At FintechLabs we maintain a list of 21st-century fintech unicorns* updated daily (current list here). In November we added three new unicorns and lost three, for a month-end total of 332. The total market value of the group is $1.6 trillion, down $52 billion from last month. The biggest cause of the decline was FTX going from $32B to zero. 

Fintech Unicorn count:
Beginning (Nov 1) = 332
Plus: 3 newborns (Rakuton Securities, Kredivo (FinAccel), Uniswap)
Minus: 3 fell off the list (Expensify & Pagaya which are both publically traded and fell below $1B; FTX)
________________
Total (Nov 30) = 332

Total market value
Beginning (Oct 1) = $1.607 trillion
Plus: $6B value of new entrants
Less: $58B decrease in value of previous unicorns (primarily due to FTX going from $32B to zero)
___________________
Total (Nov 30) = $1.555 trillion


Full Fintech Unicorn List

Rank Company Value ($B) Value Date Founded Country
1 PayPal 86 1 Dec ’22 1999 USA
2 Ant Technology 75 Bloomberg Aug 2022 2014 China
3 Stripe 75 WSJ 15 July 2022 2010 USA
4 Adyen 49 1 Dec ’22 2006 Netherlands
5 Shopify 49 1 Dec ’22 2004 Canada
6 Checkout.com 40 Jan 2022 round 2012 UK
7 Block (Square) 38 1 Dec ’22 2009 USA
8 Revolut 33 July 2021 round 2015 UK
9 Afterpay 29 Aug 2021 exit (Block) 2014 Australia
10 Binance 25 Bloomberg June 2022 2017 Malta
11 Chime 25 Aug 2021 round 2013 USA
12 Acrisure 23 May 2022 round 2005 USA
13 Citadel Securities 22 Jan 2022 round 2001 USA
14 WeBank 21 Nov 2018 transaction 2014 China
15 FNZ 20 Feb 2022 round 2004 London
16 Nubank 20 1 Dec ’22 2013 Brazil
17 Marqeta 16 Secondary May 2021 2010 USA
18 Blockchain.com 14 Mar 2022 round 2011 UK
19 Plaid Technologies 13 April 2021 round 2012 USA
20 Brex 12 Jan 2022 round 2017 USA
21 GoodLeap 12 Jan 2021 round 2003 USA
22 Bill.com 12 1 Dec ’22 2006 USA
23 Lakala 12 1 Dec ’22 2004 China
24 Coinbase 11 1 Dec ’22 2012 USA
25 Bolt 11 Jan 2022 round 2014 USA
26 Xero 11 1 Dec ’22 2006 New Zealand
27 Gusto 10 May 2022 round 2011 USA
28 KuCoin 10 May 2022 round 2017 Saychelles
29 Ripple 10 Dec 2019 round 2012 USA
30 Tinkoff Bank 9.3 1 Dec ’22 2006 Russia
31 Toast 9.1 1 Dec ’22 2011 USA
32 Bullish 9.1 July 2021 SPAC (proposed) 2021 Cayman Islands
33 Circle Internet Financial 9.0 Feb 2022 SPAC (cancelled) 2013 USA
34 N26 9.0 Oct 2021 round 2013 Germany
35 Rapyd 8.8 April 2021 round 2016 UK
36 Chainalysis 8.6 May 2022 round 2014 USA
37 SumUp 8.4 June 2022 round 2012 UK
38 Tipalti 8.3 Dec 2021 round 2010 USA
39 Ramp 8.1 Feb 2022 round 2019 USA
40 FalconX 8.0 June 2022 round 2018 USA
