At FintechLabs we track the value of global fintech unicorns born since 1999. As of 7 March 2025, there are 381 valued at US$1 billion or more. That’s up 18 since May 2024, up 52 since the end of 2022, and up 103 from YE 2021. The total includes 32 billion-plus exits as well as 45 public companies trading above $1B in market value. The remaining 304 private companies are listed according to their most recent valuations as reported by various media outlets. Given the private-market valuation dip in the past few years, there are likely a number of over-valued companies listed.
The total value is $1.9 trillion up about $400 million from year-end 2023.
Note: Private company valuations are as of the latest reported round and public company market caps as of date show below.
Unicorn Challenger of the Month*
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| Rank | Company | Value $B | Value Date | Founded | Country | Status | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Shopify | 136 | 5 June 2025 | 2004 | Canada | Ecommerce | Payments | Public |
| 2 | Stripe | 115 | Apr 2025 secondary | 2010 | USA | Fintech | Payments | Private |
| 3 | Ant Technology | 79 | July '23 buyback | 2014 | China | Fintech | Payments | Private |
| 4 | PayPal | 70 | 5 June 2025 | 1999 | USA | Fintech | Payments | Public |
| 5 | Robinhood | 64 | 5 June 2025 | 2013 | USA | Fintech | Investing | Public |
| 6 | Coinbase | 62 | 5 June 2025 | 2012 | USA | Crypto | Exchange | Public |
| 7 | Adyen | 61 | 5 June 2025 | 2006 | Netherlands | Fintech | Payments | Public |
| 8 | Nubank | 58 | 5 June 2025 | 2013 | Brazil | Banking | Retail | Public |
| 9 | Block (Square) | 54 | 5 June 2025 | 2009 | USA | Fintech | Payments | Public |
| 10 | Revolut | 45 | Nov '24 secondary | 2015 | UK | Fintech | Payments | Private |
| 11 | Tether | 30 | Estimate | 2014 | USA | Crypto | Stablecoin | Private |
| 12 | Xero | 30 | 5 June 2025 | 2006 | New Zealand | Fintech | Accounting | Public |
| 13 | Afterpay | 29 | Aug 2021 exit (Block) | 2014 | Australia | Fintech | Lending | Exit |
| 14 | Binance | 25 | Bloomberg June 2022 | 2017 | Malta | Crypto | Exchange | Private |
| 15 | Toast | 25 | 5 June 2025 | 2011 | USA | Fintech | Payments | Public |
| 16 | Acrisure | 23 | May 2022 round | 2005 | USA | Insurtech | Private | |
| 17 | Citadel Securities | 22 | Jan 2022 round | 2001 | USA | Fintech | Investing | Private |
| 18 | WeBank | 21 | Nov 2018 transaction | 2014 | China | Fintech | Banking | Private |
| 19 | FNZ | 20 | Feb 2022 round | 2004 | UK | Investech | Wealth Mgmt | Private |
| 20 | Ripple | 18 | Mar 2025 secondary | 2012 | USA | Crypto | Payments | Private |
| 21 | Affirm | 18 | 5 June 2025 | 2012 | USA | Fintech | Lending | Public |
| 22 | Rippling | 17 | May 2025 round | 2016 | USA | HR | Payments | Private |
| 22 | Circle Internet Financial | 17 | 5 June 2025 | 2013 | USA | Crypto | Payments | Public |
| 23 | Marqeta | 16 | Secondary May 2021 | 2010 | USA | Fintech | Payments | Private |
| 24 | Ramp | 16 | June 2025 round | 2019 | USA | Fintech | Cards/SMB | Private |
| 25 | SoFi | 15 | 5 June 2025 | 2011 | USA | Fintech | Lender | Public |
| 26 | Chime | 12 | 16 June 2025 | 2013 | USA | Fintech | Banking | Public |
| 27 | GoodLeap | 12 | Jan 2021 round | 2003 | USA | Lending | Solar POS | Private |
| 28 | PhonePe | 12 | Jan 2023 funding | 2015 | India | Fintech | Payments | Private |
| 29 | Wise (TransferWise) | 12 | 5 June 2025 | 2011 | UK | Fintech | Payments | Public |
| 30 | Checkout.com | 11 | Estimate Dec 2022 | 2012 | UK | Fintech | Payments | Private |
| 31 | PolicyBazaar (PB Fintech) | 10 | 5 June 2025 | 2008 | India | Insurtech | Public | |
| 32 | Klarna | 10 | Mar 2025 secondary | 2005 | Sweden | Fintech | Payments | Private |
| 33 | KuCoin | 10 | May 2022 round | 2017 | Saychelles | Crypto | Exchange | Private |
| 34 | HealthEquity | 9.7 | 5 June 2025 | 2002 | USA | Fintech | Banking | Public |
| 35 | Bullish | 9.1 | July 2021 SPAC (cancelled) | 2021 | Cayman Islands | Crypto | Private | |
| 36 | N26 | 9.0 | Oct 2021 round | 2013 | Germany | Fintech | Banking | Private |
| 37 | SumUp | 8.6 | Nov 2023 round (est) | 2012 | UK | Payments | Mobile | Private |
| 38 | KakaoBank | 8.5 | 5 June 2025 | 2016 | South Korea | Fintech | Lending | Public |
| 39 | Tipalti | 8.3 | Dec 2021 round | 2010 | USA | Fintech | Payments | Private |
