This article showcases our top picks for the best London based FinTech companies. These startups and companies are taking a variety of approaches to innovating the FinTech industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top London FinTech Companies
TrueLayer is a fintech platform utilized to build financial apps that connect to bank data, verify accounts, and access transactions in real-time. It uses its toolkit to develop consumer and server message block (SMB) applications in the areas of payments, online lending, personal financial management (PFM), robot-advisors, insurance, investment services, p2p marketplaces, and cryptocurrencies.
It aims to grow the open banking economy by creating a platform for companies to develop new financial services and products. In 2016, Francesco Simoneschi and Luca Martinetti established TrueLayer in London, England..
SumUp is a financial technology company that enables businesses to accept card payments at the Point-of-Sale or on the go in a simple, secure, and cost-effective way. It offers an end-to-end EMV card acceptance solution built on proprietary hardware and mobile apps.
This unique offering enabled SumUp to rapidly expand into 16 markets, including the U.S., Brazil, and Germany, making it the mPOS company with the largest global footprint. The company has gone on to develop a full suite of SDKs and APIs for third parties to integrate card payments into their mobile apps.
SumUp has been backed by renowned investors, including Groupon, BBVA Ventures, Holtzbrinck Ventures, and American Express. In April 2016 SumUp has merged with the mPOS company payleven to create the global leader in mobile payment.
The London, England-based fintech company was established by Stefan Jeschonnek, Marc-Alexander Christ, Daniel Klein, Petter Made, and Jan Deepen in 2011.. .
Starling Bank is an award-winning and fully-licensed bank built to give people a fairer, smarter, and more human alternative to the banks of the past. Starling Bank offers four different account types – personal, business, joint and euro, plus a child card.
Pairing this with a pioneering payment services proposition for businesses, Starling’s world-class tech reimagines banking for life today, putting the tools people need to feel good about money in the palm of their hand. All of Starling’s accounts are protected up to £85,000 by the Financial Services Compensation Scheme..
Reformers at heart, Greensill challenges the status quo by working to make global finance fairer and levelling the playing field for all businesses and people alike. The company unlocks capital so the world can put it to work.
Founded in 2011, Greensill is headquartered in London with offices in New York, Frankfurt, Chicago, Miami, Singapore, Sao Paulo, Mexico City, Johannesburg, Sydney, Warrington and Bundaberg. Greensill provides innovative financing solutions to customers across Europe, North America, Latin America, Middle East, Africa, and Asia – injecting more than $150 billion of financing in 2019 to more than 8 million customers and suppliers across more than 175 countries..
Wise provides a core money transfer product, along with a borderless account for its audience of ex-pats, freelancers, and travelers, which holds over £2 billion in current deposits. The company was launched in 2011 with the vision of making international money transfers cheap, fair, and simple.
Its multi-currency account helps over 10 million people and businesses manage their money across the world.. .
Checkout.com provides fintech companies with a cross-border payment solution for digital commerce. The business offers direct access to domestic acquiring across payment methods and geographies, including all major credit and debit cards, online banking, PayPal, Apple Pay, and other eWallets.
This is achieved through a unified integrated platform which also provides fraud management tools, analytics, and comprehensive reporting features.. .
Railsbank is an open banking API and a banking-as-a-service platform that gives regulated and un-regulated companies access to global banking. The platform provides fintech companies with a range of wholesale banking services, including IBANs, receiving money, sending money, converting money, direct debit, issuing cards, and managing credit through APIs.
It also enables marketers, product managers, and developers to take their financial product prototype, launch, and scale their vision using its open finance platform, financial operations, regulatory licensing, and rich set of APIs. Railsbank was founded in 2015 by Nigel Verdon and Clive Mitchell and is based in London, England..
Zopa is a P2P money lending service that allows lenders and borrowers to deal directly with one another, cutting out the banks who act as middlemen. Zopa works in the following way: the company first categorizes borrower credit grades with an A*, A, B, C or Y rating; then lenders make offers that vary by money amount and time period for persons with a certain credit grade, and borrowers can then agree the aggregate offered rate.
Zopa takes on such responsibilities as distributing money between parties, completing the legal paperwork, performing borrower identity/credit checks, and employing a collections agency that chases missed payments for the lender. Zopa also mitigates risk for lenders by enforcing monthly direct debit repayment, making borrowers sign a legal contract, and allowing lenders to lend small chunks of money to individual borrowers (i.e.
someone lending Â£1000 would have their money spread across say, 100 borrowers). The company itself makes money by charging a fixed fee for borrowers and a 1% annual fee for lenders.
Zopa has received public acclaim as well, having been awarded CNET Technology Awards’ 2006 Internet Innovation of the Year, the 2007 Webby Award for Best Banking/Bill-Paying Website, the 2008 Webby Award for Financial Services, the Banker 2007 Award for Best Internet Project and Moneywise 2009 Awards for Best Customer Service and Best Personal Loan. One of the three initial members of the UK’s Peer-to-Peer Finance Association, together with FundingCircle and RateSetter.
Other P2P lending services include [Lending Club](http://www.crunchbase.com/organization/LendingClub), [Prosper](http://www.crunchbase.com/organization/Prosper), and [Kiva](http://www.crunchbase.com/organization/Kiva).. .
Aave (from the Finnish word for “ghost”) is an open source non-custodial protocol on Ethereum for decentralized lending and borrowing. For lenders, the protocol mints ERC20-compliant aTokens at a 1:1 ratio to supplied assets.
Interest immediately starts compounding continuously, represented by a steady increase in the amount of aTokens held by the lender. This interest stream may be redirected to any address, separate from the aTokens that represent the underlying principal.
