At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here). In August, we added 17 new unicorns for a total of 225. Their total market value is now $2.1 trillion, up $80B from last month.

Unicorn count:

Beginning (Aug 1) = 208
+ 17 born this month (see below)
___________________
Total (Aug 31) = 225

Total market value = $2.11 trillion

New in August:

  • #14 ($28B): South Korean digital lender KakaoBank went public
  • #743t($3.8B): USA instutional crypto trading provider FalconX
  • #82t ($3.2B): Canadian bitcoin and blockchain provider Blockstream
  • #98t($2.9B): India-based payments company BharatPe 
  • #98t ($2.9B): USA-based investment startup DriveWealth
  • #108t ($2.5B): Personal finance app Uala based in Argentina
  • #126t ($2B): American RE investing specialist Divvy Homes
  • #126t ($2B): Nigerian payment company Opay
  • #168t ($1.3B): USA crypto tax software provider TaxBit
  • #180t ($1.1B): Indian crypto exchange CoinDCX
  • #180t ($1.1B): USA crypto startup MobileCoin
  • #200t ($1B): Canadian accounting provider Freshbooks
  • #200t ($1B): American investing platform Human Interest
  • #200t ($1B): Singapore crypto specialst MatrixPort
  • #200t ($1B): American lender Octane Lending
  • #200t ($1B): American payments company SightLine Payments
  • #200t ($1B): Vietnam-based ecommerce/payments company VNLife

 


