutions that enhances online revenue through its payments platform. By connecting to multiple payment services, Spreedly simplifies the payment process for businesses, eliminating the costs and timelines associated with custom integrations. Its PCI-compliant solution allows businesses to connect once and adapt to changing payment needs.
The technology: Spreedly supports 100 currencies globally, enabling clients to use various gateways and fraud detection tools to optimize their payment strategies. With an annual gross merchandise volume (GMV) of $50 billion and billions of global transactions processed, Spreedly provides insights to improve transaction performance.
Partner spotlight: More than 50,000 businesses—including merchants, aggregators, and fintechs—rely on Spreedly to scale their operations. Recent partnerships with Forter, Dominion, and FlexPay highlight Spreedly's focus on enhancing customer experiences and reducing payment costs, demonstrating their commitment to improving outcomes in the payment systems market.
