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 238. Their total market value is now $2.21 trillion, up $100B from last month.

Unicorn count:

Beginning (Sep 1) = 224
+ 14 born this month (see below)
___________________
Total (Sep 30) = 238

Total market value = $2.21 trillion

New in September:

  • $9B: Pagaya: US banking services provider that announced its intention to go public via SPAC
  • $5.9B: Clearwater Analytics – US investment back-office provider founded in 2003
  • $3.5B: Coalition – US cybersecurity insurance provider founded in 2017
  • $2.7B: Paidy – Japanese payments company acquired by PayPal 
  • $2.0B: Atome – Payments startup from Singapore
  • $1.5B: Ascend Money – Payments firm from Thailand
  • $1.4B: Alloy – US identity specialist founded in 2015
  • $1.3B: Marshmallow – UK auto insurance provider founded in 2017
  • $1.3B: Blockdaemon – US crypto payments provider founded in 2017
  • $1.3B: Betterment – US robo-advisor founded in 2008
  • $1.0B: Xtransfer – Chinese SMB payments provider founded in 2017
  • $1.0B: TrueLayer – UK banking services provider founded in 2016
  • $1.0B: Orchard – US mortgage company founded in 2017
  • $1.0B: Xendit – Indonesian payments company founded in 2014

Full Fintech Unicorn List

Rank Company $B Value Value Date Founded Country Category Sub-Category Status
1 PayPal 337 9 Sep 2021 1999 USA Fintech Payments Public
2 Shopify 188 9 Sep 2021 2004 Canada Ecommerce Payments Public
3 Ant Technology 150 2018 round 2014 China Fintech Payments Private
4 Square 116 9 Sep 2021 2009 USA Fintech Payments Public
5 Adyen 96 9 Sep 2021 2006 Netherlands Fintech Payments Public
6 Stripe 95 Mar 2021 round 2010 USA Fintech Payments Private
7 Coinbase 67 9 Sep 2021 2012 USA Crypto Exchange Public
8 Klarna 46 June 2021 round 2005 Sweden Fintech Payments Private
9 Robinhood 35 9 Sep 2021 2013 USA Fintech Investing Public
10 Revolut 33 July 2021 round 2015 UK Fintech Payments Private
11 Nubank 30 June 2021 round 2013 Brazil Fintech Banking Private
12 Toast 30 22 Sep 2021 2011 USA Fintech Payments Public
13 Afterpay 29 August 2021 exit to Square 2014 Australia Fintech Lending Exit
14 Bill.com 28 9 Sep 2021 2006 USA Fintech Payments Public
15 KakaoBank 28 9 Sep 2021 2016 South Korea Fintech Lending Public
16 Chime 25 Aug 2021 round 2013 USA Fintech Banking Private
17 Affirm 24 9 Sep 2021 2012 USA Fintech Lending Public
18 Nuvei 23 9 Sep 2021 2003 Canada Fintech Payments Public
19 Xero 22 9 Sep 2021 2006 New Zealand Fintech Accounting Public
20 Lakala 22 9 Sep 2021 2004 China Fintech Lead gen Public
21 WeBank 21 Nov 2018 transaction 2014 China Fintech Banking Private
22 Lufax 21 9 Sep 2021 2011 China Fintech Investing Public
23 dLocal 19 9 Sep 2021 2016 Uruguay Fintech Payments Public
24 FTX Exchange 18 July 2021 round 2012 USA Crypto Exchange Private
25 Marqeta 16 Secondary market May 21 2010 USA Fintech Payments Private
