At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here). In April, we added 11 new unicorns for a month-end total of 171. Their total market value is now $1.67 trillion, up $50B from last month.
Unicorn count:
Beginning (April 1) = 157
+ 13 born this month (see below)
+ 1 newly recognized this month (FTX)
___________________
Total (April 30) = 171
Total valuation = $1.67 trillion
New in April:
- #32 Linklogis: $7B Chinese supply-chain financing company that went public in April
- #60 FTX Exchange: $3.5B US/Hong Kong-based crypto exchange
- #81 Itivit: $2.5B Swedish trading platform acquired in April
- #83 Paxos: $2.4B US-based crypto infrastructure provider
- #86 CRED: $2.2B India-based credit provider
- #88 Current: $2.2B US-based challenger bank
- #119 (tie) Alkami: $1.4B US-based bank tech provider
- #119 (tie) Chargebee: $1.4B US-based payments company
- #126 Signifyd $1.3B US-based payments security provider
- #128 Deel: $1.25B US-based payroll processor
- #142 (tie) Groww: $1.0B India-based investing startup
- #142 (tie) The Zebra: $1.0B US-based insurance lead gen company
- #142 (tie) Clearcover: $1.0B US-based auto insurance provider
- #142 (tie) Sift: $1.0B US-based fraud specialist
Full Fintech Unicorn List
(values as of 1 May 2021)
| Rank | Company | $B Value | Value Date | Founded | Country |
| 1 | PayPal | 308 | 1 May 2021 | 1999 | United States |
| 2 | Ant Technology | 150 | 2018 round | 2014 | China |
| 3 | Shopify | 147 | 1 May 2021 | 2004 | Canada |
| 4 | Square | 111 | 1 May 2021 | 2009 | United States |
| 5 | Stripe | 95 | Mar 2021 round | 2010 | United States |
| 6 | Adyen | 75 | 1 May 2021 | 2006 | Netherlands |
| 7 | Coinbase | 55 | 1 May 2021 | 2012 | United States |
| 8 | Afterpay | 34 | 1 May 2021 | 2014 | Australia |
| 9 | Klarna | 31 | Feb 2021 round | 2005 | Sweden |
| 10 | Lufax | 31 | 1 May 2021 | 2011 | China |
| 11 | Nubank | 25 | Jan 2021 round | 2013 | Brazil |
| 12 | Lakala | 24 | 1 May 2021 | 2004 | China |
| 13 | WeBank | 21 | Nov 2018 transaction | 2014 | China |
| 14 | Xero | 21 | 1 May 2021 | 2006 | New Zealand |
| 15 | Stone | 20 | 1 May 2021 | 2013 | Brazil |
| 16 | Affirm | 18 | 1 May 2021 | 2012 | United States |
| 17 | One97 (PayTM) | 16 | Nov 2019 round | 2010 | India |
| 18 | Checkout.com | 15 | Jan 2021 round | 2012 | United Kingdom |
| 19 | Chime | 15 | Sep 2020 round | 2013 | United States |
| 20 | Plaid Technologies | 13 | April 2021 round | 2012 | United States |
| 21 | Bill.com | 13 | 1 May 2021 | 2006 | United States |
| 22 | Nuvei | 12 | 1 May 2021 | 2003 | Canada |
| 23 | Robinhood | 12 | Sep 2020 round | 2013 | United States |
| 24 | Tinkoff Bank | 10 | 1 May 2021 | 2006 | Russia |
| 25 | eToro | 10 | Mar 2021 SPAC (proposed) | 2007 | United Kingdom |
| 26 | Ripple | 10 | Dec 2019 round | 2012 | United States |
| 27 | Oscar Health | 9.5 | Mar 2021 IPO pricing | 2012 | United States |
| 28 | SoFi | 8.7 | Jan 2021 SPAC (proposed) | 2011 | United States |
| 29 | Jiedaibao | 7.8 | Jan 2016 round | 2014 | China |
