Top Young Fintech Startups Disrupting Trading, Banking, and Investing

• Insider asked more than 40 top fintech investors to nominate the most promising fintechs.
• Investors highlighted startups that haven’t raised more than a Series B. 
• Here are the 61 most promising fintechs.

Even as funding in fintech fell to one of its lowest levels since the pandemic started, investors still see bright spots in the sector. 

Insider surveyed 43 investors — including those from Bain Capital Ventures, Lightspeed Venture Partners, and QED Investors — about the most promising fintechs to watch. Startups that were nominated included a mix of investors’ portfolio companies and ones in which they have no financial interest. In total, 61 startups that haven’t raised beyond a Series B round were identified. 

As was the case last year, the majority of those nominated work with other businesses, not individual consumers. Many investors noted B2B startups are one of the biggest bright spots in the sector as businesses and financial institutions continue to streamline their processes and cut costs where they can.  

Fintech has been hit hard by the economic downturn. Global fintech funding dropped to $20.4 billion in the second quarter, falling 46% from last year, according to data from CB Insights. This represents the lowest level of funding for fintech since the last quarter of 2020, as venture investors pulled back amid the looming recession and public-market volatility. 

Among the B2B fintechs in the list, infrastructure and payments were popular focus areas, with many companies also looking at making it easier to access digital assets. Investors also nominated financial-advisory apps, lending services, and digital banks on the more consumer-facing side of fintech.

Check out the 61 fintechs identified as most promising by top investors.