26 One97 (PayTM) 16 Nov 2019 round 2010 India Fintech Payments Private
27 Checkout.com 15 Jan 2021 round 2012 UK Fintech Payments Private
28 Stone 14 9 Sep 2021 2013 Brazil Fintech Payments Public
29 Plaid Technologies 13 April 2021 round 2012 USA Fintech Infrastructure Private
30 SoFi 13 9 Sep 2021 2011 USA Fintech Lender Public
31 Tinkoff Bank 10 Estimate 2006 Russia Fintech Banking Public
32 eToro 10 Mar 2021 SPAC (proposed) 2007 UK Fintech Investing Private
33 Wise (TransferWise) 10 9 Sep 2021 2011 UK Fintech Payments Public
34 Ripple 10 Dec 2019 round 2012 USA Cyrpto Payments Private
35 Gusto 9.5 Aug 2021 round 2011 USA Fintech Payroll/SMB Private
36 Oscar Health 9.5 Mar 2021 IPO pricing 2012 USA Health Insurance Private
37 Bullish 9.1 July 2021 SPAC (proposed) 2021 Cayman Islands Crypto Private
38 Pagaya 9.0 Sep 2021 SPAC (proposed) 2016 USA Fintech Banking Private
39 N26 9.0 Oct 2021 round 2013 Germany Fintech Banking Private
40 Rapyd 8.8 April 2021 round 2016 UK Fintech Payments Private
41 Jiedaibao 7.8 Jan 2016 round 2014 China Fintech Lending Private
42 Better.com 7.7 May 2021 SPAC annoucement 2016 USA Fintech Lending Private
43 Brex 7.4 April 2021 round 2017 USA Fintech Cards Private
44 Carta 7.4 Aug 2021 round 2012 USA Fintech Investing Private
45 Toss (Viva Republica) 7.4 June 2021 round 2011 South Korea Fintech Payments Private
46 nCino 7.2 9 Sep 2021 2012 USA Fintech Banking Public
47 Credit Karma 7.1 Exit 2007 USA Fintech Credit Exit
48 Remitly 7.0 Sep 2021 round 2011 USA Fintech Payments Private
49 Duck Creek Software 6.6 9 Sep 2021 2000 USA Fintech Insurance Public
50 Mollie 6.5 June 2021 round 2004 Netherlands Fintech Payments Private
51 Trustly 5.9 Estimate based on IPO filing 2008 Sweden Fintech Payments Private
52 Clearwater Analytics 5.9 24 Sep 2021 2003 USA Fintech Investing/back office Public
53 Root Insurance 5.8 Oct 2020 IPO 2016 USA Fintech Insurance Private
54 HealthEquity 5.5 9 Sep 2021 2002 USA Fintech Banking Public
55 PhonePe 5.5 Dec 2020 spinout 2015 India Fintech Payments Private
56 Deel 5.5 Oct 2021 round 2018 USA Fintech Payroll/SMB Private
57 Trade Republic 5.3 May 2021 round 2015 Germany Fintech Investing Private
58 Blockchain.com 5.2 Mar 2021 round 2011 UK Crypto Private
59 Riskified 5.0 9 Sep 2021 2012 USA Fintech Payments Public
60 Hippo 5.0 Mar 2021 SPAC (proposed) 2015 USA Fintech Insurance Private
61 Zepz (WorldRemit) 5.0 Bloomberg article about acquisition of SendWave 2010 UK Fintech Payments Private
62 Flywire 5.0 9 Sep 2021 2011 USA Fintech Payments Public
63 Q2 Holdings 4.9 9 Sep 2021 2004 USA Fintech Banking Public
64 AvidXchange 4.9 12 Oct 2021 IPO pricing 2000 USA Fintech Payments Public
65 Lemonade 4.7 9 Sep 2021 2015 USA Fintech Insurance Public
66 BillDesk 4.7 Aug 2021 exit (PayU) 2000 India Fintech Payments Exit
67 Circle Internet Financial 4.5 July 2021 SPAC (proposed) 2013 USA Crypto Payments Private