| 30 | Brex | 7.4 | April 2021 round | 2017 | United States |
| 31 | Credit Karma | 7.1 | Exit | 2007 | United States |
| 32 | Linklogis | 7.0 | 1 May 2021 | 2016 | China |
| 33 | Carta | 6.9 | Feb 2021 secondary (per The Information) | 2012 | United States |
| 34 | LoanDepot | 6.3 | 1 May 2021 | 2010 | United States |
| 35 | HealthEquity | 6.3 | 1 May 2021 | 2002 | United States |
| 36 | nCino | 6.2 | 1 May 2021 | 2012 | United States |
| 37 | OneConnect (PingAn) | 6.0 | 1 May 2021 | 2015 | China |
| 38 | Better.com | 6.0 | April 2021 round | 2016 | United States |
| 39 | Trustly | 5.9 | Estimate based on 2021 IPO value | 2008 | Sweden |
| 40 | Root Insurance | 5.8 | Oct 2020 IPO | 2016 | United States |
| 41 | Q2 Holdings | 5.8 | 1 May 2021 | 2004 | United States |
| 42 | Virtu Financial | 5.7 | 1 May 2021 | 2008 | United States |
| 43 | Lemonade | 5.7 | 1 May 2021 | 2015 | United States |
| 44 | Duck Creek Software | 5.5 | 1 May 2021 | 2000 | United States |
| 45 | PhonePe | 5.5 | Dec 2020 spinout | 2015 | India |
| 46 | Revolut | 5.5 | Feb 2020 round | 2015 | United Kingdom |
| 47 | Blockchain.com | 5.2 | Mar 2021 round | 2011 | United Kingdom |
| 48 | Wise (TransferWise) | 5.0 | June 2020 secondary | 2011 | United Kingdom |
| 49 | Hippo | 5.0 | Mar 2021 SPAC (proposed) | 2015 | United States |
| 50 | dLocal | 5.0 | April 2021 round | 2016 | Uruguay |
| 51 | Rapyd | 5.0 | April 2021 round | 2016 | United Kingdom |
| 52 | Toast | 4.9 | Feb 2020 round | 2011 | United States |
| 53 | Cardlytics | 4.4 | 1 May 2021 | 2008 | United States |
| 54 | Marqeta | 4.3 | May 2020 round | 2010 | United States |
| 55 | Next Insurance | 4.0 | Mar 2021 round | 2016 | United States |
| 56 | WealthSimple | 4.0 | April 2021 round | 2014 | Canada |
| 57 | Gusto | 3.8 | July 2019 round | 2011 | United States |
| 58 | Assurance | 3.5 | Exit | 2016 | United States |
| 59 | N26 | 3.5 | May 2020 round | 2013 | Germany |
| 60 | PolicyBazaar | 3.5 | Mar 2021 round | 2008 | India |
| 61 | FTX Exchange | 3.5 | Dec 2020 press reports | 2012 | United States |
| 62 | Blend | 3.3 | Jan 2021 round | 2012 | United States |
| 63 | Payoneer | 3.3 | Feb 2021 SPAC (proposed) | 2005 | United States |
| 64 | Cedar | 3.2 | Mar 2021 round | 2016 | United States |
| 65 | HighRadius | 3.1 | Mar 2021 round | 2006 | United States |
| 66 | China UnionPay | 3.0 | Per Crunchbase 12/19 | 2002 | China |
| 67 | Circle Internet Financial | 3.0 | May 2018 round | 2013 | United States |
| 68 | Devoted Health | 3.0 | May 2020 fundraising | 2017 | United States |
| 69 | Flywire | 3.0 | Feb 2020 round | 2011 | United States |
| 70 | BlockFI | 3.0 | Mar 2021 round | 2017 | United States |
| 71 | Doma (States Title) | 3.0 | Mar 2021 SPAC (proposed) | 2016 | United States |
| 72 | RazorPay | 3.0 | April 2021 round | 2014 | India |
| 73 | OVO | 2.9 | Mar 2019 round | 2017 | Indonesia |
| 74 | MoneyLion | 2.9 | Feb 2021 SPAC (proposed) | 2013 | United States |
| 75 | OakNorth | 2.8 | May 2019 round | 2015 | United Kingdom |
| 76 | Verafin | 2.8 | Exit Nov 2020 | 2003 | Canada |