Full Fintech Unicorn List

Rank Company $B Value Value Date Founded Country
number string number string string string
1 PayPal 337 9 Sep 2021 1999 United States
2 Shopify 188 9 Sep 2021 2004 Canada
3 Ant Technology 150 2018 round 2014 China
4 Square 116 9 Sep 2021 2009 United States
5 Adyen 96 9 Sep 2021 2006 Netherlands
6 Stripe 95 Mar 2021 round 2010 United States
7 Coinbase 67 9 Sep 2021 2012 United States
8 Klarna 46 June 2021 round 2005 Sweden
9 Robinhood 35 9 Sep 2021 2013 United States
10 Revolut 33 July 2021 round 2015 UK
11 Nubank 30 June 2021 round 2013 Brazil
12 Afterpay 29 Aug 2021 exit (Square) 2014 Australia
13 Bill.com 28 9 Sep 2021 2006 United States
13 KakaoBank 28 9 Sep 2021 2016 South Korea
15 Chime 25 Aug 2021 round 2013 United States
16 Affirm 24 9 Sep 2021 2012 United States
17 Nuvei 23 9 Sep 2021 2003 Canada
18 Xero 22 9 Sep 2021 2006 New Zealand
18 Lakala 22 9 Sep 2021 2004 China
20 WeBank 21 Nov 2018 transaction 2014 China
20 Lufax 21 9 Sep 2021 2011 China
22 dLocal 19 9 Sep 2021 2016 Uruguay
23 FTX Exchange 18 July 2021 round 2012 United States
24 Marqeta 16 Secondary May ’21 2010 United States
24 One97 (PayTM) 16 Nov 2019 round 2010 India
26 Checkout.com 15 Jan 2021 round 2012 UK
27 Stone 14 9 Sep 2021 2013 Brazil
28 Plaid Technologies 13 April 2021 round 2012 United States
28 SoFi 13 9 Sep 2021 2011 United States
30 Tinkoff Bank 10 Estimate 2006 Russia
31 eToro 10 Mar 2021 SPAC (proposed) 2007 UK
31 Wise (TransferWise) 10 9 Sep 2021 2011 UK
31 Ripple 10 Dec 2019 round 2012 United States
34 Gusto 9.5 Aug 2021 round 2011 United States
34 Oscar Health 9.5 Mar 2021 IPO pricing 2012 United States
36 Bullish 9.1 July 2021 SPAC (proposed) 2021 Cayman Islands
37 Rapyd 8.8 April 2021 round 2016 UK
38 Jiedaibao 7.8 Jan 2016 round 2014 China
39 Better.com 7.7 May 2021 SPAC (proposed) 2016 United States
40 Brex 7.4 April 2021 round 2017 United States
40 Carta 7.4 Aug 2021 round 2012 United States
40 Toss (Viva Republica) 7.4 June 2021 round 2011 South Korea
43 nCino 7.2 9 Sep 2021 2012 United States
44 Credit Karma 7.1 Exit 2007 United States
45 Duck Creek Software 6.6 9 Sep 2021 2000 United States
46 Mollie 6.5 June 2021 round 2004 Netherlands
47 Trustly 5.9 Estimate 2008 Sweden
48 Root Insurance 5.8 Oct 2020 IPO 2016 United States
49 HealthEquity 5.5 9 Sep 2021 2002 United States
49 PhonePe 5.5 Dec 2020 spinout 2015 India
51 Trade Republic 5.3 May 2021 round 2015 Germany
52 Blockchain.com 5.2 Mar 2021 round 2011 UK
53 Riskified 5.0 9 Sep 2021 2012 United States
53 Hippo 5.0 Mar 2021 SPAC (proposed) 2015 United States
53 Zepz (WorldRemit) 5.0 Bloomberg 2010 United Kingdom
53 Flywire 5.0 9 Sep 2021 2011 United States
57 Q2 Holdings 4.9 9 Sep 2021 2004 United States
58 Toast 4.9 Feb 2020 round 2011 United States
59 Lemonade 4.7 9 Sep 2021 2015 United States
59 BillDesk 4.7 Aug 2021 exit (PayU) 2000 India
61 Circle Internet Financial 4.5 July 2021 SPAC (proposed) 2013 United States
62 Virtu Financial 4.4 9 Sep 2021 2008 United States
63 Chainalysis 4.2 June 2021 round 2014 United States
64 Bitpanda 4.1 Aug 2021 round 2014 Austria
65 Bolt 4.0 July 2021 round 2014 United States
65 Dave 4.0 June 2021 SPAC (proposed) 2016 United States
65 iCapital Network 4.0 July 2021 round 2013 United States
65 Kraken 4.0 2019 round (per Fortune) 2011 United States
65 Melio Payments 4.0 Aug 2021 round 2018 United States
65 Next Insurance 4.0 Mar 2021 round 2016 United States
65 WealthSimple 4.0 April 2021 round 2014 Canada
72 Ramp 3.9 Aug 2021 round 2019 United States
73 Blend 3.8 9 Sep 2021 2012 United States
74 FalconX 3.8 Aug 2021 round 2018 United States
75 Hypoport SE 3.6 IPO 2007 1999 Germany
76 N26 3.5 May 2020 round 2013 Germany
76 PolicyBazaar 3.5 Mar 2021 round 2008 India
76 Assurance 3.5 Exit 2016 United States
