At FintechLabs we maintain a list of 21st-century fintech unicorns* updated daily (current list here). In December we added one new unicorn and lost four, for a year-end total of 329. The total market value of the group is $1.5 trillion, down $45 billion from last month. 

Fintech Unicorn count:
Beginning (Dec 1) = 332
Plus: 1 newly recognized (Paya)
Minus: 4 fell off the list (Lending Club, Zuora, GreenDot & Fawry are publically traded and fell below $1B)
________________
Total (Dec 31) = 329

Total market value
Beginning (Dec 1) = $1.555 trillion
Plus: $1.3B value of new entrants
Less: $46B decrease in value of previous unicorns
___________________
Total (Dec 31) = $1.510 trillion


Full Fintech Unicorn List

Rank Company Value ($B) Value Date Founded Country
1 PayPal 89 4 Jan ’23 1999 USA
2 Stripe 75 WSJ 15 July 2022 2010 USA
3 Ant Technology 75 Bloomberg Aug 2022 2014 China
4 Shopify 48 4 Jan ’23 2004 Canada
5 Adyen 43 4 Jan ’23 2006 Netherlands
6 Block (Square) 40 4 Jan ’23 2009 USA
7 Revolut 33 July 2021 round 2015 UK
8 Afterpay 29 Aug 2021 exit (Block) 2014 Australia
9 Binance 25 Bloomberg June 2022 2017 Malta
10 Chime 25 Aug 2021 round 2013 USA
11 Acrisure 23 May 2022 round 2005 USA
12 Citadel Securities 22 Jan 2022 round 2001 USA
13 WeBank 21 Nov 2018 transaction 2014 China
14 FNZ 20 Feb 2022 round 2004 London
15 Nubank 17 4 Jan ’23 2013 Brazil
16 Marqeta 16 Secondary May 2021 2010 USA
17 Blockchain.com 14 Mar 2022 round 2011 UK
18 Lakala 14 4 Jan ’23 2004 China
19 Plaid Technologies 13 April 2021 round 2012 USA
20 GoodLeap 12 Jan 2021 round 2003 USA
21 Bill.com 12 4 Jan ’23 2006 USA
22 Bolt 11 Jan 2022 round 2014 USA
23 Checkout.com 11 Estimate Dec 2022 2012 UK
24 Xero 11 4 Jan ’23 2006 New Zealand
25 Gusto 10 May 2022 round 2011 USA
26 KuCoin 10 May 2022 round 2017 Saychelles
27 Ripple 10 Dec 2019 round 2012 USA
28 Coinbase 9.9 4 Jan ’23 2012 USA
29 Toast 9.6 4 Jan ’23 2011 USA
30 KakaoBank 9.5 4 Jan ’23 2016 South Korea
31 Bullish 9.1 July 2021 SPAC (cancelled) 2021 Cayman Islands
32 N26 9.0 Oct 2021 round 2013 Germany
33 Circle Internet Financial 9.0 Feb 2022 SPAC (cancelled) 2013 USA
34 Rapyd 8.8 April 2021 round 2016 UK
35 Chainalysis 8.6 May 2022 round 2014 USA
36 SumUp 8.4 June 2022 round 2012 UK
37 Tipalti 8.3 Dec 2021 round 2010 USA
38 Ramp 8.1 Feb 2022 round 2019 USA
39 FalconX 8.0 June 2022 round 2018 USA
40 Fireblocks 8.0 Jan 2022 round 2018 USA
41 Jiedaibao 7.8 Jan 2016 round 2014 China
42 Better.com 7.7 May 2021 SPAC (proposed) 2016 USA
43 Brex 7.6 Jan 2023 secondary 2017 USA
