Fintech startups had quite the showing in this year’s INC 500 ranking. Financial tech companies claimed 2 of the top 10 spots, 6 of the top 45, and 12 of top 104. In comparison, last year the highest-ranked fintech was #46 Yieldstreet and there were only 2 other fintech startups in the top 100. Interestingly, none of last year’s highest-ranking 18 startups repeated this year. Statistically, with a ranking based on 3-year overall growth, it’s difficult to repeat in the list.
Here they are by INC ranking of 3-year growth rate.*
Rank | Company | Type | 3-yr Growth* | Employees |
3 | Dave | Neobank | 290x | 151 |
7 | Varo Bank | Neobank | 250x | 561 |
30 | Greenlight | Youth PFM | 96x | 216 |
32 | Numerated | Lending software | 93x | 95 |
36 | DealMachine | Real estate investing | 84x | 40 |
45 | Vizypay | Card processing | 75x | 34 |
60 | CoinFlip | Bitcoin ATMs | 60x | |
63 | Pilot | SMB accounting | 59x | 150 |
64 | Bolt | Online POS | 59x | 152 |
92 | RateForce | Auto insurance | 43x | 17 |
101 | Sales Boomerang | Mortgage software | 39x | 36 |
104 | Attune | SMB insuretch | 39x | 116 |
Source: INC Magazine, Aug 2021
*To qualify for the 2020 Inc. 500, the company must:
- Be privately-owned
- Based in the United States
- Independent entity (not a subsidiary or division of another company)
- Have started earning revenue by March 31st, 2016
- Had revenue no less than $100,000 in 2016
- Had revenue no less than $2,000,000 in 2019
- Revenue in 2019 exceeds revenue in 2016