68 Virtu Financial 4.4 9 Sep 2021 2008 USA Fintech Investing Public
69 Chainalysis 4.2 June 2021 round 2014 USA Crypto Security Private
70 Bitpanda 4.1 Aug 2021 round 2014 Austria Crypto Private
71 Bolt 4.0 July 2021 round 2014 USA Fintech Payments Private
72 Dave 4.0 June 2021 SPAC annoucement 2016 USA Fintech Banking Private
73 iCapital Network 4.0 July 2021 round 2013 USA Fintech Investing Private
74 Kraken 4.0 2019 round (per Fortune) 2011 USA Crypto Private
75 Melio Payments 4.0 Aug 2021 round 2018 USA Fintech Payments Private
76 Next Insurance 4.0 Mar 2021 round 2016 USA Fintech Insurance Private
77 WealthSimple 4.0 April 2021 round 2014 Canada Fintech Investing Private
78 Airwallex 4.0 Sep 2021 round 2015 Australia Fintech Payments Private
79 Ramp 3.9 Aug 2021 round 2019 USA Finetch Cards/SMB Private
80 Blend 3.8 9 Sep 2021 2012 USA Fintech Lending Public
81 FalconX 3.8 Aug 2021 round 2018 USA Crypto Private
82 Papaya Global 3.7 Mar 2021 round 2016 Israel Fintech Payroll/SMB Private
83 Hypoport SE 3.6 IPO 2007 1999 Germany Fintech Lending Public
84 PolicyBazaar 3.5 Mar 2021 round 2008 India Insurtech Private
85 Assurance 3.5 Exit 2016 USA Insurtech Exit
86 Coalition 3.5 Sep 2021 round 2017 USA Insurtech Cybersecurity Private
87 Payoneer 3.4 9 Sep 2021 2005 USA Fintech Payments Public
88 Upgrade 3.3 Aug 2021 round 2016 USA Fintech Lending Private
89 Blockstream 3.2 Aug 2021 round 2014 Canada Crypto Private
90 Cedar 3.2 Mar 2021 round 2016 USA Healthtech Payments Private
91 Figure 3.2 May 2021 round 2018 USA Fintech Lending Private
92 SpotOn 3.2 Sep 2021 round 2017 USA Fintech Payments Private
93 Cardlytics 3.1 9 Sep 2021 2008 USA Fintech Cards Public
94 Linklogis 3.1 9 Sep 2021 2016 China Fintech Lending/SMB Public
95 HighRadius 3.1 Mar 2021 round 2006 USA Fintech Accounting Private
96 LendingClub 3.0 9 Sep 2021 2008 USA Fintech Lending Public
97 BlockFI 3.0 Mar 2021 round 2017 USA Crypto Lending Private
98 China UnionPay 3.0 Per Crunchbase 12/19 2002 China Fintech Payments Private
99 Devoted Health 3.0 May 2020 fundraising 2017 USA Health Insurance Private
100 Doma (States Title) 3.0 Mar 2021 SPAC (proposed) 2016 USA Fintech Mortgage Tech Private
101 Forter 3.0 May 2021 round 2013 USA Fintech Security Private
102 PineLabs 3.0 May 2021 round 1998 India Fintech Payments Private
103 RazorPay 3.0 April 2021 round 2014 India Fintech Payments Private
104 Wefox 3.0 May 2021 round 2015 Germany Fintech Insurance Private
105 BharatPe 2.9 August 2021 round 2018 India Fintech Payments Private
106 DriveWealth 2.9 Aug 2021 round 2012 USA Fintech Investing Private
107 MoneyLion 2.9 Feb 2021 SPAC (proposed) 2013 USA Fintech Banking Private
108 OVO 2.9 Mar 2019 round 2017 Indonesia Fintech Payments Private
109 GreenDot 2.8 9 Sep 2021 1999 USA Fintech Banking Public
110 Paymentus 2.8 9 Sep 2021 2004 USA Fintech Payments Public