44 Razorpay 7.5 April 2021 round 2014 India
45 Carta 7.4 Aug 2021 round 2012 USA
46 TripActions 7.3 Oct 2021 round 2015 USA
47 Gemini 7.1 Nov 2021 round 2014 USA
48 Credit Karma 7.1 Exit 2007 USA
49 Remitly 7.0 Sep 2021 round 2011 USA
50 Toss (Viva Republica) 7.0 Dec 2022 round 2011 South Korea
51 NYDIG 7.0 Dec 2021 round 2017 USA
52 Robinhood 6.9 4 Jan ’23 2013 USA
53 Klarna 6.7 July 2022 round 2005 Sweden
54 Mollie 6.5 June 2021 round 2004 Netherlands
55 CRED 6.2 June 2022 round 2018 India
56 Upgrade 6.0 Nov 2021 round 2016 USA
57 eToro 6.0 Estimate July 2022 2007 UK
58 Trustly 5.9 May 2021 IPO filing 2008 Sweden
59 Root Insurance 5.8 Oct 2020 IPO 2016 USA
60 Wise (TransferWise) 5.7 4 Jan ’23 2011 UK
61 Deel 5.5 Oct 2021 round 2018 USA
62 Airwallex 5.5 Nov 2021 round 2015 Australia
63 Mambu 5.5 Dec 2021 round 2011 Germany
64 PhonePe 5.5 Dec 2020 spinout 2015 India
65 Clearwater Analytics 5.4 4 Jan ’23 2003 USA
66 Trade Republic 5.3 May 2021 round 2015 Germany
67 HealthEquity 5.1 4 Jan ’23 2002 USA
68 Nuvei 5.1 4 Jan ’23 2003 Canada
69 Coalition 5.0 July 2022 round 2017 USA
70 Qonto 5.0 Jan 2022 round 2016 France
71 Lufax 4.9 4 Jan ’23 2011 China
72 Creditas 4.8 Jan 2022 round 2012 Brazil
73 dLocal 4.7 4 Jan ’23 2016 Uruguay
74 Lendable 4.6 Mar 2022 round 2014 USA
75 Socure 4.5 Nov 2021 round 2012 USA
76 Wefox 4.5 July 2022 round 2015 Germany
77 Monzo 4.5 Dec 2021 round 2015 UK
78 Bitpanda 4.1 Aug 2021 round 2014 Austria
79 AngelList 4.0 Mar 2022 round 2010 USA
80 Next Insurance 4.0 Mar 2021 round 2016 USA
81 iCapital Network 4.0 July 2021 round 2013 USA
82 Kakao Pay 4.0 IPO filing 2021 2014 South Korea
83 Melio Payments 4.0 Aug 2021 round 2018 USA
84 WealthSimple 4.0 April 2021 round 2014 Canada
85 Kraken 4.0 2019 round (per Fortune) 2011 USA
86 SoFi 3.9 4 Jan ’23 2011 USA
87 Dutchie 3.8 Oct 2021 round 2017 USA
88 Papaya Global 3.7 Mar 2021 round 2016 Israel
89 SpotOn 3.6 May 2022 round 2017 USA
90 PolicyBazaar 3.5 Mar 2021 round 2008 India
91 Chargebee 3.5 Jan 2022 round 2011 USA
92 Assurance 3.5 Exit 2016 USA
93 Virtu Financial 3.5 4 Jan ’23 2008 USA
94 MoonPay 3.4 Oct 2021 round 2019 USA
95 Blockdaemon 3.3 Jan 2022 round 2017 USA
96 Figure 3.2 May 2021 round 2018 USA
97 Cedar 3.2 Mar 2021 round 2016 USA
98 Blockstream 3.2 Aug 2021 round 2014 Canada
99 HighRadius 3.1 Mar 2021 round 2006 USA
100 China UnionPay 3.0 Per Crunchbase 12/19 2002 China
101 Groww 3.0 Oct 2021 round 2017 India
102 Forter 3.0 May 2021 round 2013 USA
103 PineLabs 3.0 May 2021 round 1998 India
104 Devoted Health 3.0 May 2020 round 2017 USA