Aave offers flash loans: trustless, uncollateralized loans where borrowing and repayment must occur in the same transaction. Aimed at developers, this feature could lead to innovative uses of DeFi..
Modulr is a fintech company that provides Payments as a Service API for digital businesses. It enables users to automate payment flows, embed payments into the platform, and build new payment products and services themselves from a single API.
Modulr has direct access to the Bank of England and claims to facilitate a fast experience that digital customers demand. The company was founded in 2015 and is headquartered in London, England..
Celsius is a Blockchain-based marketplace platform where membership provides access to curated financial services that are not available through traditional financial institutions. Celsius specializes in the fields of consumer lending, fintech, and financial services.
It was founded in 2017 and headquartered in London, England.. .
Meniga is a digital banking platform that helps banks, businesses, and individuals manage their financial data. Its product offering includes data aggregation, personal and business finance management, cashback rewards, and transaction-based carbon insights.
They are a team of coders, designers, salespeople, and data scientists who get excited about shaping the future of financial technology. They work with complicated solutions that operate across channels, are modular, and customizable for every client.
If you love big data, predictive models, analytics, operational benchmarking, and getting the job done they’d like to hear from you.. .
GoCardless is the global leader in recurring payments. GoCardless’ global payments network and technology platform take the pain out of getting paid for businesses with recurring revenue.
More than 40,000 businesses worldwide, from multinational corporations to SMBs, transact through GoCardless each month, and the business processes $10bn of payments each year. GoCardless now has four offices in the UK, France, Australia, and Germany..
Onfido digitally proves a user’s real identity using AI technology, by verifying their photo ID and comparing it to their facial biometrics. It means users and businesses can verify their online identities anywhere and anytime, without compromising on experience, inclusion, privacy or security.
Onfido powers over 1,500 fintech, banking, and marketplace clients globally—helping them onboard more users while reducing risk. Identity underpins all transactions, and over the coming years, access to everything will be based on every user’s ability to easily and securely prove their legal identity.
This will change how we think of access—everything from opening a bank account to self-checking-in to a hotel, and ultimately voting.. .
When Funding Circle was founded, they could see that businesses weren’t being given the finance to grow, while investors were making poor returns. They had a simple idea — let them support each other.
By lending directly to businesses through Funding Circle, investors can now earn attractive returns to better provide for their future. Businesses get fast, easy access to funding to grow, create jobs, support local communities and drive the economy forward.
They believe it’s better for everyone.. .
Wagestream is a financial services firm that allows employees to stream their earned wages into their accounts through an instant app. The app allows them to have complete control over when they get paid.
It also effectively ends the need for employee advances, loans, and employee stress suffered from short term, unplanned financial obligations. The company aims to play a key role in reducing the poverty premium and prevent employees from entering cycles of debt caused by overdraft fees, high-interest credit, or payday loans.
Peter Briffett and Portman Wills was founded in 2018 and is based in London, England. It is backed by QED, Fair by Design, London Co-Investment Fund, and Village Global..
Over the past 10 years, we have been providing instant loans to millions of people across Europe. We believe that the expanding digital world helps improve our lives.
We would like to contribute by providing The World’s First Instant Crypto-backed Loans.. .
Capdesk is an equity management platform helping companies manage cap tables, shareholder registers, and employee shares. It accelerates its customer’s company growth by eliminating admin time to focus on core business tasks.
Capdesk streamlines the equity management by automatically updating cap tables, statutory registers, and various modelings. Digital, end-to-end share issuance transfers, splits, consolidations, and cancellations can be performed seamlessly on the platform.
With the equity information stored on the platform, clients can align stakeholders by giving them easy access to ownership information, share certificates, option vesting schedules, investment amounts, and latest values. The London, England-headquartered company was established in 2015..
Barclays PLC is a global financial services company that provides various financial products and services worldwide. It is engaged in retail banking, credit cards, corporate and investment banking, and wealth management with an extensive international presence in Europe, the Americas, Africa, and Asia.
The company offers current accounts, savings products, Woolwich-branded mortgages, unsecured loans, general insurance, and banking and money transmission services to small- and medium-sized businesses; investment and insurance products; business lending services; bank assurance solutions; and retail, credit and debit card, and corporate services. It also offers international payments services for consumer and business customers, including credit cards and consumer lending services; investment banking services comprising strategic advisory, financing, and risk management services to large corporate, government, and institutional clients; integrated corporate banking solutions, including cash management, lending, and trade financing services to corporate and financial institutions as well as multinationals; and a range of wealth and investment management services such as international and private banking, investment management, fiduciary, and brokerage services.
With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs more than 147,500 people. Barclays moves, lends, invests, and protects money of more than 48 million customers and clients worldwide.
The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985. It was founded in 1896 and is headquartered in London, United Kingdom..
ComplyAdvantage offers AI-driven financial crime risk data and detection technology. ComplyAdvantage’s aim is to neutralize the risk of money laundering, terrorist financing, corruption, and other financial crime.
More than 500 enterprises in 75 countries rely on ComplyAdvantage to understand the risk of who they’re doing business with through the world’s only global, real-time database of people and companies. The company actively identifies tens of thousands of risk events from millions of structured and unstructured data points every single day..
Iwoca provides small business credit finance services in the United Kingdom. It offers finance for businesses for various purposes ranging from bridging short-term cashflow gaps to investing in stock opportunities.
It serves retailers, restaurants, hotels, service providers, and more. Christoph Rieche and James Dear founded iwoca on October 1, 2011.
iwoca’s headquarters is located in London in the United Kingdom.. .
Revolut is a financial services company that specializes in mobile banking, card payments, money remittance, and foreign exchange. It includes a pre-paid debit card, currency exchange, and peer-to-peer payments.
