Money Matters

The Fintech 50 For 2018

(Source: www.forbes.com)

While crypto hogs the headlines, technology is disrupting the $8.5 trillion (market cap) U.S. financial services industry in less flashy ways, changing how we invest, borrow and save; how big banks control risk; and how hedge funds analyze data and place their bets. Worldwide, $27.4 billion poured into fintech startups in 2017, Accenture reports, up 18% from 2016. With so much in play, it’s not surprising that 22 companies are new on this, the third edition of our list. All our picks have operations, customers or impact in the U.S., even if they’re not based here. Our list excludes public companies and divisions of public companies.

Edited by Janet Novack and Matt Schifrin. Reported by Samanatha Sharf, Antoine Gara, Lauren Gensler, Maggie McGrath, Laura Shin and Kristin Stoller

Company Name Location Category Funding Acorns Irvine, CA Investing, Personal Finance, Consumers $101 million Addepar Mountain View, CA Investing, Data & Analytics, Wall Street $215 million Adyen Amsterdam Consumers, Small Business, Payments $266 million Affirm San Francisco Consumers, Small Business, Payments, Lending $450 million Ayasdi Menlo Park, CA Data & Analytics, Wall Street $106 million Betterment New York City Investing, Personal Finance, Consumers $275 million Better Mortgage New York City Consumers, Lending $65 million The Bitfury Group Amsterdam Wall Street, Blockchain & Bitcoin $90 million Blend San Francisco Consumers, Wall Street, Lending $160 million Blockchain London Blockchain & Bitcoin, Investing, Consumers $70 million Cadre New York City Investing, Consumers, Wall Street $130 million Chain San Francisco Blockchain & Bitcoin, Wall Street $43.7 million Chainalysis New York City Data & Analytics, Wall Street, Blockchain & Bitcoin $1.6 million CircleUp San Francisco Investing, Small Business, Consumers, Lending $53 million Coinbase San Francisco Blockchain & Bitcoin, Investing, Consumers $217 million CommonBond New York City Consumers, Wall Street, Lending $86.2 million Credit Karma San Francisco Personal Finance, Consumers, Data & Analytics, Lending $368.5 million Digital Reasoning Nashville Investing, Data & Analytics, Wall Street $76 million Earnin Palo Alto, CA Personal Finance, Consumers $65 million Ellevest New York City Investing, Personal Finance, Consumers $44.5 million Enigma

New York City

Investing, 

Data & Analytics, Wall Street

$34.6 million

Feedzai

San Mateo, CA

Consumers, Data & Analytics, Wall Street, Payments $82 million Forter

New York City

Consumers, Data & Analytics, Small Business, Payments $50 million Fundrise

Washington, D.C.

Investing, Consumers $50 million GreenSky

Atlanta

Consumers, Wall Street, Small Business, Lending $560 million Guideline

San Mateo, CA

Investing, Personal Finance, Consumers, Small Business $24 million Gusto

San Francisco

Consumers, Small Business, Payments $176 million iCapital Network

New York City

Investing, Consumers, Wall Street, Data & Analytics $55 million IEX

New York City

Investing, Wall Street, Data & Analytics $100 million Kabbage

Atlanta

Data & Analytics, Small Business, Lending $500 million Kensho

Cambridge, MA

Investing, Wall Street, Data & Analytics $150 million Lemonade

New York City

Personal Finance, Consumers, Data & Analytics $180 million LendingHome

San Francisco

Investing, Consumers, Small Business, Lending $166 million Metromile

San Francisco

Personal Finance, Consumers, Data & Analytics $205.5 million Plaid San Francisco Consumers, Data & Analytics, Wall Street $60 million Qapital New York City Investing, Personal Finance, Consumers, Data & Analytics $17.3 million Quandl Toronto Investing, Wall Street, Consumers, Data & Analytics $20 million Remitly Seattle Consumers, Payments $200 million Ripple San Francisco Wall Street, Payments, Blockchain & Bitcoin $93.6 million Robinhood Palo Alto, CA Investing, Consumers, Blockchain & Bitcoin $176 million Shapeshift Zug, Switzerland Investing, Consumers, Blockchain & Bitcoin $12.2 million Stripe San Francisco Consumers, Wall Street, Small Business, Payments $450 million Symbiont New York City Wall Street, Investing, Blockchain & Bitcoin $15.4 million Symphony Palo Alto, CA Investing, Data & Analytics, Wall Street $234 million Tala Santa Monica, CA Consumers, Data & Analytics, Lending $44 million TransferWise London Consumers, Small Business, Payments $397 million Trumid New York City Investing, Data & Analytics, Wall Street $82 million Upstart San Carlos, CA Consumers, Data & Analytics, Wall Street, Lending $110 million Veem San Francisco Consumers, Small Business, Payments, Blockchain & Bitcoin $40 million Xapo Palo Alto, CA Investing, Consumers, Blockchain & Bitcoin $41 million

Read more:

Forbes Fintech 50 2018: The Newcomers

Forbes Fintech 50 2018: The Future Of Lending

Forbes Fintech 50 2018: The Future Of Investing

Forbes Fintech 50 2018: The Future Of Payments

Forbes Fintech 50 2018: The Future Of Personal Finance

Forbes Fintech 50 2018: The Future Of Blockchain And Cryptocurrency

Forbes Fintech 50 2018: The Future Of Wall Street And Big Data

Forbes Fintech 50 2018: The Future Of Real Estate And Finance

More Info: www.forbes.com

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