79 Payoneer 3.4 9 Sep 2021 2005 United States
80 Upgrade 3.3 Aug 2021 round 2016 United States
81 Blockstream 3.2 Aug 2021 round 2014 Canada
81 Cedar 3.2 Mar 2021 round 2016 United States
81 Figure 3.2 May 2021 round 2018 United States
84 Cardlytics 3.1 9 Sep 2021 2008 United States
84 Linklogis 3.1 9 Sep 2021 2016 China
84 HighRadius 3.1 Mar 2021 round 2006 United States
87 LendingClub 3.0 9 Sep 2021 2008 United States
87 BlockFI 3.0 Mar 2021 round 2017 United States
87 China UnionPay 3.0 Per Crunchbase 12/19 2002 China
87 Devoted Health 3.0 May 2020 fundraising 2017 United States
87 Doma (States Title) 3.0 Mar 2021 SPAC (proposed) 2016 United States
87 Forter 3.0 May 2021 round 2013 United States
87 PineLabs 3.0 May 2021 round 1998 India
87 RazorPay 3.0 April 2021 round 2014 India
87 Wefox 3.0 May 2021 round 2015 Germany
96 BharatPe 2.9 August 2021 round 2018 India
96 DriveWealth 2.9 Aug 2021 round 2012 United States
96 MoneyLion 2.9 Feb 2021 SPAC (proposed) 2013 United States
96 OVO 2.9 Mar 2019 round 2017 Indonesia
100 GreenDot 2.8 9 Sep 2021 1999 United States
100 Paymentus 2.8 9 Sep 2021 2004 United States
100 OakNorth 2.8 May 2019 round 2015 UK
100 Verafin 2.8 Exit Nov 2020 2003 Canada
104 Airwallex 2.6 Mar 2021 round 2015 Australia
105 Uala 2.5 Aug 2021 round 2017 Argentina
105 Varo Money 2.5 Sep 2021 round 2015 United States
105 Divvy 2.5 Acquired by Bill.com (May 2021) 2016 United States
105 Itiviti 2.5 Exit April 2021 2016 Sweden
109 LoanDepot 2.4 9 Sep 2021 2010 United States
109 Paxos 2.4 April 2021 round 2012 United States
111 Greenlight 2.3 April 2021 round 2014 United States
111 Lifelock 2.3 Exit 2005 United States
113 Acorns 2.2 May ’21 SPAC proposed 2012 United States
113 Addepar 2.2 June 2021 round 2009 United States
113 Bitso 2.2 May 2021 round 2014 Mexico
113 CRED 2.2 April 2021 round 2018 India
113 Current 2.2 April 2021 round 2015 United States
113 iZettle 2.2 Exit 2010 Sweden
113 Tink 2.2 June 2021 exit to Visa 2012 Sweden
120 Zuora 2.1 9 Sep 2021 2007 United States
120 Mercado Bitcoin 2.1 June 2021 round 2013 Brazil
120 ReCharge 2.1 May 2021 round 2014 United States
123 Avant 2.0 Sep 2015 round 2012 United States
124 AvidXchange 2.0 Jan 2020 round 2000 United States
125 Bunq 2.0 June 2021 round 2012 Netherlands
126 Clearbanc 2.0 April 2021 round 2015 United States
127 Clip 2.0 June 2021 round 2012 Mexico
128 Divvy Homes 2.0 Aug 2021 round 2017 United States
129 Fireblocks 2.0 July 2021 round 2018 United States
130 FirstP2P 2.0 Per Crunchbase 12/19 2013 China
131 Mambu 2.0 Jan 2021 round 2011 Germany
132 Opay 2.0 Aug 2021 round 2018 Nigeria
133 Pipe 2.0 Mar 2021 round 2019 United States
134 Tipalti 2.0 Oct 2020 round 2010 United States
135 Waterdrop 2.0 Aug 2020 round 2016 China
136 Zenefits 2.0 May 2015 round 2013 United States
137 Digit Insurance 1.9 Jan 2021 round 2016 India
138 MX 1.9 Jan 2021 round 2010 United States
139 SpotOn 1.9 May 2021 round 2017 United States
140 Starling Bank 1.9 Mar 2021 round 2014 UK
141 OneConnect (PingAn) 1.8 9 Sep 2021 2015 China
142 Creditas 1.8 Dec 2020 round 2012 Brazil
143 Trulioo 1.8 June 2021 round 2011 Canada
144 BillTrust 1.7 9 Sep 2021 2001 United States
145 Pleo 1.7 July 2021 round 2015 Denmark
146 Mercury Payments 1.7 Exit 2001 United States
147 Mercury Technologies 1.6 July 2021 round 2017 United States
148 Monzo 1.6 May 2020 round 2015 UK
149 Solaris Bank 1.6 July 2021 round 2016 Germany
150 Fawry 1.5 31-Dec-2020 2008 Egypt
151 GreenSky 1.5 9 Sep 2021 2006 United States
152 Ledger 1.5 June 2021 round 2014 France
153 M1 Finance 1.5 July 2021 round 2015 United States
154 PingPong 1.5 Mar 2019 round 2015 China
155 Remitly 1.5 July 2020 round 2011 United States
156 WeLab 1.5 Mar 2021 round (est) 2013 HongKong
157 Zeta 1.5 May 2021 round 2015 India