| 40 | FalconX | 8.0 | June 2022 round | 2018 | USA | Crypto | Private | |
| 41 | Fireblocks | 8.0 | Jan 2022 round | 2018 | USA | Crypto | Infrastructure | Private |
| 42 | Jiedaibao | 7.8 | Jan 2016 round | 2014 | China | Fintech | Lending | Private |
| 43 | Razorpay | 7.5 | April 2021 round | 2014 | India | Fintech | Payments | Private |
| 44 | Gemini | 7.1 | Nov 2021 round | 2014 | USA | Crypto | Exchange | Private |
| 45 | Credit Karma | 7.1 | Exit (Intuit) | 2007 | USA | Fintech | Credit | Exit |
| 46 | Blockchain.com | 7.0 | Nov 2023 round | 2011 | UK | Crypto | Private | |
| 47 | NYDIG | 7.0 | Dec 2021 round | 2017 | USA | Crypto | Private | |
| 48 | Remitly | 7.0 | Sep 2021 round | 2011 | USA | Fintech | Payments | Private |
| 49 | Toss (Viva Republica) | 7.0 | Dec 2022 round | 2011 | South Korea | Fintech | Payments | Private |
| 50 | Clearwater Analytics | 6.7 | 5 June 2025 | 2003 | USA | Fintech | Investing/back office | Public |
| 51 | Mollie | 6.5 | June 2021 round | 2004 | Netherlands | Fintech | Payments | Private |
| 52 | Virtu Financial | 6.3 | 5 June 2025 | 2008 | USA | Fintech | Investing | Public |
| 53 | Nuvei | 6.3 | Exit Mar 2024 (Advent) | 2003 | Canada | Fintech | Payments | Exit |
| 54 | May 2025 round | 6.2 | June 2024 secondary | 2015 | Australia | Fintech | Payments | Private |
| 55 | Deel | 6.1 | Oct 2023 secondary | 2018 | USA | Fintech | Payroll/SMB | Private |
| 56 | Plaid Technologies | 6.1 | Mar 2025 round | 2012 | USA | Fintech | Infrastructure | Private |
| 57 | Trustly | 5.9 | May 2021 IPO filing | 2008 | Sweden | Fintech | Payments | Private |
| 58 | One97 (PayTM) | 5.8 | 5 June 2025 | 2010 | India | Fintech | Payments | Public |
| 59 | Root Insurance | 5.8 | Oct 2020 IPO | 2016 | USA | Fintech | Insurance | Private |
| 60 | Q2 Holdings | 5.6 | 5 June 2025 | 2004 | USA | Fintech | Banking | Public |
| 61 | Mambu | 5.5 | Dec 2021 round | 2011 | Germany | Fintech | Banking | Private |
| 62 | Trade Republic | 5.4 | Mar 2024 round | 2015 | Germany | Fintech | Investing | Private |
| 63 | eToro | 5.2 | 5 June 2025 | 2007 | UK | Fintech | Investing | Public |
| 64 | Kraken | 5.2 | Apr 2025 secondary | 2011 | USA | Crypto | Private | |
| 65 | Monzo | 5.2 | April 2024 round | 2015 | UK | Fintech | Banking | Private |
| 66 | Bybit | 5.0 | Estimate (June 2024) | 2018 | Singapore | Crypto | Exchange | Private |
| 67 | Coalition | 5.0 | July 2022 round | 2017 | USA | Insurtech | Cybersecurity | Private |
| 68 | Gusto | 5.0 | July 2024 secondary | 2011 | USA | Fintech | Payroll/SMB | Private |
| 69 | Mynt (Gcash) | 5.0 | Aug 2024 round | 2003 | Phillipines | Fintech | Payments | Private |
| 70 | Qonto | 5.0 | Jan 2022 round | 2016 | France | Banking | SMB | Private |
| 71 | Upstart | 4.9 | 5 June 2025 | 2012 | USA | Fintech | Lending | Public |
| 72 | Webull | 4.8 | 5 June 2025 | 2016 | China | Investech | Public | |
| 73 | Bill.com | 4.7 | 5 June 2025 | 2006 | USA | Fintech | Payments | Public |
| 74 | Lendable | 4.6 | Mar 2022 round | 2014 | USA | Lendtech | Marketplace | Private |
| 75 | Paymentus | 4.5 | 5 June 2025 | 2004 | USA | Fintech | Payments | Public |
| 76 | Wefox | 4.5 | May 2023 round | 2015 | Germany | Fintech | Insurance | Private |
| 77 | Envestnet | 4.5 | Exit July 2024 (Bain) | 1999 | USA | Investech | Wealth Mgmt | Exit |
| 78 | Navan (TripActions) | 4.2 | July 2024 secondary | 2015 | USA | Payments | Accounting | Private |
| 79 | Bitpanda | 4.1 | Aug 2021 round | 2014 | Austria | Crypto | Private | |
| 80 | AngelList | 4.0 | Mar 2022 round | 2010 | USA | Investing | VC | Private |
| 81 | EngageSmart | 4.0 | Private Equity buyout 10/23 | 2009 | USA | Payments | Full stack | Private |
| 82 | Kakao Pay | 4.0 | IPO filing 2021 | 2014 | South Korea | Fintech | Payments | Private |
| 83 | Upstox | 4.0 | Sep 2022 round | 2009 | India | Investech | Private | |
| 84 | WealthSimple | 4.0 | April 2021 round | 2014 | Canada | Fintech | Investing | Private |
| 85 | BharatPe | 3.9 | Jan 2022 round | 2018 | India | Fintech | Payments | Private |
| 86 | Stone | 3.8 | 5 June 2025 | 2013 | Brazil | Fintech | Payments | Public |
| 87 | Dutchie | 3.8 | Oct 2021 round | 2017 | USA | Fintech | Payments | Private |
| 88 | Papaya Global | 3.7 | Mar 2021 round | 2016 | Israel | Fintech | Payroll/SMB | Private |
