Join 73,894 users and earn money for participation

7 of the Biggest Fintech companies of the world

4 29 exc boost
Avatar for Macronald
Written by   713
2 months ago

If you are talking about easier, better, and technological ways of rendering financial services, then you must be talking about Fintech.

Fintech is the short form for financial technology. It simply implies the use of technology in rendering financial services.

The services of Fintech range from anything money transfer and automated investment platforms, and beyond.

In our contemporary times, the adoption of Fintech in financial companies and other related financial services is on the high rise.

Between 2012 and 2015, fintech companies experienced a whooping growth in investments worldwide. In 2017, the total amount of investment in the sector was recorded at $50 billion. It skyrocketed to an alarming $111 billion in 2018. Last year (2019), the total value reached $135 billion.

If any finance company is interested in doing it better and smarter, they should be very concerned about applying technology into their financial services, and ofcourse a lot of companies have done that globally and have also experienced their own shares of growth.

We are quickly going to be looking at 7 of the biggest Fintech companies of the world.

1. Ant financial

If we are not mistaken, Ant financial is the biggest Fintech company all over the world

Ant Financial, based in Hangzhou city, China, owns several financial services heavyweights, including Alipay, the largest online payment platform, and Yu’e Bao, the world’s third-largest money market fund. It also runs a private credit rating system called Sesame Credit.

The company was established after Alipay (formally a subsidiary of Alibaba Group) was re-branded as Ant Financial Services in 2014. In the following year, the company secured a hefty $6.5 billion investment from China Investment Corp and other local institutional investors.

Today, the world generally based on the companies worth have declared this company the biggest all over the world.

There worth is around $150 billion.

2. Stripe

Stripe is a financial company that is based in financial payments. The company allows users to make and receive online payments without much struggle. If you are looking for an easier way to make online payments without much protocols, Stripe is the answer.

The stripe company was established in 2011. The first investment with this company was worth $2 million from Peter Thiel, the co-founder of PayPal. The company was worth a $100 million in 2012.

The company since inception has been experiencing a lot of successes and growth. In September 2019, the company raised $250 million at a $35 billion valuation from some of the most prominent venture funds in the world, including Sequoia Capital and General Catalyst.

Their huge succeses can be attributed to their System of administration which is second to none.

3. Adyen

Adyen is Europe's number one Fintech company. This company was established in 2006, and since then have realized a valuation of $22 billion.

It is an online payment company that allows businesses and merchants to receive payments anywhere in the world.

You can send and receive payment with Adyen anytime and anywhere in the world.

Sending and receiving of payment is through card system such as Visa card and Master card. There are also local methods of receiving payments.

4. Coinbase

Digital currency is the life of this company. That is to say that the progress of the company is directly dependent on the continious existence of digital currencies more especially cryptocurrencies.

The cryptocurrency explosion in 2017 made a great impact on the company as they experienced a whopping increase starting from that time. They realized a valuation of about $8 billion. Today, Coinbase is the most popular and biggest trading platform for cryptocurrencies especially Bitcoin and Ethereum.

5. Greensky

GreenSky company founded in 2006, is an online lending pro. They are simply the world’s most valuable online lender. The company is in the United States, providing banks with means to facilitate loans to consumers for their various online needs. Unlike other online lending services, GreenSky always make loan readily available since they partner with banks and institutions rather than depending on its own capital.

In 2014, GreenSky raised $300 million in new capital, and yet another $50 million in 2016. Its valuation increased all-time high to $4.5 billion after completing a $200 million funding round led by PIMCO in 2018.

6. Root insurance

Root Insurance is a car based insurance company, established in 2015. Root company is the best car insurance company in the world. The company adjusted its premium rates after assessing consumer’s driving behavior using a proprietary smartphone app.

The company also tends to promote good driving behavior by making sure that they insure " good driver's" Which is one of the major policies of the company.

Root became the first insurance company to provide discount offerings to car (Tesla) owners for using autopilot mode.

In 2018, Root achieved a Unicorn status, the first non-medical insurance startup to do so. The company raised $350 million in new capital at a $3.6 billion valuation in 2019.

7. Kabbage

Kabbage is a like a family friend to small scale businesses as they offer loans to small scale businesses in the U.S.

Kabbage inc. is an online financial company based in Atlanta, Georgia.

They make funds and loan available to small scales through automated lending platforms.

In 2017, Kabbage had more than 130,000 customers and issued $4 billion in loan amounts. The same year, it received a new $250 million investment from Softbank.

Kabbage is a legitimate option for Paycheck Protection Program loans. Since the COVID-19 crisis began, Kabbage has made this its priority. It can process PPP loans up to $2 million.

In the year 2017, their revenue was about 200 million dollars.


$ 11.38
$ 11.13 from @TheRandomRewarder
$ 0.10 from @Idksamad7869
$ 0.10 from @carolinacardoza
+ 2
Sponsors of Macronald
Avatar for Macronald
Written by   713
2 months ago
Enjoyed this article?  Earn Bitcoin Cash by sharing it! Explain
...and you will also help the author collect more tips.


I barely know them. Coinbase is the only one I'm kinda familiar with.

$ 0.05
2 months ago

I haven't encountered. those 6 exept for Coinbase. And this article gave me an introduction to them .

$ 0.05
2 months ago

Too bad I am not familiar with the company called Fintech but the recommendations you gave makes them look really legit.

If I don't know all, I know coin base and I have checked in there a few times.

$ 0.05
2 months ago

Fintech is from the words Finance and Technology.... It refers to companies or businesses that use technology to facilitate financial services.

$ 0.00
2 months ago