Fintech is a flourishing industry that is on everyone’s mind, especially investors. According to CB statistics, the space has raised $13.4 billion in the first quarter of 2021. Meanwhile, San Francisco-located stock trading app Robinhood recently filed for IPO, and demand for shares has some believing the company’s valuation could approach $40 billion. 

The explosion of fintech companies and startups is not surprising. As the tech- expertise millennial generation has progressed, banking and fiscal options evolved too, and formerly-rare technologies like mobile banking came standard, forcing brick-up-and-mortar institutions to become tech-enabled. 

But banks are not the only financial institutions that have made tech-driven changes. Entire merchandise from digital loans and mobile stock services to e-commerce payment platforms and digital currency exchanges is embedded in digital fiscal access. 

Growing Fintech Companies & Startups 

The fintech industry is growing every time, and the market is starting to fill up with fiscal services providers and early-stage fintech startups trying to fulfill client’s needs and shape the future of finance. 

Fintech companies’ internationally gathered up $94.7 billion in funding over the first three months of 2021. Several innovative fiscal services and the largest fintech companies are driving that growth by attracting investors who are offering new fiscal products and services. 

But as additional companies pour into the financial technology space, it can be tough to sift through them and identify the major players. 

Best Fintech startups

Gohenry 

It’s a fund operation platform that teaches youthful people how to handle their finances. Children can physically handle their finances with debit cards that are reimbursed and controlled by parents. The company reports there are over a million clients using Gohenry. 

Revolut 

London-located Revolut has rapidly surfaced as one of the most precious fintech startups on earth. The company reports that they’ve 15 million particular clients across 35 different countries. And they have lately expanded into the US with their sights on acquiring a UK license by the start of this year. 

M1 finance 

It is an app-related funds operation app. Its clients can invest in ETF and custom stock portfolios. It also lets people adopt low-cost line credit and go complete banking services, digitally. The app generates around $25M each year in profit and has over 5-star reviews on Google Play and App Store. 

Treasury spring 

It operates in the noncommercial funds market world. Specifically, the software is designed to minimize threats while maximizing returns using fixed-term finances (FTFs). The startup presently offers autonomous, fiscal, and commercial FTFs. 

Figure 

It’s a fiscal service powered by blockchain for both self and business use. The startup offers fiscal products related to mortgages, home equity, and self-loans for individuals. They also have features to help with asset operation, cap table operation, and business services for institutions. A recent point Figure added to their system in December 2021, Figure Equity Results, allows private associations to gain, oversee, and trade on the fintech platform. 

Stockal 

Began as a stock premonitory establishment to give exploration to investors. The startup originally had difficulties monetizing. But in 2018, they shifted to a digital structure company. The new aim was designed to help retail investors abroad put their funds into worldwide markets, like the US. The company presently serves India with plans to expand into the Middle East and Southeast Asia soon. 

Robinhood 

It is a stock brokerage company that gives retail investors the capability to trade stocks, options, ETFs, and cryptocurrencies. The platform doesn’t charge commissions on trades. They plan to IPO on the NASDAQ in late 2021. 

Strip 

Strip has rapidly become one of the quickest-growing fintech startups on the earth. The payment processor has now been used on 1.9 million different websites, ranging from small startups to large enterprise brands. In December 2021, Stripe acquired the operation software OpenChannel in order to help them with ecosystem integrations.