CB Insights Reveals the Fintech 250 List at Future of Fintech

June 27, 2017

Xignite Named to the 2017 Fintech 250, Highlighting Advancements in Cloud-based Market Data

New York, NY, June 27, 2017 -- CB Insights today named Xignite to the prestigious Fintech 250, a select group of emerging private companies working on groundbreaking financial technology. CB Insights CEO and co-founder, Anand Sanwal, revealed the Fintech 250 companies during The Future of Fintech, a gathering of the world's largest financial institutions, best fintech startups, and most active venture investors.

CB Insights“The financial services industry will see more change in the next 10 years than it has in the last 100. And that transformation is being driven by a group of smart insurgent startup companies. The Fintech 250 are the most promising of these insurgents. They are bringing emerging technologies and business models to financial services that will permanently change the way we handle money and do business,” said CB Insights CEO Anand Sanwal.

“We are excited to be part of the CB Insights Fintech 250. Our vision is to empower and inspire the future of finance, and it is rewarding to see that we have empowered and inspired no less than 18 of the Fintech 250 with our easy-to-use cloud-based market data solutions. We are looking forward to taking what we have done with fintech companies to empower larger financial institutions to re-invent their customer experience all the while lowering costs,” said Stephane Dubois, CEO of Xignite.

The CB Insights research team selected the Fintech 250 companies based on several factors including data submitted by the companies and the company’s Mosaic Score. The Mosaic Score, based on CB Insights’ National Science Foundation-funded algorithm, measures the overall health and growth potential of private companies. Through this evidence-based, statistically-driven approach, the Mosaic Score can help predict a company’s momentum, market health and financial viability.

Companies such as Affirms, Stripe, Robinhood, Acorns, Nav and Blue Vine joined Xignite in being recognized for their innovative technology in front of an audience of 1000 senior executives from around the world and news outlets including The New York Times, The Wall Street Journal, The Financial Times, Reuters and Bloomberg.

Xignite makes market data easy, freeing clients from the constraints of hardware and software so that they may create, deliver, and scale applications globally, touching millions of users and devices. Xignite provides cloud-based real-time and reference market data to financial services and fintech companies for easy integration with websites, apps, and software. The Xignite Market Data Cloud platform, hosted by AWS, allows companies to simplify infrastructure, scale quickly, and innovate faster. Xignite handles more than 250 billion API calls each month.

Quick facts on the Fintech 250:

  • These 250 emerging private companies have raised $14B across 240 deals in 2016.
  • Applications of their technology include breakthroughs in insurance, lending, payments, human resources, real estate, and much more.
  • More than 2,000 companies were nominated or applied for the Fintech 250 (only 8% were selected).
  • Ribbit Capital has backed 17 of the Fintech 250 companies, while Andreesen Horowitz and Goldman Sachs backed 9.
  • Twenty-three Fintech 250 companies have reached a valuation of $1B or more.
  • 23 countries are represented among the Fintech 250 companies.

The Fintech 250 Companies (in alphabetical order):