It is on a mission to build a fair and frictionless platform to use and manage money around the world.. .
Pollinate is a software business, focused on reinventing merchant acquiring for banks around the world. The business is based in London, UK, and formed of experts and global industry leaders from the financial services, merchant acquiring, loyalty, and technology sectors.
Over the past decade, the acquiring industry has grown from strength to strength, due to huge advances in technology, changes to regulation, customer demand, and an increase in disruptive payment companies, challenging retail banks for ownership of their merchant relationships. Pollinate is working with banks and enabling them to compete with these disruptors.
Pollinate technology is an innovative cloud-based platform that wraps around a bank’s legacy payment systems. The platform powers merchant and consumer digital experiences including onboarding, portals, and loyalty programs, without costly and distracting platform migrations.
This allows merchants to more effectively manage their businesses with digital tools and data integrations, grow their businesses by connecting with their consumers, and give back to their local communities. For banks, the Pollinate platform helps them to understand and engage with their customers better and build stronger relationships with their merchants and consumers alike.
In 2019, Pollinate successfully enabled the Royal Bank of Scotland Group to re-enter merchant acquiring with NatWest Tyl, providing their business customers with a proposition developed with them at the heart.. .
Augmentum Fintech is one of the leading venture investment firms focusing exclusively on the FinTech sector. They invest in early (but not seed) or later stage investments in unquoted fintech businesses which are high growth, with scalable opportunities, and have disruptive technologies in the banking, insurance and asset management sectors, including other cross-industry propositions.
Augmentum is the only publicly listed FinTech-focused Venture Capital firm in Europe, having launched on the main market of the London Stock Exchange in early 2018, allowing their businesses to have access to flexible funding and support, unrestricted by conventional fund timelines. An investment in Augmentum enables investors to gain exposure to a focused portfolio of fast growing and/or high potential private FinTech businesses based predominantly in the UK and wider Europe to deliver attractive risk-adjusted returns for shareholders..
In 2005, our co-founders, Rishi Khosla and Joel Perlman, were looking for a working capital facility to support their growing business, Copal Partners, a financial research firm they’d founded three years previously. They approached numerous high-street banks and kept getting variations of the same response – “the computer says ‘No’”.
Despite being a profitable business with strong cash flow and retained clients, none of the commercial banks were willing to lend to them. It was too small a ticket to offset the costs the bank would incur in doing a fundamental assessment of their business and structuring a finance facility for their needs.
A few months later through one of their institutional client’s special situations desk, they managed to secure 100x the amount of debt for a dividend recap. So, an institutional division of a bank was able to support them, but the commercial lending part of the bank was not.
This experience stuck with them. After they’d scaled Copal Partners to a 3,000-employee business and sold it to Moody’s Corporation (NYSE: MCO) in 2014, they set out to address the funding gap they had experienced first-hand and empower the Missing Middle, through launching OakNorth.
OakNorth’s (ON) Credit Intelligence Suite transforms commercial lending by helping banks build deeper relationships with their clients, open new, more profitable opportunities, whilst delivering credit decisions up to ten times faster than traditional models, with lower risk and greater efficiency. Credit Intelligence is a data-driven technology that gives lenders a forward-looking view of the borrower based on expansive and dynamic data sets and scenarios specific to that business, using automated, continuous analysis of multiple drivers across the business, its peer group and the wider economy.
This provides an independent, consistent, detailed framework offering deep contextual insight that enables rapid underwriting, immediate stress-testing and more agile and targeted strategic lending. Built over five years by an engineering and credit science team of over 250 people, the ON Credit Intelligence Suite has propelled OakNorth Bank in the UK into the top 1% of banks in developed markets in terms of RORE and efficiency, enabling it to profitably manage a multi-billion-dollar commercial lending portfolio – benefits that banks across the world can now realize.
Wirex is a digital payment platform that aims to make crypto and traditional currencies equal and accessible to everyone. It makes fintech simple.
Its mobile app and Wirex card allows its users to buy, store, exchange, and spend a wide variety of conventional and digital currencies quickly and securely, with no hidden fees and zero fuss. It was founded in 2014 and is based in London, England..
PrimaryBid is a technology platform that allows everyday investors fair access to public companies raising capital. PrimaryBid always ensures that retail investors transact at the same time and at the same price as institutional investors.
Through PrimaryBid’s long-term agreement with the London Stock Exchange, the company has created the infrastructure to seamlessly connect everyday investors with public companies when it matters most.. .
Rapyd is a payments platform that inserts fintech services into any app and simplifies the complex offering of local payment methods. It enables e-commerce merchants, gig platforms, challenger wallets, remittance platforms, online lenders, and traditional banks to break free of their old infrastructure and limitations and create new mobile-friendly solutions.
By utilizing Rapyd’s payments network and Fintech-as-a-Service platform, businesses and consumers can engage in local and cross-border transactions in any market. The Rapyd platform unifies the fragmented payment systems by bringing together 900-plus payment methods in over 100 countries.
Investors such as Stripe, General Catalyst, Oak FT, Coatue, Tiger Global, Durable Capital, Target Global, and TaL Capital backs the company. In 2016, Arik Shtilman, Arkady Karpman, and Omer Priel established the company in London, England..
GENESIS Global was originally started by a team of industry leaders in the Global Financial Markets space with extensive experience in front to back trading technologies across multiple asset classes and business lines. The members of their management and advisory team have held senior global management roles at investment banks around the world and at trading technology software vendors.
Extensive experience with global financial technology vendors. They have a simple strategy, to be a global FinTech company providing best in class solutions and services which are in line with their client’s needs, goals and expectations.
