Top Fintech Startups to Watch (and Work for) in 2023

• Ramp has 300,000+ users (~13,000 companies), processes $10 billion annually, and supports 195 countries and 40+ currencies. Customers include Deel, Faire, Quora, Waymo, Attentive, Glossier, Eight Sleep, and Betterment.

• As of August 2023, Ramp has surpassed $300 million in annualized revenue.

• As of August 2023, Ramp serves 15,000 businesses, up from 5,000 in March.

• Between March 2022 and August 2023, Ramp increased its customer base by 4x and annual purchase volume by 6x.

• As of August 2023, the average Ramp customer spends 3.5% less after joining.

• As of July 2023, Ramp’s saving insights, pricing intelligence, and expert negotiators have saved companies over $600 million and 8.5 million hours.

• Between January 2023 and July 2023, Ramp's customers with international operations increased by 2x.

• Ramp announced a partnership with Amazon Business to help streamline business purchasing and help customers save time and money.

• Modern Treasury reconciles $5 billion for its customers monthly, up from $2.8 billion in April 2022.

• Modern Treasury customers include Pipe, Settle, ClassPass, Parafin, Navan, Outdoorsy, Sana, and Wholesail.

• Modern Treasury has integrations to 30+ leading commercial banks, including Citibank, JP Morgan Chase, Silicon Valley Bank, Wells Fargo, and NetSuite.

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• As of July 2023, Brex expects to hit $500 million in annualized revenue within the next 12 months.

• As of July 2023, Brex reported over 20,000 customers, including Airbnb, Y Combinator, Carta, Classpass, Vouched, and Mutiny.

• As of July 2023, Brex manages billions of dollars in customer deposits, processes tens of billions in transactions, and is used in 100+ countries.

• In 2022, Brex increased revenue by 200%.

• In Q1 2021, Brex reported its total number of customers grew by 80%, and total monthly customers grew by 5x.

• 91% of the latest Y Combinator batch, YC S23, choose Brex.

• Stripe receives 250 million+ API requests per day. 90% of US adults have bought from businesses using Stripe. Stripe supports 135+ currencies and payment methods.

• Over one hundred Stripe customers process $1 billion every year. Stripe’s customers include Google, Shopify, Amazon, Instacart, Figma, Slack, and Zapier.

• In 2021, Stripe did $12 billion in gross revenue and was EBITA profitable.

• In 2020, Pilot booked over $3 billion in bookkeeping transactions for its customers.

• Pilot has over 1,000 customers, including Gem, CoinTracker, OpenAI, Lattice, Scale AI, and Airtable.

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• Mercury has 100K customers in 180 countries, including Linear, Lunchclub, and Sprig.

• Mercury processed $50 billion in transactions in 2022.

• Mercury added $2 billion+ in deposits and thousands of new accounts since Silicon Valley Bank fell on March 10, 2023.

• More than 5,000 companies in 25+ countries use Jeeves, including Rappi, Bitso, KAVAK, Belvo, Blueground, and Justo.

• 30% of Jeeves’ customers use multiple features on their products.

• In March 2023, Jeeves launched Jeeves Pay, the world’s first credit-backed business payments solution.

• Capitolis customers include 100+ financial institutions.

• Capitolis’ capital marketplace has transacted $76+ billion notional from over 30 investors.

• Capitolis has optimized $17+ trillion in gross notional to date.

• As of April 2023, Catch has 100,000+ users. 

• Catch customers include PacSun, Everlane, Harper Wilde, Chubbies, Good American, SoulCycle, Summer Fridays, and Dossier.

• As of May 2023, Catch reports its merchant customers are seeing +46% higher LTV, +43% faster time to repurchase, and +46% new customer retention.

• Between December 2020 and May 2021, Vise’s assets under management grew by 4x to $250 million, and client accounts grew by more than 2x.

• As of May 2023, Trade Republic has 1 million customers and 6 billion euros in assets under management.

• As of May 2023, Trade Republic has rated 4.2/5 stars on Trustpilot based on 15,218 reviews.

• Since October 2022, Trade Republic has been operational in 17 European countries, including Germany, France, Spain, Italy, and Portugal.

• Since October 2020, Trade Republic’s product offering has included 10,400 stocks and ETFs, 4,900 stock and ETF savings plans, 300,000 derivatives, and 50+ cryptos and crypto saving plans.

• As of June 2022, Middesk has 350+ customers, including Evolve Bank, GreatAmerica, Clearco, Plaid, Novo, Radius Bank, Coinbase, Spring, and Fireblocks.

• As of October 2022, Telda has 25,000 customers and a waitlist of 110,000 customers.

• As of March 2023, since launching Two in Q2 2021, Two has grown 243% quarterly and won 79% of competitive sales processes.

• As of March 2023, the largest order accepted through Two’s software was 450,000 euros, which completed checkout in 45 seconds.

