The FinTech50 2018:

  • Aid:Tech

    IE

    Aid:Tech

    Banking

    :

    Aid:Tech

    Aid:Tech was the the first company in the world to successfully deliver aid to Syrian refugees completely transparently using Blockchain technology.

    Founded in 201, the Dublin-based business seeks to create a more equitable global system to deliver welfare, donations, remittances, and healthcare to those in need.

    Aid:Tech provides enterprise level solutions to international NGOs, governments and corporates to help them tackle some of most entrenched issues in their fields. By making it possible to deliver digital entitlements through Blockchain technology and Digital Identity, it address some of the largest obstacles in global development, including legal identity, financial inclusion and corruption.

    Company

    Aid:Tech

    Key people

    CEO: Joseph Thompson; Founders: Joseph Thompson, Niall Dennehy

    Founded

    2014

    Funding

    Total funding: $1.16M; Latest funding: $1M, June 2018

    HQ

    Dublin, Ireland
    IE

    Sector

    Banking

    Website

    aid.technology

  • AQMetrics

    IE

    AQMetrics

    RegTech

    :

    AQMetrics

    AQMetrics provides integrated capital markets surveillance and compliance solutions to alternative investment management and broker/dealer companies. Through its suite of cloud based solutions, AQMetrics supports a full range of global regulatory reporting for recent and emerging directives including MAD II, MiFID II and the AIFM Directive. The firm also provides a complete reporting solution that enables risk aggregation and is based on OPERA. AQMetrics proprietary risk analytics empowers the automation of traditionally resource-intensive and error-prone processes to ensure intuitive, fast, and cost effective electronic compliance risk management, regulatory reporting and document management.

    In January, the Maynooth based RegTech announced it was looking to double headcount and open an office in mainland Europe on the back of a number of recent big contract wins.

    Company

    AQMetrics

    Key people

    CEO & Founder: Geraldine Gibson

    Founded

    2012

    Funding

    Total funding: £5.8m
    Most Recent Financing Status
    (as of 20-Dec-2018)
    The company raised EUR 3 million of venture funding from Bluff Point Associates, ACT Venture Capital and Frontline Ventures on December 7, 2018. The funds will be used to help financial firms keep up with regulations.

    HQ

    Kildare, Ireland
    IE

    Sector

    RegTech

    Website

    aqmetrics.com

  • Azimo

    GB

    Azimo

    Money transfer, Remittances, Financial inclusion

    :

    Azimo

    Azimo enables payments from Europe to more than 200 countries and territories in more than 80 currencies, reaching more than 5 billion potential customers.

    In April 2019 Azimo secured a licence from the Dutch Central Bank to operate its services in the Netherlands. It also opened an office in Amsterdam to grow its share of the market for cross-border payments from Europe, a market valued at over EUR 1 trillion.

    Azimo also announced a strategic partnership with leading African payments business Interswitch Group to further enable instant money transfers from 23 countries in Europe to any customer in Nigeria - Azimo’s biggest market.

    Company

    Azimo

    Key people

    CEO: Richard Ambrose; Founder(s): Ricky Knox, Michael Kent, Marta Krupinska

    Founded

    2012

    Funding

    Total funding: $66M; Latest funding: $20M Series C May 2018

    HQ

    London, UK
    GB

    Sector

    Money transfer, Remittances, Financial inclusion

    Website

    azimo.com

  • Billon

    PL

    Billon

    Blockchain

    :

    Billon

    Eight Polish banks have been in trials since last November with Billon, a Warsaw-headquartered blockchain technology company, which is also an FCA-registered e-money institution. In May, The Polish Credit Office BIK, the largest credit office in Central and Eastern Europe, announced a ground-breaking partnership with Billon to implement a blockchain technology solution to secure access to highly sensitive customer information. The partnership has the potential to to reach more than 24 million people, and provide them with a document management system, cheaper than paper, that is suitable for all their financial, insurance and medical records all in one place.

    Company

    Billon

    Key people

    CEO & Founder: Andrzej Horoszczak

    Founded

    2012

    Funding

    Total funding: $13.7M; Latest funding: $1.16M, Grant, June 2018

    HQ

    Warszawa, Poland
    PL

    Sector

    Blockchain

    Website

    billongroup.com

  • Bud

    GB

    Bud

    Open banking

    :

    Bud

    Bud believes that open banking will fundamentally change the way we think about our money.

    The award-winning start-up rebundles the FinTech landscape by making disparate financial services and apps work better together. An app and website, Bud works with consumers, banks and FinTechs to help consumers find and use the most helpful financial products and build their own banking experience.

    In October 2017, Bud signed a deal with banking giant HSBC and raised £1.5M from backers including investment bank Investec and Spain's Sabadell Bank. It is in talks with over 40 banks around the world about possible partnerships.

    In June 2018, the two-year old business launched The Bud Exchange, Bud.X, to give firms access to its own marketplace featuring P2P lenders such as RateSetter and Zopa, as well as Open Banking infrastructure – letting them set up payments and see a range of accounts on behalf of users.The new portal will be guided by financial and technology companies including Wealthify, Scalable Capital and AJ Bell.

    In August 2018, Bud announced it is developing artificially intelligent software that automatically detects when an individual is paying rent and prompts them to get the payments verified. These verified payments are then gathered into a ‘rental profile’ and are able to be shared via API technologies to digital mortgage brokers, banks and other relevant services such as Credit Ladder, and RentalStep, the other winners of the challenge. the goal for their technology is to help people understand the usefulness of the data hidden n their bank and to get more renters with thin credit files approved for mortgages and onto the housing ladder.

    Company

    Bud

    Key people

    CEO: Edward Masleveckas; Founders: Edward Maslaveckas, George Dunning

    Founded

    2015

    Funding

    Total funding: $2.1M Seed Oct 2017

    HQ

    London, UK
    GB

    Sector

    Open banking

    Website

    isisbud.com

  • Bunq

    NL

    Bunq

    Mobile banking

    :

    Bunq

    Netherlands-based neobank, Bunq, developer of a banking system designed to offer a clean alternative to traditional banking.

    Immediate access from a mobile device individuals can setup dedicated bank accounts, request their money back for something they paid upfront for and use one card for multiple bank accounts, enabling businesses to offer debit cards to their employees for them to make real-time payments or turn their smartphones into a mobile contactless payment terminal.

    Bunq promotes itself as being “sustainable by default”, because they only invest ethically.

    Company

    Bunq

    Key people

    CEO & Founder: Ali Niknam

    Founded

    2013

    Funding

    Total funding raised to date £175.5m as of June 2021 post money valuation £1.42Bn
    Most Recent Financing Status
    (as of 17-Jun-2021)
    The company received EUR 160 million of development capital from undisclosed investors on June 17, 2021. The transaction values the company at EUR 1.65 billion.

    HQ

    Amsterdam, Netherlands
    NL

    Sector

    Mobile banking

    Website

    bunq.com

  • BUX

    NL

    BUX

    Trading

    :

    BUX

    Operator of a fintech firm intended to offer a multitude of retail investment applications. The company's applications offer mobile zero-commission stock and ETFs investing platform, a mobile speculative derivatives trading platform and a platform where people can invest in real cryptocurrencies, enabling users to invest in the financial markets in a more accessible, intuitive and affordable manner.


    Company

    BUX

    Key people

    CEO: Nick Bortot; Founder(s): Nick Bortot, Robbert Bos, Joost van de Wijgerd, Egbert Pronk

    Founded

    2013

    Funding

    Most Recent Financing Status (as of 24-Jun-2021)
    The company raised $80 million of Series C venture funding in a deal led by Prosus Ventures and Tencent Holdings on April 22, 2021. Endeit Capital, S7V, and 5 other investors also participated in the round.
    The company will use the funding to promote international expansion, accelerate the European expansion of BUX Zero, the broker's investment app, continue its role of innovative pioneer by shaping the future of European investments with new functions, further accelerate its roll-out of zero commission investing across Europe and accelerates its a vision to become the leading destination for Europeans who want to do more with their money.

    HQ

    Amsterdam, Netherlands
    NL

    Sector

    Trading

    Website

    getbux.com

  • Clark

    DE

    Clark

    Insurance

    :

    Clark

    Insurance-robo-advisor Clark closed the largest Series B financing of any European InsurTech to date in April, led by FinTech investor Portag3 Ventures and transatlantic fund White Star Capital.

    Clark enables end customers to manage their insurance portfolios digitally and transparently via their smartphone or computer. Utilizing its innovative robo-technology, customers receive an assessment of their contracts as well as personalized insurance optimizations. Leading digital banks, like N26 and DKB, have also realized the potential of this InsurTech. Over 10 million bank customers in Germany now have access to the digital insurance services of Clark via partnerships. Since its founding in July 2015, Clark has become one of the largest digital insurance players in Europe.

    Company

    Clark

    Key people

    CEO: Dr Christopher Oster; Founders: Dr Christopher Oster, Dr Marco Addelt, Steffen Glomb

    Founded

    2015

    Funding

    Total Funding: £94.07M as of June 2021
    Latest Funding: Most Recent Financing Status (as of 25-Mar-2021)
    TA Ventures sold a stake in the company to an undisclosed buyer. Previously, The company raised EUR 69 million of Series C venture funding in a deal led by Tencent Holdings on December 25, 2020. Yabeo Capital, Portag3 Ventures and White Star Capital also participated in the round. The funds will be used to continue growing the company's product and services into 2021.