41 Fireblocks 8.0 Jan 2022 round 2018 USA
42 Jiedaibao 7.8 Jan 2016 round 2014 China
43 Better.com 7.7 May 2021 SPAC (proposed) 2016 USA
44 Robinhood 7.6 1 Dec ’22 2013 USA
45 Razorpay 7.5 April 2021 round 2014 India
46 Carta 7.4 Aug 2021 round 2012 USA
47 Toss (Viva Republica) 7.4 June 2021 round 2011 South Korea
48 TripActions 7.3 Oct 2021 round 2015 USA
49 Gemini 7.1 Nov 2021 round 2014 USA
50 Credit Karma 7.1 Exit 2007 USA
51 NYDIG 7.0 Dec 2021 round 2017 USA
52 Remitly 7.0 Sep 2021 round 2011 USA
53 Wise (TransferWise) 6.7 1 Dec ’22 2011 UK
54 Klarna 6.7 July 2022 round 2005 Sweden
55 Mollie 6.5 June 2021 round 2004 Netherlands
56 CRED 6.2 June 2022 round 2018 India
57 eToro 6.0 Estimate July 2022 2007 UK
58 Upgrade 6.0 Nov 2021 round 2016 USA
59 Trustly 5.9 May 2021 IPO filing 2008 Sweden
60 Root Insurance 5.8 Oct 2020 IPO 2016 USA
61 KakaoBank 5.7 1 Dec ’22 2016 South Korea
62 Nuvei 5.5 1 Dec ’22 2003 Canada
63 Airwallex 5.5 Nov 2021 round 2015 Australia
64 Deel 5.5 Oct 2021 round 2018 USA
65 Mambu 5.5 Dec 2021 round 2011 Germany
66 PhonePe 5.5 Dec 2020 spinout 2015 India
67 HealthEquity 5.4 1 Dec ’22 2002 USA
68 Clearwater Analytics 5.3 1 Dec ’22 2003 USA
69 Trade Republic 5.3 May 2021 round 2015 Germany
70 Coalition 5.0 July 2022 round 2017 USA
71 Qonto 5.0 Jan 2022 round 2016 France
72 Creditas 4.8 Jan 2022 round 2012 Brazil
73 Lendable 4.6 Mar 2022 round 2014 USA
74 Monzo 4.5 Dec 2021 round 2015 UK
75 Socure 4.5 Nov 2021 round 2012 USA
76 Wefox 4.5 July 2022 round 2015 Germany
77 dLocal 4.1 1 Dec ’22 2016 Uruguay
78 Bitpanda 4.1 Aug 2021 round 2014 Austria
79 AngelList 4.0 Mar 2022 round 2010 USA
80 iCapital Network 4.0 July 2021 round 2013 USA
81 Kakao Pay 4.0 IPO filing 2021 2014 South Korea
82 Kraken 4.0 2019 round (per Fortune) 2011 USA
83 Melio Payments 4.0 Aug 2021 round 2018 USA
84 Next Insurance 4.0 Mar 2021 round 2016 USA
85 WealthSimple 4.0 April 2021 round 2014 Canada
86 Lufax 3.9 1 Dec ’22 2011 China
87 Dutchie 3.8 Oct 2021 round 2017 USA
88 Affirm 3.7 1 Dec ’22 2012 USA
89 Virtu Financial 3.7 1 Dec ’22 2008 USA
90 Papaya Global 3.7 Mar 2021 round 2016 Israel
91 SoFi 3.6 1 Dec ’22 2011 USA
92 SpotOn 3.6 May 2022 round 2017 USA
93 Stone 3.5 1 Dec ’22 2013 Brazil
94 Chargebee 3.5 Jan 2022 round 2011 USA
95 PolicyBazaar 3.5 Mar 2021 round 2008 India
96 Assurance 3.5 Exit 2016 USA
97 MoonPay 3.4 Oct 2021 round 2019 USA
98 PagSeguro 3.3 1 Dec ’22 2006 Brazil
99 Blockdaemon 3.3 Jan 2022 round 2017 USA
100 Blockstream 3.2 Aug 2021 round 2014 Canada
