The 50 Hottest FinTech Startups That Are Driving The Industry

The past year has been painful for the financial technology industry, with publicly traded fintech stocks languishing 50% below their late 2021 peak, even as the S&P 500 has surged to new highs. Venture capital funding for fintech startups is even more depressed-it fell more than 70% from $141 billion worldwide in 2021 to $39 billion in 2023, according to CB Insights. Both layoffs and fire sales have spread.
Yet our new 2024 Fintech 50 list is packed with extraordinary entrepreneurs who have adapted and flourished in this environment. Three categories that primarily serve other businesses-Payments, Wall Street & Enterprise and Business to Business Banking-made the strongest showing, accounting for 27 of our 50 picks and seven of the 13 first-time honorees on this year’s list, our ninth annual honor roll of the most innovative private businesses in fintech.
Forbes Senior Editor, Jeff Kauflin, and reporter Emily Mason sat down in studio to break down this year's list and highlight some of its newcomers and trends.
0:00 Introduction
0:22 Trends For The 2024 List
2:38 The Overall Climate Of The Fintech Market Right Now
4:29 Layoffs Effecting The Fintech Job Market
6:42 Newcomers For The 2024 Fintech List
7:44 Who Recently Hit A $1 Billion Valuation?
Read the full story on Forbes: www.forbes.com/lists/fintech50/
Subscribe to FORBES: kzbin.info?s...
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
account.forbes.com/membership...
Stay Connected
Forbes newsletters: newsletters.editorial.forbes.com
Forbes on Facebook: forbes
Forbes Video on Twitter: / forbes
Forbes Video on Instagram: / forbes
More From Forbes: forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

[@reinefantastique]

Hello my dear friend! thank you for the cool video! I'll wait for new videos

[@MasudRahman-qt5uk]

A lazy list. 48 out of 50 are from the US. Do your due diligence or just call it Top 50 Fintechs in the US.

[@Officialkalvinn]

i wouldn’t come to forbes for your world news bud

[@luckiirevenge]

The largest fintech companies in the world right now are from the US. Revenue wise.

[@fromhigherground4272]

@@luckiirevengeyou mean the Ponzi schemes?