There’s more to the Forbes Fintech 50 list than just an awesome logo featuring George Washington wearing wrap-around shades. Forbes compiled the list by soliciting information from 300 startups, then interviewing more than 150 CEOs, founders, and industry experts. To make the cut, companies were required to have operations in the U.S. and a viable product.*
Simply put, Forbes describes the companies on the list as “small firms destined to have a big impact on your financial future and possibly upend your portfolio.”
This year, 20 Finovate and FinDEVr alums made the cut:
- Founded: 2012
- HQ: London
- Funding: $30 million
- Customers: 14 large banks and 140 buy-side firms
- FinovateFall 2014 demo
- Founded: 2008
- HQ: New York City, New York
- Funding: $105 million
- FinovateFall 2011 demo
- Founded 2007
- HQ: Chicago, Illinois
- Exit: Purchased by PayPal in 2013 for $800 million
- FinovateSpring 2013 demo
- FinDEVr San Francisco 2015 presentation
- Founded: 2014
- HQ: San Francisco, California
- Funding: $43.7 million
- FinDEVr San Francisco 2015 presentation
- Founded: 2007
- HQ: San Francisco, California
- Funding: $368.5 million
- Valuation: $3.5 billion
- FinovateSpring 2009 demo
- Founded: 2009
- HQ: Washington, D.C.
- Exit: Purchased by Morningstar in 2014 for $52.5 million
- FinovateFall 2015 demo
- Founded: 2013
- HQ: Cambridge, Massachusetts
- Funding: $58 million
- Valuation: $650 million
- FinovateEurope 2014 demo
- Founded: 2009
- HQ: New York City, New York
- Exit: Purchased by Northwestern Mutual in 2015 for $250+ million
- FinovateFall 2013 demo
- Founded: 2010
- HQ: San Mateo, California
- Funding: $126 million
- Valuation: $800 million
- FinovateSpring 2014 demo
- Founded: 2009
- HQ: Redwood City, California
- Funding: $104 million
- FinovateSpring 2014 demo
- FinDEVr San Francisco 2015 presentation
- Founded: 2012
- HQ: San Francisco, California
- Funding: $15.3 million
- FinDEVr San Francisco 2014 presentation
- Founded: 2005
- HQ: San Francisco, California
- Funding: $360 million
- FinovateSpring 2009 demo
- Founded: 2001
- HQ: Boston
- Funding: $23.8 million
- Users: 50,000
- FinovateSpring 2013 demo
- Founded: 2012
- HQ: San Francisco, California
- Funding: $38.4 million
- FinovateSpring 2013 demo (under the name OpenCoin)
- Founded: 2009
- HQ: Portland, Oregon
- Exit: Purchased by BBVA in 2014 for $117 million
- FinovateFall 2011 demo (under former name BankSimple)
- Founded: 2010
- HQ: London
- Funding: $91 million
- FinovateEurope 2013 demo
- Founded: 2013
- HQ: San Francisco, California
- Funding: $6 million
- FinovateSpring 2015 demo
- Founded: 2013
- HQ: San Francisco, California
- Funding: $9.6 million
- FinovateSpring 2015 demo
- Founded: 2008
- HQ: Palo Alto, California
- Funding: $129.5 million
- FinovateSpring 2009 demo (under former name KaChing)
- Founded: 2006
- HQ: San Mateo, California
- Funding: $16.4 million
- FinovateFall 2015 demo
- FinDEVr San Francisco 2015 presentation
*While the list excludes financial giants, Forbes included startups acquired by larger companies but operating independently.