Fintech
5 fintech startups featured on Business Insider
In the ever-evolving world of financial technology, numerous startups are making waves with their innovative solutions. Business Insider, a leading business news platform, often highlights the most promising companies in this sector. Here we explore five fintech startups that have caught mainstream publication attention, showcasing their disruptive technologies and unique approaches to financial services.
FINQ
FINQ is at the forefront of fintech innovation with its revolutionary AI-powered investment platform. This startup is dedicated to breaking down traditional investment barriers, democratizing financial opportunities for everyday people. Leveraging advanced artificial intelligence, FINQ provides users with personalized investment strategies, making it easier for people to achieve financial independence.
Also known as “the AI that beats the S&P 500,” FINQ uses big data and cutting-edge science to create portfolios built to outperform the market. By intelligently structuring vast data sets and transforming them into actionable insights, FINQ not only provides investors with superior data, but also provides investors with the information they need to make informed, timely and, most importantly, effective decisions.
Read more about FINQ on Business Insider.
Jack
Grasp is transforming the financial advisory industry by using artificial intelligence to automate research tasks, making life easier for finance professionals. The company is developing the first domain-specific AI platform, tailored to meet the complex needs of financial advisory. It focuses on improving productivity in the trillion-dollar financial advisory industry by streamlining manual, repetitive processes.
Launching as a SaaS solution in 2023, Grasp integrates specialized AI systems with trusted tools and data, providing intelligence that surpasses human capabilities. By connecting advanced AI systems with trusted tools and data, Grasp aims to bring superhuman intelligence to financial organizations, significantly improving their efficiency and effectiveness.
Learn more about Grasp on Business Insider.
Narò
Naro enables financial platforms to create bespoke fund products such as ETFs, index funds and money market funds without the complexities of operational or regulatory challenges. Their innovative infrastructure enables firms to design unique investment solutions, moving away from one-size-fits-all models. This translates into lower fees, higher returns and more personalized products for consumers.
Naro is committed to transforming the funds market by enabling companies to develop their ETFs and funds seamlessly, overcoming traditional operational and regulatory hurdles. This approach not only ensures fair participation in the fund market, but also contributes to a more robust financial system. By facilitating long-term wealth creation, Naro helps strengthen the financial stability of individuals and society at large.
Read more about Naro on Business Insider.
Griffin
Griffin is the pioneering force behind the UK’s first full-stack Banking as a Service platform, dedicated to facilitating the quick, simple and cost-effective integration of financial services into business offerings. The overall goal is to simplify the integration of financial functionality for businesses, allowing them to prioritize creating unprecedented customer experiences.
At Griffin, the team takes on the burden of managing complex infrastructure and compliance needs, giving businesses the freedom to focus on what really matters: providing world-class solutions to their customer base. Through simple APIs, companies can seamlessly integrate bank accounts, payment systems and a host of other financial services into their products, pushing them towards excellence in terms of user experience and functionality.
Read more about Griffin at Business Insider.
YoFio
YoFio, a fintech company based in Mexico, is dedicated to promoting financial inclusion among microbusiness owners. The company has outlined its intentions to undertake a search for investors in an upcoming Series A funding round. YoFio’s vision for the investment proceeds is to fuel the expansion of its operational footprint, enabling it to initially meet a broader spectrum of activity across Mexico, with aspirations to extend its reach across Latin America in due course.
Leveraging cutting-edge technologies such as artificial intelligence and computer vision through its innovative application and platform, YoFio boasts the ability to quickly assess the inventory status and financial well-being of businesses. This rating facilitates the provision of a line of credit, ranging from 7,000 to 200,000 Mexican pesos, to entrepreneurs. This line of credit allows business owners to procure inventory without depleting available cash reserves by offering a 14-day grace period with no interest charges.
Learn more about YoFio on Business Insider.