The Top Fintech Startups You Should Watch In 2020

Thanks to the growth and spread of technology, more businesses, especially startups, are discovering the importance of fusing finance and technology.

13:45 15 September 2020

This fusion has opened up a different way for most startups to view the financial world. Here are examples of the top fintech startups of 2020.

 

Tala

 

 

This is a fintech company that deals with financial credit. It is located in Santa Monica, California. With this platform, people from underserved parts of the world like Mexico, the Philippines, or Tanzania can access credit. Through its app, Tala can quickly identify users with no credit history. If one has a bad credit history, it can also underwrite the consumer.

 

Morningstar

 

 

Morningstar is an investment fintech company that is located in Chicago, Illinois. This startup offers its clients an array of services and products. These services help the company to connect their clients to professional-grade information and financial research. This, in turn, helps investors make better decisions when investing.

 

Securitize

 

 

This platform deals with the management and issuing of digital securities on the blockchain platform. Some of the services Securitize fulfills include share buy-backs, dividends, and distributions. It also has a Digital Securities Protocol that enables fully compliant and seamless trading across different markets.

 

To accomplish seamless trading across all platforms, Securitize has partnered with broker-dealers, escrows services, custodians of crypto, exchanges, and other digital securities.

 

Lolli

 

 

Thanks to this Fintech startup, people can earn bitcoin points as a reward every time they shop. Lolli has partnered with over 500+ brands worldwide to help them increase conversations and sales on their websites. When a customer buys on one of their partner sites, Lolli gets a percentage. That percentage is then split with you. Your share is sent in the form of bitcoins to your Lolli wallet.

 

Radpay

 

 

This Phoenix-based fintech startup is fast changing the way global card payments work. The changes that Radpay has instituted over the years have been possible thanks to its patent-pending merchant card solution. This card can blend with distributed ledger technology and mobile devices. With such an integration, you are guaranteed of more transparency, security, and convenience.

 

Enfusion

 

 

This Chicago based fintech startup has software meant to assist institutional asset managers, hedge funds, accounting, and even operations. The goal of this software is to give clients a comprehensive view of these sectors to help in enhancing their operational efficiency.

 

Optiver

 

 

With a significant presence in Chicago, Optiver has solidified its stance as a Fintech startup in the investment sector. This trading firm focuses on helping clients make the right decisions. This company also facilitates the buying and selling of bonds, stocks, options, and futures. It also helps provide clients with extra liquidity to exchange in different parts of the world. You can also learn how to invest in a bear market.

 

Verifi

 

 

Located in the heart of California, Verifi offers companies risk management services and payment protection solutions. The businesses they help are from different industries. This creates a platform where the company can let merchants, cardholders, and issuers access real-time data. With real-time data, businesses can acquire quicker resolutions.

 

This software payment platform also helps companies stop and fight chargebacks, battle fraud, securely process payments, and increase billings.

 

Suplari

 

 

This platform uses machine learning to help businesses better their management costs. With the efficiency of this fintech startup, operations department, finance, and procurement can use it to analyze the company’s spending trends. It also enables companies to hit their savings goals and find ways they can cut down their spending. Some of the companies that have successfully used this platform to cut down on expenses, analyze, and predict are Nordstrom, Wayfair, and Spending Tree.

 

Gravity Payments

 

 

Located in Seattle, this fintech start is a payment platform that has helped lots of small businesses acquire flexible processing solutions with lower rates. This startup’s platform also helps in streamlining the financial transaction process of various companies. Thus, making it easy to use everything from POS systems, gift cards, to credit cards.

 

The fusion of finance and technology came to make services and products more available. The good thing is that with all the startups available today, you can never go short on a product that will suit your needs.