| 89 | SpotOn | 3.6 | May 2022 round | 2017 | USA | Fintech | Payments | Private |
| 90 | CRED | 3.5 | June 2025 round | 2018 | India | Fintech | Credit | Private |
| 91 | Chargebee | 3.5 | Jan 2022 round | 2011 | USA | Fintech | Payments | Private |
| 92 | Assurance | 3.5 | Exit | 2016 | USA | Insurtech | Exit | |
| 93 | iCapital Network | 3.4 | July 2024 secondary | 2013 | USA | Fintech | Investing | Private |
| 94 | MoonPay | 3.4 | Oct 2021 round | 2019 | USA | Cyrpto | Payments | Private |
| 95 | Tabby | 3.3 | Feb 2025 round | 2019 | Saudi Arabia | Lending | BNPL | Private |
| 96 | Addepar | 3.3 | May 2025 round | 2009 | USA | Fintech | Investing | Private |
| 97 | Bilt | 3.3 | Aug 2024 round | 2019 | USA | Payments | Cards/Rewards | Private |
| 98 | Blockdaemon | 3.3 | Jan 2022 round | 2017 | USA | Crypto | Payments | Private |
| 99 | nCino | 3.2 | 5 June 2025 | 2012 | USA | Fintech | Banking | Public |
| 100 | Blockstream | 3.2 | Aug 2021 round | 2014 | Canada | Crypto | Private | |
| 101 | Cedar | 3.2 | Mar 2021 round | 2016 | USA | Healthtech | Payments | Private |
| 102 | HighRadius | 3.1 | Mar 2021 round | 2006 | USA | Fintech | Accounting | Private |
| 103 | Flutterwave | 3.1 | Feb 2022 round | 2016 | USA | Fintech | Payments | Private |
| 104 | Anchorage Digital | 3.0 | Dec 2021 round | 2017 | USA | Crypto | Private | |
| 105 | China UnionPay | 3.0 | Per Crunchbase 12/19 | 2002 | China | Fintech | Payments | Private |
| 106 | Cross River Bank | 3.0 | Mar 2022 round | 2008 | USA | Banking | Private | |
| 107 | Devoted Health | 3.0 | May 2020 round | 2017 | USA | Health | Insurance | Private |
| 108 | Forter | 3.0 | May 2021 round | 2013 | USA | Fintech | Security | Private |
| 109 | Groww | 3.0 | Oct 2021 round | 2017 | India | Fintech | Investing | Private |
| 110 | Phantom Technologies | 3.0 | Jan 2025 round | 2021 | USA | Cyrpto | Wallet | Private |
| 111 | PineLabs | 3.0 | May 2021 round | 1998 | India | Fintech | Payments | Private |
| 112 | Starling Bank | 3.0 | Apr 2022 round | 2014 | UK | Fintech | Banking | Private |
| 113 | Du Xionman Financial | 3.0 | Dec 2018 round | 2015 | China | Fintech | Lending | Baidu owned |
| 114 | dLocal | 2.9 | 5 June 2025 | 2016 | Uruguay | Fintech | Payments | Public |
| 115 | Deribit | 2.9 | Exit May 2025 (Coinbase) | 2015 | Netherlands | Crypto | Options | Private |
| 116 | OVO | 2.9 | Mar 2019 round | 2017 | Indonesia | Fintech | Payments | Private |
| 117 | Rakuton Securities | 2.9 | Oct 2022 round | 1999 | Japan | Investech | Broker | Private |
| 118 | Dave | 2.8 | 5 June 2025 | 2016 | USA | Banktech | Consumer | Public |
| 119 | OakNorth | 2.8 | May 2019 round | 2015 | UK | Fintech | Banking | Private |
| 120 | One (Walmart) | 2.8 | Dec 2024 round | 2019 | USA | Fintech | Payments | Private |
| 121 | Verafin | 2.8 | Exit Nov 2020 | 2003 | Canada | Fintech | Security | Exit |
| 122 | Uala | 2.8 | Mar 2025 round | 2017 | Argentina | Fintech | PFM | Private |
| 123 | Backbase | 2.7 | June 2022 round | 2003 | Netherlands | BankTech | Private | |
| 124 | Ethos Life | 2.7 | Jan 2022 round | 2016 | USA | Insuretech | Life | Private |
| 125 | Thought Machine | 2.7 | May 2022 round | 2015 | UK | Banktech | Private | |
| 126 | Paidy | 2.7 | Exit Sep 2021 (PayPal) | 2008 | Japan | Fintech | Payments | Exit |
| 127 | Recorded Future | 2.7 | Exit Oct 2024 (MasterCard) | 2009 | USA | Security | Exit | |
| 128 | Lakala | 2.7 | 5 June 2025 | 2004 | China | Fintech | Lead gen | Public |
| 129 | Lemonade | 2.6 | 5 June 2025 | 2015 | USA | Insurtech | Public | |
| 130 | Quantexa | 2.6 | Mar 2025 round | 2016 | UK | Security | Financial Crimes | Private |
| 131 | Rapyd | 2.6 | Oct 2024 secondary | 2016 | UK | Fintech | Payments | Private |
| 132 | Duck Creek Software | 2.6 | Exit Mar 2023 (Vista Equity) | 2000 | USA | Fintech | Insurance | Exit |
| 133 | Next Insurance | 2.6 | Exit Mar '25 (Munich Re) | 2016 | USA | Fintech | Insurance | Exit |
| 134 | Lufax | 2.5 | 5 June 2025 | 2011 | China | Fintech | Investing | Public |
| 135 | Payoneer | 2.5 | 5 June 2025 | 2005 | USA | Fintech | Payments | Public |
| 136 | Tinkoff Bank | 2.5 | 5 June 2025 | 2006 | Russia | Fintech | Banking | Public |
| 137 | Aura | 2.5 | Oct 2021 round | 2019 | USA | Insuretech | Identity | Private |
| 138 | Coda Payments | 2.5 | April 2022 round | 2011 | Singapore | Payments | Private | |