They have a disruptive framework technology and business model to achieve this strategy.. .
Invstr is an award-winning investment app that helps you invest smarter. Invstr gives you the confidence, knowledge and expertise to start investing to build your wealth.
Unlike other investing apps, Invstr is committed to educating you before you even make your first trade. Because we believe that investing isn’t just about buying and selling stocks.
It’s about understanding the markets and making more informed investing decisions before risking real money. Invstr lets aspiring investors learn and practice with Fantasy Finance, a virtual portfolio management game.
Get smart with our huge wealth of educational resources, including an in-app investing course, daily podcasts, and live news and updates. When you’re ready, invest from just $5 with our commission-free brokerage and banking platform.
Track and improve your performance with Stats, and get personalized investment picks with Portfolio Builder. It’s everything you need to invest confidently and take charge of your financial future today.
Invstr also boasts a huge community of over 800,000 members. The social aspect of the app makes it unique in that our members can share updates and post to their feeds, send group or private messages, create private leagues to compete against friends and socialize all within the app, forming the first active investing community of its kind.
Thirdfort is an app-based solution that lets conveyancers verify client ID and source of funds in minutes. Combining ID scanning technology to check a client’s identity with open banking to prove money is from a legitimate source, Thirdfort is being used by award winning conveyancers around the UK.
Thirdfort is backed by Alex Chesterman (Founder of Zoopla), Mishcon de Reya, Lawyer Checker and HM Land Registry.. .
Soldo integrates prepaid Mastercard® cards, a web-based administration console and a mobile app into one intuitive future-ready platform. Soldo was founded by a group of tech veterans and payment pioneers who refused to accept the inefficient and fragmented state of business spending in the 21st century.
With decades of experience in payment services and transactional system development, the team didn’t just slap a brand on an ‘easy’ solution or quick-fix. Instead, they invested heavily in the creation – from scratch – of a world-class technological, regulatory and operational platform.
Soldo’s rock-solid innovation and talented team has attracted in excess of $80 million, in Seed, Series A and Series B funding. Our investors include Accel Partners, Dawn Capital, Battery Ventures, Connect Ventures, InReach Ventures, U-Start and R204 Partners..
Bitstamp owns and operates a digital currency marketplace that allows companies and individuals from all around the world to buy and sell bitcoin, litecoin, ethereum, ripple, and bitcoin cash. Damijan Merlak and Nejc Kodric founded Bitstamp in 2011.
It has its headquarters in London in the United Kingdom with additional offices in Luxembourg and Berkeley in California.. .
Using simplicity and humour, Cleo has helped 4 million people improve their relationship with money. But she’s not a bank.
She’s a platform for the 99% – an AI assistant defining a new category, one that goes beyond saving and budgets to actually changing how people feel about finances. Through chat, she provides users with deep insight about money, while suggesting personalised financial products that increase the ability to save.
That said, it’s really our tone of voice that makes us special. Cleo is a product for the next generation – meeting users where they are and building the type of relationship they expect.
That also means dropping the BS.. .
Bought By Many
Bought By Many is the multi-award-winning pet insurance provider that is disrupting insurance distribution. They do this by analysing anonymised internet search data and customer research to identify unmet consumer needs for insurance.
Key company milestones are as follows: o 2012: Launched boughtbymany.com. Completed seed funding round.
o 2013: Named Insurance Website of the Year. o 2014: Identified by Boston Consulting Group & Morgan Stanley as the global exemplar of innovation in insurance distribution.
Awarded Best Use of Mobile Technology at the Digital Insurance Awards. o 2015: Surpassed 100,000 members.
Launched SaaS platform in China in partnership with Ping An Insurance. Completed second funding round.
Became directly regulated by the FCA. Acquired Brooks Braithwaite (Sussex) Ltd – the UK’s leading provider of insurance for exotic pets and pet businesses.
Blockchain.com is a platform that offers ways to buy, hold, and use cryptocurrency. It creates a financial system for the internet that empowers anyone in the world to control their money.
Over 50+ million customers have signed up to use the Blockchain.com platform. It’s a fast and easy way to buy bitcoin, trade crypto, send, receive, secure, and borrow digital currencies.
The Blockchain.com explorer is one of the most trafficked websites in the world to find out what’s happening in the crypto markets and the Blockchain.com exchange supports a fast trading experience.. .
Freetrade is a brokerage application that offers free share dealing services. They believe investing should be accessible to everyone that’s why they aims to make it accessible to everyone.
Its app received Best Share Trading Platform at the British Bank Awards 2019. Freetrade was started in 2016 and is based in London, United Kingdom..
TradingView is the world’s most popular network of traders and investors – powered by real-time data and market-leading analysis software. It’s a word-of-mouth success story: from TechStars in Chicago in 2013, to over 15 million monthly active site users and over 40,000 publishers, brokerages, and fintechs utilizing its investing tools.
TradingView is a global team of over 200+, founded by Stan Bokov, Denis Globa and Constantin Ivanov. In 2018 TradingView completed a $37 million Series B round led by Insight Partners, and in 2019 they acquired TradeIT in order to accelerate the company’s existing vision..
Gohenry helps young people learn how to earn, save and spend responsibly. Combining web and mobile apps with a debit card with parental controls, the company gives 6 to 18-year-olds hands-on experience of managing money within a safe environment.
Parents set rules and limits, can allocate pocket money automatically, or set tasks and chores for their children to earn extra money. They and the kids can see their earnings, spending, and saving on graphs.
Children and teens can also use budgeting tools to set savings goals and track and filter spending by the retailer, size of spend, and category. It’s a way to give young people financial independence so they can learn by doing, but under a watchful eye and with no danger of debt..
