Despite how boring finance is, technology has come along and made it exciting. The world of fintech is booming, with new players on the scene all the time. Startups offer innovation and will pour 100% into the work they do because they want to succeed. Therefore, it’s good to know which startups to look out for and back. With this in mind, we’ve gathered together five fintech startups you should keep your eye on in 2021.
Redi2
This well-established Boston-based startup has become one of the leading financial SaaS software. Redi2 Technologies enable businesses to serve their clients. They do this through offering revenue management, wealth management, and excellent billing software – BillFin. The guys over at Redi2 became the leaders of the SaaS financial delivery model, meaning they could offer a better service to their clients whilst setting a precedent of things to come.
Klarna
Swedish company Klarna is fast becoming one of the most well-known flexible payments systems on the planet. When customers are in a pinch, Klarna offers flexible options that include spreading the payment over a month, direct payments, or paying after delivery. Businesses that onboard Klarna will be paid by them regardless of whether the customer foots the bill. Their model means that you can provide risk-free payment options to your customers.
TradingView
TradingView offers incredible charting systems for investors and traders no matter what skill level. Further, there’s an integrated social media feature that means people can share their insights and discuss all things trading. Trading charts can be difficult to understand if you’re not in the know, which is why TradingView makes them easy to digest. With this software at your side, you can set up alerts for tracked trades, meaning you never need to miss a beat.
Monzo
Monzo is growing in popularity already and allows for an easy cardless bank account. In a world where people live on their phones, it makes sense for a bank to exist solely online. With Monzo, people can get things done through their smart devices, such as purchasing online through Amazon’s Alexa. There is no need to queue to cash cheques in at the bank, take care of all your usual needs at your fingertips. They have a user base of over 4 million customers and are only set to rise.
Bitstamp
Bitstamp is a one-stop shop for buying and selling cryptocurrencies. Designed in 2011 by Nejc Kodric and Damijan Merlak as an alternative to Bitcoin, this crypto trading center has officers all over the world including California, Berkeley, and London. With the high profile of cryptocurrencies at the moment, Bitstamps is set to continue doing well. That is until world governments find a way to control and centralize cryptocurrencies.
People in every industry are crying out for fintech solutions. The market is already well-established, but this doesn’t mean there isn’t the opportunity to slice through the noise. With technology advancing annually, there are always new avenues to explore. Who knows, we might be making payments through retina scan in the future.