    HQ

    Berlin, Germany
    DE

    Sector

    Insurance

    Website

    clark.de/de

  • ClauseMatch

    GB

    ClauseMatch

    RegTech, Smart Document Management

    :

    ClauseMatch

    ClauseMatch is an award-winning financial technology company that provides a software-as-a-service platform for smart document management.

    The company's platform applies machine learning to help compliance, legal, finance, operations and risk departments to automate impact assessments, streamline the implementation of regulatory change and to collaborate on thousands of documents across the entire organization, enabling companies to standardize and automate processes and workflows across teams, reduce costs, speed up implementation and demonstrate compliance.

    They received $2.5 million of debt financing in the form of venture debt funding from Silicon Valley Bank on May 28, 2019. The funds will support the company's continued growth in Europe and Asia.

    Company

    ClauseMatch

    Key people

    CEO: Evgeny Likhoded; Founder: Evgeny Likhoded, Andrey Dokuchaev

    Founded

    2012

    Funding

    Latest Funding: $2.5M - Venture Debt, May 2019; Total Funding: $9.3M

    HQ

    London, UK
    GB

    Sector

    RegTech, Smart Document Management

    Website

    clausematch.com

  • ClearBank

    GB

    ClearBank

    Banking as a service, payment processing, core banking

    :

    ClearBank

    ClearBank is a next generation UK clearing and agency banking platform built with the customer in mind. The Company’s innovative platform serves FinTech businesses and banks, and offers the UK banking industry’s first and only real-time, straight-through clearing capability.

    The company's clearing banking system offers a core banking platform and helps in liquidity management and transaction analysis, enabling businesses and individual customers to move money between different accounts and clear cheques via any authorized UK payment system.

    Company

    ClearBank

    Key people

    Executive Chairman / Founder: Nick Ogden; CEO: Charles McManus

    Founded

    2016

    Funding

    Total funding: £154.9M with a post money valuation £342.32m as of March 2021
    Most Recent Financing Status (as of 28-May-2021)
    The company raised GBP 18.00 million of venture funding from undisclosed investors on March 29, 2021, putting the company's pre-money valuation at GBP 324.32 million.

    Investors include Northern Private Capital based in Toronto.

    HQ

    London, UK
    GB

    Sector

    Banking as a service, payment processing, core banking

    Website

    clear.bank/home

  • ComplyAdvantage

    GB

    ComplyAdvantage

    AML, Compliance, RegTech

    :

    ComplyAdvantage

    ComplyAdvantage is building the world’s only global AI-driven database of people and companies to power anti-money laundering and financial crime detection.

    ComplyAdvantage embraces data science and Machine Learning to analyze risk computationally, and actively identifies tens of thousands of risk events from millions of structured and unstructured data points every day. The company’s configurable cloud services help automate and reduce the frustration of detecting fraud and complying with sanctions, anti-money laundering (AML) and counter-financing of terrorism (CFT) requirements.

    In the past year, the London RegTech has grown in annual recurring revenue (ARR) by 300 per cent, has over 400 customers and employs more than 200 people around the world.

    Company

    ComplyAdvantage

    Key people

    CEO / Founder: Charles Delingpole

    Founded

    2014

    Funding

    Total funding: $38.2M; Latest funding: $30M, Series B, Jan 2019 - Index Ventures

    HQ

    London, UK
    GB

    Sector

    AML, Compliance, RegTech

  • Curve

    GB

    Curve

    Mobile Payments

    :

    Curve

    Curve is on a mission to simplify the way people spend and save their money. With old banks, new banks, credit cards, travel cards, investment apps, loyalty schemes and more, people are inundated with choice in a fragmented financial world. Backed by a who's who of VCs and fintech influencers, the London-based start-up is solving the problem by combining all of your bank cards into one Curve MasterCard, and all of your banking services into one powerful mobile app. In July 2017, Curve announced Series A funding of $10M from a wide range of investors, including Connect Ventures, Santander InnoVentures and Investec.

    Company

    Curve

    Key people

    CEO & Founder: Shachar Bialick

    Founded

    2015

    Funding

    Latest investment: $10M Series A July 2017; Total investment: $12M

    HQ

    London, UK
    GB

    Sector

    Mobile Payments

  • Duco

    GB

    Duco

    Big Data

    :

    Duco

    Duco’s mission is to change the way the world controls its data. By leveraging intelligent technology with a focus on self-service, we empower anyone in any business to deal with complex data issues. Since launching our data control platform Duco Cube in April 2013, Duco has onboarded businesses on five continents and established offices in New York and Luxembourg. Technology solutions cover a wide range of areas, including data normalisation, migration, regulation and reconciliation, enabling clients to address their strategic data management needs.

    Company

    Duco

    Key people

    CEO & Founder: Christian Nentwich

    Founded

    2012

    Funding

    Latest Funding: $28M Series B Jan 2018; Total Funding: $28M

    HQ

    London, UK
    GB

    Sector

    Big Data

    Website

    du.co

  • Ethereum

    Ethereum

    Blockchain

    :

    Ethereum

    Ethereum’s decentralised blockchain and digital currency Ether are becoming widely used tools for building decentralised apps. In January, R3 announced the completion of a distributed ledger experiment involving eleven of the world’s biggest banks, connected on an R3-managed private peer-to-peer distributed ledger underpinned by Ethereum technology.

    Company

    Ethereum

    Key people

    CEO: Vitalik Buterin; Co-Founder: Gavin Wood

    Founded

    2014

    HQ


    Sector

    Blockchain

    Website

    ethereum.org

  • Everledger

    GB

    Everledger

    Blockchain

    :

    Everledger

    Developer of a global digital ledger platform designed to track and protect valuable assets. The company's digital ledger uses blockchain technology and a distributed ledger system to reduce fraud-related instances of valuables and generate more leads or provide evidence of compliance to industry standards, enabling manufacturers and jewelry retailers to gain digital asset analysis.

    The platform combines a rich forensic approach to identify and track asset provenance to provide confidence in the transparency driven across global supply chains.

    The company has raised $30M to date as of July 2020. Post valuation £46.99M as of March 2018.

    Company

    Everledger

    Key people

    CEO: Leanne Kemp

    Founded

    2015

    Funding

    Total funding: $30.4M; Latest funding: $20M Series A, September 2019 Most Recent Financing Status
    (as of 23-Apr-2021)Most Recent Financing Status
    (as of 23-Apr-2021)
    The company raised $7 million of convertible debt financing from Tencent Holdings, Government of UK and other undisclosed investors on July 15, 2020. Outrun Ventures also participated in this round.

    HQ

    London, UK
    GB

    Sector

    Blockchain

    Website

    everledger.io

  • Featurespace

    GB

    Featurespace

    Adaptive Behavioural Analytics

    :

    Featurespace

    Featurespace is the world-leader in Adaptive Behavioural Analytics and creator of the ARIC™ platform, a machine learning software system.

    The ARIC™ platform uses anomaly detection to analyse complex behavioural data in real time, spotting anomalies to block new fraud attacks as they occur. At the same time, Featurespace recognises genuine customers without blocking their activity. ARIC™ reduces the number of genuine transactions incorrectly identified as fraud by over 70%, enabling businesses to accept more revenue.

    Featurespace has deployed the ARIC™ platform to organisations that have services or products deployed in over 180 countries. Customers include Betfair, Vocalink/Zapp, Worldpay, and TSYS, the largest third-party processor of Visa® and MasterCard® credit cards in the U.S.

    Company

    Featurespace

    Key people

    CEO: Martina King; Founders: Bill Fitzgerald, David Excell

    Founded

    2012

    Funding

    Total funding: $71.2M; Recent funding: $32.6M Venture Jan 2019

    HQ

    London, UK
    GB

    Sector

    Adaptive Behavioural Analytics

  • Fenergo

    IE

    Fenergo

    Big Data

    :

    Fenergo

    Dublin-based Fenergo helps institutions manage the end-to-end regulatory onboarding and entity data management processes. In 2015, it received the biggest ever investment in an Irish Tech ($75m).

    In September 2017 Fenergo reported a sharp rise in turnover to end March 2017, and announced that it would create 100 new jobs in its push to achieve $100M revenue by 2019. In May 2018, Fenergo announced a strategic partnership with Delta Capita, the international business and technology consulting and managed service provider. This will provide the financial industry with new managed service solutions for solving client onboarding, regulatory compliance, and entity data management challenges.

    Company

    Fenergo

    Key people

    CEO / Founder: Marc Murphy

    Founded

    2009

    Funding

    Total Funding: $80M; Latest Funding: $75M Private Equity July 2015

    HQ

    Dublin, Ireland
    IE

    Sector

    Big Data

    Website

    fenergo.com

  • Figo

    DE

    Figo

    Banking API

    :

    Figo

    figo aggregates financial sources from over 3,100 banks and financial institutions to enable innovative services. As Europe’s first “Banking-Service-Provider” figo is PSD2 ready. figo’s “Banking-as-a-Service” platform connects modern services with more than 50m online banking accounts and figo is targeting SEPA in total.

    Company

    Figo

    Key people

    CEO & Founder: André Bajorat

    Founded

    2012

    Funding

    Total funding: $11.6M; Recent funding: Undisclosed Venture March 2017

    HQ

    Hamburg, Germany
    DE

    Sector

    Banking API

    Website

    figo.io/en

  • Friss

    NL

    Friss

    Fraud, risk and compliance for insurance

    :

    Friss

    FRISS is the leading expert in the field of fraud, risk & compliance for the insurance industry. We have a unique global footprint with 130+ implementations in over 25 countries. An AI-powered detection solutions for underwriting, claims and SIU, FRISS detects fraud, mitigates risks and supports digital transformation. FRISS solutions are helping over 150 insurers to lower the loss ratio, enable profitable portfolio growth, and improve the customer experience.

