Forbes is out with its ninth annual Fintech 50 this morning, a subjective list of the hottest startups in fintech.
The list is created by Forbes editors, is only open to private companies and it involves analyzing data as well as interviews with company CEOs and industry insiders. Profitability does not appear to be a major consideration.
Some of the biggest names in fintech like Stripe, Plaid, Chime, Ramp and MX are on the list as well as many lesser-known firms.
B2B firms made up the largest segment with crypto and real estate having a total of five companies combined on the list.
Congrats to everyone who made the 2024 list.
Featured
> The 50 Hottest Fintech Startups
By Jeff Kauflin
Despite the industry’s funding woes, some startups–particularly those serving others business—are thriving. Here’s the Forbes Fintech 50 for 2024.
From Fintech Nexus
> Banks and merchants can successfully balance accessibility with responsible POS financing in 2024
By Yaacov Martin
Bank lending is often the least expensive form of financing but it is not often a consideration at the point of sale. Advances in embedded lending now makes this possible.
> Analyzing Payment Analytics: Quantum Leaps Beyond the Swipe
By Priya Kumari
There is a treasure trove of data within a payments flow. By understanding payments analytics fintechs and banks can transform the user experience.
Podcast
Luke Voiles, CEO of Pipe, on the optimal way to approach small business lending
The CEO of Pipe, Luke Voiles, discusses the fintech approach to small business lending and why it is so important to be in…
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- Europe: Finom, a European challenger bank for SMEs, raises $54M
Finom, a European challenger bank aimed at SMEs and freelancers, has raised €50 million ($54 million) in a Series B equity round of funding. Founded out of the Netherlands in 2019, Finom lets businesses open up an online bank account in minutes and receive an IBAN (International Bank Account Number) to support cross-border transactions.
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- Source: https://www.fintechnexus.com/fintech-nexus-newsletter-february-13-2024-the-50-hottest-startups-in-fintech-according-to-forbes/