Ziglu’s mission is one of fairness and financial inclusion, empowering everyone to participate in the world of cryptocurrencies, easily, safely and affordably. Ziglu offers transparent, low pricing and intuitive access to a range of cryptocurrencies including Bitcoin, Bitcoin Cash, Ether and Litecoin.
With our Mastercard debit card, Ziglu’s customers also have the freedom to spend, and through the app exchange and send money, where, when and how they want.. .
Monese is a digital banking alternative that provides mobile-only, multi-currency accounts in 31 countries across the European Economic Area, for those who are underserved by the traditional banking system. It was launched in 2015 by Norris Koppel, after his first-hand experience of the hassle involved with opening a bank account in a new country.
With a fully-featured and fully localised banking experience (both its apps and its customer service are available in 14 languages), Monese allows people and businesses to spend and save like locals across Europe. Its proprietary “Know Your Customer” technology can validate a customer’s identity in real-time, allowing accounts to be opened in a matter of minutes, from a mobile app..
Molo is the UK’s first fully-digital mortgage lender. We’re transforming the mortgage experience to make it faster, better and cheaper for our customers.
We achieve this by pioneering technology and AI, to ensure real time decision making and instant data validation, eliminating any paperwork, waiting time and hassle. Direct-to-consumer and straight to the point..
Ebury is a financial services company designed to empower small and medium-sized businesses that want to trade internationally. With Ebury’s integrated financial services and technology, small and mid-size companies can make and receive payments in foreign currencies, enjoy better exchange rates, use emerging-market currencies, hedge currency risk, benefit from liquidity, and finance transactions in more than 100 currencies, easily with a managed service.
In addition, its white-label products are offered via brokers and accountants. Ebury is a growing financial services companies, employing more than 170 people across offices in London, Madrid, and Amsterdam.
Its clients include more than 3,000 mid-size companies. It is regulated by the Financial Conduct Authority..
The one that does your books. Countingup is the UK’s #1 #banking & #accounting app.
Dead easy. Super fast.
Self sorting. “So easy to use.
I really don’t know how I ever completed business tasks without it.” J O’Kane “Simple and easy, everything a high street bank isn’t.” I’ll Cook You Pour “The future of accounting and banking…” C Ready. .
PaySend is a financial technology platform that solves the universal problem to securely enable any bank card (Visa or MasterCard) to send and receive money worldwide. It is a next generation money transfer platform allowing its users to send funds from card to card from 40 to over 60 countries.
PaySend is a trading name of PaySend plc, registered in Scotland, United Kingdom. Company number 376020.
Founded in 2015, the company is headquartered in London, England, United Kingdom.. .
MarketFinance is a business finance company with offices in London and Manchester. The online platform enables businesses to access a range of flexible finance solutions — quickly and easily.
This smart technology is backed by help from real people so business owners can save time and focus on growing their business. Since 2011, MarketFinance has advanced over £2.6 billion to companies across a range of sizes and sectors, providing working capital and finance for everything from paying staff and suppliers to launching new products or services and accelerating growth.
MarketFinance is backed by Barclays, Santander InnoVentures, European venture capital fund Northzone (invested in Klarna, iZettle, and Trustpilot), private equity group MCI Capital (also invested in iZettle, Azimo, and Gett), and Viola Credit.. .
RateSetter is a peer-to-peer lending website that allows its users to lend and borrow money directly from each other according to their own interest rates. The business primarily originates unsecured personal loans, and also arranges secured auto dealer financing and property financing.
As a peer-to-peer platform, RateSetter connects investors and borrowers and therefore does not hold deposits or loans on its balance sheet.. .
TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees. Through the company, migrants have the ability to transfer money overseas with the help of a digital account-to-account business model.
As it is a licensed and authorized payment institution controlled by the FCA under the supervision of HMRC, the company is considered as a secure way of transferring money. Since it removes the costs of international transfers, TransferGo is a fit for businesses to pay their suppliers.
It charges a fixed fee for transferring money as well as a 0.6% to 1.5% fee for the currency conversion per transaction.. .
A Peer to Peer business lender. Active in the SME finance, bridging and property development sectors.
Led by a professional team of highly experienced lending professionals with past experience lending at banks, working in insolvency practitioners and in accountancy. Finance is provided by the Assetz group investor base of more than 90,000 HNW individuals through a second generation P2P lending platform.
All loans are assessed individually and tangible security taken on all loans in a significant departure from the normally relatively unsecured nature of Peer to Peer lenders.. .
LANDBAY – The full-stack mortgage lender. Landbay facilitates retail, institutional and local government ifnvestment into UK residential mortgages.
They direct-match funding to diversified portfolios via their platform, supporting the growth of quality private rental accommodation throughout England and Wales. Landbay mortgages are originated through a network of accredited intermediaries and via strategic partnerships, including Zoopla Property Group.
Fully authorised and regulated by the FCA. No FSCS.
Capital at risk.. .
BIMA is an insurtech player using mobile technology to provide insurance and health services to emerging markets. To serve its customers, the company has developed a proprietary technology platform, established exclusive partnerships with mobile operators, and built relationships with international insurers.
BIMA utilizes its technology platform to serve customers in 13 countries across Asia, Africa, and Latin America and has reached to date 31 million subscribers.. .
Plum Fintech is a developer of personal savings assistant solutions for customers. It offers Plum that monitors the daily spending and automatically sets money aside that the user won’t need; analyzes the account to learn about the income, expenses, and spending patterns, monitors the current account and every few days transfers some money from it to the user’s Plum savings, and notifies the users about their balance.
Alex Michael and Victor Trokoudes founded Plum Fintech on February 1, 2016. It has its headquarters in London in the United Kingdom..
