2. FinTech is an innovative field that combines both
finance and technology.
Companies that fall under the fintech category often
specialize inΒ account management, lending, financing,
financial assets and capital markets. However, their
primary focus is meeting customers' needs.
Here is a list of 5 of the top fintech companies around
the globe:
3. ADYEN
Founded in 2006, this Netherlands-based
company provides its clients with the ability to
accept payments from around the globe with
a single platform.
Adyen has seen an influx of high-profile clients
-- namely, Facebook, Netflix, Uber, LβOreal,
Burberry, and Microsoft. Because of this spike
in popularity, the company nearly doubled its
revenue to $700 million in 2016.
4. KLARNA
Headquartered in Stockholm, Sweden, Klarna
is focused on improving the online shopping
experience via an optimized checkout system.
Since the company got its beginning in 2005,
it has served over 45 million end customers
and added big names such as Disney, Spotify,
and Samsung to its list of clients.
5. AVANT
Founded in 2012, Avant is an online lending
platform that is dedicated to lowering the
barriers consumers face in borrowing money.
Although this United-States-based company
does not necessarily have any high-profile
clients, it has reached over 500,000 customers
and accrued a loan portfolio that is worth over
$3.5 billion.
6. OSCAR
Oscarβs goal is to encourage uninsured
Americans to purchase policies by quickening
the application and approval process, and
providing access to full-coverage plans that
boast affordable premiums.
In addition to its admirable mission statement,
Oscar also boasts a prominent list of investors
that includes Google Capital, Fidelity, and
Khosla Ventures.
7. SOFI
This San Francisco-based fintech startup
promises to be βa new kind of finance
company.β
Clearly, SoFiβs unconventional approach to
lending and wealth management has been
successful, as the company now boasts over
$19 billion in funded loans and over 300,000
members across the country.