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Innovation has transformed many industries and banking and finance are some of them. The emergence of fintech has made the lives of finance professionals and of the common public so much easier. Fintech startups and companies are launching avant-garde solutions to make sure that all global industries are efficiently and securely carrying out their daily transactions. In this article, we have listed the top fintech startups that are making huge strides in 2022
LendInvest is the UK's leading platform for property finance. Its mission is to make property finance simple. It has built an asset management platform designed to make the process of getting a mortgage simpler, reducing the form-filling, increasing the speed to get a 'yes', and creating a better customer experience for our borrowers, intermediaries, and investors. In 2019 the company became the first UK fintech to securitise a portfolio of buy-to-let mortgages.
Loanwalle is a fintech quick 30-minute loan company with headquarters in Delhi and branches in Mumbai, Hyderabad, Bangalore, Kolkata, and 22 more. Its main USP is to give instant loans to its clients so whatever emergency situation they are finding themselves in gets resolved without any further hurdles. It has gone beyond the tedious waiting periods and speeded up the process of approval in such a way that it gets the client's loan approved in just 15 minutes.
M2P fintech was born out of the need to build a highly scalable, secure yet nimble technology stack at the intersection of mobility, commerce, and payments. Its mission is to help every company become a fintech company. It has been able to help 500 of them since its inception. The company challenges the status-quo of how fintech work with regulated financial services providers. It provides a state-of-the-art modular API platform to build Fintech products with seamless money flow. The company also offers resource-based URLs that accept JSON or form-encoded requests.
MANTL is an enterprise SaaS company helping traditional financial institutions modernize and grow. Its mission is to expand access to financial services. MANTL's white-labeled account opening platform enables people to open deposit accounts on any device in roughly 2 minutes and 37 seconds. MANTL began as a challenger bank when an aha moment inspired the founders to pivot from competing to partnering with banks to deploy its technology at scale. It helps community institutions raise billions of dollars in core deposits each year and are proving that they can compete online with the right set of tools.
Money View redefines financial inclusivity for a billion people. The company provides a Money Manager App that helps in tracking and managing clients' personal expenses smartly. The App auto-tracks and organizes total spending, bills, and account balances to give a single real-time view of your overall finances. Along with the app it has a Money View Loans which provides instant personal loans to underserved segments through a completely digital, easy-to-use platform. Its unique credit assessment tool looks at more than just a credit score.
MoneyTap is India's first app-based credit line. Offered in partnership with leading banks, it is not just a personal loan, not just a credit card, but a personal credit line. In simple words, MoneyTap is catering to the credit needs of middle-class customers in India. Present in 40+ cities, MoneyTap is providing small-medium cash loans, quick credit on mobile, affordable interest rates, and flexible EMIs. The MoneyTap application process is extremely consumer-friendly. It is continuously striving to bring the most seamless and hassle-free credit experience to consumers.
Monzo is known for doing things differently. For too long, banking has been obtuse, complex, and opaque. Monzo wants to change that and build a bank with everyone, for everyone. Its amazing community suggests features, tests the app and gives us constant feedback so the company can build something everyone loves. Now more than 5.62M people use Monzo's hot coral cards to manage their money and spend around the world.
Morningstar started with an idea, one great idea from a 27-year-old stock analyst. Joe Mansueto thought it was unfair that people didn't have access to the same information as financial professionals. So, he hired a few people and set up shop in his apartment to deliver investment research to everyone. Morningstar builds products and offers services that connect people to the investing information and tools they need. The company put in extra work to improve the quality of work and is always looking for new ideas to empower investors.
Mswipe is an independent mobile POS merchant acquirer and network provider. The company believes in serving the smallest of merchants. India currently has 12-15 million SMEs and mobile POS is the only channel that can efficiently link these SMEs to mainstream financial services and digital commerce. The Wisepos Neo is our latest smart POS terminal that accepts all payments – card, chip, magstripe, NFC, and Scan-to-pay QR. The terminal has a long battery life of ~15 hours on a single charge.
N26 is The Mobile Bank, helping you manage your bank account on the go, track your expenses and set aside money in real-time. N26 operates with a full European banking license, and your bank account with a German iBAN is protected for up to €100,000, according to EU directives. And with fingerprint identification and advanced 3D Secure technology, you can rest assured you're extra safe when making purchases in stores and online. Discover N26 Smart, the bank account that gives you more control over your money with a direct customer service hotline if you ever need support.
Navi offers instant personal loans to middle-class Indians at attractive interest rates through its mobile app which can be downloaded from the Google play store and within a few minutes users can check their loan eligibility along with the loan amount and interest rate offered. Once the personal loan is approved the user can choose the amount they need and EMI they are comfortable with. After completing the simple and fully online contactless KYC process the loan amount is instantly disbursed to the user's bank account. Most users are able to complete the process within 10-15 minutes of downloading the app.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