| 139 | Singlife | 2.5 | Nov 2023 round | 2015 | Singapore | Insuretech | Life | Private |
| 140 | Itiviti | 2.5 | Exit April 2021 | 2016 | Sweden | Fintech | Investing | Exit |
| 141 | Melio Payments | 2.5 | June 2025 exit (Xero) | 2018 | USA | Fintech | Payments | Exit |
| 142 | Enova | 2.4 | 5 June 2025 | 2004 | USA | Lendtech | Public | |
| 143 | PagSeguro | 2.4 | 5 June 2025 | 2006 | Brazil | Fintech | Payments | Public |
| 144 | Accelerant | 2.4 | June 2023 round | 2018 | USA | Insuretech | Marketplace | Private |
| 145 | Carta | 2.4 | Mar 2025 secondary | 2012 | USA | Fintech | Investing | Private |
| 146 | Paxos | 2.4 | April 2021 round | 2012 | USA | Crypto | Private | |
| 147 | HealthEdge | 2.4 | Apr 2025 exit (Blackstone) | 2004 | USA | Insurtech | Back Office | Exit |
| 148 | Greenlight | 2.3 | April 2021 round ($500M in July '24 secondary) | 2014 | USA | Fintech | Payments | Private |
| 149 | Upgrade | 2.3 | Mar 2025 secondary | 2016 | USA | Fintech | Lending | Private |
| 150 | Divvy | 2.3 | Exit May 2021 (Bill.com) | 2016 | USA | Fintech | Payments/SMB | Exit |
| 151 | Lifelock | 2.3 | Exit | 2005 | USA | Fintech | Credit | Exit |
| 152 | Erebor (Atticus) | 2.3 | June 2025 round | 2017 | Australia | Crypto | Stablecoin | Exit |
| 153 | Bitso | 2.2 | May 2021 round | 2014 | Mexico | Crypto | Private | |
| 154 | Chipper Cash | 2.2 | Nov 2021 round | 2018 | USA | Fintech | Payments | Private |
| 155 | CloudWalk | 2.2 | Nov 2021 round | 2013 | Brazil | Fintech | Payments | Private |
| 156 | CoinDCX | 2.2 | Apr 2022 round | 2017 | India | Crypto | Private | |
| 157 | Current | 2.2 | April 2021 round | 2015 | USA | Fintech | Banking | Private |
| 158 | Newfront | 2.2 | Apr 2022 round | 2017 | USA | Insurtech | Commercial | Private |
| 159 | AvidXchange | 2.2 | Exit (TPG May '25) | 2000 | USA | Fintech | Payments | Exit |
| 160 | iZettle | 2.2 | Exit | 2010 | Sweden | Fintech | Payments | Exit |
| 161 | Tink | 2.2 | June 2021 Exit (Visa) | 2012 | Sweden | Fintech | Banking | Exit |
| 162 | Brex | 2.1 | Dec 2024 secondary | 2017 | USA | Fintech | Cards | Private |
| 163 | Bolttech | 2.1 | Dec 2024 round | 2020 | Singapore | Insurtech | Private | |
| 164 | C6 Bank | 2.1 | Dec 2020 round | 2018 | Brazil | Fintech | Banking | Private |
| 165 | GoCardless | 2.1 | Feb 2022 round | 2011 | UK | Fintech | Payments | Private |
| 166 | Jeeves | 2.1 | Mar 2022 round | 2019 | USA | Cards | SMB | Private |
| 167 | Mercado Bitcoin | 2.1 | June 2021 round | 2013 | Brazil | Crypto | Private | |
| 168 | PayFit | 2.1 | Jan 2022 round | 2015 | France | SMB | Payroll | Private |
| 169 | ReCharge | 2.1 | May 2021 round | 2014 | USA | Fintech | Payments | Private |
| 170 | 21.co | 2.0 | Sep 2022 round | 2018 | Switzerland | Crypto | Investing | Private |
| 171 | Amber Group | 2.0 | Dec 2022 round est. | 2017 | Hong Kong | Crypto | Exchange | Private |
| 172 | Atome | 2.0 | Sep 2021 round | 2019 | Singapore | Finetch | Lending | Private |
| 173 | Avant | 2.0 | Sep 2015 round | 2012 | USA | Fintech | Lending | Private |
| 174 | Babel Finance | 2.0 | May 2022 round | 2018 | Hong Kong | Crypto | Asset Mgmt | Private |
| 175 | Bunq | 2.0 | June 2021 round | 2012 | Netherlands | Fintech | Banking | Private |
| 176 | Chainalysis | 2.0 | Apr 2025 secondary | 2014 | USA | Crypto | Security | Private |
| 177 | Clearco | 2.0 | April 2021 round | 2015 | USA | Fintech | Lending | Private |
| 178 | ClearStreet | 2.0 | April 2022 round | 2018 | USA | Investech | Security | Private |
| 179 | Clip | 2.0 | June 2021 round | 2012 | Mexico | Fintech | Payments | Private |
| 180 | Copper | 2.0 | Oct 2022 round | 2018 | UK | Cyrpto | Custody | Private |
| 181 | Divvy Homes | 2.0 | Aug 2021 round | 2017 | USA | Fintech | Investing/proptech | Private |
| 182 | FirstP2P | 2.0 | Per Crunchbase Dec 2019 | 2013 | China | Fintech | Lending | Private |
| 183 | Lunar | 2.0 | Mar 2022 round | 2015 | Denmark | Banking | Challenger | Private |
| 184 | Marshmallow | 2.0 | April 2025 round | 2017 | UK | Insurtech | Auto | Private |
| 185 | Modern Treasury | 2.0 | Oct 2021 round | 2018 | USA | Fintech | Banking | Private |
| 186 | MoMo | 2.0 | Dec 2021 round | 2007 | Vietnam | Payments | Superapp | Private |
| 187 | Opay | 2.0 | Aug 2021 round | 2018 | Nigeria | Fintech | Payments | Private |