111 OakNorth 2.8 May 2019 round 2015 UK Fintech Banking Private
112 Verafin 2.8 Exit Nov 2020 2003 Canada Fintech Security Exit
113 Paidy 2.7 Exit Sep 2021 (PayPal) 2008 Japan Fintech Payments Exit
114 Uala 2.5 Aug 2021 round 2017 Argentina Fintech PFM Private
115 Varo Money 2.5 Sep 2021 round 2015 USA Fintech Banking Private
116 Divvy 2.5 Acquired by Bill.com (May 2021) 2016 USA Fintech Payments/SMB Exit
117 Itiviti 2.5 Exit April 2021 2016 Sweden Fintech Investing Exit
118 LoanDepot 2.4 9 Sep 2021 2010 USA Fintech Lending Public
119 Paxos 2.4 April 2021 round 2012 USA Crypto Private
120 Greenlight 2.3 April 2021 round 2014 USA Fintech Payments Private
121 Lifelock 2.3 Exit 2005 USA Fintech Credit Exit
122 Acorns 2.2 May 2021 SPAC annoucement 2012 USA Fintech Investing Private
123 Addepar 2.2 June 2021 round 2009 USA Fintech Investing Private
124 Bitso 2.2 May 2021 round 2014 Mexico Crypto Private
125 CRED 2.2 April 2021 round 2018 India Finetch Credit Private
126 Current 2.2 April 2021 round 2015 USA Fintech Banking Private
127 iZettle 2.2 Exit 2010 Sweden Fintech Payments Exit
128 Tink 2.2 June 2021 exit to Visa 2012 Sweden Fintech Banking Exit
129 GreenSky 2.2 Sep 2021 Acquired by Goldman Sachs 2006 USA Fintech Lending Exit
130 Zuora 2.1 9 Sep 2021 2007 USA Fintech Payments Public
131 Mercado Bitcoin 2.1 June 2021 round 2013 Brazil Crypto Private
132 ReCharge 2.1 May 2021 round 2014 USA Fintech Payments Private
133 Avant 2.0 Sep 2015 round 2012 USA Fintech Lending Private
134 Bunq 2.0 June 2021 round 2012 Netherlands Fintech Banking Private
135 Clearbanc 2.0 April 2021 round 2015 USA Fintech Lending Private
136 Clip 2.0 June 2021 round 2012 Mexico Fintech Payments Private
137 Divvy Homes 2.0 Aug 2021 round 2017 USA Fintech Investing/proptech Private
138 Fireblocks 2.0 July 2021 round 2018 USA Crypto Private
139 FirstP2P 2.0 Per Crunchbase 12/19 2013 China Fintech Lending Private
140 Mambu 2.0 Jan 2021 round 2011 Germany Fintech Banking Private
141 Opay 2.0 Aug 2021 round 2018 Nigeria Fintech Payments Private
142 Pipe 2.0 Mar 2021 round 2019 USA Fintech Lending Private
143 Tipalti 2.0 Oct 2020 round 2010 USA Fintech Payments Private
144 Waterdrop 2.0 Aug 2020 round 2016 China Fintech Insurance Private
145 Zenefits 2.0 May 2015 round 2013 USA Fintech Payroll/SMB Private
146 Atome 2.0 Sep 2021 round 2019 Singapore Finetch Lending Private
147 Digit Insurance 1.9 Jan 2021 round 2016 India Insurtech Insurance Private
148 MX 1.9 Jan 2021 round 2010 USA Fintech Banking Private
149 Starling Bank 1.9 Mar 2021 round 2014 UK Fintech Banking Private
150 OneConnect (PingAn) 1.8 9 Sep 2021 2015 China Fintech Infrastructure Public
151 Creditas 1.8 Dec 2020 round 2012 Brazil Fintech Lending Private
152 Trulioo 1.8 June 2021 round 2011 Canada Fintech Security Private
153 BillTrust 1.7 9 Sep 2021 2001 USA Fintech Payments Public