101 Cedar 3.2 Mar 2021 round 2016 USA
102 Figure 3.2 May 2021 round 2018 USA
103 HighRadius 3.1 Mar 2021 round 2006 USA
104 Amber Group 3.0 Feb 2022 round 2017 Hong Kong
105 Anchorage Digital 3.0 Dec 2021 round 2017 USA
106 China UnionPay 3.0 Per Crunchbase 12/19 2002 China
107 Cross River Bank 3.0 Mar 2022 round 2008 USA
108 Devoted Health 3.0 May 2020 round 2017 USA
109 Flutterwave 3.0 Feb 2022 round 2016 USA
110 Forter 3.0 May 2021 round 2013 USA
111 Groww 3.0 Oct 2021 round 2017 India
112 PineLabs 3.0 May 2021 round 1998 India
113 BharatPe 2.9 August 2021 round 2018 India
114 DriveWealth 2.9 Aug 2021 round 2012 USA
115 OVO 2.9 Mar 2019 round 2017 Indonesia
116 Rakuton Securities 2.9 Oct 2022 round 1999 Japan
117 nCino 2.8 1 Dec ’22 2012 USA
118 OakNorth 2.8 May 2019 round 2015 UK
119 Verafin 2.8 Exit Nov 2020 2003 Canada
120 Backbase 2.7 June 2022 round 2003 Netherlands
121 Thought Machine 2.7 May 2022 round 2015 UK
122 Paidy 2.7 Exit Sep 2021 (PayPal) 2008 Japan
123 Aura 2.5 Oct 2021 round 2019 USA
124 Coda Payments 2.5 April 2022 round 2011 Singapore
125 Uala 2.5 Aug 2021 round 2017 Argentina
126 Varo Money 2.5 Sep 2021 round 2015 USA
127 Divvy 2.5 Exit May 2021 (Bill.com) 2016 USA
128 Itiviti 2.5 Exit April 2021 2016 Sweden
129 Paxos 2.4 April 2021 round 2012 USA
130 Flywire 2.3 1 Dec ’22 2011 USA
131 Aspiration 2.3 Sep 2021 SPAC (proposed) 2013 USA
132 Greenlight 2.3 April 2021 round 2014 USA
133 Lifelock 2.3 Exit 2005 USA
134 Addepar 2.2 June 2021 round 2009 USA
135 Bitso 2.2 May 2021 round 2014 Mexico
136 CloudWalk 2.2 Nov 2021 round 2013 Brazil
137 CoinDCX 2.2 Apr 2022 round 2017 India
138 Current 2.2 April 2021 round 2015 USA
139 Newfront 2.2 Apr 2022 round 2017 USA
140 iZettle 2.2 Exit 2010 Sweden
141 Tink 2.2 June 2021 Exit (Visa) 2012 Sweden
142 GoCardless 2.1 Feb 2022 round 2011 UK
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 ReCharge 2.1 May 2021 round 2014 USA
147 21.co 2.0 Sep 2022 round 2018 Switzerland
148 Acorns 2.0 Mar 2022 round 2012 USA
149 Atome 2.0 Sep 2021 round 2019 Singapore
150 Avant 2.0 Sep 2015 round 2012 USA
151 Babel Finance 2.0 May 2022 round 2018 Hong Kong
152 Bunq 2.0 June 2021 round 2012 Netherlands
153 Chipper Cash 2.0 Nov 2021 round 2018 USA
154 Clearco 2.0 April 2021 round 2015 USA
155 Clip 2.0 June 2021 round 2012 Mexico
156 Copper 2.0 Oct 2022 round 2018 UK
157 Divvy Homes 2.0 Aug 2021 round 2017 USA
158 FirstP2P 2.0 Per Crunchbase Dec 2019 2013 China
159 Lunar 2.0 Mar 2022 round 2015 Denmark
160 Modern Treasury 2.0 Oct 2021 round 2018 USA
