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36 fintech companies to watch in 2017
- Instead of a 'best of' list, consider these the fintech firms that deserve your attention in 2017.
- This list includes fintech firms at vastly different stages of maturity.

'Best of' lists are always easy to conceive but harder to do well. Whatever criteria you use is bound to bias the results in some way, triggering both false positive and negative readings.
Instead, consider the following a list of fintech firms at vastly different stages of maturity that deserve to be on your radar screen next year. It's a list compiled from our view of what's happening in the market and who, once you've cut through the eye candy and the hype, is on to something big. Who knows if they'll succeed in their missions, but most of these visions are damn grand enough to be worth tracking.
The firms are listed in alphabetical order. The information about the companies is taken from public sources, the data about fundraising is taken from from Crunchbase.
A few of these firms -- namely, Fast Pay, Personetics, Proov -- were either Tradestreaming Award winners or sponsoring partners of our 2016 Tradestreaming Money Conference held November 14 in New York City.
If you're interested in following these firms, check out this Twitter list we compiled of the 36 fintech firms to watch in 2017.
Ant Financial
Chinese ecommerce giant, Alibaba's financial arm Ant Financial runs Alipay, Ant Fortune, Ant Financial Cloud and other financial services. Overseas, Ant's model is to provide smooth payments to the 120 million Chinese tourists who will venture off the mainland this year.
- Processed nearly $18 billion in sales on a single day, November 11, 2016 (Singles Day)
- Has 450 million users
- Raised $4.5 billion in equity
- Founded in Australia in 2002
- Digitized over 100 million transactions
- Raised $12 million
- Named top 10 fintech company by KPMG
- Winner of Red Herring 100 award for North America
- Monitors over 1 billion transactions per month
- Raised over $11 million
- Recently launched a trial with NatWest
- Over 60 million members
- Received a 2015 Edison Awards gold medal
- Raised over $350 million
- Raised $28 million in 2016 from Andreesen Horowitz, Battery, and Ribbit
- Has solutions for marketplace lending, ACH, and flash disbursement
- Fintech offerings include omnibus accounts, fiat transactions in cryptocurrency, and mobile universal banking
- Has helped users save $230 million over the past 18 months
- Raised over $36 million
- Announced a pilot for companies to make same-day payments over the ACH network
- Raised over $35 million
- Read: Dwolla is moving the industry closer to real time payments
- Clients have saved an average $17,936 after refinancing
- Based in San Francisco
- Raised $300 million in equity and debt financing
- Based in London
- Named to KPMG Fintech 100
- Raised $7 million
- Company launched 17 years ago
- Aggregates financial data from over 15,000 global sources
- Financial services software firm, Envestnet, bought Yodlee in 2015 for $590 million
- RBS, Bank of America Merrill Lynch, and JPMorgan are all running projects on Ethereum
- Read WTF is Ethereum?
- Originated $1.5 billion in loans for more than 3000 advertisers
- Raised $70 million in debt and equity
- Recently launched 'FastPay for Enterprise' for media firms in partnership with Hitachi Capital
- Works at 1100 educational institutions across six continents
- Processed over $3 billion in tuition payments
- Raised $42 million
- Raised $350 million
- Facilitated about $2 billion of loans in 2015
- Serves 45 million consumers via 65,000 merchants
- Raised $300 million
- Has 10% ecommerce market share in Northern Europe
- The company counts John Sculley, and former CEO of Morgan Stanley, John Mack as advisors
- Based in San Francisco, the company has raised over $200 million
- Recently acquired Mosaic Insurance that includes Mosaic’s licenses in 50 states
- Partnered with Experian in September 2016 to provide SMBs with access to their qualified financing options based on their credit profile
- Raised $41 million
- Raised $1.5 million led by Howard Morgan, a founder of Renaissance Technologies
- Raised $2.8 million
- Works with marketplaces like Airbnb and fiverr
- Supports 150 currencies and has 3 million users
- Acquired Armor Payments to provide secure online escrow
- Raised $270 million
- Named a Cool Vendor by Gartner
- Recently launched an AI-powered savings guidance bot
- Raised $18 million
- Analyzed over 10 billion transactions
- Raised $60 million from firms like Google Ventures and Goldman Sachs
- Real estate is an $18 trillion industry
- Raised $15.4 million in debt and equity from top venture firms and angel investors
- Reached 800,000 users by the end of 2015
- Recently launched a health insurance app to help consumers with Open Enrollment
- Raised $21 million led by Steve Case's Revolution Ventures
- Works with companies like AIG and GE
- Raised $7 million
- In July, Point72’s Steve Cohen committed up to $250 million into Quantopian strategies.
- Has 90,000 members from 180 countries
- Raised $50 million
- 15 of the top 50 banks in the world work with Ripple
- 87% coverage of FX crosses
- Raised over $90 million
- The firm's tools for publishers now reach 40 million readers per month via deals with CNN and AOL.
- Raised $23 million
The startup provides AP automation that caters to restaurants and accountants. Restaurants use common scanners to upload invoices or receipts and email them to Sourcery, which extracts the data and organizes it.
- Raised $11 million
- Stockpile's gift cards for individual stocks appear in Toys R Us, Safeway, and Office Depot.
- Over 1000 stocks available to purchase via gift card
- Raised $15 million
- Available in UK and Australia -- US launch planned in 2017.
- Raised over $45 million
- $7 trillion market opportunity
- Raised $7 million
- Almost 900,000 subscribers
- NZ$1 trillion recorded in Xero during 2015
- Raised $355 million, publicly traded in Australia