Moneyfarm is an independent financial services provider that offers online financial advisory and execution services in Italy, Germany, and the United Kingdom. The company enables its users to manage their money in an efficient way and offers a unique service in Europe that provides personal advice on ETFs and trading activity.
Moneyfarm identifies its users’ investor profiles through an online questionnaire and offers them one of 12 diversified investment portfolios tailored to their profiles. Launched in 2012, Moneyfarm’s revenues come only from its clients’ fees.
The company does not take any back-end fees or commissions from other financial institutions. It is headquartered in London, England..
They are Omnio. They work with you to help your business deliver innovative, reliable banking and payment services that meet both your current and future customers’ needs.
Formed in 2018 from the merger of leading Fintech specialists, PCT and Tuxedo Money Solutions, they are experts in the delivery of banking and payment solutions for business. Through our cloud-based digital platform and our back office services, they can support your business in offering reliable and robust banking-grade financial services to your customers.
With operations in Europe, Australia, North America and Africa, they support many of the world’s leading businesses and government organisations in delivering innovative and effective financial products.. .
Griffin is making a bank you can build on. They provide banking-as-a-service solutions for companies that want to offer financial services products.
The company is currently seeking regulatory approval from the PRA and FCA to become the UK’s first platform bank. It was founded in 2017 and based in London, England..
ClauseMatch is an award-winning London-based financial technology company that provides a software-as-a-service platform for smart document management. Its flagship product is a next-gen innovative online editor which brings unprecedented productivity for compliance, legal, finance, operations and risk teams saving millions in terms of time and resources, while significantly reducing risk and providing accountability.
ClauseMatch works as a real-time browser-based collaborative document editor containing in its core a detailed workflow, where comments, approvals, and changes are a part of a full audit trail. That brings complete control of content, streamlines complex workflows, removing human error for a better insight into senior management.
Every change and approval made in a document is tracked in an organized manner providing full visibility and groundbreaking reporting capabilities. Current customers include global banks that use ClauseMatch platform for centralized policies management, regulatory change management, and management of internal documentation like intra-group vendor agreements, new product approvals process, financial promotion documentation..
Form3 delivers cloud-based connectivity, payment processing, clearing and settlement services. It is a fully managed payment technology service combining a powerful AWS cloud processing platform, multiple-scheme payment gateways and a fully managed 24×7 service model.
Form3’s powerful micro-services architecture and API’s provide a single point of simple access to the full universe of payment schemes. Its clients include a wide range of regulated financial institutions, including leading banks, non-bank financial institutions, and fintech companies (payment institutions, e-money providers, and pre-paid card providers).
Form3 was founded in 2016 and is based in London, England.. .
The companies that make up Bayesian Group create software and trading algorithms. Built on top of that technology are Financial services such as market making, liquidity provision and an OTC desk that service institutional investors and other businesses.
Bayesian Fund (a segregated portfolio) is a alpha-generating hedge fund that leverages proprietary algorithms to deliver outsized returns to its institutional investors.. .
LATOKEN is a platform for assets tokenization and trading that focuses on liquidity for new tokens. It has recently entered CoinMarketCap’s Top 50 by trading volume.
Our mission is to make capital markets and trading available 24/7 T+0, with a broader range of asset classes. We aim to facilitate capital reallocation into promising businesses, which will foster job creation via higher productivity.
Major crypto pairs and ICO tokens are already available for trading on our exchange. Now we’re working on acquiring all the necessary licenses for launching a full-scale trading of asset tokens.
Key features of LATOKEN Exchange: ✅ Top 50 by daily trading volume ✅ 110+ crypto pairs available for trading ✅ Access to Token Sales at presale and crowdsale stages ✅ 80,000+ registered traders ✅ Low trading and withdrawal fees ✅ Instant exchange (LA DIRECT) ✅ Crypto/fiat gateway ✅ New trading pairs added every week ✍️ Looking for a job? Check our current job openings here or send us your CV at [email protected] .
Businesses from every walk of life use rewards to acquire, retain and thank customers but the current process is broken. Sending rewards, incentives and non-cash payouts is manual, expensive, time-consuming and error-prone.
WeGift changes this. Operating in more than 30 countries, in 22 languages, 20 currencies, with over 700 brand partners, and hundreds of clients, like Perkbox, Sodexo, New Look and Halfords among others, WeGift’s cloud-based, open API solutions allow businesses to transfer value to consumers, in real-time and globally.
Established in 2016, WeGift is backed by leading entrepreneurs and investors.. .
Transak is a single integration for applications to accept fiat-to-crypto deposits and withdrawals from a global user base. It does this by aggregating fiat on-ramps from around the world and abstracting away the complexity of local compliance, payment methods, and operations.
The Transak product is a widget integration that can be integrated into an app in just a few lines of code. It provides a fiat on-ramp for the UK, Europe, and India for the app’s end-user without leaving their site..
Chip Financial is an automatic savings application designed to simplify and automate the process of saving money. The application utilizes artificial intelligence, open banking technology, and a disruptive approach to traditional banking to automatically save money for customers, enabling users to save money and get better returns automatically.
The company was founded in 2016 and is headquartered in London, England.. .
Radix DLT is building a decentralized finance protocol that provides access, liquidity, and programmability of any asset in the world. Designed to solve many of the pain points in today’s centralized financial system – involving lack of access, poor liquidity, and high costs – the company’s protocol removes these frictions through a series of technological advancements while enabling the next generation of financial apps and services to be built.
Public ledgers, like the one developed by Radix, are managed and operated by the communities using them. This creates a decentralized, permissionless, transparent system that democratizes access to financial services while creating a network of assets to allow for the secure flow of data and capital.