158 GoHealth 1.5 Exit 2001 United States
159 Alkami 1.4 April 2021 round 2009 United States
160 At-Bay 1.4 July 2021 round 2016 United States
161 CGTZ 1.4 June 2018 round 2013 China
162 Chargebee 1.4 April 2021 round 2011 United States
163 Judo Bank 1.4 June 2021 round 2016 Australia
164 Scalable Capital 1.4 June 2021 round 2014 Germany
165 Stash 1.4 Feb 2021 round 2015 United States
166 Sezzle 1.3 9 Sep 2021 2016 United States
167 Signifyd 1.3 April 2021 round 2011 United States
168 Socure 1.3 Mar 2021 round 2012 United States
169 TaxBit 1.3 Aug 2021 round 2018 United States
170 Atom Bank 1.3 July 2019 round 2014 UK
171 Deel 1.3 April 2021 round 2018 United States
172 Clover Health 1.2 Jan 2019 round 2013 United States
173 Pilot 1.2 Mar 2021 round 2016 United States
174 Public.com 1.2 Feb 2021 round 2018 United States
175 Galileo 1.2 Exit 2000 United States
176 Deposit Solutions 1.1 Sep 2019 round 2011 Germany
177 CoinDCX 1.1 Aug 2021 round 2017 India
178 Earnix 1.1 Feb 2021 round 2001 Israel
179 MobileCoin 1.1 Aug 201 round 2017 United States
180 Sunbit 1.1 May 2021 2016 United States
181 Tradeshift 1.1 May 2018 round 2009 United States
182 Zego 1.1 Mar 2021 round 2016 UK
183 Cayan 1.1 Exit 1998 United States
184 Amber Group 1.0 June 2021 round 2017 Hong Kong
185 Amount 1.0 May 2021 round 2019 United States
186 Bolttech 1.0 July 2020 round 2020 Singapore
187 C2FO 1.0 Apr 2019 round 2008 United States
188 Chipper Cash 1.0 May 2021 round 2018 United States
189 Clearcover 1.0 April 2021 round 2016 United States
190 DailyPay 1.0 May 2021 round 2015 United States
191 EBANX 1.0 Oct 2019 round 2012 Brazil
192 Expensify 1.0 Estimate based on $100M ARR 2008 United States
193 Fast 1.0 Oct 2020 rumors 2019 United States
194 Feedzai 1.0 Mar 2021 round 2011 United States
195 Flutterwave 1.0 Mar 2021 round 2016 United States
196 Freshbooks 1.0 Aug 2021 round 2003 Canada
197 GoCardless 1.0 Dec 2020 round 2011 UK
198 Groww 1.0 April 2021 round 2017 India
199 Human Interest 1.0 Aug 2021 round 2015 United States
200 Interswitch 1.0 Nov 2019 round 2002 Nigeria
201 InvestCloud 1.0 Feb 2021 transaction 2010 United States
202 LendingHome 1.0 Mar 2018 round 2014 United States
203 Liquid 1.0 Apr 2019 round 2013 Japan
204 MatrixPort 1.0 Aug 2021 round 2019 Singapore
205 Neon Pagamentos 1.0 Estimate 2016 Brazil
206 Nium 1.0 Aug 2021 round 2015 Singapore
207 Numbrs 1.0 Aug 2019 round 1999 Switzerland
208 Octane Lending 1.0 Aug 2021 round 2014 United States
209 Papaya Global 1.0 Mar 2021 round 2016 Israel
210 PPRO 1.0 Jan 2021 round 2006 UK
211 Shift Technology 1.0 May 2021 round 2013 France
212 Sift 1.0 April 2021 round 2011 United States
213 Sightline Payments 1.0 Aug 2021 round 2009 United States
214 SmartAsset 1.0 June 2021 round 2012 United States
215 The Zebra 1.0 April 2021 round 2012 United States
216 Vise 1.0 May 2021 round 2016 United States
217 VNLife 1.0 Aug 2021 round 2007 Vietnam
218 Webull 1.0 Feb 2021 round 2016 China
219 ChromeRiver 1.0 Exit 2007 United States
220 Currency Cloud 1.0 July 2020 exit to Visa 2012 UK
221 Nutmeg 1.0 Exit June 2021 JPMorgan 2011 UK
222 Personal Capital 1.0 Exit 2009 United States
223 Finicity 1.0 Exit 1999 United States
224 Bright Health 1.0 Nov 2019 round 2015 United States
225 Sunlight Financial 0.5 9 Sep 2021 2014 United States

Source: FintechLabs.com, 9 Sep 2021


*To qualify, a company must have been founded in 2000 or later*** and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. We do not include health insurance companies. Services can be sold directly to consumers or through financial institutions or other companies. Full list here.
** If you know any missing unicorns, please email jim@fintechlabs.com
***There are two exceptions started in the 1998/1999 timeframe, PayPal and Finicity.