Financial services continue to attract tech companies. These companies are changing the way people and businesses save, borrow, and invest. This is also helping to attract funding that can help the companies grow. It can be difficult to identify the top players in the fintech industry as more companies enter the space.
It is not surprising to see the explosion in fintech startups. Many financial institutions, such as banks, have made tech-driven improvements. Markets are witnessing a shift away from mobile stock services and digital loans to eCommerce payment platforms, and digital modes for currency exchanges. These digital financial access options are rooted in the digital financial market. This article lists the 10 most innovative fintech startups in the fintech industry.
Meet the Top 10 Fintech Startups Making Waves in the Fintech Sector
1. Forward Financing
Forward Financing is a financial technology company based in Boston, that provides flexible working capital for small businesses across the country. Customers can spend more time growing their businesses thanks to dedicated account representatives and proprietary technology. Forward Financing is easy to use and secure. Business owners can apply online for approvals in minutes, funding within hours, as well as personalized support when they are most needed.
Forward Financing has provided funding of over $1.2 million to more than 33,000 small businesses since 2012, expanding Main Street’s credit access. The Better Business Bureau rates the company as A+ and it consistently gets top ratings on all major review platforms. In 2017, Forward Financing was named by both Inc. Magazine as well as the Boston Business Journal as one of the fastest-growing companies in Massachusetts. Forward Financing is dedicated to helping small business owners succeed, and reach their full potential.
Fyp is a prepaid card that empowers teenagers with financial literacy. You can use your Fyp Prepaid card to make offline and online payments without opening a bank account. Innovative technology is used by the company to simplify the learning process and manage expenses for young tech-savvy minds. The prepaid card allows parents and teenagers to manage both their online and offline transactions easily. It also features gamification features to help instill financial literacy among teenagers. The app allows them to view their spending history and can even check it.
3. Gravity Payments
Gravity Payments delivers friendly, world-class, in-house customer service. It is used by over 13,000 merchants in America. This saves them thousands of dollars and frustration. It aims to make credit card processing as easy as possible. The company’s specialties include mobile payment processing, POS solutions, electronic payment processing, Working Capital Funding, Integrated Payments, WeChat Pay, Alipay, Affordable Merchant Services, Best Credit Card Processor, Best Merchant Services, Accept Payments, Recurring Billing, and eCommerce.
Originally published on The Tech Trend