| 188 | Pennylane | 2.0 | April 2025 round | 2020 | France | Fintech | Accounting | Private |
| 189 | Pipe | 2.0 | Mar 2021 round | 2019 | USA | Fintech | Lending | Private |
| 190 | Waterdrop | 2.0 | Aug 2020 round | 2016 | China | Fintech | Insurance | Private |
| 191 | Zenefits | 2.0 | May 2015 round | 2013 | USA | Fintech | Payroll/SMB | Private |
| 192 | Zilch | 2.0 | Nov 2021 round | 2018 | UK | Fintech | Lending | Private |
| 193 | Zip Co | 1.9 | 5 June 2025 | 2013 | Australia | Payments | BNPL | Public |
| 194 | Coinswitch Kuber | 1.9 | Oct 2021 round | 2017 | India | Crypto | Exchange | Private |
| 195 | Digit Insurance | 1.9 | Jan 2021 round | 2016 | India | Insurtech | Insurance | Private |
| 196 | MX | 1.9 | Jan 2021 round | 2010 | USA | Fintech | Banking | Private |
| 197 | Roofstock | 1.9 | Mar 2022 round | 2015 | USA | Investech | Real estate | Private |
| 198 | Varo Money | 1.9 | Mar 2023 round | 2015 | USA | Fintech | Banking | Private |
| 199 | AI Bank (Baixain) | 1.9 | Dec 2020 round | 2017 | China | Fintech | Banking | Private |
| 200 | BitGo | 1.9 | Aug 2023 round | 2013 | USA | Crypto | Private | |
| 201 | Trulioo | 1.8 | June 2021 round | 2011 | Canada | Fintech | Security | Private |
| 202 | GreenSky | 1.8 | Sep 2021 exit (Goldman Sachs) | 2006 | USA | Fintech | Lending | Exit |
| 203 | Creditas | 1.8 | June 2024 round | 2012 | Brazil | Fintech | Lending | Private |
| 204 | Kredivo (FinAccel) | 1.7 | Oct 2022 round | 2015 | Indonesia | Lendtech | BNPL | Private |
| 205 | 1.7 | Aug 2023 round | 2021 | Hong Kong | Fintech | Investing | Private | |
| 206 | Spotter | 1.7 | Feb 2022 round | 2019 | USA | Lending | SMB/creators | Private |
| 207 | Wave | 1.7 | Sep 2021 round | 2018 | Senegal | Fintech | Payments | Private |
| 208 | Zuora | 1.7 | Exit Oct 2024 (Silver Lake) | 2007 | USA | Fintech | Payments | Exit |
| 209 | Mercury Payments | 1.7 | Exit (Vantiv 2014) | 2001 | USA | Fintech | Payments | Exit |
| 210 | Lightspeed | 1.6 | 5 June 2025 | 2005 | Canada | Payments | Public | |
| 211 | Aspiration | 1.6 | July '24 secondary | 2013 | USA | Fintech | Banking | Private |
| 212 | BillDesk | 1.6 | July 2019 round | 2000 | India | Fintech | Payments | Private |
| 213 | Capitolis | 1.6 | Mar 2022 round | 2017 | USA | Investech | Capital Markets | Private |
| 214 | FloQast | 1.6 | Apr 2024 round | 2013 | USA | SMB | Accounting | Private |
| 215 | Neon Payments | 1.6 | May 2022 round | 2016 | Brazil | Banktech | Private | |
| 216 | Pave | 1.6 | June 2022 round | 2019 | USA | Payments | Payroll/SMB | Private |
| 217 | Solaris | 1.6 | July 2023 round | 2016 | Germany | Fintech | Banking | Private |
| 218 | Viva Wallet | 1.6 | Chase investment 2022 | 2010 | Greece | Payments | Processing | Private |
| 219 | Wayflyer | 1.6 | Jan 2022 round | 2019 | Ireland | Lending | Ecommerce | Private |
| 220 | Wealthfront | 1.6 | July 2024 secondary | 2008 | USA | Investech | Robo | Private |
| 221 | BillTrust | 1.6 | Exit Mar '23 (EQT) | 2001 | USA | Payments | Exit | |
| 222 | Self Financial | 1.6 | Sep 2021 round | 2015 | USA | Fintech | Credit | Private |
| 223 | Alloy | 1.6 | Aug 2022 round | 2015 | USA | Fintech | IDentity | Private |
| 224 | Akulaku | 1.5 | Feb 2022 round | 2014 | Indonesia | Fintech | Lending | Private |
| 225 | Altruist | 1.5 | April 2024 round | 2018 | USA | Investech | Wealth Mgmt | Private |
| 226 | Ascend Money | 1.5 | Sep 2021 round | 2015 | Thailand | Payments | Wallet | Private |
| 227 | Built | 1.5 | July 2022 round | 2014 | USA | Lendtech | Construction | Private |
| 228 | Coinlist | 1.5 | Oct 2021 round | 2017 | USA | Crypto | Investing | Private |
| 229 | Dock | 1.5 | May 2022 round | 2014 | Brazil | Payments | Cards | Private |
| 230 | Kushki | 1.5 | June 2022 round | 2017 | Ecuador | Payments | Private | |
| 231 | Ledger | 1.5 | June 2021 round | 2014 | France | Crypto | Private | |
| 232 | M1 Finance | 1.5 | July 2021 round | 2015 | USA | Banktech | PFM | Private |
| 233 | OneCard | 1.5 | July 2022 round | 2019 | India | Payments | Cards | Private |
| 234 | PingPong | 1.5 | Mar 2019 round | 2015 | China | Payments | Private | |
| 235 | Tyme Bank | 1.5 | Dec 2024 round | 2013 | South Africa | Fintech | Banking | Private |
| 236 | WeLab | 1.5 | Mar 2021 round (est) | 2013 | HongKong | Lendtech | Private | |