51Xinyongka
55 Capital
Acorns
Activehours
Addepar
Adyen
Affirm
Airwallex
Algomi
AlphaSense
AngelList
Ant Financial Services Group
Artivest Holdings
Assembly Payments
Atom Bank
AutoGravity
Auxmoney
Avalara
AvidXchange
Axoni
Behalf
Beijing LaKala Billing Services
Better Mortgage
Betterment
Billtrust
BIMA
bitFlyer
BitPesa
Blend
Blockstack Labs
Blockstream
BlueVine
bonify
Branch International
Brave Software
Bright Health
C2FO
Cadre
Canopy Tax
Capital Float
Captable.io
Chain
Circle Internet Financial
CircleUp
Clarity Money
ClearTax
Cloud9 Technologies
Clover Health
Coinbase
Coins.ph
ComplyAdvantage
Credit Benchmark
Credit Karma
Creditas
CreditEase Insurance Agency
CreditMantri
Cross River Bank
Crowdcube
CurrencyCloud
CurrencyFair
Cyence
Dadao Financial
Deposit Solutions
DianRong
Digit
Digital Asset Holdings
Digital Reasoning Systems
Droit Fintech
Earnest
Easynvest
Ebury
Ellevest
Embroker
eShares
Even Respsonsible Finance
EverCompliant
Ezetap Mobile Solutions
Factom
Fenergo
Fenqile
figo
FinanceIt
FinancialForce.com
Finrise
Flywire
Folio
freee
Fundbox
Funding Circle
Funding Societies
Futu5
GoCardless
GoFundMe
GreenSky
GuiaBolso
Guideline
Gusto
Habito
hibob
IceKredit
IEX Group
Indiegogo
Indifi Technologies
iyzico
iZettle
JD Finance
Juvo
Juzhen Financials
Kabbage
Kakao Pay
Kasisto
Kensho Technologies
Kickstarter
Klarna
Kreditech
Kyriba
Ladder
Lemonade
LendingHome
Lendingkart
LendInvest
LendUp
LevelUp
Lu.com
M-DAQ
Magento Commerce
MarketInvoice
Marqeta
Merlon Intelligence
MetroMile
MobiKwik
MoMo
MoneyFarm
Moneytree
Monzo
Mynt
N26
Namely
Nav
Neighborly
NerdWallet
New York Shipping Exchange
Next Insurance
Nongfenqi
Nubank
Numerai
Nutmeg
One97 Communications
Onfido
OpenFin
OpenGamma
Oportun
Orchard Platform
Oscar Health Insurance Co.
Paga
Parasut
Paymax
PayNearMe
Payoneer
Paystack
Paytm Payment Bank
PeerIQ
PeerStreet
Perfios
Personal Capital
Ping++
Plaid Technologies
Point Digital Finance
Polychain Capital
Ppdai
Propel
Property Partner
Prospa
Qapital Insight
QFPay
Qingsongchou
Quantopian
Qudian
Quovo
Raisin
RealtyShares
Red Dot Payment
Reorg Research
Revolut
Ripple Labs
Riskalyze
Robinhood
Rong360
Roofstock
Roostify
Seedrs
Shenzhen Kingdee Suishou Technology
Signifyd
Silverfin
simplesurance
SirionLabs
Smava
SocietyOne
Socure
SoFi
solarisBank
Stash Invest
Street Contxt
Stripe
Symphony Communication Services Holdings
Tala
Tally Technologies
THEO
Tiger Brokers
Tink
Token
Tradeshift
Trading Ticket
TransferWise
TravelBank
Trov
TrueAccord
Trulioo
Trumid
Tyro Payments
Upgrade
VATBox
Veem
Verato
Viva Republica
Wave Accounting
Wealthfront
WealthNavi
Wealthsimple
WeCash
Weidai
WeLab
WorldCover
WorldRemit
Xapo
Xiaoyusan Insurance
Xignite
Xishan Information Technology
YapStone
Yoco
YongQianBao
Yuanbaopu
Zeitgold
ZestFinance
ZestMoney
Zhong An Insurance
Zoona
Zooz
Zopa
Zuora

About CB Insights

Our team comes to work every day to build technology that helps corporations guess less and win more. We aggregate and analyze massive amounts of data and use machine learning, algorithms and data visualization to help corporations replace the three Gs (Google searches, gut instinct and guys with MBAs*) so they can answer massive strategic questions using probability not punditry.

With backing from the National Science Foundation and venture capital investors, we mine terabytes of data and knowledge contained in patents, venture capital financings, M&A transactions, hiring, startup and investor websites, news sentiment, social media chatter, and more. Our software algorithmically analyzes this data to help our clients see where the world is going tomorrow, today.

*We have MBAs.

Contact:

Farrah Kim, PR Manager
fkim@cbinsights.com
+1 212-292-3148

About The Future of Fintech

The Future of Fintech is an exclusive gathering of the world's largest financial institutions, best fintech startups, and most active venture investors.
 

For more information about the Fintech 250, visit:
https://www.cbinsights.com/research-fintech250

To learn more about CB Insights’ Future of Fintech, go here:
http://events.cbinsights.com/future-of-fintech

 

About Xignite

Named one of the ten coolest brands in banking, Xignite, Inc. makes market data easy. Xignite pioneered the shift of market data to the public cloud and is leading the disruption of the market data industry. The Xignite Market Data Cloud, hosted by AWS, provides financial entrepreneurs cloud-based solutions for managing and distributing market data. Xignite’s clients include more than 1,000 financial services, media and software companies including BMO, BlackRock, Charles Schwab, TIAA, and FinTech innovators Betterment, Envestnet|Yodlee, FutureAdvisor, Motif Investing, Personal Capital, Robinhood, SoFi, Stocktwits, and Wealthfront. Visit http://www.xignite.com or follow on Twitter @xignite.

CONTACT:  

Kerry Langstaff
+1 650-242-4466
klangstaff@xignite.com

Previous Article
Xignite Announces Channel Partner Program
Xignite Announces Channel Partner Program

Xignite Announces Channel Partner Program to Foster Community Focused on Making Market Data Easy for Financ...

Next Article
Xignite Hires Mark Rowe as CFO – Company Poised for Rapid Growth
Xignite Hires Mark Rowe as CFO – Company Poised for Rapid Growth

Xignite announced that former Microsoft executive Mark Rowe has joined the company as its Chief Financial O...

"Cloudification of Capital Markets" On-Demand Webinar

View Now