Fintech

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AZA Group (also known as BitPesa) Number of Employees: 101 to 250Number of acquisitions: 2Total Funding: $50 millionOne ...
08/17/2022

AZA Group (also known as BitPesa)
Number of Employees: 101 to 250

Number of acquisitions: 2

Total Funding: $50 million

One Thing to Know: BitPesa currently accepts Bitcoin and delivers fiat currency directly to mobile phones in Kenya, Nigeria, Uganda, and Tanzania. It also sells Bitcoin in Kenya, Nigeria, and Uganda.

Zepz (formerly WorldRemit)
Number of Employees: 1,500

Total Funding: $699.7 million

One Thing to Know: In August 2021, WorldRemit and Sendwave rebranded to Zepz, available in more than 130 countries and operated in more than 5,000 money transfer corridors worldwide.

Stripe
Number of Employees: 1,001 to 5,000

Number of acquisitions: 13

Number of investments: 46

Total Funding: $2.2 billion

One Thing to Know: Millions of companies in over 120 countries use Stripe including Google, Amazon, Salesforce, Shopify, Microsoft, and more.

Millions of companies in over 120 countries use Stripe. - Insider Intelligence
Millions of companies in over 120 countries use Stripe. Insider Intelligence
Braintree
Number of Employees: 251 to 500

Number of acquisitions: 1

Total Funding: $69 million

One Thing to Know: The PayPal-owned company powers payments for companies such as Uber, Poshmark, and StubHub.

Klarna
Number of Employees: 5,001 to 10,000

Number of acquisitions: 14

Number of investments: 5

Total Funding: $3.7 billion

One Thing to Know: Klarna is one of Europe’s largest banks and is providing ecommerce payment solutions for 90 million consumers across 250,000 merchants in 17 countries.

Chase Pay
Number of Employees: 5,001 to 10,000

Total Funding: N/A

One Thing to Know: Chase Pay officially debuted its app on November 21, 2016.

Chase Pay officially debuted its app on November 21, 2016. - Insider Intelligence
Chase Pay officially debuted its app on November 21, 2016. Insider Intelligence
Azimo
Number of Employees: 101 to 250

Total Funding: $88.1 million

One Thing to Know: Azimo promises money transfers in one hour or less.

Xoom
Number of Employees: 101 to 250

Number of acquisitions: 1

Total Funding: $104.3 million

One Thing to Know: PayPal acquired this international money transfer company on July 2, 2015.

iZettle
Number of Employees: 251 to 500

Number of acquisitions: 1

Total Funding: $332.8 million

One Thing to Know: iZettle Go allows you to take both cash and card payments, along with Apple and Google Pay.

Square
Number of Employees: 5,001 to 10,000

Number of acquisitions: 21

Number of investments: 19

Total Funding: $601.2 million

One Thing to Know: In December 2021, Square Inc. changed its corporate name to Block, an entity that encompasses its other divisions such as Cash App and TIDAL.

Square expects to launch a bank in 2021. - Insider Intelligence
Square expects to launch a bank in 2021. Insider Intelligence
Adyen
Number of Employees: 501 to 1,000

Total Funding: $266 million

One Thing to Know: Adyen’s customers include ebay, Uber, Etsy, Spotify, and more.

ShopKeep
Number of Employees: 251 to 500

Number of acquisitions: 4

Total Funding: $177.2 million

One Thing to Know: ShopKeep has more than 25,000 customers nationally, sees over 289 million transactions annually, and is the No. 1 customer rated iPad POS.

Remitly
Number of Employees: 1,001 to 5,000

Number of acquisitions: 2

Total Funding: $505 million

One Thing to Know: With Remitly, you can transfer money from: UK, US, Australia, Canada, Ireland, Germany, France, Italy, Spain, Austria, Belgium, Finland, Netherlands, Norway, Singapore and Sweden to over 50 countries worldwide.

Payments Fintech Providers & StartupsDwollaNumber of Employees: 51 to 100Total Funding: $72.4 millionOne Thing to Know: ...
08/17/2022

Payments Fintech Providers & Startups
Dwolla
Number of Employees: 51 to 100

Total Funding: $72.4 million

One Thing to Know: In 2019, Dwolla, Inc. announced the Integration Partner Program, which offers more seamless technical integrations between Dwolla, the partner, and their mutual clients.