The company’s protocol not only creates a permissionless, frictionless framework upon which innovative Defi services can be developed and run, but it has also solved two of the biggest challenges – scalability and security.. .
Pockit is a fintech business that focuses on providing financial services primarily to customers who are typically excluded or at least underserved by high street banks. It provides a digital banking app designed to cater to the underbanked masses.
An account with Pockit takes just two minutes to open and comes with an online account, contactless MasterCard, and mobile app. There are no credit checks, just an online form, and a one-off payment of 99p.
Account-holders can have their salary, benefits, or pension paid in via bank transfer, or with cash at any of the 30,000 PayPoint locations across the UK. The company was founded in 2012 and is headquartered in London, England..
Prodigy Finance is an online platform that offers community loans to international postgraduate students. The student borrowers gain access to higher education that they might not otherwise be able to finance, and the investing community earns financial and social return through their investments.
Banks examine student loan applications using localized lending templates and historic earnings in order to assess cross-border risk and lend to students from over 150 nationalities. These loans are collectively funded by a community of alumni, institutional investors, and qualified private investors.
Founded in 2007, the company is headquartered in London, United Kingdom.. .
Yoyo Wallet is a U.K.-based mobile wallet startup that enables its users to pay for their goods with their smartphones. The company currently processes over 150,000 monthly in-store transactions by combining payment and loyalty via an easy scan.
It also provides a marketing platform for retailers that enables digital customer engagement in-store. The multi-retailer mobile wallet offers loyalty programs and rewards offerings it can automatically deliver to customers based on buying patterns.
Launched in 2013, Yoyo Wallet receives funding from Taavet Hinrikus and TransferWise.. .
Fidel is a payments API platform for developers, providing tools to build frictionless, real-time, and personalized products on top of Visa, Mastercard and American Express payment cards. By using Fidel’s APIs developers can avoid complex integrations with payment service providers and bring their products to market in a faster, more secure, and more scalable fashion.
Today, global businesses like Google, Perkbox, British Airways and Royal Bank of Canada have partnered with Fidel to power a range of innovative experiences. Launched in 2018 by Dev Subrata and Andre Elias, Fidel is headquartered in Soho, London, with offices in Toronto, Lisbon and New York.
Fidel is backed by investors including Nyca Partners and QED Investors.. .
APEXX acts as a Payments-as-a-Service platform combining all the worlds acquirers, gateways, shopping carts, and Alternative Payment Methods into a single integration. APEXX consults its enterprise level customers to consolidate their global Payment Service Provider relationships, and display all their reporting and transactional data in a single interface.
They build the most holistic and economic solutions around their customers for face-to-face transactions as well as ecommerce globally, so they don’t have to settle for less. APEXX integrates to additional services that merchants require to streamline their services.
Some of these include: EPOS systems, VAT calculation tools, AML management services, banking services, Foreign Exchange platforms, and Fraud & Chargeback management softwares.. .
Tymit is a provider of credit cards that offers financing purchases overtime and manages the monthly budget. It helps to potentially provide a better option compared with the incumbent services, which could result in higher risk of debt problems.
The company’s card is made by leveraging updated technology that offers financial flexibility to change payment plans, no hidden fees or sneaky terms that expires without notice, enabling customers to get a credit card that is economical, transparent, flexible and feasibly available anywhere when needed. Tymit was founded by Martin Magnone and Juan Montalvo Bressi in 2017..
Hastee is an employee benefit that companies can offer to their workforce. It empowers employees to receive their earned pay immediately to increase their choice and financial wellbeing.
Companies profit from the improved productivity, engagement, recruitment & retention of their workforce, with zero cost or impact on company cash-flow. The company was founded in 2017 and is headquartered in London, England..
Curve is a banking platform that consolidates cards and accounts into one smart card and app. It allows customers to supercharge their legacy banks to the 21st century without leaving their bank or topping-up.
Curve offers a host of benefits to its customers; it makes cards fee-free when spending abroad, get instant notifications and categorization of spend, earn an instant 1% cashback at the likes of Amazon, Uber, Netflix and Sainsbury’s and Time Travel enables customers to swap spend to a different card in the app for up to two weeks after the purchase was made. Curve also offers Curve Customer Protection, a policy that covers all credit and debit card payments made via the Curve card up to £100,000, giving cardholders an extra layer of protection for disputes with merchants and any unauthorised use of their Curve card.
IDC Ventures backs Curve with Fuel Venture Capital, Vulcan Capital, OneMain Financial, and Novum Capital backs Curve. Shachar Bialick, Anna Mostyn Williams, and Tom Foster-Carter established the company in London, England in 2015..
Using big data and predictive analytics, Cazana analyses millions of automotive transactions daily to assess the value and risk associated with every vehicle on the road. Cazana’s systems are used by manufacturers, finance companies, dealerships, and insurers globally.
Companies use Cazana’s data to provide vehicles to the modern automotive consumer who wants to access, not own their vehicles.. .
Taptap Send is an app that lets immigrants send money back home to Africa instantly and at very low prices. Since launching in summer 2018, it has already moved hundreds of millions of dollars and reached hundreds of thousands of customers.
It is live in seven European countries, and support payments into Ivory Coast, Senegal, Mali, Ghana, Guinea, Cameroon, Bangladesh, Kenya, Madagascar, Zambia, Vietnam, and DRC, with more countries launching soon. .
Marshmallow is an insurtech. Being one of the only EU based insurtechs to own their own insurance company – they have total control of the entire value chain, from sign-up and pricing through to claims affording them the unrivalled ability to deliver an exceptional customer experience.
