KPMG and H2 Ventures have released the second annual ‘Fintech 100,’ highlighting the best fintech innovators from 19 countries. The report presents the leading 50 fintech companies across the globe and 50 “emerging stars.”
Among these 100 leaders, 40 come companies from the Americas, 20 from EMEA, 18 from the UK, 12 from Asia and 10 from Australia and New Zealand. 1 emerging start is from Switzerland (Qumram), 1 from Singapore (fastacash) and 5 from Germany (Number 26, Kreditech, Fidor, Sportcap, Friendinsurance) . 25 of them are tackling the payments and transactions segment, 22 are lending companies, 14 are wealth companies and 7 are insurance companies.
The ranking takes into account five factors: total capital raised, rate of capital raising, geographic and sector diversity, consumer and marketplace traction and the ‘X-factor,’ and named the top ten startups:
1. ZhongAn (China)
ZhongAn, a joint venture between Alibaba Group Holding, Tencent Holdings and Ping An Insurance, is a Chinese online property insurance company utilizing big data technology to asset with product design, automatic underwriting, auto claims, precisions marketing and risk management.
2. Oscar (USA)
New York-based Oscar focuses on utilizing technology to simplify healthcare, reinventing how to manage care, process medical claims, control healthcare costs and provide transparency.
3. Wealthfront (USA)
Based in Palo Alto, Wealthfront is an automated investment service that aims to make it easy for anyone to get access to world-class, long-term investment management without the high fees or steep account minimums.
4. Qufenqi (China)
Qufenqi is a Beijin-based electronics retailer that offers monthly installment payment solutions to students and professionals in China. Qufendi mainly offers smartphones, laptops and other consumer electronics online, allowing customers to choose their own down payment option and the time period for making regular monthly installments.
5. Funding Circle (UK)
London-based Funding Circle is a marketplace exclusively focused on small businesses, providing a platform where investors can browse businesses that the platform has credit assessed and approved for lending. Businesses, once approved, can post their loan request on the platform, and investors can bid the amount of money they wish to lend and the interest rate they want to earn.
6. Kreditech (Germany)
Kreditech Group is a German technology company that delivers custom-tailed financial services with a focus on underbanked consumers. The platform uses big data technologies, proprietary algorithms and automated workflows to acquire, identify and underwrite customers within seconds.
7. Avant (USA)
Chicago-based Avant is a marketplace lending platform that aims to lower the costs and barriers of borrowing for consumers. The platform uses big data and machine learning algorithms to offer an unique and highly customized approach to streamlined credit options.
8. Atom (UK)
Atom Bank is a regulated digital banking system based in the UK. Atom Bank essentially takes the form a mobile app and aims at hip, youthful consumers. The startup is backed by Spanish banking giant BBVA, but also Woodford, Toscafund, Marathon and Polar Capital.
9. Klarna (Sweden)
Swedish Klarna is one of Europe’s leading providers of payment solutions for e-commerce. Klarna allows users to pay with simply an email address, billing the customer later and paying the retailer in the meantime. The startup’s vision is to enable trust and to offer a frictionless buying experience to consumers and businesses across the world.
10. OurCrowd (Israel)
Israeli OurCrowd is the world’s leading equity crowdfunding platform for accredited investors. OurCrowd vets and selects opportunities from around the world, invests its own money and brings startups to its accredited membership of 10,000 global investors.
Read the “Fintech 100: Leading Global Fintech Innovators Report 2015”: http://de.slideshare.net/H2Ventures/the-100-leading-global-fintech-innovators-2015