Top Fintech Startups In 2019

Like any other market, startups come and go. Some great ideas do not see the light of day due to cut-through competition and lack of funds, among other challenges. However, with global funding for financial technology (fintech) startups hitting more than $30 billion (around €27 billion) in 2018, it’s clear that investors are buying into the ideas behind these businesses. Additionally, other regions such as Africa and South America are dipping into the new wave. Some notable rising stars include Anorak, SoFi, Brex, Stash and Inamo. So, what’s the craze about Fintech?

Fintech involves using technology to come up with new and improved financial models. This is through the use of algorithms, apps, analytics, and APIs to influence how financial operations are done. So, the best Fintech startups in 2019 devote their time in creating structures that help companies and consumers to improve how they manage financial processes and operations. They employ analytics to study data and use the insights to develop special software that can help financial providers improve service delivery. Also, Fintech involves the automation of repetitive banking tasks and can improve how consumers access financial services.


By the end of July 2019, Raisin had amassed funding of €195 million, showing that this isn’t just one of the best startups but also among the fastest-growing Fintechs around. This German-based deposit and saving marketplace is revolutionizing how banking is done. Their goal is to offer customers the best rates on their savings. Customers need to sign up online and can compare various deposit accounts and their performances before selecting which account they want to put their money. Their services are now available for customers around Europe.


This London-based startup has created a developer platform that enables Fintech companies to gain easy access to bank APIs. The simple bank API enables two main functions: access data from the user’s account and initiate instant payments. Through this platform, it’s easy to do account verification, complete KYC processes, check transactional data and credit score. Banks can also use TrueLayer’s platform to make low-cost and secure payments. This platform is now available in several European countries, with a plan to serve more markets in the future.