161 MoMo 2.0 Dec 2021 round 2007 Vietnam
162 Mynt (Gcash) 2.0 Oct 2021 round 2003 Phillipines
163 Opay 2.0 Aug 2021 round 2018 Nigeria
164 Pipe 2.0 Mar 2021 round 2019 USA
165 Waterdrop 2.0 Aug 2020 round 2016 China
166 Zenefits 2.0 May 2015 round 2013 USA
167 Zilch 2.0 Nov 2021 round 2018 UK
168 Payoneer 1.9 1 Dec ’22 2005 USA
169 Coinswitch Kuber 1.9 Oct 2021 round 2017 India
170 Digit Insurance 1.9 Jan 2021 round 2016 India
171 MX 1.9 Jan 2021 round 2010 USA
172 Roofstock 1.9 Mar 2022 round 2015 USA
173 Starling Bank 1.9 Mar 2021 round 2014 UK
174 Trulioo 1.8 June 2021 round 2011 Canada
175 GreenSky 1.8 Sep 2021 exit (Goldman) 2006 USA
176 AvidXchange 1.7 1 Dec ’22 2000 USA
177 Kredivo (FinAccel) 1.7 Oct 2022 round 2015 Indonesia
178 Mercury Technologies 1.7 July 2021 round 2015 USA
179 Spotter 1.7 Feb 2022 round 2019 USA
180 Uniswap 1.7 Oct 2022 round 2018 USA
181 Wave 1.7 Sep 2021 round 2018 Senegal
182 Mercury Payments 1.7 Exit (Vantiv 2014) 2001 USA
183 BillTrust 1.6 1 Dec ’22 2001 USA
184 BillDesk 1.6 July 2019 round 2000 India
185 Capitolis 1.6 Mar 2022 round 2017 USA
185 Neon Payments 1.6 May 2022 round 2016 Brazil
186 Pave 1.6 June 2022 round 2019 USA
187 Solaris Bank 1.6 July 2021 round 2016 Germany
188 Wayflyer 1.6 Jan 2022 round 2019 Ireland
189 Alloy 1.6 Aug 2022 round 2015 USA
190 Q2 Holdings 1.5 1 Dec ’22 2004 USA
191 Upstart 1.5 1 Dec ’22 2012 USA
192 Akulaku 1.5 Feb 2022 round 2014 Indonesia
193 Ascend Money 1.5 Sep 2021 round 2015 Thailand
194 Bilt 1.5 Oct 2022 round 2019 USA
195 Bolttech 1.5 Oct 2022 round 2020 Singapore
196 Built 1.5 July 2022 round 2014 USA
197 Coinlist 1.5 Oct 2021 round 2017 USA
198 Dock 1.5 May 2022 round 2014 Brazil
199 Kushki 1.5 June 2022 round 2017 Ecuador
200 Ledger 1.5 June 2021 round 2014 France
201 M1 Finance 1.5 July 2021 round 2015 USA
202 OneCard 1.5 July 2022 round 2019 India
203 PingPong 1.5 Mar 2019 round 2015 China
204 WeLab 1.5 Mar 2021 round (est) 2013 HongKong
205 Zepz (WorldRemit) 1.5 Bloomberg Aug 2020 2010 UK
206 Zeta 1.5 May 2021 round 2015 India
207 GoHealth 1.5 Exit 2001 USA
208 Alkami 1.4 April 2021 round 2009 USA
209 Duck Creek Software 1.4 1 Dec ’22 2000 USA
210 At-Bay 1.4 July 2021 round 2016 USA
211 CGTZ 1.4 June 2018 round 2013 China
212 Figment 1.4 Dec 2021 round 2018 USA
213 FPL Technologies 1.4 Aug 2022 round 2019 India
214 Judo Bank 1.4 June 2021 round 2016 Australia
215 Paddle 1.4 May 2022 round 2012 UK
216 Scalable Capital 1.4 June 2021 round 2014 Germany
217 Stash 1.4 Feb 2021 round 2015 USA
