Forbes has unveiled its annual Fintech 50 list for the tenth consecutive year, showcasing the fastest-growing fintech companies in the sector.
The list prominently features B2B banking, Wall Street enterprises, and payment providers, which collectively account for 31 of the 50 entries. The remaining selections encompass various domains, including real estate, insurance, blockchain, and cryptocurrency. Notable names among the honorees include Plaid, Coalition, and Chime.
This year marked the entry of 18 new contenders, such as the procurement platform Zip, debit card provider True Link Financial, and Squire, a business management platform tailored for barbershops. Other noteworthy newcomers include:
- Bilt Rewards, a credit card startup that processed over $36 billion in transactions last year.
- Brico, an automation platform that secured clients including Funding Circle, Empower, and Marqeta, despite being founded in 2023.
- DailyPay, which provides employees with real-time access to their wages.
- Increase, founded by Darragh Buckley from Stripe, offering solutions to manage and move money for small and mid-sized banks and fintech firms.
- Imprint, creating software to assist businesses in launching and managing co-branded credit cards, serving clients such as Turkish Airlines and Brooks Brothers.
- Nala, a cross-border remittance service enabling consumers to send funds to African countries, valued at over $200 million.
- Parafin, focusing on more effective loan underwriting, particularly for women- and minority-owned businesses.
While the majority of the companies are US-based, the list also features DataSnipper from the Netherlands and Relay, which operates out of Canada.
For the complete list, visit the Forbes Fintech 50 page.