Venmo
Number of Employees: 51 to 100

Number of investments: 1

Total Funding: $1.3 Million

One Thing to Know: Braintree acquired the peer-to-peer payments company in 2012, and today it has become a household name in real-time P2P payments. Companies that accept venmo include: Uber, Urban Outfitters, Lululemon, Poshmark, and Forever 21.

Venmo is a popular P2P payment service. - Insider Intelligence
Venmo is a popular P2P payment service. Insider Intelligence
PayPal
Number of Employees: More than 10,000

Number of acquisitions: 23

Total Funding: $216 Million

One Thing to Know: PayPal was founded on December 1, 1998 and acquired by eBay on July 8, 2002. The payment provider currently has 361 million active users.

Paydiant
Number of Employees: 51 to 100

Total Funding: $34.6 Million

One Thing to Know: PayPal-owned Paydiant uses a cloud-based platform that helps merchants and banks deploy their own mobile wallets inside their own apps.

Paydiant uses a cloud-based platform that helps merchants and banks deploy their own mobile wallets. - Insider Intelligence
Paydiant uses a cloud-based platform that helps merchants and banks deploy their own mobile wallets. Insider Intelligence
AZA Group (also known as BitPesa)
Number of Employees: 101 to 250

Number of acquisitions: 2

Total Funding: $50 million

One Thing to Know: BitPesa currently accepts Bitcoin and delivers fiat currency directly to mobile phones in Kenya, Nigeria, Uganda, and Tanzania. It also sells Bitcoin in Kenya, Nigeria, and Uganda.

Zepz (formerly WorldRemit)
Number of Employees: 1,500

Total Funding: $699.7 million

One Thing to Know: In August 2021, WorldRemit and Sendwave rebranded to Zepz, available in more than 130 countries and operated in more than 5,000 money transfer corridors worldwide.

Stripe
Number of Employees: 1,001 to 5,000

Number of acquisitions: 13

Number of investments: 46

Total Funding: $2.2 billion

One Thing to Know: Millions of companies in over 120 countries use Stripe including Google, Amazon, Salesforce, Shopify, Microsoft, and more.

The fintech industry is growing every year, and the market is starting to fill up with financial services providers and ...
08/17/2022

The fintech industry is growing every year, and the market is starting to fill up with financial services providers and early stage fintech startups trying to fulfill customers’ needs and shape the future of finance.

Fintech companies globally scooped up $94.7 billion in funding over the first three quarters of 2021. Several innovative financial services and the largest fintech companies are driving that growth by attracting investors who are offering new financial products and services.

But as more and more companies pour into the financial technology space, it can be tough to sift through them and identify the major players. To help, we’ve listed below the largest fintech startups across six areas: Banking, Payments, Investment and Wealth Management, Insurance, Currency and Exchange, and Lending and Financing.

Note: All employee and funding data comes from Crunchbase.

Banking Fintech Providers & Startups
Monzo
Number of Employees: 1,500 to 5,000

Total Funding: $1.1 billion

One Thing to Know: U.K. digital-only mobile bank Monzo was founded as Mondo in 2015 and has nearly 5 million account holders.

Monzo's debit card - Insider Intelligence
Monzo’s debit card Insider Intelligence
Starling Bank
Number of Employees: 501 to 1,000

Total Funding: $922 million

One Thing to Know: Starling was voted Best British Bank four years in a row between 2018 to 2021 award and services more than 2.5 million customer accounts.

Ally Financial
Number of Employees: 1,001 to 5,000

Number of acquisitions: 3

Number of investments: 7

Total Funding: N/A

One Thing to Know: Ally Financial went public on April 10, 2014 and is used by over 8.5 million people as of 2020.

Ally Financial is currently used by over 8.5 million people. - Insider Intelligence
Ally Financial is used by over 8.5 million people. Insider Intelligence
Tandem
Number of Employees: 51 to 100

Number of acquisitions: 2

Total Funding: $175.8 million

One Thing to Know: Digital-only bank Tandem has an official banking license with the Bank of England.

Tide
Number of Employees: 251 to 500

Total Funding: $195.2 Million

One Thing to Know: Tide claims it can get you a business credit card in just three minutes.

N26
Number of Employees: 1,001 to 5,000

Total Funding: $1.7 billion

One Thing to Know: Famous Silicon Valley investor Peter Thiel has backed the company, which obtained a full German banking license in July 2016

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