218 Wealthfront 1.4 Sep 2022 round 2008 USA
219 Lemonade 1.3 1 Dec ’22 2015 USA
220 Betterment 1.3 Sep 2021 round 2008 USA
221 Cointracker 1.3 Jan 2022 round 2017 USA
222 CredAvenue 1.3 Mar 2022 round 2017 India
223 iTrustCapital 1.3 Jan 2022 round 2018 USA
224 Konvio 1.3 Sep 2021 round 2013 Mexico
225 Lukka 1.3 Jan 2022 round 2014 USA
226 Marshmallow 1.3 Sep 2021 round 2017 UK
227 Signifyd 1.3 April 2021 round 2011 USA
228 Talos 1.3 May 2022 round 2018 USA
229 TaxBit 1.3 Aug 2021 round 2018 USA
230 TrueBill 1.3 Dec 2021 exit (Rocket) 2015 USA
231 Enova 1.2 1 Dec ’22 2004 USA
232 Oscar Health 1.2 1 Dec ’22 2012 USA
233 Paymentus 1.2 1 Dec ’22 2004 USA
234 AgentSync 1.2 Dec 2021 round 2018 USA
235 Clover Health 1.2 Jan 2019 round 2013 USA
236 FloQast 1.2 July 2021 round 2013 USA
237 Phantom Technologies 1.2 Jan 2022 round 2021 USA
238 Pilot 1.2 Mar 2021 round 2016 USA
239 Public.com 1.2 Feb 2021 round 2018 USA
240 Scalapay 1.2 Feb 2022 round 2019 Italy
241 Skrill 1.2 Estimate (Dealroom.co) 2001 UK
242 Stori 1.2 August 2022 round 2011 Mexico
243 Unit 1.2 May 2022 round 2019 USA
244 Galileo 1.2 Exit 2000 USA
245 SimpleNexus 1.2 Nov 2021 exit (nCino) 2011 USA
246 Deposit Solutions 1.1 Sep 2019 round 2011 Germany
247 Fawry 1.1 1 Dec ’22 2008 Egypt
248 Sezzle 1.1 1 Dec ’22 2016 USA
249 Acko 1.1 Oct 2021 round 2016 India
250 Branch 1.1 June 2022 round 2017 USA
251 Caribou 1.1 May 2022 round 2016 USA
252 Earnix 1.1 Feb 2021 round 2001 Israel
253 Fundbox 1.1 Nov 2021 round 2013 USA
254 Happy Money (fka Payoff) 1.1 Feb 2022 round 2009 USA
255 MobileCoin 1.1 Aug 2021 round 2017 USA
256 Spendesk 1.1 Jan 2022 round 2016 France
257 Sunbit 1.1 May 2021 round 2016 USA
258 Super Apps Holding 1.1 Oct 2022 SPAC (proposed)   Malysia
259 Tradeshift 1.1 May 2018 round 2009 USA
260 Zego 1.1 Mar 2021 round 2016 UK
261 Cayan 1.1 Exit 1998 USA
262 Technysis 1.1 Feb 2022 exit (SoFi) 1999 USA
263 GreenDot 1.0 1 Dec ’22 1999 USA
264 LendingClub 1.0 1 Dec ’22 2008 USA
265 Linklogis 1.0 1 Dec ’22 2016 China
266 Zuora 1.0 1 Dec ’22 2007 USA
267 Ajaib 1.0 Oct 2021 round 2018 Indonesia
268 Amount 1.0 May 2021 round 2019 USA
269 Betterfly 1.0 Jan 2022 round 2018 Chile
270 Bitkub 1.0 Nov 2021 round 2018 Thailand
271 C2FO 1.0 Apr 2019 round 2008 USA
272 Cais 1.0 Jan 2022 round 2009 USA
273 Cart.com 1.0 Feb 2022 round (est) 2021 USA
274 ChromeRiver (Emburse) 1.0 Mar 2019 merger (Certify) 2007 USA
275 Clark 1.0 Aug 2022 round 2015 Germany
276 Clearcover 1.0 April 2021 round 2016 USA
277 ClearStreet 1.0 May 2022 round 2018 USA