    Industry analysts have recognized FRISS as the market leader in fraud and risk solutions for P&C insurance companies. The Netherlands-based company received $17.M Series A funding in December 2017 from BlackFin Capital Partners.

    Company

    Friss

    Key people

    CEO: Jeroen Morrenhof; Founders: Jeroen Morrenhof

    Founded

    2006

    Funding

    Total Funding: $17.4M; Latest Funding: $17.4M Series A December 2017

    HQ

    Utrecht, Netherlands
    NL

    Sector

    Fraud, risk and compliance for insurance

    Website

    friss.com/en

  • Governance.com

    LU

    Governance.com

    Financial sector & Corporate structures

    :

    Governance.com

    Governance.com gives regulated companies total control of their processes, by turning complex and unorganized data into easily accessible actionable information. The platform connects data across the organization, links the data to the underlying documentation and enables collaboration through structured workflows.

    The Governance team is drawn from leading organizations such as ABN Amro, JP Morgan, SEB and Fidelity. Their clients span 7 countries across the US and Europe and include Global Tier 1 Banks, Asset Managers, Fund Administrators, Fund Management Companies and other regulated institutions.

    Awards & Recognition include: European RegTech100, Most Trusted Risk Compliance Solution Provider 2017, The FinTech50 Hot 10, Luxembourg’s FinTech startup of the year in 2016.

    Company

    Governance.com

    Key people

    CEO, Co-Founder: Bert Boerman; CTO, Co-Founder: Rob Boerman

    Founded

    2014

    Funding

    Total Funding: €2.5M

    HQ

    Luxembourg
    LU

    Sector

    Financial sector & Corporate structures

    Website

    governance.com

  • Habito

    GB

    Habito

    Online Mortgages

    :

    Habito

    Provider of a digital mortgage platform offering mortgage products from a range of over 90 lenders. The digital mortgage broker has helped over 180,000 homebuyers to source a mortgage or switch to a better rate.

    The company's platform makes use of chatbot interfaces and machine learning designed to make the process more efficient, enabling consumers to find the suitable deals for themselves in order to choose lowest to highest monthly payments and to apply for mortgages and avoid overpaying of interest rates and monthly cost.

    Company

    Habito

    Key people

    CEO & Founders: Daniel Hegarty

    Founded

    2015

    Funding

    Most Recent Financing Status (as of 22-Feb-2021)
    The company received an undisclosed amount of debt financing in the form of a loan from Bootstrap Europe on February 8, 2021.

    The additional funding will allow the company to confidently boost its ambitious growth targets and continue to deliver ground-breaking and innovative digital experiences and products to its customers.

    On August 12, 2020 the company raised GBP 35 million through a combination of debt and Series C venture funding in a deal led by Mojo Capital, Augmentum (London) and SBI Insurance Group, putting the company's pre-money valuation at GBP 117.87 million.

    Mosaic Ventures, Ribbit Capital, Mahr Projects, VentureFounders, Atomico, and Regah Ventures also participated in the round. The funds will be used to continue digitising aspects of home financing and buying which still remain a pain-point for homebuyers and sellers.

    HQ

    London, UK
    GB

    Sector

    Online Mortgages

    Website

    abito.com

  • IDnow

    DE

    IDnow

    AML, Identity Management

    :

    IDnow

    IDnow provides advanced machine-learning technology for its Identity-as-a-Service platform that can verify identities in real time. The company's solutions guarantee legal security throughout Europe and the highest level of data security. The company provides a legally secure solution without additional hardware in the area of video identification of customers and electronic signatures.

    Its customer portfolio includes renowned firms such as Commerzbank, UBS, Sixt neuwagen, Telefónica, and N26.

    The company raised EUR 36 million of venture funding in a deal led by Corsair Capital on November 8, 2019. Plug and Play Tech Center also participated in the round.

    Buyside mandates include: Identity Trust Management (Mar 21) and Wirecard Communication Services (Sep 20)

    Company

    IDnow

    Key people

    Founders: Armin Bauer, Dennis von Ferenczy, Felix Haas, Sebastian Baerhold; CEO: Andreas Bodczek

    Founded

    2014

    Funding

    Total funding raised to date £55.17m as of Dec 2020.
    Most Recent Financing Status (as of 09-Dec-2020)
    The company received EUR 15 million of debt financing in the form of a loan from European Investment Bank on December 8, 2020. The funds are to be put into research and development activities and into the company's international expansion.
    The company raised EUR 36 million of venture funding in a deal led by Corsair Capital on November 8, 2019. Plug and Play Tech Center also participated in the round. Other investor in the company include: HW Capital, Seventure Partners, Digital Opportunity Fund

    HQ

    Munich, Germany
    DE

    Sector

    AML, Identity Management

    Website

    idnow.eu

  • Ledger

    FR

    Ledger

    Security solutions for crypto currency and blockchain applications

    :

    Ledger

    Ledger was launched in 2014 by eight experts with complementary backgrounds in embedded security, cryptocurrencies and entrepreneurship, united around the idea of creating secure solutions for blockchain applications. Ledger aims at securing the new disruptive class of crypto assets: Financial assets like cryptocurrencies or Initial Coin Offerings (ICOs), Data assets like sensors, Internet of Things (IoT) devices or machine to machine, and Digital identities like second factor authentication or passwordless login.

    Ledger received $75M Series B funding in January 2018 and now has over 80 employees in Paris, Vierzon and San Francisco.

    Company

    Ledger

    Key people

    CEO: Eric Larchevêque; Founders: Eric Larchevêque, Joel Pobeda, Nicolas Bacca, Thomas France

    Founded

    2014

    Funding

    Latest Funding: $75M Series B Jan 2018; Total Funding: $85M

    HQ

    Paris, France
    FR

    Sector

    Security solutions for crypto currency and blockchain applications

    Website

    ledger.fr

  • Leveris

    IE

    Leveris

    Core Banking

    :

    Leveris

    Leveris, has built a core banking and lending platform that aims to provide a cost-effective, flexible and quick-to-market solution for challenger brands and new customer propositions. The platform has six distinct differences:

    • Lower cost: Core banking implementations are characterised by high CapEx entry costs, followed by costly ongoing OpEx. Cloud-based platform dramatically reduces both.
    • Cloud native: Leveris has built its banking platform specifically for the cloud using modern architecture, open source components and micro-services.
    • Speed to market: Launching a challenger banks/products can take years. Leveris claims to do this in months/weeks.
    • Marketplace banking: modular and extensible platform runs on micro-services and open APIs meaning clients can implement only the services they want, while also building profitable partnerships with market innovators.
    • Lending: The Leveris platform is conceived, designed and built for revenue-positive or cost-neutral operation. Its multi-purpose lending solution is already fully integrated into a new bank. This means the Leveris platform can start making money from day one
    • Data monetisation: Leveris monetises data for the bank and for the end consumer. Internet companies such as Facebook and Google make billions of dollars by selling their users’ data. We want customers to be able to share their own data securely with third parties and earn money from it.

    Company

    Leveris

    Key people

    CEO & Founder: Conor Fennelly

    Founded

    2014

    HQ

    Dublin, Ireland
    IE

    Sector

    Core Banking

    Website

    leveris.com

  • Mash

    FI

    Mash

    Lending

    :

    Mash

    Finnish-headquartered Mash leverages advanced proprietary algorithms, machine learning capabilities, and automated platform to deliver superior finance and payments solutions to thousands of customers every day. In December, the fast-growing lender reported average monthly volumes of over two and a half times that of Q1 2017 and three times compared to Q1 2016. The lenders’ pay later solution in Finland is now available in thousands of stores and Mash plans to launch in more markets in 2018.

    The Group also expanded its market opportunity with strategic partnerships, including a pan European deal with Verifone to provide pay later solutions at point of sale.

    Company

    Mash

    Key people

    CEO: James Hickson; Founder: Tommi Lindfors

    Founded

    2013

    Funding

    Latest Funding: $5.8M Equity Crowdfunding June 2017; Total Funding: $101M (including $69M debt financing 2015)

    HQ

    Helsinki, Finland
    FI

    Sector

    Lending

    Website

    mash.com

  • Monese

    GB

    Monese

    Digital Banking, Financial Inclusion

    :

    Monese

    Monese provides instant on-demand UK current accounts and European IBAN accounts in 20 countries regardless of the customer's citizenship.

    Monese's breakthrough technology can validate the identity of customers in real time enabling customers to open an account in a matter of minutes, using a mobile app

    Revolutionizing banking for expats, digital nomads and new residents as ‘residency restrictions’ imposed by traditional high street banks are one of the single greatest barriers to accessing the banking system when arriving in a new country.

    Company

    Monese

    Key people

    Founder & CEO: Norris Koppel

    Founded

    2013

    Funding

    Most Recent Financing Status (as of 07-Jun-2021)
    SmartCap sold its stake in the company for an undisclosed sum. Previously, the company raised GBP 32.55 million of venture funding from PayPal Ventures, Outrun Ventures, Kinnevik and Augmentum Fintech on July 1, 2020, putting the company's pre-money valuation at GBP 75.53 million. Veljo Otsason, Baris Aksoy and João Monteiro also participated in the round.

    HQ

    London, UK
    GB

    Sector

    Digital Banking, Financial Inclusion

    Website

    monese.com

  • Monzo

    GB

    Monzo

    Digital Banking

    :

    Monzo

    Monzo (previously Mondo), developers of a mobile banking application designed to offer banking services.