Operating in an archaic industry worth trillions of dollars Marshmallow started by doing car insurance in the UK but will offer multiple insurance products in multiple geographies – all driven by technology. They have raised around $50m to date from top tier investors..
Concirrus is a leading Insurtech specialising in transforming the future of risk selection, pricing and claims using the latest developments in data analytics, AI, machine learning, and digitalisation. Concirrus’ intelligence platform Quest, helps organisations improve loss ratios, reduce operational expense and access increased deal sizes, and new trading relationships.
By capturing and understanding customer behaviour, delivering data-rich insights at scale, underwriting teams are empowered to make rapid data-driven decisions. Over 20 market-leading companies including Marsh, Beazley, Hiscox, Chaucer and Willis Re trust Concirrus’ technology to power their risk making decisions.
Headquartered in London with international presence, Concirrus has a 100-strong team of experts that specialise in data analytics, AI and machine learning, as well as having a rich understanding of the global insurance market.. .
Paga is a mobile payment company. We are building an ecosystem to enable people to digitally send and receive money, and creating simple financial access for everyone.
Our mission is to make it simple for one billion people to access and use money. Our first market is Nigeria where Paga is the leading mobile payment company..
Tide’s mission is to help SMEs save time (and money) in the running of their businesses. The Tide platform not only offers business accounts and related banking services, but also a comprehensive set of highly usable administrative solutions, such as full integration with accounting systems.
Using advanced technology, all solutions are designed with SMEs in mind. Tide is now the emerging leader in SME challenger banking in the UK.
Tide believes that truly serving SMEs well requires relentless focus on their needs. That is why Tide is SME only..
Penfold is the new way of doing Pensions. Managed entirely on mobile, it gives people complete transparency to track everything about their pension in real time.
It myth-busts and explains pensions and retirement planning in the most simple way, and it helps you avoid building up loads of small pots every time you change jobs. We’re also an auto-enrolment platform for employers that’s probably faster, easier and cheaper than their current one.
If you have to pay all this money into a pension for your team anyway, why not do it with Penfold, where we’ll make sure they appreciate how great that is?. .
ezbob is a pioneer in the rapidly growing ‘lending-as-a-service’ (LaaS) sector. We offer a best-in-class modular and end-to-end lending solution and guide banks and financial institutions through complex digital transformation.
ezbob offers an open platform that enables financial institutions to build, launch and operate financial products for their customers, drawing on the data-rich open banking environment. It has cut loan servicing costs for clients by up to 80%, whilst allowing their SME customers to receive a lending decision in just 7 minutes, with funds transferred on the same day.
It’s proving a game changer for the lending sector. In 2019, ezbob won ‘Best Fintech Partnership’ in The Banker’s Tech Projects Awards for the company’s Smart Onboarding product and was also a winner in the Banking Technology Awards, organised by FinTech Futures..
10x Future Technologies, founded by former Barclays CEO Antony Jenkins, will transform the way financial services providers operate with its new core digital banking platform. At the heart of the platform will be a full suite of enterprise-grade capabilities covering banking process automation, compliance reporting, security and analytics, all enabled by leading technology.
10x Future Technologies will offer banks a secure, cloud-based operating system with advanced database design and data modelling services with a modular construction and open APIs. Its technology will enable a single point of entry for other financial technology providers to engage with banks through a secure connection..
Oval is a platform designed to tackle the global issue of financial literacy by empowering people to be wiser about their money. Oval helps users save quickly and effectively, by teaching them to monitor spending habits and by making savings automatic.
The app also leverages a community experience to make saving more dynamic. They have consulted the brightest minds in personal finance and behavioural economics to develop the artificial intelligence that guides users to better spending and to making regular contributions to their secure digital savings account.
With no hidden fees and robust privacy controls, Oval brings trust back into personal finance and opens it to everyone. Oval was launched in 2016, and is based in London, UK and Turin, Italy.
The team is committed to driving education, fairness, and financial inclusion in the industry. Learn more at http://www.ovalmoney.com.
Sonovate is changing how businesses of all shapes and sizes access finance and support to manage their freelance workforce. Sonovate has helped businesses, from recruitment startups to large-scale organisations who’ve grown tired of the traditional approach to finance from the banking world.
It offers a full end-to-end work pay solution, taking care of tasks such as: credit control, invoicing, payments, contracts, compliance and timesheets through its cloud-based placement management application.. .
Fluidly is fundamentally rethinking the way businesses plan and manage cashflow, using data science, accounting domain expertise and machine learning. Fluidly provides intuitive cashflow forecasting and management powered by AI.
Fluidly is for modern businesses that want to know exactly what their financial future holds and how to optimise it. Cashflow forecasting and management is the gateway to financial decision-making.
Whether you want to hire a team member, open an extra office, invest in new equipment or simply pay an upcoming bill it’s important to know you have the cash to afford it. A clear picture of your future cash position is important so you can take the decisions that count.
But traditional cashflow forecasting is broken. Monthly models built on spreadsheets take days to build and hours to update.
Even then they are too high level to manage cashflow day-to-day when it really matters. No wonder cashflow is one of businesses biggest pain points.
Enter Fluidly – intuitive cashflow forecasting powered by AI. Fluidly is for modern businesses that want to know exactly what their financial future holds and how to optimise it.
DIEM, is a circular economy-oriented fintech company, launching in the UK on September 28th 2020. It’s mission is to empower consumers to value, unlock, and enjoy wealth they never knew they had.
Best described by its founder, Geri Cupi as the “Bank of Things”. DIEM offers a highly unique service on top of regular debit card access, competitive international transfer rates and user friendly spending analytics.
In simple terms, DIEM enables consumers to receive instant payments for their things.. .
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