154 Mercury Technologies 1.7 July 2021 round 2015 Denmark Fintech Cards Private
155 Mercury Payments 1.7 Exit 2001 USA Fintech Payments Exit
156 Mercury Technologies 1.6 July 2021 round 2017 USA Fintech Banking Private
157 Monzo 1.6 May 2020 round 2015 UK Fintech Banking Private
158 Solaris Bank 1.6 July 2021 round 2016 Germany Fintech Bankinbg Private
159 Fawry 1.5 31-Dec-2020 2008 Egypt Fintech Payments Public
160 Ledger 1.5 June 2021 round 2014 France Crypto Private
161 M1 Finance 1.5 July 2021 round 2015 USA Fintech PFM Private
162 PingPong 1.5 Mar 2019 round 2015 China Fintech Payments Private
163 WeLab 1.5 Mar 2021 round (est) 2013 HongKong Fintech Lending Private
164 Zeta 1.5 May 2021 round 2015 India Fintech Banking Private
165 GoHealth 1.5 Exit 2001 USA Health Insurance Exit
166 Ascend Money 1.5 Sep 2021 round 2015 Thailand Fintech Payments/Wallet Private
167 Alkami 1.4 April 2021 round 2009 USA Fintech Banking Private
168 At-Bay 1.4 July 2021 round 2016 USA Insurtech Cyber Private
169 CGTZ 1.4 June 2018 round 2013 China Fintech Lending Private
170 Chargebee 1.4 April 2021 round 2011 USA Fintech Payments Private
171 Judo Bank 1.4 June 2021 round 2016 Australia Fintech Banking/SMB Private
172 Scalable Capital 1.4 June 2021 round 2014 Germany Fintech Investing Private
173 Stash 1.4 Feb 2021 round 2015 USA Fintech Investing Private
174 Alloy 1.4 Sep 2021 round 2015 USA Fintech IDentity Private
175 Sezzle 1.3 9 Sep 2021 2016 USA Fintech Lending Public
176 Marshmallow 1.3 Sep 2021 round 2017 UK Insurtech Auto Private
177 Signifyd 1.3 April 2021 round 2011 USA Fintech Payments/Security Private
178 Socure 1.3 Mar 2021 round 2012 USA Fintech Identity Private
179 TaxBit 1.3 Aug 2021 round 2018 USA Crypto Tax Private
180 Blockdaemon 1.3 Sep 2021 round 2017 USA Crypto Payments Private
181 Betterment 1.3 Sep 2021 round 2008 USA Fintech Investing Private
182 Atom Bank 1.3 July 2019 round 2014 UK Fintech Banking Private
183 Clover Health 1.2 Jan 2019 round 2013 USA Health Insurance Private
184 Pilot 1.2 Mar 2021 round 2016 USA Fintech SMB/Accounting Private
185 Public.com 1.2 Feb 2021 round 2018 USA Fintech Investing Private
186 Galileo 1.2 Exit 2000 USA Fintech Payments Exit
187 Deposit Solutions 1.1 Sep 2019 round 2011 Germany Fintech Banking Private
188 CoinDCX 1.1 Aug 2021 round 2017 India Crypto Private
189 Earnix 1.1 Feb 2021 round 2001 Israel Fintech Analytics Private
190 MobileCoin 1.1 Aug 201 round 2017 USA Crypto Private
191 Sunbit 1.1 May 2021 2016 USA Fintech Lending Private
192 Tradeshift 1.1 May 2018 round 2009 USA Fintech Trade Private
193 Zego 1.1 Mar 2021 round 2016 UK Insurtech Auto Private
194 Cayan 1.1 Exit 1998 USA Fintech Payments Exit
195 Amber Group 1.0 June 2021 round 2017 Hong Kong Crypto Private
196 Amount 1.0 May 2021 round 2019 USA Fintech Infrastructure Private
197 Bolttech 1.0 July 2020 round 2020 Singapore Fintech Insurance Private