    The company's application uses smartphone technology to update balances instantly, give intelligent notifications and track day-to-day financial transactions without any usage fees, enabling customers to get a graphical timeline of their overall expenditures and get control over their spending.


    Company

    Monzo

    Key people

    CEO: Tom Blomfield; Founders: Tom Blomfield, Gary Dolman, Paul Rippon, Jonas Huckestein, Jason Bates

    Founded

    2015

    Funding

    Most Recent Financing Status (as of 02-Jun-2021)
    The company raised GBP 202.44 million of Series G venture funding in a deal led by Novator Partners on December 2, 2020, putting the company's pre-money valuation at GBP 1.04 billion.

    Orange Ventures, Stripe, TED, Kaiser Investments, AME Cloud Ventures, TriplePoint Venture Growth, Vetamer Capital, General Catalyst, Accel, Goodwater Capital, Passion Capital, Thrive Capital, Reference Capital (Switzerland), Y Combinator, Vanderbilt University and Octahedron Capital also participated in the round. The deal was led by Novator Partners, Annox Capital with 14 other investors also participating in the round.

    HQ

    London, UK
    GB

    Sector

    Digital Banking

    Website

    monzo.com

  • Mosaic Smart Data

    GB

    Mosaic Smart Data

    Data Analytics

    :

    Mosaic Smart Data

    Mosaic Smart Data delivers the insight and real-time intelligence that FICC market participants need to increase business opportunities and meet regulatory requirements.

    Financial institutions are facing a challenging period in the FICC markets, largely as a result of the constraints from new regulatory initiatives, high fixed costs and a fragmented market structure.

    Developer of a data analytics platform designed to harness and analyse trading activity and interactions data. The company's data analytics platform provides granular insight and analysis of client trading flows around core metrics which, include product, instrument and venue to effectively monitor trading behaviour, enabling financial institutions to harness their data intelligently to predict and service their client needs.

    The company raised $9 million of Series A venture funding in a deal led by CommerzVentures and Octopus Ventures on April 16, 2019. JPMorgan Chase also participated in the round.

    Company

    Mosaic Smart Data

    Key people

    CEO & Founder: Matthew Hodgson

    Founded

    2014

    Funding

    Latest Funding: $9M Series B - April 2019: CommerzVentures, Octopus Ventures, JP Morgan Chase

    HQ

    London, UK
    GB

    Sector

    Data Analytics

  • N26

    DE

    N26

    Banking

    :

    N26

    N26 offers mobile banking solutions to customers in the European Union through its subsidiary. It provides international money transfer, investment, overdraft, and cash withdrawal and deposit at stores.

    The company's mobile banking services offers online banking that include making and handling of current accounts, fixed accounts and other banking services, enabling customers to manage and control their banking details via a smartphone application in a hassle free way.

    The company raised $470 million of Series D2 venture funding in a deal led by Insight Partners on July 18, 2019.

    Company

    N26

    Key people

    CEO: Valentin Stalf; CEO N26 Bank: Markus Gunter; Founders: Valentin Stalf, Maximilian Tayenthal

    Founded

    2013

    Funding

    The company raised an undisclosed amount of Series D3 venture funding from Ilavska Vuillermoz Capital and other undisclosed investors on January 2, 2021. Post valuation £2.82Bn as of May 2020.
    Investors include: Draper Esprit, Hedosophia, Rancilio Cube, EarlyBird

    HQ

    Berlin, Germany
    DE

    Sector

    Banking

    Website

    n26.com/en-gb

  • NetGuardians

    CH

    NetGuardians

    Compliance, Cyber Security

    :

    NetGuardians

    NetGuardians is dedicated to making the world a safer place by developing cutting-edge analytics technology. Named a Gartner Cool Vendor in 2015, NetGuardians is a Swiss FinTech company enabling banks to beat fraud and automate compliance. Its software leverages Big Data to correlate and analyze user behaviors across the entire bank system – not just at the transaction level. NetGuardians has a growing client base in Europe, the Middle East, Africa, and Asia, with offices in Switzerland, Singapore, Kenya, and Poland.

    Company

    NetGuardians

    Key people

    CEO: Joel Winteregg; Founders: Joel Winteregg, Raffael Maio

    Founded

    2011

    Funding

    Latest funding: CHF 8.5 million (USD 8.7 million) in 2017

    HQ

    Yverdon-les-Bains, Switzerland
    CH

    Sector

    Compliance, Cyber Security

    Website

    netguardians.c

  • Neyber

    GB

    Neyber

    Financial Wellbeing

    :

    Neyber

    Neyber is a financial wellbeing provider that helps UK employees to be better with their money. The London-based business partners with employers to support their workforce’s financial wellbeing with access to affordable, salary-deducted loans and financial education - all at no cost or risk to the employer.

    In its 3 years, Neyber has grown exponentially, and now reaches over 1 million employees in over 200 organisations, with workplace financial educational programmes and five borrowing products. In September 2017, it secured a Series C funding round of £100M ($130M) from Goldman Sachs.

    At August 2018, Neyber's TrustPilot score stands at 9.4.

    Company

    Neyber

    Key people

    CEO: Martin Ijaha; Founders: Martin Ijaha, Monica Kalia, Ezechi Britton

    Founded

    2014

    Funding

    Total Funding: $195M (including $19M debt financing); Latest Funding: $130M Series C, September 2017

    HQ

    London, UK
    GB

    Sector

    Financial Wellbeing

  • OakNorth

    GB

    OakNorth

    Lending / Debt Finance for fast-growth businesses

    :

    OakNorth

    OakNorth Bank is a UK bank for small and medium sized companies that provides business and property loans of £0.5-£50 million.

    The bank invested in Bright Minds Daycare in December 2019, this investment was valued at £750K.

    Company

    OakNorth

    Key people

    Founders: Rishi Khosla (CEO), Joel Perlman

    Founded

    2015

    Funding

    Total Funding: $1Bn; Latest Funding: £440M, Venture Round, February 2019

    HQ

    London, UK
    GB

    Sector

    Lending / Debt Finance for fast-growth businesses

    Website

    oaknorth.com

  • Onfido

    GB

    Onfido

    Compliance, Risk, Regulation

    :

    Onfido

    Onfido, developer of a verification platform intended to automate the identity verification process.

    Deploying AI and using Government IDs and facial biometrics to ensure that IDs are a genuine match with the users presenting them. Onfido powers over 1,500 fintech, banking and marketplace clients globally—helping them onboard more users while reducing risk.

    The company raised GBP 65.19 million of Series C2 venture funding in a deal led by Salesforce Ventures and SBI Investment in April 2019.

    The funds will be used to consolidate the company's core market in the USA, accelerate expansion into high-growth regions including Europe and South-East Asia, as well as advance product development.

    Company

    Onfido

    Key people

    CEO: Husayn Kassai; Founders: Husayn Kassai, Eamon Jubbawy, Ruhul Amin

    Founded

    2012

    Funding

    Latest Funding: $50M Series C, April 2019; Total Funding: $110.3M - Lead Investors: Augmentum, SoftBank

    HQ

    London, UK
    GB

    Sector

    Compliance, Risk, Regulation

    Website

    onfido.com/gb

  • Payfit

    FR

    Payfit

    Payments / Employee Benefits

    :

    Payfit

    Founded in 2015, French Employee Benefits start-up PayFit lets businesses easily enter everything about their employees, allowing them to produce legally compliant paychecks, wire salaries and notify authorities about healthcare or retirement status.

    PayFit is cheaper than a third-party firm or a full-fledged HR department. Already sporting hundreds of customers, PayFit provides a software-as-a-service (SaaS) platform that helps SMEs to pay their employees.

    In July 2018, PayFit announced a partnership with Customer Relationship Management, Sellsy, allowing it to remove unnecessary interactions and change data in real time without going through a third party.

    Company

    Payfit

    Key people

    CEO: Firmin Zocchetto; Founders: Firmin Zocchetto, Florian Fournier, Ghislain de Fontenay

    Founded

    2015

    Funding

    Latest Funding: €14M Series B July 2017; Total Funding: €19.5M

    HQ

    Paris, France
    FR

    Sector

    Payments / Employee Benefits

    Website

    ayfit.com/fr

  • PensionBee

    GB

    PensionBee

    Pensions

    :

    PensionBee

    PensionBee has developed an online platform that provides pension plans, pension management and employment history, enabling their customer to track various pension plans and make investment decisions accordingly.

    Its features allow customers to track the pension progress and includes a pension calculator to set retirement goals and add new contributions.

    Company

    PensionBee

    Key people

    Founders: Romi Savova and Jonathan Lister

    Founded

    2015

    Funding

    Most Recent Financing Status (as of 23-Apr-2021)
    The company raised GBP 59.65 million in its initial public offering on the London Stock Exchange under the ticker symbol of PBEE on April 21, 2021. A total of 36,149,229 shares were sold at GBP 1.65 per share. After the offering, there was a total of 221,213,333 outstanding shares at GBP 1.65 per share, valuing the company at GBP 365.00 million. The total proceeds, before expenses, to the company was GBP 55 million and to the selling shareholders was GBP 4.65 million. In the offering, the company sold 33,333,333 shares and the selling shareholders sold 2,815,896 shares.

    HQ

    London, UK
    GB

    Sector

    Pensions

    Website

    ensionbee.com

  • Previse 01 1024x660

    GB

    Previse 01 1024x660

    Payments, e-Invoicing

    :

    Previse 01 1024x660

    Previse, provider of a financial platform designed to analyse contract payments of various entities utilizing artificial intelligence.