| 237 | Zepz (WorldRemit) | 1.5 | Bloomberg Aug 2020 | 2010 | UK | Payments | Private | |
| 238 | Zeta | 1.5 | May 2021 round | 2015 | India | Banktech | Private | |
| 239 | GoHealth | 1.5 | Exit | 2001 | USA | Healthtech | Insurance | Exit |
| 240 | NinjaTrader | 1.5 | Mar 2025 exit (Kraken) | 2003 | USA | Investing | Futures | Exit |
| 241 | Alkami | 1.4 | April 2021 round | 2009 | USA | Banktech | Private | |
| 242 | Hypoport SE | 1.4 | 5 June 2025 | 1999 | Germany | Fintech | Lending | Public |
| 243 | At-Bay | 1.4 | July 2021 round | 2016 | USA | Insurtech | Cyber | Private |
| 244 | CGTZ | 1.4 | June 2018 round | 2013 | China | Lendtech | Private | |
| 245 | Figment | 1.4 | Dec 2021 round | 2018 | USA | Crypto | Staking | Private |
| 246 | FPL Technologies | 1.4 | Aug 2022 round | 2019 | India | Payments | Cards | Private |
| 247 | Judo Bank | 1.4 | June 2021 round | 2016 | Australia | Banktech | SMB | Private |
| 248 | Liquidity Group | 1.4 | Feb 2023 round | 2018 | Israel | Lendtech | SMB | Private |
| 249 | Nium | 1.4 | June 2024 round | 2015 | Singapore | Payments | Private | |
| 250 | Paddle | 1.4 | May 2022 round | 2012 | UK | Payments | Invoicing | Private |
| 251 | Scalable Capital | 1.4 | June 2021 round | 2014 | Germany | Investech | Private | |
| 252 | Stash | 1.4 | Feb 2021 round | 2015 | USA | Invedtech | Private | |
| 253 | Human Interest | 1.3 | July 2024 round | 2015 | USA | Investech | Private | |
| 254 | Betterment | 1.3 | Sep 2021 round | 2008 | USA | Investech | Private | |
| 255 | Cointracker | 1.3 | Jan 2022 round | 2017 | USA | Crypto | Accounting | Private |
| 256 | CredAvenue | 1.3 | Mar 2022 round | 2017 | India | Lendtech | Marketplace | Private |
| 257 | iTrustCapital | 1.3 | Jan 2022 round | 2018 | USA | Crypto | Investing | Private |
| 258 | Konvio | 1.3 | Sep 2021 round | 2013 | Mexico | Fintech | SMB/Accounting | Private |
| 259 | Lukka | 1.3 | Jan 2022 round | 2014 | USA | Crypto | Infrastructure | Private |
| 260 | Talos | 1.3 | May 2022 round | 2018 | USA | Crypto | Infrastructure | Private |
| 261 | TrueBill | 1.3 | Dec 2021 exit (Rocket) | 2015 | USA | Banktech | PFM | Private |
| 262 | BioCatch | 1.3 | April 2024 exit (Permira) | 2011 | Israel | Fintech | Security | Exit |
| 263 | Paya | 1.3 | Jan 2022 exit (Nuvei) | 2006 | USA | Payments | Exit | |
| 264 | DailyPay | 1.3 | Jan 2025 secondary | 2015 | USA | Payments | Private | |
| 265 | DriveWealth | 1.3 | Feb 2025 secondary | 2012 | USA | Fintech | Investing | Private |
| 266 | Hidden Road | 1.3 | Apr 2025 exit (Ripple) | 2019 | UK | Lending | Institutional | Exit |
| 267 | Flywire | 1.2 | 5 June 2025 | 2011 | USA | Fintech | Payments | Public |
| 268 | LendingClub | 1.2 | 5 June 2025 | 2008 | USA | Fintech | Lending | Public |
| 269 | LiveOak Bank | 1.2 | 5 June 2025 | 2008 | USA | Banktech | Bank | Public |
| 270 | Oscar Health | 1.2 | 5 June 2025 | 2012 | USA | Healthtech | Insurance | Public |
| 271 | AgentSync | 1.2 | Dec 2021 round | 2018 | USA | Insuretech | Broker management | Private |
| 272 | Clover Health | 1.2 | Jan 2019 round | 2013 | USA | Healthtech | Insurance | Private |
| 273 | HashKey | 1.2 | Jan 2024 round | 2018 | China | Crypto | Exchange | Private |
| 274 | Mercury Technologies | 1.2 | July 2024 secondary | 2015 | USA | Banking | SMB | Private |
| 275 | Pilot | 1.2 | Mar 2021 round | 2016 | USA | Fintech | SMB/Accounting | Private |
| 276 | Public.com | 1.2 | Feb 2021 round | 2018 | USA | Investech | Private | |
| 277 | Scalapay | 1.2 | Feb 2022 round | 2019 | Italy | Lendtech | BNPL | Private |
| 278 | Skrill | 1.2 | Estimate (Dealroom.co) | 2001 | UK | Payments | Remittances | Private |
| 279 | Stori | 1.2 | August 2022 round | 2011 | Mexico | Payments | Cards | Private |
| 280 | Unit | 1.2 | May 2022 round | 2019 | USA | Banktech | BaaS | Private |
| 281 | Galileo | 1.2 | Exit | 2000 | USA | Payments | Exit | |
| 282 | SimpleNexus | 1.2 | Nov 2021 exit (nCino) | 2011 | USA | Lendtech | Mortgage | Exit |
| 283 | Deposit Solutions | 1.1 | Sep 2019 round | 2011 | Germany | Banktech | Private | |
| 284 | Sezzle | 1.1 | 5 June 2025 | 2016 | USA | Lendtech | Public | |
| 285 | Acko | 1.1 | Oct 2021 round | 2016 | India | Insurtech | D2C | Private |
| 286 | Branch | 1.1 | June 2022 round | 2017 | USA | Insuretech | Home/Auto | Private |
| 287 | Caribou | 1.1 | May 2022 round | 2016 | USA | Lendtech | Auto | Private |
