Fintech
10 Fintech Companies to Watch in 2024
The fintech market is undergoing a rapid transformation driven by emerging technologies such as Open Finance and GenAI, as highlighted by Juniper SearchThis evolution is compounded by intense competition to become the preferred choice of customers, making the market more competitive and unpredictable than ever before.
In the face of economic pressures and intense competition across nearly every industry, financial technology providers must prioritize solutions that address pain points and deliver tangible benefits, rather than relying on speculative advances.
Here is our list of 10 companies with big plans.
Aptus.AI
Italy, CEO: Andrea Tesei
Aptus.AI helps companies transform their end-to-end conformity AI-powered process management, making legal information from multiple issuers digitally accessible, and automating the assessment of regulatory impacts on companies in highly regulated industries.
Bit bonds
Germany, CEO: Radoslav Albrecht
Bitbond is a Software-as-a-Service provider for bank-grade tokenization and digital asset technology. It offers asset tokenization technology and expertise to banks, financial intermediaries and large issuers.
Go paperless
United Kingdom, CEO: Hiroki Takeuchi
GoCardless believes that bank payments are the best way to pay and get paid. Collect domestic or international payments without expensive fees. Securely access your customers’ bank account details to improve your products and manage risk, with connections to over 2,300 UK and European banks.
MangoPay
Luxembourg, CEO: Romain Mazeries
Mangopay’s mission is to power the payments infrastructure and operations of the world’s largest and most innovative marketplaces and platforms, enabling them to build, operate and evolve the payment systems essential to their success. Mangopay has helped entrepreneurs build marketplaces and crowdfunding platforms.
Mozn
Saudi Arabia, CEO: Dr. Mohammed Alhussein
Mozn is a pioneering AI company focused on developing advanced AI products and solutions. Mozn’s technology enables businesses to make critical decisions using data-driven insights and innovative AI algorithms.
nSure.ai
Israel, CEO: Alex Zeltcer
nSure.ai’s story began with a gift card platform founded in 2013 that faced a high chargeback rate in its first week. Unable to find a suitable premium payment fraud protection solution that didn’t require a 15%-20% drop in legitimate buyers, the company developed its own in-house platform. nSure.ai enables businesses around the world to confidently pursue high-value digital commerce by preventing fraud at scale and accessing new customers they might not have otherwise had.
Risky
USA, CEO: Eido Gal
Riskified was founded to improve the e-commerce experience for both merchants and consumers by taking a technology-forward approach, as traditional methods struggled to keep pace with changes in shopping. Using AI, big data, and machine learning, Riskified fights fraud, protects against account takeovers, combats payment failures, and helps stop abuse while maintaining consumer-friendly policies.
Rescue
United States, CEO: Johnny Ayers
The company’s mission is to verify 100% of valid identities in real time and completely eliminate identity fraud on the Internet. Socure has enabled millions of people who are underbanked, credit invisible, or otherwise excluded from commercial offers and government programs due to inaccurate and outdated identity verification, to immediately access online services and benefits.
Vic.ai
United States, CEO: Alexander Hagerup
Vic.ai believes that the world of accounting and finance is ready for its digital awakening, and Vic.ai is here to make it happen. By equipping finance professionals around the world with a new generation of tools, day-to-day operations can be done faster, easier, and smarter.
Secure payment
United Kingdom, CEO: Bruce Lowthers
At Paysafe, we see transactions as more than just numbers; they are the starting point for experiences, opportunities and outcomes, all rooted in trust. This philosophy drives the delivery of a secure and seamless transaction platform, allowing businesses and customers to benefit from deep knowledge and history in the payments industry.