    The company's platform uses advanced machine learning tools and numerous data points to determine how likely a corporate buyer will be to eventually pay a supplier's invoice, enabling the SMEs to receive a credit score including banks and asset managers, so that they can pay the supplier on the buyer's behalf based on the credit score.

    Previse has pioneered algorithm-driven invoice payment decisions.

    Company

    Previse 01 1024x660

    Key people

    Founder: Paul Christensen

    Founded

    2016

    Funding

    Most Recent Financing Status (as of 08-Jun-2021)
    The company raised GBP 8.26 million through the combination of debt and Series A venture funding in a deal led by MasterCard, Augmentum Fintech and Bessemer Venture Partners on April 16, 2020, putting the company's pre-money valuation at GBP 38.82 million.

    Hambro Perks and VentureFounders also participated in the round. The funds will be used to expand its InstantPay product to more corporate buyers around the world.

    HQ

    London, UK
    GB

    Sector

    Payments, e-Invoicing

    Website

    revi.se

  • Privitar

    GB

    Privitar

    Privacy Software

    :

    Privitar

    Privitar is a privacy engineering software company, that enables organisations to use, share and derive insight data safely. Privitar’s mission is to help companies achieve broader use of data while adopting an uncompromising approach to protecting confidential information. The London based company is delivering data privacy and anonymisation software solutions to a global client-base across Europe, North America and Asia.

    Company

    Privitar

    Key people

    CEO: Jason du Preez; Founders: Jason du Preez, Gerard Buggy, John Taysom

    Founded

    2014

    Funding

    Most Recent Financing Status (as of 22-Dec-2020)
    O2h Ventures sold a stake in the company to an undisclosed buyer. Previously, the company raised $87 million of Series C venture funding in a deal led by Warburg Pincus on June 22, 2020, putting the company's pre-money valuation at $348 million.

    Salesforce Ventures, HSBC Strategic Innovation Investments, Accel, HSBC Holdings alongside Citi Group and ParTech have all invested in the company.

    HQ

    London, UK
    GB

    Sector

    Privacy Software

    Website

    rivitar.com

  • Railsbank

    GB

    Railsbank

    BaaS, Open-Banking, API platform

    :

    Railsbank

    Founded in 2015, RailsBank is a BaaS banking and compliance platform designed to connect a global network of partner banks with businesses who want API access to global banking.

    The platform simplifies on-boarding services and offers access to services such as creating digital ledgers, connecting digital ledgers to real bank accounts, issuing IBANs for ledgers, receiving money, sending money, converting money (FX), collecting money (direct debit), issuing cards and managing credit via the API, enabling banks and business customers to transact business digitally and in a compliant way.

    In September 2019 a deal led by Moneta Capital for $10 million of a Series A venture funding will be used to further expand beyond Europe, including the U.S., Australia and South East Asia.

    Company

    Railsbank

    Key people

    Founders: Nigel Verdon (CEO), Clive Mitchell (COO)

    Founded

    2016

    Funding

    Most Recent Financing Status (as of 21-Jun-2021)
    The company raised $37 million of venture funding in a deal co-led by MiddleGame Ventures, 31Ventures and Ventura Capital on November 12, 2020. Mitsui Fudosan, alongside 5 other investors also participated in the round. The funding will be used to continue to expand the company's global footprint, further strengthen its core product proposition, and launch Credit Cards as a Service.

    HQ

    London, UK
    GB

    Sector

    BaaS, Open-Banking, API platform

    Website

    railsbank.com

  • Raisin

    DE

    Raisin

    Savings, Investment marketplace

    :

    Raisin

    Raisan is a financial marketplace that provides customers with access to the profitable deposit rates across Europe.

    The companys platform allows users the option to choose savings and investments products, ranging from overnight flexible savings to long-term deposits and other offers from dozens of institutions across Europe, enabling individuals and businesses to earn higher returns by depositing money in different countries with higher interest rates.

    Company

    Raisin

    Key people

    CEO: Tamaz Georgadze; Founders: Tamaz Georgadze, Frank Freund, Michael Stephan

    Founded

    2013

    Funding

    Total Funding: $206M; Latest Funding: $28M, Venture Round - July 2019, Goldman Sachs

    HQ

    Berlin, Germany
    DE

    Sector

    Savings, Investment marketplace

    Website

    raisin.com

  • Revolut

    GB

    Revolut

    Digital Banking, peer to peer payments, currency exchange

    :

    Revolut

    Revolut is digital banking application designed to help in global money transfer.

    The application compares live exchange rates for multiple currencies and makes transfers directly to other's bank accounts, as well as helps its users to track and optimize their monthly expenses, buy and sell crypto currencies, enabling consumers to send, spend and exchange money instantly across a secured environment.

    Previously, the company raised $250 million of Series C venture funding in a deal led by DST Global in April 2018, putting the company's pre-money valuation at $1.45 billion.

    Company

    Revolut

    Key people

    Founders: Nikolay Storonsky (CEO), Vlad Yatsenko

    Founded

    2015

    Funding

    Total Funding: $336.4M; Latest Funding: Venture round, March 2019

    HQ

    London, UK
    GB

    Sector

    Digital Banking, peer to peer payments, currency exchange

    Website

    revolut.com

  • RiskMethods

    DE

    RiskMethods

    Risk in Supply Chain

    :

    RiskMethods

    riskmethods empowers leading enterprises with an award-winning Supply Chain Risk Management solution that supports the complete process of identifying risk, assessing impact and mitigating risk. The approach combines innovative Big Data and Artificial intelligence capabilities with insightful risk intelligence to ensure that the right people have the right information at the right time. Armed with a digitized representation of their supply network’s risk profile, customers are able to make better decisions and achieve first-mover advantage in the face of threats.

    riskmethods has seen considerable traction in recent years and secured $13.8M funding from Digital+ Partners in April 2017 to support its international expansion. In addition to offices in Munich/Germany, riskmethods has offices in the US (Boston) and in Wrocław, Poland.

    Company

    RiskMethods

    Key people

    CEO: Heiko Schwarz; Founders: Heiko Schwarz, Rolf Zimmer

    Founded

    2013

    Funding

    Latest Funding: $13.8M Series B, April 2017; Total Funding: $23.9M

    HQ

    Munich, Germany
    DE

    Sector

    Risk in Supply Chain

  • Seedrs

    GB

    Seedrs

    Equity Crowdfunding

    :

    Seedrs

    Seedrs is the leading online equity investment platform in the UK, allowing all types of investors to invest as little or as much as they like in businesses they believe in, often alongside venture capital funds and other professional investors, at the same terms, and share in their success. Seedrs also allows ambitious growth-focused businesses in all sectors to raise capital and build community through an efficient, online process. Seedrs has had over £530 million invested into campaigns on the platform and funded over 750 deals. The company is headquartered in London with offices in Lisbon, Amsterdam, and Berlin. The business is backed by star fund manager Neil Woodford, Augmentum Fintech, Faber Ventures and over 2,000 of its own customers. Seedrs is authorised by the UK FCA. It was the first equity crowdfunding platform in the world to gain regulatory approval.

    Company

    Seedrs

    Key people

    CEO: Jeff Kelisky; Founders: Carlos Silva, Jeff Lynn

    Founded

    2009

    Funding

    Latest Funding: $10M Equity Crowdfunding (on Seedrs), March 2018

    HQ

    London, UK
    GB

    Sector

    Equity Crowdfunding

    Website

    eedrs.com

  • SETL

    GB

    SETL

    Payments, Blockchain

    :

    SETL

    SETL is an initiative to deploy a multi-asset, multi-currency institutional payment and settlements infrastructure based on blockchain technology. The SETL system will enable market participants to move cash and assets directly between each other, facilitating the immediate and final settlement of market transactions. The SETL system maintains a permissioned distributed ledger of ownership and transaction records, simplifying the process of matching, settlement, custody, registration and transaction reporting. In July 2016, Rachel Lomax, the former deputy governor of the Bank of England, and Ed Richards, the former chief executive of broadcast regulator Ofcom joined ex-Barclays chairman Sir David Walker on the board. In February 2017 Setl opened an office in Paris to bring its blockchain offering to the French market, with its strong asset management community, and the wider region. The firm says that the move will improve its capacity to deal with any future regulatory or other changes in the EU financial markets. The Paris office is headed by Pierre Davoust, formerly Deputy Head of the Financial Markets Unit at the French Treasury.

    Company

    SETL

    Key people

    CEO & Founder: Peter Randall

    Founded

    2015

    Funding

    Latest funding: $39M Series A July 2016

    HQ

    London, UK
    GB

    Sector

    Payments, Blockchain

    Website

    etl.io

  • solarisBank

    DE

    solarisBank

    Open Banking, API Accessible banking platform

    :

    solarisBank

    SolarisBank is the first banking-as-a-service platform with a full banking license, which enables companies to offer their own financial products.

    The company's platform uses blockchain technology and provides an easy-to-integrate customizable platform for digital banking, card-based payment aggregation, consumer lending, SME lending, payments automation, virtual payments and KYC document verification, enabling businesses to create and customized their own digital banking portal for facilitating cashless and online mode of payments and customer engagement.

    Company

    solarisBank

    Key people

    CEO: Roland Folz; Founders: Andreas Bittner, Marko Wenthin

    Founded

    2016

    Funding

    Total funding: €95.1M; Latest funding: €56M Series B March 2018, Lead Investors: BBVA, SBI Group

    HQ

    Berlin, Germany
    DE

    Sector

    Open Banking, API Accessible banking platform

    Website

    olarisbank.de

  • Starling

    GB

    Starling

    Digital bank, business bank

    :

    Starling

    Starling Bank provides a mobile banking application and a debit card that enable users to manage their finances.