• As of March 2023, Two has 175 customers, including merchants like REKKI, Eplehuset, Kandidate, Cake It Easy, Givn, and Fleek.

• As of December 2021, Razorpay has over 8 million customers, including Marrow, FreshToHome, Quikr, BreathingRoom, Zerodha, Akbar Travels, Playo, and Goalwise.

• As of December 2021, Razorpay processes $60 billion in transactions annually, up from $5 billion in transactions in 2019.

• Razorpay’s transaction volume grew 300%+ in 2020 and 2021.

• In 2020, Monzo ended the year with 77,000 business accounts.

• As of June 2022, Monzo had 430,000 Monzo Plus, Monzo Premium, and Monzo Business customers.

• In 2021, Monzo’s deposit base grew 124% from 1.4 billion euros to 3.1 billion euros. 

• As of 2022, Monzo’s deposit base grew to 4.4 billion euros.

• As of December 2021, Monzo has over 5 million UK customers.

• In Monzo’s 2022 Annual Report, they reported 100,000+ people open a Monzo account monthly, and 90% joined through word of mouth.

• As of June 2022, Monzo’s annual revenue run rate was $270 million euros.

• As of May 2023, Monzo has over 7 million users.

• As of November 2021, Alt users have stored $70 million worth of cards in the Alt Vault.

• As of September 2022, Alt’s top card sale was and 2003/2004 Lebron James Bowman Chrome Gold Refractor for $189,506.

• As of May 2023, Alt’s card valuation tool has up-to-date pricing for ten million+ cards.

• As of May 2023, Alt Lending has done over $21 million in loan originations.

• As of June 2021, GOAT did $2 billion in GMV in its last 12 months, grew 100% YoY in sneakers, and 500% YoY in apparel.

• As of June 2021, GOAT has 30 million users and 600,000 sellers.

• As of May 2023, GOAT Group (the parent company) has over 50 million users across its platforms GOAT, Grailed, Flight Club, and alias.

• As of April 2023, Evergrow has $150 million worth of clean energy projects on its platform.

• As of May 2023, Mercantile customers are primarily made up of eye care and dental companies like Isthmus EyeCare, Family Eye Care, and Compton Eye Associates.

• Airbase customers include Coda, Affinity, Fivetran, Front, Modern Treasury, Productboard, Dapper Labs, Cobalt, Docker, Netlify, and OpenAI.

• As of May 2023, Airbase is rated 4.8/5 stars based on 1,373 reviews on G2.

• Siteline customers include Bay City Mechanical, Industrial Commercial Systems, Architectural Glass & Aluminum, Vallencourt Construction Co., Washington Iron Works, and Canvas Construction. 

• As of January 2022, Pinwheel executes over 4.6 million processes monthly, a 400x increase from the previous year.

• In 2021, Pinwheel increased its annual recurring revenue by 177x over 2020.

• Pinwheel customers include VISA, Credit Karma, Cash App, Acorns, Eco, Envel, and Citizens.

• In 2022, Kiavi funded $4.4 billion of loans to 5,600 customers.

• Since its inception, Kiavia has funded $12.3 billion in loans.

• As of January 2023, Kiavi’s total issuance under its LHOME shelf is $2.75 billion.

• As of May 2022, Kiavi operates in 29 states and the District of Columbia.

• As of February 2020, Nova Credit has facilitated links between 11 countries.

• As of May 2023, Nova Credit serves individuals coming from 13 countries.

• As of May 2023, Nova Credit’s newsletter, The Arrive, has over 250,000 subscribers.

• As of May 2023, Upgrade has 2 million customers and delivered $21 billion in credit, up from $10 billion in November 2021.

• As of May 2023, Upgrade has rated 4.6/5 stars from 39,100 reviews on TrustPilot.

• As of August 2021, Uala has issued 3.5 million Uala cards, up from $1.3 million Uala cards in November 2019.

• As of May 2023, Uala has rated 2.7/5 stars from 228,000 reviews on the Google Play Store.

• As of April 2022, Toss has 22 million+ subscribers and $770 million+ in cumulative investment amount.

• In 2020, TaxBit issued 2 million tax forms and, as of August 2021, was on pace to issue 50 million tax forms for 2021.

• TaxBit customers include companies like Uphold, BlockFi, Gemini, and Prime Trust.

• As of May 2023, Tala has 6 million+ customers, disbursed $2.7 billion to entrepreneurs, and operates in 4 countries (Mexico, India, Philippines, Kenya).

• As of April 2022, Stark Bank has 300+ customers, including Loft, Isaac, Ingresse, Kovi, Daki, and Buser.

• As of November 2021, Settle surpassed 500 customers, including Lalo, Snibbs, Bare & Bones, Thousand Fell, Jiant, Italic, Ghia, Branch, HigherDOSE, Starface, and Ceremonia.

• As of November 2021, Settle has increased its revenue 20x over the previous year.

• As of May 2023, Teya has 300,000+ customers, 500 million+ annual transactions, and operates in 16 countries.