| 288 | Earnix | 1.1 | Feb 2021 round | 2001 | Israel | Fintech | Analytics | Private |
| 289 | Fenbeitong | 1.1 | Feb 2022 round | 2016 | China | Payments | Biz T&E | Private |
| 290 | Fundbox | 1.1 | Nov 2021 round | 2013 | USA | Lendtech | SMB | Private |
| 291 | 1.1 | Feb 2022 round | 2009 | USA | Fintech | PFM | Private | |
| 292 | Lendbuzz | 1.1 | October 2023 | 2015 | USA | Lendtech | Auto loans | Private |
| 293 | MobileCoin | 1.1 | Aug 2021 round | 2017 | USA | Crypto | Private | |
| 294 | Raisin | 1.1 | Mar 2023 round | 2012 | Berlin | Banking | Deposits | Private |
| 295 | Spendesk | 1.1 | Jan 2022 round | 2016 | France | Payments | SMB/Accounting | Private |
| 296 | Sunbit | 1.1 | May 2021 round | 2016 | USA | Lendtech | Private | |
| 296 | Super Apps Holding | 1.1 | Oct 2022 SPAC (proposed) | Malysia | Payments | Private | ||
| 297 | Tradeshift | 1.1 | May 2018 round | 2009 | USA | Fintech | Trade | Private |
| 298 | Zego | 1.1 | Mar 2021 round | 2016 | UK | Insurtech | Auto | Private |
| 299 | Bridge | 1.1 | Oct 2024 exit (Stripe) | 2022 | USA | Crypto | Stablecoin | Exit |
| 300 | Cayan | 1.1 | Exit | 1998 | USA | Payments | Exit | |
| 301 | Technysis | 1.1 | Feb 2022 exit (SoFi) | 1999 | USA | Banktech | Exit | |
| 302 | Juniper Square | 1.1 | June 2025 round | 2014 | USA | Investech | Infrastructure | Private |
| 303 | Figure | 1.0 | Jan 2025 secondary | 2018 | USA | Fintech | Lending | Private |
| 304 | Coincheck | 1.0 | 5 June 2025 | 2012 | Japan | Crypto | Exchange | Public |
| 305 | Ajaib | 1.0 | Oct 2021 round | 2018 | Indonesia | Investech | Private | |
| 306 | Amount | 1.0 | May 2021 round | 2019 | USA | Fintech | Infrastructure | Private |
| 307 | Assured | 1.0 | Mar 2025 round | 2019 | USA | Insuretech | Claims | Private |
| 308 | Aven | 1.0 | July 2023 round | 2019 | USA | Lendtech | Home equity | Private |
| 309 | Betterfly | 1.0 | Jan 2022 round | 2018 | Chile | Insuretech | Health | Private |
| 310 | Bitkub | 1.0 | Nov 2021 round | 2018 | Thailand | Crypto | Exchange | Private |
| 311 | C2FO | 1.0 | Apr 2019 round | 2008 | USA | Fintech | Accounting | Private |
| 312 | Cais | 1.0 | Jan 2022 round | 2009 | USA | Investech | Wealth Mgmt | Private |
| 313 | Cart.com | 1.0 | Feb 2022 round (est) | 2021 | USA | Ecommerce | Payments | Private |
| 314 | Clark | 1.0 | Aug 2022 round | 2015 | Germany | Insurtech | Brokerage | Private |
| 315 | Clearcover | 1.0 | April 2021 round | 2016 | USA | Insurtech | Automobile | Private |
| 316 | Crypto.com | 1.0 | Nov 2021 estimate | 2016 | Singapore | Cyrpto | Exchange | Private |
| 317 | DANA Wallet | 1.0 | Aug 2022 round | 2017 | Indonesia | Payments | Wallet | Private |
| 318 | EBANX | 1.0 | Jun 2021 round | 2012 | Brazil | Payments | Private | |
| 319 | Enable | 1.0 | Nov 2023 round | 2016 | USA | Payments | Rebate mgmt | Private |
| 320 | Esusu | 1.0 | Jan 2022 round | 2016 | USA | Lendtech | Credit score | Private |
| 321 | Feedzai | 1.0 | Mar 2021 round | 2011 | USA | Fintech | Security | Private |
| 322 | Flex | 1.0 | Feb 2022 round (est) | 2019 | USA | Lendtech | Renters | Private |
| 323 | Freshbooks | 1.0 | Aug 2021 round | 2003 | Canada | Fintech | SMB/Accounting | Private |
| 324 | Glia | 1.0 | Mar 2022 round | 2012 | USA | Banktech | Customer Service | Private |
| 325 | Guantlet | 1.0 | Mar 2022 round | 2018 | USA | Crypto | Lending | Private |
| 326 | Huisuanzhang | 1.0 | May 2020 round | 2015 | China | SMB | Accounting | Private |
| 327 | InCred | 1.0 | Nov 2023 round | 2016 | India | Fintech | Lending | Private |
| 328 | Interswitch | 1.0 | Nov 2019 round | 2002 | Nigeria | Payments | Private | |
| 329 | InvestCloud | 1.0 | Feb 2021 transaction | 2010 | USA | Investech | Private | |
| 330 | 1.0 | Aug 2023 round | 2016 | South Korea | Lending | Data | Private | |
| 331 | Kin Insurance | 1.0 | Sep 2023 round | 2016 | USA | Insuretech | Home | Private |
| 332 | LendingHome | 1.0 | Mar 2018 round | 2014 | USA | Lendtech | Private | |
| 333 | Liquid | 1.0 | Apr 2019 round | 2013 | Japan | Crypto | Private | |
| 334 | Lydia | 1.0 | Dec 2021 round | 2013 | France | Banktech | Consumer | Private |
| 335 | MatrixPort | 1.0 | Aug 2021 round | 2019 | Singapore | Crypto | Private | |
| 336 | MNT-Halan | 1.0 | Jan 2023 round | 2017 | Egypt | Lending | Payments | Private |
