The pandemic of COVID-19 has spurred the establishment of financial technology firms. According to Sector Data Forecast, the fintech market is anticipated to be valued at $324 billion by 2026. Fintech firms are also witnessing an increase in interest from investors who are wary of traditional banking. Fintech businesses are jostling for attention in the industry. Visa, Square, Inc., and Intuit are among the companies vying to be the first to capitalize on the sector’s explosive growth potential.
Here is Insider Monkey’s list of the 10 best fintech startups investors are flocking to. Investors are flocking to Goldman Sachs Group, Inc. as one of the best fintech-related stocks. Carta is a technological firm that specializes in equity management. Over the course of seventeen rounds of fundraising, the company has raised about $630 million. Blend is a fintech firm that primarily sells a digital platform that allows customers to apply for various types of loans. Rocket Companies, Inc. is a real estate, e-commerce, and mortgage technology company. The company is worth more than $3.3 billion. Addepar is ranked eighth on the list of the top ten fintech startups to invest in. The Chinese government has hired Invesco Ltd. to oversee a $400 billion social welfare fund. Over the course of seven rounds of investment, Addepar has raised close to $500 million. Wise is a fintech startup that millions of people use to conduct cross-border transactions. Over the course of thirteen rounds of fundraising, the company has raised more than $1.3 billion. On the list of the top ten fintech startups, PayPal Holdings, Inc. is ranked seventh. Spring Labs is a startup that focuses on data sharing, security, and consumer privacy. CrowdStrike Holdings, Inc. is a provider of cloud-based endpoint and workload security solutions. For the first three months of 2021, Square has exceeded profits per share and revenue estimates. For more details, click 10 Best Fintech Startups Investors Are Flocking to.
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