With the Federal Reserve’s dramatic interest rate hikes hitting the sector hard, this year’s Fintech 50 list honors only two real estate startups, down from five in 2022. Since the Federal Reserve began driving up interest rates in March 2022, the average for new 30-year fixed rate mortgages has risen…

Innovative firms serving the back office needs of Wall Street and other large enterprises continue to prosper, with promising new startups in a crucial niche–fraud prevention–sprouting. W ith stock and bond markets gradually recovering from 2022’s brutal losses, most of the leading fintechs serving institutional investors and capital markets firms…

Venture capital funding is down dramatically, but innovation is still thriving, with 19 of the companies on our eighth annual honor roll new to the list. Reported by Steven Ehrlich, Jeff Kauflin, Emily Mason, Jonathan Ponciano and Hank Tucker A s publicly traded fintech stocks remain in a slump, down…

Seven years ago, two twentysomething data scientists spotted a novel phenomenon: synthetic identity fraud. They turned that discovery into fast-growing SentiLink, a member of the Fintech 50 for 2023. During the summer and fall of 2018, Hasan Hakim Brown, a Floridian in his early 40s, was applying online for loans—for…

From lenders targeting lower-income customers to a hotel reservation app that has branched into credit cards, eight personal finance companies made this year’s Fintech 50. C onsumer-facing startups have been among the hardest hit as the fintech industry has gone through the upheavals of shrinking market values and desperate moves,…

Its valuation has fallen by nearly half, but Stripe, at $50 billion, remains the most valuable fintech. Last year’s No. 2, Klarna, is off the list, while No. 3 FTX is not only off, but in bankruptcy, with its founder accused of fraud. W hen did your fintech company last…

Markets have been unforgiving to retail trading apps, but these three investing fintechs are bucking the trend. Reported by Jonathan Ponciano and Hank Tucker Scarred by the stock market’s worst year since the Great Recession, fintechs have been forced to reckon with an investing landscape that’s far different from the…

As technology has improved over time, so have financial services. Embedded finance – financial services provided via non-financial platforms or apps – is another iteration of this journey, and it is playing out in real time throughout Asia’s financial ecosystem. Profitable opportunities abound for those able to capitalize on this…

There is a lot going on with regards to digital assets this week. The future of digital assets seems uncertain to some commentators due to legal actions taken by the Securities and Exchange Commission (“SEC”) against two leading crypto exchanges: Binance and Coinbase COIN . So, let’s try to put…

Crypto’s nightmarish 2022 exposed the weak underbelly of many supposed blue chips in the sector. As the industry seeks to rebuild, firms focused on core infrastructure and analytics will lead the way. Reported by Nina Bambysheva, Michael del Castillo, Steven Ehrlich, Maria Gracia Santillana Linares and Javier Paz By almost…