| 77 | Toss | 2.6 | Aug 2020 round | 2011 | South Korea |
| 78 | Airwallex | 2.6 | Mar 2021 round | 2015 | Australia |
| 79 | GreenDot | 2.5 | 1 May 2021 | 1999 | United States |
| 80 | PineLabs | 2.5 | Dec 2020 round | 1998 | India |
| 81 | Itiviti | 2.5 | Exit April 2021 | 2016 | Sweden |
| 82 | BillTrust | 2.5 | 1 May 2021 | 2001 | United States |
| 83 | Paxos | 2.4 | April 2021 round | 2012 | United States |
| 84 | Lifelock | 2.3 | Exit | 2005 | United States |
| 85 | Greenlight | 2.3 | April 2021 round | 2014 | United States |
| 86 | CRED | 2.2 | April 2021 round | 2018 | India |
| 87 | iZettle | 2.2 | Exit | 2010 | Sweden |
| 88 | Current | 2.2 | April 2021 round | 2015 | United States |
| 89 | Avant | 2.0 | Sep 2015 round | 2012 | United States |
| 90 | AvidXchange | 2.0 | Jan 2020 round | 2000 | United States |
| 91 | FirstP2P | 2.0 | Per Crunchbase 12/19 | 2013 | China |
| 92 | Tipalti | 2.0 | Oct 2020 round | 2010 | United States |
| 93 | Waterdrop | 2.0 | Aug 2020 round | 2016 | China |
| 94 | Zenefits | 2.0 | May 2015 round | 2013 | United States |
| 95 | Mambu | 2.0 | Jan 2021 round | 2011 | Germany |
| 96 | Chainalysis | 2.0 | Mar 2021 round | 2014 | United States |
| 97 | Pipe | 2.0 | Mar 2021 round | 2019 | United States |
| 98 | Clearbanc | 2.0 | April 2021 round | 2015 | United States |
| 99 | Zuora | 2.0 | 1 May 2021 | 2007 | United States |
| 100 | MX | 1.9 | Jan 2021 round | 2010 | United States |
| 101 | Digit Insurance | 1.9 | Jan 2021 round | 2016 | India |
| 102 | Starling Bank | 1.9 | Mar 2021 round | 2014 | United Kingdom |
| 103 | Sezzle | 1.9 | 1 May 2021 | 2016 | United States |
| 104 | BillDesk | 1.8 | Nov 2018 round | 2000 | India |
| 105 | Creditas | 1.8 | Dec 2020 round | 2012 | Brazil |
| 106 | Wefox | 1.7 | Dec 2019 round | 2015 | Germany |
| 107 | Mercury | 1.7 | Exit | 2001 | United States |
| 108 | Monzo | 1.6 | May 2020 round | 2015 | United Kingdom |
| 109 | Judo Bank | 1.6 | Dec 2020 round | 2016 | Australia |
| 110 | Divvy | 1.6 | Jan 2021 round | 2016 | United States |
| 111 | Ramp | 1.6 | Mar 2021 round | 2019 | United States |
| 112 | LendingClub | 1.5 | 1 May 2021 | 2008 | United States |
| 113 | Fawry | 1.5 | 31-Dec-2020 | 2008 | Egypt |
| 114 | GoHealth | 1.5 | Exit | 2001 | United States |
| 115 | PingPong | 1.5 | Mar 2019 round | 2015 | China |
| 116 | Remitly | 1.5 | July 2020 round | 2011 | United States |
| 117 | WorldRemit | 1.5 | Bloomberg article | 2010 | United Kingdom |
| 118 | WeLab | 1.5 | Mar 2021 round (est) | 2013 | HongKong |
| 119 | Alkami | 1.4 | April 2021 round | 2009 | United States |
| 120 | CGTZ | 1.4 | June 2018 round | 2013 | China |
| 121 | Stash | 1.4 | Feb 2021 round | 2015 | United States |
| 122 | Chargebee | 1.4 | April 2021 round | 2011 | United States |
| 123 | Melio Payments | 1.3 | Jan 2021 round | 2018 | United States |
| 124 | Sunlight Financial | 1.3 | SPAC estimated early 2021 | 2014 | United States |
| 125 | Socure | 1.3 | Mar 2021 round | 2012 | United States |
