Juniper Research has compiled a list of the top 10 fintech companies to watch, based on their funding, product offerings, and innovative potential. These companies are expected to be leaders in the fintech space by 2025. Here are the rising stars shaping the future of financial technology:
10. BeZero
BeZero is a carbon credit ratings agency based in London, founded in 2020. Valued at approximately $1 billion as of November 2022, BeZero is making significant strides in sustainability by offering a unique platform for carbon credit evaluation.
9. Mercury
Founded in 2017, Mercury is a digital-only banking platform tailored for early-stage startups. Following the collapse of Silicon Valley Bank in 2023, Mercury expanded its customer base significantly and is now valued at $1.6 billion. The San Francisco-based fintech continues to disrupt the banking sector for startups.
8. Volt
Volt, a London-based fintech founded in 2019, specializes in real-time payment solutions. With $60 million in funding and a valuation of $350 million, Volt is well-positioned to transform the payments landscape, offering instant and seamless payment services.
7. Tabby
Tabby, launched in 2019 in Riyadh, Saudi Arabia, operates in the Middle East and North Africa as a Buy Now, Pay Later (BNPL) service. Valued at $1.5 billion following a $200 million funding round, Tabby became the region’s first fintech unicorn, revolutionizing the BNPL market.
6. Zuora
Zuora is a B2B payments platform founded in 2007 and based in Redwood City, California. The company went public in March 2018, and with a market capitalization of $1.52 billion, Zuora continues to innovate in the subscription-based economy and B2B payment solutions.
5. Xapien
Xapien, a regulatory technology firm based in London, was founded in 2018. Specializing in risk, regulatory, and reputational research, Xapien has raised $17.8 million in funding. The company plays a vital role in helping financial firms manage compliance and regulatory risks.
4. Monobank
Monobank, founded in 2017, is a mobile-only bank from Ukraine with a valuation of over $1 billion. Known for its innovative digital banking approach, Monobank continues to grow its influence in the fintech space and is a leader in the Ukrainian market.
3. Billie
Berlin-based Billie, founded in 2016, is a B2B payments platform that focuses on simplifying payments for businesses. After a $100 million funding round in 2021, Billie reached a valuation of $640 million and is rapidly becoming a leader in the European B2B payment sector.
2. dLocal
dLocal, an e-commerce payments platform based in Montevideo, Uruguay, was founded in 2016 and went public in 2021 with a market capitalization of $2.65 billion. As Uruguay’s first fintech unicorn, dLocal is setting the stage for e-commerce growth across emerging markets.
1. SteelEye
At the top of the list is SteelEye, a regtech firm based in London. Founded in 2017, SteelEye offers integrated surveillance solutions to help financial firms meet regulatory requirements and manage risk. The company raised $21 million in 2022, bringing its total funding to $43 million, positioning it as a leading player in regulatory technology.
These ten fintech companies are poised to shape the financial technology landscape in the coming years, offering cutting-edge solutions in sustainability, payments, digital banking, and regulatory compliance.