105 Cross River Bank 3.0 Mar 2022 round 2008 USA
106 Flutterwave 3.0 Feb 2022 round 2016 USA
107 Anchorage Digital 3.0 Dec 2021 round 2017 USA
108 Stone 3.0 4 Jan ’23 2013 Brazil
109 Rakuton Securities 2.9 Oct 2022 round 1999 Japan
110 OVO 2.9 Mar 2019 round 2017 Indonesia
111 BharatPe 2.9 August 2021 round 2018 India
112 DriveWealth 2.9 Aug 2021 round 2012 USA
113 Affirm 2.9 4 Jan ’23 2012 USA
114 nCino 2.9 4 Jan ’23 2012 USA
115 OakNorth 2.8 May 2019 round 2015 UK
116 Verafin 2.8 Exit Nov 2020 2003 Canada
117 PagSeguro 2.8 4 Jan ’23 2006 Brazil
118 Thought Machine 2.7 May 2022 round 2015 UK
119 Backbase 2.7 June 2022 round 2003 Netherlands
120 Paidy 2.7 Exit Sep 2021 (PayPal) 2008 Japan
121 Flywire 2.7 4 Jan ’23 2011 USA
122 Duck Creek Software 2.6 Exit (Vist Equity Jan ’22 proposed) 2000 USA
123 Tinkoff Bank 2.5 16 Dec ’22 2006 Russia
124 Varo Money 2.5 Sep 2021 round 2015 USA
125 Aura 2.5 Oct 2021 round 2019 USA
126 Divvy 2.5 Exit May 2021 (Bill.com) 2016 USA
127 Itiviti 2.5 Exit April 2021 2016 Sweden
128 Uala 2.5 Aug 2021 round 2017 Argentina
129 Coda Payments 2.5 April 2022 round 2011 Singapore
130 Paxos 2.4 April 2021 round 2012 USA
131 Aspiration 2.3 Sep 2021 SPAC (proposed) 2013 USA
132 Lifelock 2.3 Exit 2005 USA
133 Greenlight 2.3 April 2021 round 2014 USA
134 CloudWalk 2.2 Nov 2021 round 2013 Brazil
135 Bitso 2.2 May 2021 round 2014 Mexico
136 Addepar 2.2 June 2021 round 2009 USA
137 Tink 2.2 June 2021 Exit (Visa) 2012 Sweden
138 iZettle 2.2 Exit 2010 Sweden
139 Current 2.2 April 2021 round 2015 USA
140 CoinDCX 2.2 Apr 2022 round 2017 India
141 Newfront 2.2 Apr 2022 round 2017 USA
142 ReCharge 2.1 May 2021 round 2014 USA
143 Jeeves 2.1 Mar 2022 round 2019 USA
144 Mercado Bitcoin 2.1 June 2021 round 2013 Brazil
145 PayFit 2.1 Jan 2022 round 2015 France
146 GoCardless 2.1 Feb 2022 round 2011 UK
147 21.co 2.0 Sep 2022 round 2018 Switzerland
148 Atome 2.0 Sep 2021 round 2019 Singapore
149 Avant 2.0 Sep 2015 round 2012 USA
150 FirstP2P 2.0 Per Crunchbase Dec 2019 2013 China
151 Copper 2.0 Oct 2022 round 2018 UK
152 Modern Treasury 2.0 Oct 2021 round 2018 USA
153 Mynt (Gcash) 2.0 Oct 2021 round 2003 Phillipines
154 Chipper Cash 2.0 Nov 2021 round 2018 USA
155 Zilch 2.0 Nov 2021 round 2018 UK
156 Babel Finance 2.0 May 2022 round 2018 Hong Kong
157 Zenefits 2.0 May 2015 round 2013 USA
158 Acorns 2.0 Mar 2022 round 2012 USA
159 Lunar 2.0 Mar 2022 round 2015 Denmark
160 Pipe 2.0 Mar 2021 round 2019 USA
161 Bunq 2.0 June 2021 round 2012 Netherlands
162 Clip 2.0 June 2021 round 2012 Mexico
