Top Fintech Startups to Watch Out for in 2019

Top Fintech Startups to Watch Out for in 2019

Top Fintech Startups to Watch Out for in 2019

Two key sectors are experiencing massive growth in the world today.

They are Health Tech and Fintech industries. With the explosion of technological capabilities over this decade, the tech-related business markets have been breaking records. The Fintech market is particularly inspiring as it has outgrown itself several times. There are many startups around the world today that are redefining this sector. Some of these startups are backed by governments while others are independent.
Let us look at some of the main fintech startups causing excitement in the market in 2019.

Monese

Monese Cover

This company is one of the few that are actively taking on traditional banking. With a focus on carrying out money transfers and providing current accounts, this company is a fully-fledged digital bank. The company has received support from the industry as well and it is changing the trends of banking in the UK.
The company leverages on technology to make banking processes smooth and easy. The company operates in over 20 countries outside its UK home market. In addition, this company is redefining service provision in the financial sector.

Clone Algo

There has been a lot of discussion revolving around algorithm trading in recent years. This form of trading is commonly known for its automation capacities. So what is automated trading exactly? Automated trading involves using algorithms to make market moves. Things like tracking the price and live trading are possible with software programs today. Clone Algo is one of the companies that have invested heavily in their marketing efforts.
The company is based in Singapore and it claims to host several brokers and hedge firms. Even though the company is not exactly a major force yet, it has a solid foundation that will allow it to rise to prominence in 2019.

Nutmeg

Nutmeg Cover

This startup has been around for about 8 years, having been founded in 2011. The company is a key provider of investment management services. It has grown rapidly over the years. Currently, it has tens of thousands of clients and it keeps growing every year. What is unique about Nutmeg is that the company focuses on the people.
At a time when most companies are using algorithms to run affairs, this company’s story is anchored on human efforts. The company focuses on helping customers invest their money in various areas.

TransferWise

TransferWise is one of the brands that are recognized around the world today. This company started its operations in 2011 and it has since been growing. The company is among those that benefitted from early entry into the market. TransferWise specializes in giving customers the kind of information they need to trade. Information about exchange rates, users in the markets and other issues that define the market are all provided by TransferWise. With its recent opening of offices in Hong Kong, the company has shown its intention to expand in the few remaining areas of the globe.
This startup has a valuation of nearly $4 billion. In the next couple of years, the company might cross the $5 billion mark even before it goes public.

Stash

Stash Cover

If there is one startup that is targeting the lowest sections of the market, it is Stash. With just $5, anyone can venture into the market of investments using Stash application. The app is great for investing as it comes with strategies and tips baked right in the interface. The app has also simplified the strategies so that beginners can trade with ease. The app is also great for those looking to understand the markets better. By using it, traders can learn about the market and craft unique strategies that work. Stash allows investors to trade stocks, ETFs and other options.

WeLab

Finally, WeLab is a company that is redefining the lending market. This company has been around for a while now and it has a great footprint in the lending market. Operating some of the biggest lending applications in the Chinese market, this company already has a strong foundation. The app is noticeable in the market because of its easy processes involved when borrowing. Customers who use this app can get fast services and quick response times. The app also has credit management tools that allow customers to plan their borrowing habits.

Posted by Ingenium Web

Ingenium Web

iNGENIUM Ltd. is an software development company from EU which delivers a full range of custom .NET, web and mobile solutions for different business to meet partner's demand.

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