278 Crypto.com 1.0 Nov 2021 estimate 2016 Singapore
279 DailyPay 1.0 May 2021 round 2015 USA
280 EBANX 1.0 Oct 2019 round 2012 Brazil
281 Esusu 1.0 Jan 2022 round 2016 USA
282 Feedzai 1.0 Mar 2021 round 2011 USA
283 Flex 1.0 Feb 2022 round (est) 2019 USA
284 Freshbooks 1.0 Aug 2021 round 2003 Canada
285 Glia 1.0 Mar 2022 round 2012 USA
286 Guantlet 1.0 Mar 2022 round 2018 USA
287 Human Interest 1.0 Aug 2021 round 2015 USA
288 Interswitch 1.0 Nov 2019 round 2002 Nigeria
289 InvestCloud 1.0 Feb 2021 transaction 2010 USA
290 LendingHome 1.0 Mar 2018 round 2014 USA
291 Liquid 1.0 Apr 2019 round 2013 Japan
292 Lydia 1.0 Dec 2021 round 2013 France
293 MatrixPort 1.0 Aug 2021 round 2019 Singapore
294 Neo Financial 1.0 May 2022 round 2019 Canada
295 Nium 1.0 Aug 2021 round 2015 Singapore
296 Numbrs 1.0 Aug 2019 round 1999 Switzerland
297 Octane Lending 1.0 Aug 2021 round 2014 USA
298 Open 1.0 April 2022 round 2017 India
299 Opn 1.0 May 2022 round 2020 Thailand
300 Orchard 1.0 Sept 2021 round 2017 USA
301 Oxyzo 1.0 Mar 2022 round 2016 India
302 Payhawk 1.0 Feb 2022 round 2018 London
303 Paystand 1.0 Aug 2022 merger 2013 USA
304 Pie Insurance 1.0 Sep 2022 round (est) 2017 USA
305 PPRO 1.0 Jan 2021 round 2006 UK
306 Railsbank 1.0 Feb 2022 round 2016 London
307 Satispay 1.0 Sep 2022 round 2013 Italy
308 Shift Technology 1.0 May 2021 round 2013 France
309 Sift 1.0 April 2021 round 2011 USA
310 Sightline Payments 1.0 Aug 2021 round 2009 USA
311 Slice 1.0 Nov 2021 round 2016 India
312 SmartAsset 1.0 June 2021 round 2012 USA
313 Stax (FatMerchant) 1.0 Mar 2022 round 2014 USA
314 TaxFix 1.0 Apr 2022 round 2016 Germany
315 The Zebra 1.0 April 2021 round 2012 USA
316 Transfermate 1.0 May 2022 round 2010 Ireland
317 TrueLayer 1.0 Sep 2021 round 2016 UK
318 Vesttoo 1.0 Oct 2022 round 2018 Israel
319 Vise 1.0 May 2021 round 2016 USA
320 VNLife (VNPay) 1.0 Aug 2021 round 2007 Vietnam
321 Webull 1.0 Feb 2021 round 2016 China
322 Worldcoin 1.0 Oct 2021 round 2019 USA
323 Xendit 1.0 Sept 2021 round 2014 Indonesia
324 Xtransfer 1.0 Sep 2021 round 2017 China
325 Zebic 1.0 Aug 2022 round 2021 USA
326 Zopa 1.0 Oct 2021 round 2004 UK
327 DANA Wallet 1.0 Aug 2022 round 2017 Indonesia
328 Currency Cloud 1.0 July 2020 exit (Visa) 2012 UK
329 Nutmeg 1.0 June 2021 exit (JPMorgan) 2011 UK
330 Personal Capital 1.0 Exit 2009 USA
331 Finicity 1.0 June 2020 Exit (Mastercard) 1999 USA
332 Bright Health 1.0 Nov 2019 round 2015 USA
Source: FintechLabs, 6 Dec 2022

*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