198 C2FO 1.0 Apr 2019 round 2008 USA Fintech Accounting Private
199 Chipper Cash 1.0 May 2021 round 2018 USA Fintech Payments Private
200 Clearcover 1.0 April 2021 round 2016 USA Insurtech Automobile Private
201 DailyPay 1.0 May 2021 round 2015 USA Fintech Payments Private
202 EBANX 1.0 Oct 2019 round 2012 Brazil Fintech Payments Private
203 Expensify 1.0 Estimate based on $100M ARR 2008 USA Fintech Accounting Private
204 Fast 1.0 Oct 2020 rumors 2019 USA Fintech Payments Private
205 Feedzai 1.0 Mar 2021 round 2011 USA Fintech Security Private
206 Flutterwave 1.0 Mar 2021 round 2016 USA Fintech Payments Private
207 Freshbooks 1.0 Aug 2021 round 2003 Canada Fintech SMB/Accounting Private
208 GoCardless 1.0 Dec 2020 round 2011 UK Fintech Payments Private
209 Groww 1.0 April 2021 round 2017 India Fintech Investing Private
210 Human Interest 1.0 Aug 2021 round 2015 USA Fintech Investing Private
211 Interswitch 1.0 Nov 2019 round 2002 Nigeria Fintech Payments Private
212 InvestCloud 1.0 Feb 2021 transaction 2010 USA Fintech Investing Private
213 LendingHome 1.0 Mar 2018 round 2014 USA Fintech Lending Private
214 Liquid 1.0 Apr 2019 round 2013 Japan Crypto Private
215 MatrixPort 1.0 Aug 2021 round 2019 Singapore Crypto Private
216 Neon Pagamentos 1.0 Estimate 2016 Brazil Fintech Banking Private
217 Nium 1.0 Aug 2021 round 2015 Singapore Fintech Payments Private
218 Numbrs 1.0 Aug 2019 round 1999 Switzerland Fintech Banking Private
219 Octane Lending 1.0 Aug 2021 round 2014 USA Fintech Lending Private
220 PPRO 1.0 Jan 2021 round 2006 UK Fintech Payments Private
221 Shift Technology 1.0 May 2021 round 2013 France Insurtech Analytics Private
222 Sift 1.0 April 2021 round 2011 USA Fintech Security Private
223 Sightline Payments 1.0 Aug 2021 round 2009 USA Fintech Payments Private
224 SmartAsset 1.0 June 2021 round 2012 USA Finetch Investing Private
225 The Zebra 1.0 April 2021 round 2012 USA Insurtech Lead gen Private
226 Vise 1.0 May 2021 round 2016 USA Fintech Investing Private
227 VNLife 1.0 Aug 2021 round 2007 Vietnam Fintech Ecommerce Private
228 Webull 1.0 Feb 2021 round 2016 China Fintech Investing Private
229 ChromeRiver 1.0 Exit 2007 USA Fintech Payments Exit
230 Currency Cloud 1.0 July 2020 exit to Visa 2012 UK Fintech Payments Exit
231 Nutmeg 1.0 Exit June 2021 JPMorgan 2011 UK Fintech Investing Exit
232 Personal Capital 1.0 Exit 2009 USA Fintech Investing Exit
233 Orchard 1.0 Sept 2021 round 2017 USA Fintech Lending/Mtg Private
234 Xendit 1.0 Sept 2021 round 2014 Indonesia Fintech Payments Private
235 Xtransfer 1.0 Sep 2021 round 2017 China Fintech Payments/SMB Private
236 TrueLayer 1.0 Sep 2021 round 2016 UK Fintech Banking Private
237 Finicity 1.0 Exit 1999 USA Fintech Infrastructure Exit
238 Bright Health 1.0 Nov 2019 round 2015 USA Health Insurance Private
2,183

Source: FintechLabs.com, 18 Oct 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.