    The company's platform offers commercial banking services that can be managed with a mobile device, including real-time spending intelligence, personalization of services and same-day payment service that transformed electronic money, enabling depositors to transact in a paperless and branchless manner.

    In Oct 2019, the company raised £30 million of venture funding in a deal led by Merian Chrysalis. Existing investor JTC also participated in the round.

    The funding will enable Starling to accelerate its expansion into Europe and build on its rapid success: since launching its app in May 2017, Starling has opened one million accounts.

    Company

    Starling

    Key people

    CEO & Founder: Anne Boden

    Founded

    2014

    Funding

    Total Funding: $280m; Latest Funding: $39M Series C - Merian Chrysalis & JTC

    HQ

    London, UK
    GB

    Sector

    Digital bank, business bank

    Website

    arlingbank.com

  • Suade

    GB

    Suade

    Finance, Compliance, Risk & Regulation

    :

    Suade

    Suade’s regulatory software allows banks to achieve continuous compliance, manage their costs and easily conduct regulatory analysis. In 2016 it launched the FIRE Data Format, an open source project to create a standard for regulatory data, sponsored by the European Commission and the ODI. The London-based RegTech pioneer keeps growing its team and increasing its revenue. Suade is bridging the regulatory gap through modern technology that allows for new methods of supervision.

    Company

    Suade

    Key people

    CEO: Diana Paredes; Founders: Diana Paredes, Murat Abur

    Founded

    2014

    HQ

    London, UK
    GB

    Sector

    Finance, Compliance, Risk & Regulation

    Website

    uade.org

  • Tink

    SE

    Tink

    Open Banking

    :

    Tink

    Tink is a cloud-based platform that provides the infrastructure and data products that are enabling the future of financial services.

    The company offer products such as Account Aggregation, Payment Initiation, Data Enrichment and Personal Finance Management that can be used to develop standalone services or be integrated into existing banking applications. Its partners include ABN AMRO, BNP Paribas Fortis, Nordea, Klarna and SEB.

    In June 2019, Tink received $11.3m strategic investment from PayPal to continue its expansion across Europe.

    Today, Tink has more than 250 employees globally and is Europe’s leading open banking platform, enabling customers to connect to more than 2,500 banks in 14 markets including the UK, Sweden, France, Germany, and the Netherlands.

    Company

    Tink

    Key people

    Founder(s): Daniel Kjellén (CEO), Fredrik Hedberg

    Founded

    2012

    Funding

    Total investment: $90.5M
    Latest investment: May 2019 $11.3M Corporate Round - Paypal Ventures

    HQ

    Stockholm, Sweden
    SE

    Sector

    Open Banking

    Website

    ink.com

  • TrueLayer

    GB

    TrueLayer

    BaaS, Open Banking / Faster payments / PSD2

    :

    TrueLayer

    TrueLayer provides a platform to build financial apps that connect to bank data, verify accounts, and access transactions in real time.

    The company's platform helps companies to securely and efficiently access their customers' bank accounts to share financial data, make payments and validate their identity, enabling companies to initiate payments directly from user's bank account and offer frictionless payments without interrupting the user experience.


    Company

    TrueLayer

    Key people

    Founders: Francesco Simoneschi and Luca Martinetti

    Founded

    2016

    Funding

    Most Recent Financing Status (as of 08-Apr-2021)
    The company raised $70 million of Series D venture funding in a deal led by Addition on April 8, 2021. 10 other investors also participated in the round.

    The funds will be used to fuel global expansion and accelerate the development of premium open banking-based services.

    Previously, the company raised $60 million of Series C venture funding in a deal led by Tencent Holdings and Temasek Holdings on September 21, 2020. 7 other investors also participated in the round. The funds will be used to grow the company's business.

    TrueLayer had raised $35M Series C in June 2019, led by Tencent and Tamasek, with participation from Northzone, Anthemis and Visa.

    In October 2019, the company announced a strategic and commercial relationship with Visa.

    HQ

    London, UK
    GB

    Sector

    BaaS, Open Banking / Faster payments / PSD2

    Website

    ruelayer.com

  • Trussle

    GB

    Trussle

    Mortgages

    :

    Trussle

    Trussle helps first-time buyers and existing homeowners to save time and money securing a great-value mortgage online. It’s been estimated that one in two mortgage holders in the UK are losing £4,000 each year by not switching to better deals; representing a £29bn headache for the country’s homeowners. The Trussle service doesn’t end once a new mortgage deal is secure. The start-up continue to monitor the market for the lifetime of a customer's mortgage, helping people to switch to a better deal later on. Trussle launched in December 2015 as the UK’s first online mortgage adviser, after months of customer development, user testing, and cutting through red tape. It is backed by some of Europe's leading technology investors including LocalGlobe, Ed Wray (founder of Betfair), Ian Hogarth (founder of Songkick), Seedcamp, and Zoopla Property Group. In May 2018, it raised $13.6M Series B from 4 investors, including Goldman Sachs and Propel Ventures.

    The FCA estimates that approximately 120,000 British mortgage customers would benefit from switching provider. Trussle has proposed a mortgage-switching guarantee similar to that which now operates in the current accounts and energy markets. The business says that this would help homeowners save some of the £10bn that Trussle believes is wasted each year by being on the wrong mortgage deal.

    Company

    Trussle

    Key people

    CEO: Ishaan Malhi; Founders: Ishaan Malhi, Jonathan Galore

    Founded

    2015

    Funding

    Total Funding: $25.8M; Latest Funding: $13.6M Series B, Venture May 2018

    HQ

    London, UK
    GB

    Sector

    Mortgages

    Website

    russle.com

  • WeFox

    DE

    WeFox

    Insurance

    :

    WeFox

    WeFox was founded in Switzerland in November 2014 under the name FinanceFox. The service platform allows customers, brokers and, insurance companies, to manage their insurance and financial products intelligently and efficiently. The service brings together the benefits of the online and offline world, combining modern technology and consulting know-how from the traditional insurance business. Since the start in Switzerland in September 2015, in Germany in October 2015 and in Austria in March 2017, wefox has secured more than 100,000 policyholders. With more than 100 employees, the company is continuously expanding its network and preparing its rollout to further european countries.

    Company

    WeFox

    Key people

    CEO/Co-Founder: Juliean Teicke; Founders: Julian Teicke, Dario Fazlic, Fabian Wesemann, Florian Eismann, Jonathan Seoane, Teodoro Martino

    Founded

    2014

    Funding

    Total Funding: $158.5M; Latest Funding: $125M Series B March 2019

    HQ

    Berlin, Germany
    DE

    Sector

    Insurance

    Website

    efox.de

Load More

The Hall of Fame 2018:

Ten companies have featured on The FinTech50 since the days when they could reasonably be called startups. Some have made the list three years in a row and all are continuing to innovate. In recognition of their pioneering spirit and competitive staying power, we felt they deserved their own special place within a list of remarkable game-changers.

  • 10x

    GB

    10x

    Banking (Core)

    :

    10x

    Unveiled in 2016 by former CEO of Barclays, Antony Jenkins; 10x promises to radically shake up the banking world, optimizing advanced technology to transform how banks operate and engage with customers. 10x’s vision is clear; banking needs to be simple, flexible, secure and always ten times better! Revealing its first client as renowned challenger bank, Virgin Money; 10x aims to drive a new standard in customer experience and be a catalyst for change in the industry.

    Company

    10x

    Key people

    CEO & Founder: Antony Jenkins

    Founded

    2016

    HQ

    London, UK
    GB

    Sector

    Banking (Core)

    Website

    10xbanking.com

  • Behaviosec

    SE

    Behaviosec

    Biometrics, Security

    :

    Behaviosec

    BehavioSec transforms behaviour into a transparent additional layer of security by monitoring, in real-time, the way users interact with their devices. BehavioSec’s technology recognises if a conflicting user is operating a device by monitoring the environment, rhythms, and interaction patterns that are unique to each user. The solution is designed to enhance security without impacting the user experience. With offices in the UK, Germany, the Netherlands and Sweden, BehavioSec is currently deployed across Northern Europe retail banks protecting over 1,5 billion transactions per year.

    In January 2018, BehavioSec raised $17.5M in a Series B funding in an investment round led by Trident Capital Cybersecurity, whose Managing Directors, J. Alberto Yépez and Ken Gonzalez, will join BehavioSec’s board of directors. The round also saw contributions from ABN AMRO and Cisco Investments, in addition to returning investors Conor Venture Partners and Octopus Ventures. Behaviosec will use the investment to expand global operations and relocate corporate HQ to the US.

    Company

    Behaviosec

    Key people

    CEO: Neil Costigan; Founder(s): Olov Renberg, Kristofer Nygren, Hans Peterson

    Founded

    2007

    Funding

    Total Funding: $25.7M; Most Recent Funding: $17.5M Series B Jan 2018

    HQ

    Luleå, Sweden
    SE

    Sector

    Biometrics, Security

    Website

    behaviosec.com

  • Bima

    SE

    Bima

    Insurance / Microfinance

    :

    Bima

    Customers of Bima typically live on less than $10 a day and fewer than half have bank accounts. The Swedish Microfinance pioneer has developed a bespoke portfolio of over 40 microinsurance & mobile health products which it distributes in emerging markets such as Ghana for as little as 35 cents a month using mobile technology and an agent network. Its expansion across emerging markets in Africa, Asia and Latin America has served over 20 million customers in just five years and it currently attracts 500k new customers per month.