163 Amber Group 2.0 Dec 2022 round est. 2017 Hong Kong
164 MoMo 2.0 Dec 2021 round 2007 Vietnam
165 Divvy Homes 2.0 Aug 2021 round 2017 USA
166 Opay 2.0 Aug 2021 round 2018 Nigeria
167 Waterdrop 2.0 Aug 2020 round 2016 China
168 Clearco 2.0 April 2021 round 2015 USA
169 Coinswitch Kuber 1.9 Oct 2021 round 2017 India
170 Roofstock 1.9 Mar 2022 round 2015 USA
171 Starling Bank 1.9 Mar 2021 round 2014 UK
172 Digit Insurance 1.9 Jan 2021 round 2016 India
173 MX 1.9 Jan 2021 round 2010 USA
174 AvidXchange 1.9 4 Jan ’23 2000 USA
175 Payoneer 1.9 4 Jan ’23 2005 USA
176 GreenSky 1.8 Sep 2021 exit (Goldman) 2006 USA
177 Trulioo 1.8 June 2021 round 2011 Canada
178 Wave 1.7 Sep 2021 round 2018 Senegal
179 Kredivo (FinAccel) 1.7 Oct 2022 round 2015 Indonesia
180 Uniswap 1.7 Oct 2022 round 2018 USA
181 Mercury Technologies 1.7 July 2021 round 2015 USA
182 Spotter 1.7 Feb 2022 round 2019 USA
183 Mercury Payments 1.7 Exit (Vantiv 2014) 2001 USA
184 Neon Payments 1.6 May 2022 round 2016 Brazil
185 Capitolis 1.6 Mar 2022 round 2017 USA
185 Pave 1.6 June 2022 round 2019 USA
186 Solaris Bank 1.6 July 2021 round 2016 Germany
187 BillDesk 1.6 July 2019 round 2000 India
188 Wayflyer 1.6 Jan 2022 round 2019 Ireland
189 BillTrust 1.6 4 Jan ’23 2001 USA
190 Q2 Holdings 1.6 4 Jan ’23 2004 USA
191 Alloy 1.6 Aug 2022 round 2015 USA
192 Ascend Money 1.5 Sep 2021 round 2015 Thailand
193 Bilt 1.5 Oct 2022 round 2019 USA
194 Bolttech 1.5 Oct 2022 round 2020 Singapore
195 Coinlist 1.5 Oct 2021 round 2017 USA
196 Dock 1.5 May 2022 round 2014 Brazil
197 Zeta 1.5 May 2021 round 2015 India
198 WeLab 1.5 Mar 2021 round (est) 2013 HongKong
199 PingPong 1.5 Mar 2019 round 2015 China
200 Kushki 1.5 June 2022 round 2017 Ecuador
201 Ledger 1.5 June 2021 round 2014 France
202 Built 1.5 July 2022 round 2014 USA
203 OneCard 1.5 July 2022 round 2019 India
204 M1 Finance 1.5 July 2021 round 2015 USA
205 Akulaku 1.5 Feb 2022 round 2014 Indonesia
206 GoHealth 1.5 Exit 2001 USA
207 Zepz (WorldRemit) 1.5 Bloomberg Aug 2020 2010 UK
208 Alkami 1.4 April 2021 round 2009 USA
209 Wealthfront 1.4 Sep 2022 round 2008 USA
210 Paddle 1.4 May 2022 round 2012 UK
211 Judo Bank 1.4 June 2021 round 2016 Australia
212 Scalable Capital 1.4 June 2021 round 2014 Germany
213 CGTZ 1.4 June 2018 round 2013 China
214 At-Bay 1.4 July 2021 round 2016 USA
215 Stash 1.4 Feb 2021 round 2015 USA
216 Figment 1.4 Dec 2021 round 2018 USA
217 FPL Technologies 1.4 Aug 2022 round 2019 India
218 Betterment 1.3 Sep 2021 round 2008 USA
219 Konvio 1.3 Sep 2021 round 2013 Mexico
220 Marshmallow 1.3 Sep 2021 round 2017 UK
