TOP fintech companies & Startups to know in 2020

With every coming year, more and more promising fintech companies and startups show up as the industry thrives and grows. In 2019 alone, fintech startups achieved over $30 billion in funding. While 2020 is surely a difficult year to create a company in, these are some of the most successful fintech companies and startups that are relevant this year.

Varo Money

Developed in the United States in the city of San Francisco, Varo money is a banking company that handles digital consumer banking using their own, proprietary digital app and tools. Varo Money offers savings accounts and checking services and can be accessed through an easy-to-use application, both mobile and on desktop. The app provides a lot of handy information regarding spending habits, and Varo Money features no minimum balance to receive a debit card, as well as no additional fees for transfers.

10 Clouds

10 Clouds is a team of over a hundred professional designers and developers, who have already worked with some of the industry giants such as Baidu or Pinterest. 10 Clouds provides premium IT development services, such as website development using a variety of approaches, mobile app development for iOS and Android devices (as well as cross-platform solutions), and Product Design. 10 Clouds also creates and integrates user-friendly FinTech solutions, including cloud core banking systems and accounts integration.

Blend

Developing a revolutionary digital lending platform, Blend has created a unique environment that simplifies the process of taking a loan and gives the customers more insight into their accounts. Blend features impressive levels of automation and digitalization, including fast pre-approval and efficient data verification. Blend supplies major companies, such as US Bank and Wells Fargo, in processing tools that are effective and efficient.

Forward Financing

If you are a business owner or a startup founder in the United States, Forward Financing can turn out to be just what you need. The company provides working capital to small-time companies, with a streamlined and automated process that very often takes less than a day to accomplish. Until now, Forward Financing has funded over 10,000 businesses with more than $500 million in loans.