    Company

    Bima

    Key people

    CEO/Founder: Gustaf Agartson

    Founded

    2010

    Funding

    Latest Funding: $36.2M Series D, December 2017; Total Funding: $170.6M

    HQ

    Stockholm, Sweden
    SE

    Sector

    Insurance / Microfinance

    Website

    bimamobile.com

  • Credit Benchmark

    GB

    Credit Benchmark

    Finance, Banking, Credit Risk, Capital Markets, Risk Management

    :

    Credit Benchmark

    Credit Benchmark delivers greater visibility into credit risk via an entirely new source of wholesale credit risk data. Using an innovative crowd-sourced approach, the company publishes monthly consensus credit indicators on Sovereigns, Financial Institutions, Corporates and SMEs by aggregating and anonymizing the internal credit risk assessments of the world’s leading banks. Practitioners in the capital markets benefit from greater transparency with unique credit indicators generated from actual risk takers in the marketplace, as well as access to otherwise unrated entities, including a large number of operating subsidiary companies.

    Company

    Credit Benchmark

    Key people

    Executive Chairman: Donal Smith; Founder(s): Donal Smith, Mark Faulkner

    Founded

    2012

    HQ

    London, UK
    GB

    Sector

    Finance, Banking, Credit Risk, Capital Markets, Risk Management

  • Darktrace

    GB

    Darktrace

    Cyber Security

    :

    Darktrace

    One of the world’s fastest-growing cyber defence firms, Darktrace addresses the challenge of advanced cyber-attacks through its unique ability to detect previously unidentified threats in real time. Clients range from financial and legal services, to charities, healthcare organisations and pharmaceutical firms. In January, the Cambridge-founded business, which claims total contract value of $200M, reported a surge in customer orders, an increase of 140pc. In July 2017, Darktrace announced a Series D funding of $75M at a valuation of $825M.

    Company

    Darktrace

    Key people

    CEO: Nicole Eagan/CEO EMEA: Poppy Gustafsson; Chairman: Robert S Webb QC

    Founded

    2013

    Funding

    Latest investment: $75M Series D July 2017; Total investment: $179.5M

    HQ

    Cambridge, UK
    GB

    Sector

    Cyber Security

    Website

    darktrace.com

  • Digital Shadows

    GB

    Digital Shadows

    Cyber Security

    :

    Digital Shadows

    Digital Shadows has come a long way since Accenture Innovation Lab London in 2011, announcing a $26M Series C funding round in September 2017. Its flagship product, SearchLight, is a continuous real-time scan of more than 100 million data sources online and on the deep and dark web — cross referencing customer specific data with the monitored sources to flag up instances where data might have inadvertently been posted online, for instance, or where a data breach or other unwanted disclosure might be occurring. The service also monitors any threat-related chatter about the company, such as potential hackers discussing specific attack vectors.

    In May 2018, Digital Shadows announced its new "Shadow Search" capability, available as part of its flagship, award-winning SearchLight service.Shadow Search enables instant access to Digital Shadows' comprehensive collection of historical and evolving threat intelligence assets, and expert security sources, including leading security blogs and news, enabling SearchLight subscribers the ability to better manage third-party risk, investigate security incidents, monitor trends, and enrich threat hunting of client-specific indicators and threat actors jeopardising their business, brand and reputation.

    Company

    Digital Shadows

    Key people

    CEO: Alastair Paterson; Founders: Alastair Paterson, James Chappell

    Founded

    2011

    Funding

    Latest investment: $26M Series C (2017); Total funding: $48M

    HQ

    London, UK
    GB

    Sector

    Cyber Security

  • GoCardless

    GB

    GoCardless

    Payments

    :

    GoCardless

    Founded in 2011, GoCardless targets companies that need to offer their increasingly international customers the ability to pay by Direct Debit. The GoCardless mission is to help businesses take and settle recurring payments from anywhere, to anywhere, in any currency.

    A Series D funding round of $22.5M raised in September 2017 is designed to enable GoCardless to expand further, with support for more countries, including Australia and Denmark.

    Founder and CEO Hiroki Takeuchi says, “As more and more businesses become international, they face endless frustrations in managing payments across multiple territories. What we have engineered is a way to simply plug recurring payments into their existing systems, across the world, so they can focus on the challenges that really matter.”

    GoCardless processes over $4bn worth of transactions across more than 30,000 organisations in the U.K. and Europe, working with small startups and large enterprises across a number of industries. It offers an API and off the shelf integrations with over 100 partners including Xero, Sage and Zuora. Customers include Sage, Thomas Cook, Box and The Guardian.

    Company

    GoCardless

    Key people

    CEO: Hiroki Takeuchi; Founder(s): Hiroki Takeuchi, Matt Robinson

    Founded

    2011

    Funding

    Latest Funding: $22.5M Series D, September 2017; Total Funding: $47.3M

    HQ

    London, UK
    GB

    Sector

    Payments

    Website

    gocardless.com

  • Iwoca

    GB

    Iwoca

    Lending

    :

    Iwoca

    iwoca is one of Europe’s fastest growing credit providers, offering short-term credit facilities of up to £100,000. Businesses sign up online, passing their trading data through integrations with high-street banks, ecommerce platforms, and more. Iwoca’s proprietary risk model allows us to make fair, fast and flexible decisions, cutting underwriting costs by 90% whilst increasing approval rates and offering a simpler customer experience. To date Iwoca has issued over £70M to businesses across the UK, Germany, Spain and Poland and is opening our “credit-as-a-service” platform to strategic partners such as Alibaba, allowing them to finance their customers directly.

    Company

    Iwoca

    Key people

    CEO: Christoph Rieche; Co-Founder: James Dear

    Founded

    2011

    Funding

    Latest Funding: $27.1M Series C October 2016

    HQ

    London, UK
    GB

    Sector

    Lending

    Website

    iwoca.co.uk

  • Kreditech

    DE

    Kreditech

    Big Data, Information, Banking, Analytics

    :

    Kreditech

    Kreditech is a Big Data finance company based on automated Big Data and machine learning credit scoring. The company extends loans to individuals in real-time, using a fully automated credit scoring system and banking backend infrastructure. It operates independently from credit bureaus and traditional banking infrastructure. In just 20 months, Kreditech has scored more than 1.5 million individual loans. The company is at the forefront of the rapidly changing consumer finance market. Using 15,000 dynamic data points, its technology is capable of scoring everyone worldwide, including the 4 bn individuals without a credit score. Funds can be paid out within seconds to a credit card, bank account or NFC wallet, 24/7.

    Company

    Kreditech

    Key people

    CEO: Sebastian Diemer; Founder(s): Sebastian Diemer, Alexander Graubner-Müller

    Founded

    2012

    HQ

    Hamburg, Germany
    DE

    Sector

    Big Data, Information, Banking, Analytics

    Website

    kreditech.com

  • LendInvest

    GB

    LendInvest

    Alternative Lending

    :

    LendInvest

    LendInvest LendInvest is the UK's leading marketplace for property finance that is bringing technology to the £1.2 trillion UK mortgage market - an entirely offline market. LendInvest spun out of Montello, an offline short-term mortgage lender in 2013 to improve the process of getting a mortgage and to make mortgages an accessible asset class for every investor. Today LendInvest investors have lent over £1 billion to help borrowers buy, build or renovate almost 4,000 properties making LendInvest one of the fastest-growing online lending businesses in the world. The company also has significant institutional backing, including a £17m ($25m) Series B investment from Atomico, the VC fund led by Skype founder, Niklas Zennstrom that closed in March 2016.

    In 2017. LendInvest expanded its loan product range from three to [eight] products, each specially tailored to distinct borrower types. We’ll continue to expand our range over the year, broadening its reach. The company lends 40-60% more year-on-year. In 2017 alone, it lent £500m against 1,800 homes - a 33% increase on the previous year’s record. This will increase this again in 2018, consolidating LendInvest's position as Europe’s largest property investment marketplace. The company launched buy-to-let loans in 2017. BTL is 10x the size of the short-term specialist lending market where we already command 10% market share. LendInest will build its BTL offering in 2018 becoming one of the UK’s largest professional BTL lenders.

    Company

    LendInvest

    Key people

    CEO: Christian Faes; Founder(s): Christian Faes, Ian Thomas

    Founded

    2013

    Funding

    Latest Funding: $24.35M Series B March 2016

    HQ

    London, UK
    GB

    Sector

    Alternative Lending

    Website

    lendinvest.com

  • MarketInvoice

    GB

    MarketInvoice

    Lending

    :

    MarketInvoice

    MarketInvoice is the world’s largest peer-to-peer invoice finance platform. Launched in 2011, based in London and Manchester, MarketInvoice announced that it had reached £2bn of cumulative lending and expects to hit £3bn by the end of the year. The average value of invoices funded through the platform rose to £96,597 in 2017 from £56,495 in 2016.

    MarketInvoice helps thousands of businesses overcome the lengthy payment terms of their customers. Businesses can choose between having an open funding line against their outstanding invoices (MarketInvoice Pro) or decide which invoices (Select) they want to finance, unlock tied-up cash in 24 hours at competitive rates. It’s fast, flexible funding for growing businesses to hire more staff, launch new products and pay their suppliers.

    In March 2018, MarketInvoice secured more than £100m of fresh funding from two of its institutional investors. The peer-to-peer business finance lender signed agreements with Portuguese bank Banco BNI Europa (BNI) and Germany’s Varengold Bank to channel £90m and £45m respectively on its platform.

