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.