| 126 | Signifyd | 1.3 | April 2021 round | 2011 | United States |
| 127 | Atom Bank | 1.3 | July 2019 round | 2014 | United Kingdom |
| 128 | Deel | 1.3 | April 2021 round | 2018 | United States |
| 129 | Metromile | 1.2 | 1 May 2021 | 2011 | United States |
| 130 | Clover Health | 1.2 | Jan 2019 round | 2013 | United States |
| 131 | Figure | 1.2 | Dec 2019 round | 2018 | United States |
| 132 | Galileo | 1.2 | Exit | 2000 | United States |
| 133 | Public.com | 1.2 | Feb 2021 round | 2018 | United States |
| 134 | Bitpanda | 1.2 | Mar 2021 round | 2014 | Austria |
| 135 | Pilot | 1.2 | Mar 2021 round | 2016 | United States |
| 136 | Deposit Solutions | 1.1 | Sep 2019 round | 2011 | Germany |
| 137 | GreenSky | 1.1 | 1 May 2021 | 2006 | United States |
| 138 | Cayan | 1.1 | Exit | 1998 | United States |
| 139 | Tradeshift | 1.1 | May 2018 round | 2009 | United States |
| 140 | Earnix | 1.1 | Feb 2021 round | 2001 | Israel |
| 141 | Zego | 1.1 | Mar 2021 round | 2016 | United Kingdom |
| 142 | C2FO | 1.0 | Apr 2019 round | 2008 | United States |
| 143 | ChromeRiver | 1.0 | Exit | 2007 | United States |
| 144 | Dave | 1.0 | June 2019 round | 2016 | United States |
| 145 | EBANX | 1.0 | Oct 2019 round | 2012 | Brazil |
| 146 | Expensify | 1.0 | Estimate based on $100M ARR | 2008 | United States |
| 147 | Fast | 1.0 | Oct 2020 rumors | 2019 | United States |
| 148 | Interswitch | 1.0 | Nov 2019 round | 2002 | Nigeria |
| 149 | LendingHome | 1.0 | Mar 2018 round | 2014 | United States |
| 150 | Liquid | 1.0 | Apr 2019 round | 2013 | Japan |
| 151 | Mollie | 1.0 | Sep 2020 round | 2004 | Netherlands |
| 152 | Neon Pagamentos | 1.0 | Estimate | 2016 | Brazil |
| 153 | Numbrs | 1.0 | Aug 2019 round | 1999 | Switzerland |
| 154 | Personal Capital | 1.0 | Exit | 2009 | United States |
| 155 | Riskified | 1.0 | Nov 2019 round | 2012 | United States |
| 156 | Upgrade | 1.0 | June 2020 round | 2016 | United States |
| 157 | Varo Money | 1.0 | Estimate | 2015 | United States |
| 158 | GoCardless | 1.0 | Dec 2020 round | 2011 | United Kingdom |
| 159 | PPRO | 1.0 | Jan 2021 round | 2006 | United Kingdom |
| 160 | InvestCloud | 1.0 | Feb 2021 transaction | 2010 | United States |
| 161 | Webull | 1.0 | Feb 2021 round | 2016 | China |
| 162 | Papaya Global | 1.0 | Mar 2021 round | 2016 | Israel |
| 163 | Flutterwave | 1.0 | Mar 2021 round | 2016 | United States |
| 164 | Feedzai | 1.0 | Mar 2021 round | 2011 | United States |
| 165 | Fireblocks | 1.0 | Mar 2021 round (est) | 2018 | United States |
| 166 | Groww | 1.0 | April 2021 round | 2017 | India |
| 167 | The Zebra | 1.0 | April 2021 round | 2012 | United States |
| 168 | Clearcover | 1.0 | April 2021 round | 2016 | United States |
| 169 | Sift | 1.0 | April 2021 round | 2011 | United States |
| 170 | Finicity | 1.0 | Exit | 1999 | United States |
| 171 | Bright Health | 1.0 | Nov 2019 round | 2015 | United States |
Source: FintechLabs.com, 3 May 2021
*To qualify, a company must have been founded in 1999 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