    Company

    MarketInvoice

    Key people

    CEO: Anil Stocker; Founders: Anil Stocker, Ilya Kondrashov

    Founded

    2011

    Funding

    Total Funding: $58.8M; Most Recent Funding: $45.5M Series B Jan 2019

    HQ

    London, UK
    GB

    Sector

    Lending

  • OpenGamma

    GB

    OpenGamma

    Analytics / Risk Management

    :

    OpenGamma

    OpenGamma is a financial technology company delivering unique analytics for the needs of over-the-counter (OTC) or privately-negotiated derivatives contracts, a $493 trillion marketplace, according to the Bank for International Settlements. The power of the technology is based upon unrivalled insight into the supply and cost of balance sheet, allowing the buy-side not only to execute on their derivatives strategy, but to enhance their own performance and benchmark their costs against peers. The London-based business now counts amongst their rapidly growing client base, 4 of the 5 largest clearing houses in the world, 11 buy-side firms & 4 Tier 1 banks. In the view of one panel member, OpenGamma continues to reshape risk management in the industry, in turn becoming core to the capital markets infrastructure. OpenGamma raised $13.3m in October 2016 and in January this year announced a minority investment of $1 million from the Japan Exchange Group.

    Company

    OpenGamma

    Key people

    CEO: Peter Rippon; COO: Maxime Jeanniard Du Dot

    Founded

    2009

    Funding

    Latest Funding: $13.3m Series D October 2016 / $1M Strategic February 2017

    HQ

    London, UK
    GB

    Sector

    Analytics / Risk Management

    Website

    opengamma.com

  • RateSetter

    GB

    RateSetter

    Lending

    :

    RateSetter

    RateSetter is a marketplace where the rates are set by investors and borrowers. The platform hit a number of significant milestones in 2017 including collecting £1bn of repayments, investors having now earned more than £60m in total interest and more than £1.75bn of loans being delivered to borrowers across the UK. Ratesetter launched the first P2P SIPP option in 2016 and expects to launch its Innovative Finance ISA later this year. Its TrustPilot score is 9.8 from 2500+ reviews.

    Company

    RateSetter

    Key people

    CEO: Rhydian Lewis; Founders: Rhydian Lewis, Peter Behrens

    Founded

    2010

    HQ

    London, UK
    GB

    Sector

    Lending

    Website

    ratesetter.com

The Hot Ten 2018:

  • AccessFinTech

    GB

    AccessFinTech

    Risk Management

    :

    AccessFinTech

    Launched by former Traiana founder Roy Saadon, Access Fintech is an innovative risk management service for banks and buyside firms. The service helps firms track the trade lifecycle and get a true sense of prioritized risk, across an increasing number of systems. Access FinTech brings together fintech providers and in-house technology, orchestrating the interaction of the distributed providers and creating a single visual display of the risk of financial transactions in a global sharable view.

    The Access Fintech visual dashboard aggregates vendors and allows customers to manage risk and exceptions. Access Fintech launched its product in the first quarter of 2017 to an oversubscribed beta program and is now completing its global roll out in all major financial centres.

    Company

    AccessFinTech

    Key people

    CEO: Roy Saadon; Founders: Roy Saadon, Steve Fazio

    Founded

    2017

    Funding

    Total Funding: Investment by JP Morgan

    HQ

    London, UK
    GB

    Sector

    Risk Management

  • Coya

    DE

    Coya

    Insurance

    :

    Coya

    Coya was founded by two veterans of German FinTech Kreditech together with Dr. Peter Hagen, former CEO of Vienna Insurance Group (VIG).

    Coya is planning to build a digital insurance provider and has applied to German's financial regulator BaFin for full authorization. It plans to launch to the public in 2018.

    The company already has over 30 employees drawn from both tech backgrounds, from companies like Rocket Internet, and more traditional insurers like Axa and Zurich. In June 2017, Coy attracted one of the biggest "seed funding" rounds in Germany.

    Company

    Coya

    Key people

    CEO: Andrew Shaw; Founders: Andrew Shaw, Peter Hagen, Sebastian Villarroel

    Founded

    2017

    Funding

    Total Funding: $40M; Latest Funding: $30M ICO, June 2017

    HQ

    Berlin, Germany
    DE

    Sector

    Insurance

    Website

    coya.com/eng

  • Dream Quark

    FR

    Dream Quark

    Insurance, AI

    :

    Dream Quark

    DreamQuark develops innovative data analysis technologies around deep representation learning to help insurance, financial services, and healthcare professionals take better advantage of the data they have stored.

    The Paris-based start-up puts its intelligence into developing the best algorithms to detect rare and otherwise invisible phenomena in a wide variety of data types (images, texts, audio files). Dream Quark was named French FinTech of the Year in December 2017.

    Company

    Dream Quark

    Key people

    CEO & Founders: Nicolas Meric

    Founded

    2014

    Funding

    Total Funding: $3.5M; Latest Funding: $3.5M November 2017

    HQ

    Paris, France
    FR

    Sector

    Insurance, AI

    Website

    dreamquark.com

  • Fluidly

    GB

    Fluidly

    Data Analytics

    :

    Fluidly

    Fluidly provides intuitive cashflow forecasting and management powered by AI. Cashflow forecasting and management is the gateway to financial decision-making.

    Fluidly takes transaction data from your accounting system and uses this to automagically forecast your financial future in minutes and down to invoice-level detail, it is for modern businesses that want to know exactly what their financial future holds and how to optimise it.

    The company was awarded a GBP 5 million of grant funding from Royal Bank of Scotland on June 14, 2019.

    Company

    Fluidly

    Key people

    Founders: Caroline Plumb (CEO)

    Founded

    2017

    Funding

    Most Recent Financing Status (as of 10-Feb-2021)
    The company received GBP 5 million of grant funding from NatWest Group on June 14, 2019.

    HQ

    London, UK
    GB

    Sector

    Data Analytics

    Website

    fluidly.com

  • Nivaura

    GB

    Nivaura

    Blockchain, compliance

    :

    Nivaura

    Provider of an online document management platform intended to automate legal and regulatory documents.

    The company's platform automates legal and regulatory document structuring, marketing, distribution, execution, clearing, settlement and administration, enabling banks, brokers, exchanges and funds to drive automation, compliance and improved client experience.

    The company joined Tech Nation as a part of Fintech 2.0 cohort program on September 5, 2019.

    Company

    Nivaura

    Key people

    CEO: Avtar Sehra; Founder: Dr Avtar Sehra

    Founded

    2016

    Funding

    Total Funding: $20M; Latest Funding: $20M seed - March 2019

    HQ

    London, UK
    GB

    Sector

    Blockchain, compliance

    Website

    nivaura.com

  • Pillar Project: 20|30

    GB

    Pillar Project: 20|30

    CryptoCurrency, Data Storate

    :

    Pillar Project: 20|30

    THE PILLAR PROJECT is a collaboration of the blockchain innovation community of 20|30. The organization wants to get rid of old ways of thinking applied to new technology.

    Company

    Pillar Project: 20|30

    Key people

    CEO: David Siegel; Founders: David Siegel, Tomer Sofinzon

    Founded

    2017

    Funding

    Total Funding: $21M; Latest Funding: $21M ICO, July 2017

    HQ

    London, UK
    GB

    Sector

    CryptoCurrency, Data Storate

    Website

    illarproject.io

  • Smart valor logo

    CH

    Smart valor logo

    Blockchain, cryptotechnology

  • Tetrao

    LU

    Tetrao

    Process automation, RegTech

    :

    Tetrao

    Tetrao’s solution for Business Onboarding enables banks to open a business bank account in a matter of days, a process that typically takes months to complete. The Luxembourgh-based start-up's AI is uniquely capable of tackling complex documentation produced differently by thousands of different actors, such as business by-laws. Tetrao offers the user a digital experience where its AI is collecting, buying, understanding all the business documentation and regulations to pre-fill the application.

    Company

    Tetrao

    Key people

    CEO & Founder: Christian Gillot

    Founded

    2014

    HQ

    Luxembourg
    LU

    Sector

    Process automation, RegTech

    Website

    etrao.eu

  • Trustology

    GB

    Trustology

    Crypto security

    :

    Trustology

    Trustology is building a custody platform to safeguard crypto assets. Its smart accounts will be customisable to satisfy the diverse needs of individual, corporate, exchange and institutional clients, now and in the future.

    Trustology was founded by Alex Batlin, a founding head of the UBS financial technology innovation lab and most recently responsible for research and development of blockchain enabled business strategy, business models, products and services at BNY Mellon in London.

    Company

    Trustology

    Key people

    CEO & Founders: Alex Batlin

    Founded

    2017

    HQ

    London, UK
    GB

    Sector

    Crypto security

    Website

    rustology.io

  • Zego

    GB

    Zego

    Insurance

    :

    Zego

    Zego is a global insurtech business providing flexible commercial insurance for businesses and professionals.

    The company's platform provides pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, providing mobility service providers with a range of policies from minute-by-minute insurance to annual covers, thereby providing more flexibility than traditional insurers, with pricing based on usage data from vehicles.

    In June 2019 Zego raised $42M (total funding of $51M since 2016) to continue expansion across Europe.

    Company

    Zego

    Key people

    Founders: Harry Franks (CEO), Sten Saar, Stuart Kelly

    Founded

    2016

    Funding

    Total Funding: $51.7M; Latest Funding: $42M Series B June 2019 - Balderton Capital, Tom Stafford (DST Global) and Latitude

    HQ

    London, UK
    GB

    Sector

    Insurance

    Website

    zego.com