• As of May 2023, Revolut has 28 million+ customers, 500,000+ business customers, supports 200+ countries and regions, and supports 28 in-app currencies.

• As of May 2023, Revolut has rated 4.7/5 stars from 35.1K ratings on the Apple App Store and 4.5/5 stars from 2.29 million ratings on the Google Play Store.

• As of July 2021, Revolut has 16 million+ customers and processes 150 million monthly transactions across its products.

• In 2020, Revolut reached 14.5 million customers.

• In 2019, Revolut surpassed 10 million customers.

• As of January 2021, Relay reported 150,000 monthly transactions and $300 million in volume annually. 

• As of May 2023, Relay has 300,000+ users, including drivers and carriers from companies like Travis Trucking, Dagget Truck Line, and LaPlace Travel Center.

• As of March 2023, Raisin reported 1 million+ customers, 38 billion euros in assets under management, and earned over $850 million for customers globally.

• As of May 2023, Raisin serves 30+ markets and has 400+ bank partnerships.

• As of May 2023, Plaid’s API network powers 7,000+ apps and services and connects to 12,000+ financial institutions.

• As of December 2020, Plaid’s annualized revenue rate reached ~$170 million.

• In 2017, PhonePe crossed 10 million app downloads and hit 1 million daily transactions.

• In 2018, PhonePe surpassed 1 billion transactions.

• In 2020, PhonePe surpassed 2 billion transactions and 250 million users.

• As of May 2023, PhonePe has 460 million users and is accepted at 35 million stores in India.

• As of May 2023, PhonePe has rated 4.7/5 stars from 4.4 million reviews on the Apple App Store.

• As of August 2022, Parafin powers companies with $100 billion+ in payments volume (up from $60 billion in September 2021) and companies that serve 700,000+ customers.

• In Q2 2022, Parafin reported its quarterly run rate grew by 87%, and total financing volume grew by 77%.

• As of August 2021, ONE has collectively helped users save $2 million.

• As of August 2021, ONE has 100,000+ customers.

• As of May 2021, Onze has 15 customers.

• As of May 2023, Onze has 150+ investment funds for pension portfolio construction in Brazil.

• NYDIG has partnered with the New York Yankees, GetPayroll, Deloitte, CSI Partners, Bottlepay, Jack Henry, and STAR Bank.

• As of December 2022, Moneyview is disbursing ~$1.2 billion in loans on an annualized basis and managing $800 million.

• In 2022, Juniper Square reported a 4x growth in assets under management and a 2.5x growth in its customer base.

• As of May 2023, Juniper Square has 1,800 GPs, 500,000 investor accounts, 32,000 investment entities managed, and $700 billion in investor equity.

• As of September 2021, Jetty has seen an average of 193% YoY growth in contracted units since launching in 2017.

• As of September 2021, Jetty has agreements with property owners and managers with 2.2 million rental units.

• In 2020, Habito surpassed 4 billion euros in mortgages, up from 2 billion euros in 2019, 1 billion euros in 2018, and 361 million euros in 2017.

• As of May 2023, Habito has a 4.8/5 rating from 8,027 reviews on Trustpilot.

• As of May 2023, Groww has 40 million customers, up from 20 million in October 2021.

• As of October 2019, Gorila has 40,000 users, and $1.2 billion has moved through its platform.

• As of May 2023, $38,520,770,560 assets depend on Gauntlet.

• Gauntlet customers include Aave, Celo, ApeSwap, Immutable, Venus, Moonwell, BENQI, and Sushiswap.

• From March 2021 to March 2022, Gauntlet reported 20x revenue growth.

• As of May 2023, 10,434 total trades have been made on the platform worth $4,200,368,117 in all-time trade volume.

• As of February 2022, Figure has 60,000+ members across the United States and provided $5 billion in funding for members.

• As of May 2023, Figure has a 4.4/5 star rating from 2,151 reviews on Trustpilot.

• As of May 2023, epiFi has 2 million+ users, up from 1 million in February 2022.

• As of January 2021, EarnIn claims 49% of users can cover an emergency of $400 since using EarnIn, 73% can budget better and more effectively with EarnIn, and 66% can now pay bills on time with the help of EarnIn.

• As of December 2018, EarnIn had 1 million+ downloads and was used by employees at 50,000 companies.

• As of May 2023, EarnIn has rated 4.7/5 stars from 245.8K ratings on the Apple App Store and 4.6/5 stars from 207K ratings on the Google Play Store.

• As of May 2023, Cred has 9 million+ users.

• As of May 2023, Cred has rated 4.8/5 stars from 329K ratings on the Apple App Store and 4.4/5 stars from 14.9 million ratings on the Google Play Store.

• As of May 2023, Cora has 500,000+ customers, up from 120,000+ in August 2021.

• Between October 2020 and August 2021, Cora has grown its customer base by 40% monthly and revenue by nearly 60% monthly.

• In September 2022, