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The top 250 up-and-coming FinTech companies have been announced. In the Netherlands, a top 50 was previously compiled. More than 16,000 FinTech enthusiasts voted for their favourite FinTech company. In addition, a jury panel - consisting of FinTech experts, investors and innovation leads from banks - assessed the companies.
The Fintech 250: the world's best fintech companies in 2021
The financial services sector continues to attract tech companies that are changing the way people and businesses spend, save, borrow, invest and more.
From cryptocurrency to payment solutions and digital banking to wealth management, the Fintech 250 are among the most promising organisations globally.
The companies are by CB Insights’ Intelligence Unit selected from a pool of 17,000+ companies.
Top 3 highlights
❯ Unicorns: 118 out of 250 companies are worth $1 billion or more;
❯ Funding trends: By 2021, these 250 companies will have raised $40.3 billion in equity funding;
❯ Representation: 36% of the Fintech 250 are based outside the USA. In second place is the UK, followed by India.
Who were the winners in the Netherlands?
At the last Dutch Dutch FinTech Awards, the following companies were the winners:
Adyen (overall winner) AcceptEmail (Payments & Transfers), Five degrees (Innovative Banking), Bux (Personal Finance), Bitonic (Bitcoins) Sparkholder (Intelligence & Analytics) and Symbid (SME finance).
The three best FinTech companies by category
The three best FinTech companies per category emerge from the Dutch FinTech top 50 and they will be able to profile themselves during the Dutch FinTech Awards in the form of a pitch with Q&A.
This edition's categories are: Blockchain - DLT, InsurTech, Payments & Transfers, Innovative Banking, Lending - Financing - Investing and Risk - Intelligence - Security.
In addition to the existing FinTech companies, the three most innovative traditional institutions will also showcase, namely ING, Rabobank and Van Lanschot.
This appeared on FM.NL on 4 April
What is FinTech?
The word FinTech is the abbreviation of financial (financial) and technology (technology). So when you combine a financial service with the latest technological developments, it is often called a FinTech product.
They are often innovative IT companies where a digitisation battle is being waged on traditional services with modern apps and other online tools. They have been popping up like mushrooms in recent years.
The innovation technology allows for, for example, fast credit and are complementary to traditional financial providers. These so-called FinTech companies are set to completely transform banking. Sometimes they complement already existing service providers but regularly they offer genuinely newer and more modern capabilities.
FinTech companies are not in every way competition for already established traditional providers. Instead, it is often an opportunity for banks, for example, to move with the times and modernise. You therefore see more and more collaborations emerging between these two types of companies.
Want to know more about FinTech?
Questions based on this article about FinTech or FinTech companies? Or would you like to know more about digitising business expenses and declarations?
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FinTech companies | Awards | Agile