221 Talos 1.3 May 2022 round 2018 USA
222 CredAvenue 1.3 Mar 2022 round 2017 India
223 Cointracker 1.3 Jan 2022 round 2017 USA
224 iTrustCapital 1.3 Jan 2022 round 2018 USA
225 Lukka 1.3 Jan 2022 round 2014 USA
226 TrueBill 1.3 Dec 2021 exit (Rocket) 2015 USA
227 TaxBit 1.3 Aug 2021 round 2018 USA
228 Signifyd 1.3 April 2021 round 2011 USA
229 Paya 1.3 Jan 2022 exit (Nuvei) 2006 USA
230 SimpleNexus 1.2 Nov 2021 exit (nCino) 2011 USA
231 Unit 1.2 May 2022 round 2019 USA
232 Pilot 1.2 Mar 2021 round 2016 USA
233 FloQast 1.2 July 2021 round 2013 USA
234 Phantom Technologies 1.2 Jan 2022 round 2021 USA
235 Clover Health 1.2 Jan 2019 round 2013 USA
236 Scalapay 1.2 Feb 2022 round 2019 Italy
237 Public.com 1.2 Feb 2021 round 2018 USA
238 Galileo 1.2 Exit 2000 USA
239 Skrill 1.2 Estimate (Dealroom.co) 2001 UK
240 AgentSync 1.2 Dec 2021 round 2018 USA
241 Stori 1.2 August 2022 round 2011 Mexico
242 Enova 1.2 4 Jan ’23 2004 USA
243 Linklogis 1.2 4 Jan ’23 2016 China
244 Oscar Health 1.2 4 Jan ’23 2012 USA
245 Upstart 1.2 4 Jan ’23 2012 USA
246 Deposit Solutions 1.1 Sep 2019 round 2011 Germany
247 Super Apps Holding 1.1 Oct 2022 SPAC (proposed)   Malysia
248 Acko 1.1 Oct 2021 round 2016 India
249 Fundbox 1.1 Nov 2021 round 2013 USA
250 Caribou 1.1 May 2022 round 2016 USA
251 Sunbit 1.1 May 2021 round 2016 USA
252 Tradeshift 1.1 May 2018 round 2009 USA
253 Zego 1.1 Mar 2021 round 2016 UK
254 Branch 1.1 June 2022 round 2017 USA
255 Spendesk 1.1 Jan 2022 round 2016 France
256 Happy Money (fka Payoff) 1.1 Feb 2022 round 2009 USA
257 Technysis 1.1 Feb 2022 exit (SoFi) 1999 USA
258 Earnix 1.1 Feb 2021 round 2001 Israel
259 Cayan 1.1 Exit 1998 USA
260 MobileCoin 1.1 Aug 2021 round 2017 USA
261 Sezzle 1.1 4 Jan ’23 2016 USA
262 Orchard 1.0 Sept 2021 round 2017 USA
263 Xendit 1.0 Sept 2021 round 2014 Indonesia
264 Pie Insurance 1.0 Sep 2022 round (est) 2017 USA
265 Satispay 1.0 Sep 2022 round 2013 Italy
266 TrueLayer 1.0 Sep 2021 round 2016 UK
267 Xtransfer 1.0 Sep 2021 round 2017 China
268 Vesttoo 1.0 Oct 2022 round 2018 Israel
269 Ajaib 1.0 Oct 2021 round 2018 Indonesia
270 Worldcoin 1.0 Oct 2021 round 2019 USA
271 Zopa 1.0 Oct 2021 round 2004 UK
272 EBANX 1.0 Oct 2019 round 2012 Brazil
273 Bitkub 1.0 Nov 2021 round 2018 Thailand
274 Slice 1.0 Nov 2021 round 2016 India
275 Crypto.com 1.0 Nov 2021 estimate 2016 Singapore
276 Interswitch 1.0 Nov 2019 round 2002 Nigeria
277 ClearStreet 1.0 May 2022 round 2018 USA
278 Neo Financial 1.0 May 2022 round 2019 Canada
279 Opn 1.0 May 2022 round 2020 Thailand
280 Transfermate 1.0 May 2022 round 2010 Ireland