| 337 | Moniepoint | 1.0 | Oct 2024 round | 2015 | Nigeria | Payments | Private | |
| 338 | Nagad | 1.0 | Aug 2023 round | 2018 | Bangladesh | Payments | Online | Private |
| 339 | Neo Financial | 1.0 | May 2022 round | 2019 | Canada | Banking | Challenger | Private |
| 340 | Numbrs | 1.0 | Aug 2019 round | 1999 | Switzerland | Banktech | Private | |
| 341 | Octane Lending | 1.0 | Aug 2021 round | 2014 | USA | Lendtech | Private | |
| 342 | Open | 1.0 | April 2022 round | 2017 | India | Banktech | SMB | Private |
| 343 | Opn | 1.0 | May 2022 round | 2020 | Thailand | Payments | Private | |
| 344 | Orchard | 1.0 | Sept 2021 round | 2017 | USA | Lendtech | Mortgage | Private |
| 345 | Oxyzo | 1.0 | Mar 2022 round | 2016 | India | Lendtech | Private | |
| 346 | Papara | 1.0 | July 2023 round | 2015 | Turkey | Fintech | Debit | Private |
| 347 | Payhawk | 1.0 | Feb 2022 round | 2018 | London | Payments | SMB | Private |
| 348 | Paystand | 1.0 | Aug 2022 merger | 2013 | USA | Payments | Billing/SMB | Private |
| 349 | Pie Insurance | 1.0 | Sep 2022 round (est) | 2017 | USA | Insuretech | SMB | Private |
| 350 | PPRO | 1.0 | Jan 2021 round | 2006 | UK | Payments | Private | |
| 351 | 1.0 | Oct 2023 round | 2008 | USA | Fintech | Security | Private | |
| 352 | Satispay | 1.0 | Sep 2022 round | 2013 | Italy | Payments | Private | |
| 353 | Shift Technology | 1.0 | May 2021 round | 2013 | France | Insurtech | Analytics | Private |
| 354 | Sift | 1.0 | April 2021 round | 2011 | USA | Fintech | Security | Private |
| 355 | Sightline Payments | 1.0 | Aug 2021 round | 2009 | USA | Payments | Private | |
| 356 | Slice | 1.0 | Nov 2021 round | 2016 | India | Fintech | Cards | Private |
| 357 | SmartAsset | 1.0 | June 2021 round | 2012 | USA | Investech | Private | |
| 358 | Stax (FatMerchant) | 1.0 | Mar 2022 round | 2014 | USA | Payments | Processing | Private |
| 359 | Sygnum | 1.0 | Jan 2025 round | 2017 | Switzerland | Crypto | Trading | Private |
| 360 | Tamara | 1.0 | Dec 2023 round | 2020 | Saudi Arabia | Lending | BNPL | Private |
| 361 | TaxFix | 1.0 | Apr 2022 round | 2016 | Germany | Fintech | Tax | Private |
| 362 | The Zebra | 1.0 | April 2021 round | 2012 | USA | Insurtech | Lead gen | Private |
| 363 | Transfermate | 1.0 | May 2022 round | 2010 | Ireland | Payments | B2B | Private |
| 364 | TrueLayer | 1.0 | Sep 2021 round | 2016 | UK | Banktech | Private | |
| 365 | Vesttoo | 1.0 | Oct 2022 round | 2018 | Israel | Insuretech | Risk | Private |
| 366 | Vestwell | 1.0 | Dec 2023 round | 2016 | USA | Fintech | Investing | Private |
| 367 | Vise | 1.0 | May 2021 round | 2016 | USA | Investech | Advisors | Private |
| 368 | VNLife (VNPay) | 1.0 | Aug 2021 round | 2007 | Vietnam | Ecommerce | Private | |
| 369 | Worldcoin | 1.0 | Oct 2021 round | 2019 | USA | Crypto | Payments/Identity | Private |
| 370 | Xendit | 1.0 | Sept 2021 round | 2014 | Indonesia | Payments | Payments | Private |
| 371 | Xtransfer | 1.0 | Sep 2021 round | 2017 | China | Payments | SMB | Private |
| 372 | Zebic | 1.0 | Aug 2022 round | 2021 | USA | Crypto | Payroll/SMB | Private |
| 373 | Zopa | 1.0 | Nov 2024 round | 2004 | UK | Lendtech | Private | |
| 374 | ChromeRiver (Emburse) | 1.0 | Mar 2019 merger (Certify) | 2007 | USA | Payments | Exit | |
| 375 | Currency Cloud | 1.0 | July 2020 exit (Visa) | 2012 | UK | Payments | Exit | |
| 376 | Nutmeg | 1.0 | June 2021 exit (JPMorgan) | 2011 | UK | Investech | Exit | |
| 377 | Personal Capital | 1.0 | Exit | 2009 | USA | Investech | Exit | |
| 378 | Pismo | 1.0 | Jan 2024 exit (Visa) | 2016 | UK | Banktech | Exit | |
| 379 | Finicity | 1.0 | June 2020 Exit (Mastercard) | 1999 | USA | Fintech | Infrastructure | Exit |
| 380 | Uniswap | 1.0 | July 2023 secondary | 2018 | USA | Crypto | Exchange | Private |
| 381 | MoneyLion | 1.0 | 5 June 2025 | 2013 | USA | Fintech | Banking | Public |
| 382 | Acorns | 1.0 | Oct 2023 secondary | 2012 | USA | Fintech | Investing | Private |
| 383 | Blend | 1.0 | 5 June 2025 | 2012 | USA | Lendtech | Public | |
| 384 | Bright Health | 1.0 | Nov 2019 round | 2015 | USA | Insuretech | Health | Private |
| 385 | Thunes | 0.9 | July 2023 round | 2016 | Singapore | Payments | Remittances | Private |
| 386 | SiPay | 0.9 | April 2025 round | 2019 | Turkey | Payments | Embedded | Private |
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