281 Amount 1.0 May 2021 round 2019 USA
282 DailyPay 1.0 May 2021 round 2015 USA
283 Shift Technology 1.0 May 2021 round 2013 France
284 Vise 1.0 May 2021 round 2016 USA
285 Glia 1.0 Mar 2022 round 2012 USA
286 Guantlet 1.0 Mar 2022 round 2018 USA
287 Oxyzo 1.0 Mar 2022 round 2016 India
288 Stax (FatMerchant) 1.0 Mar 2022 round 2014 USA
289 Feedzai 1.0 Mar 2021 round 2011 USA
290 ChromeRiver (Emburse) 1.0 Mar 2019 merger (Certify) 2007 USA
291 LendingHome 1.0 Mar 2018 round 2014 USA
292 SmartAsset 1.0 June 2021 round 2012 USA
293 Nutmeg 1.0 June 2021 exit (JPMorgan) 2011 UK
294 Currency Cloud 1.0 July 2020 exit (Visa) 2012 UK
295 Betterfly 1.0 Jan 2022 round 2018 Chile
296 Cais 1.0 Jan 2022 round 2009 USA
297 Esusu 1.0 Jan 2022 round 2016 USA
298 PPRO 1.0 Jan 2021 round 2006 UK
299 Cart.com 1.0 Feb 2022 round (est) 2021 USA
300 Flex 1.0 Feb 2022 round (est) 2019 USA
301 Payhawk 1.0 Feb 2022 round 2018 London
302 Railsbank 1.0 Feb 2022 round 2016 London
303 InvestCloud 1.0 Feb 2021 transaction 2010 USA
304 Webull 1.0 Feb 2021 round 2016 China
305 Personal Capital 1.0 Exit 2009 USA
306 Lydia 1.0 Dec 2021 round 2013 France
307 DANA Wallet 1.0 Aug 2022 round 2017 Indonesia
308 Clark 1.0 Aug 2022 round 2015 Germany
309 Zebic 1.0 Aug 2022 round 2021 USA
310 Paystand 1.0 Aug 2022 merger 2013 USA
311 Freshbooks 1.0 Aug 2021 round 2003 Canada
312 Human Interest 1.0 Aug 2021 round 2015 USA
313 MatrixPort 1.0 Aug 2021 round 2019 Singapore
314 Nium 1.0 Aug 2021 round 2015 Singapore
315 Octane Lending 1.0 Aug 2021 round 2014 USA
316 Sightline Payments 1.0 Aug 2021 round 2009 USA
317 VNLife (VNPay) 1.0 Aug 2021 round 2007 Vietnam
318 Numbrs 1.0 Aug 2019 round 1999 Switzerland
319 Open 1.0 April 2022 round 2017 India
320 Clearcover 1.0 April 2021 round 2016 USA
321 Sift 1.0 April 2021 round 2011 USA
322 The Zebra 1.0 April 2021 round 2012 USA
323 TaxFix 1.0 Apr 2022 round 2016 Germany
324 C2FO 1.0 Apr 2019 round 2008 USA
325 Liquid 1.0 Apr 2019 round 2013 Japan
326 Lemonade 1.0 4 Jan ’23 2015 USA
327 Finicity 1.0 June 2020 Exit (Mastercard) 1999 USA
328 Paymentus 1.0 4 Jan ’23 2004 USA
329 Bright Health 1.0 Nov 2019 round 2015 USA
Source: FintechLabs, 4 Jan 2023

*To qualify, a company must have achieved scale in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting/payroll. We do not include health insurance companies. Services can be sold directly to consumers or through financial institutions or other companies. Real-time update list here.

** Know any missing unicorns? Please email jim@fintechlabs.com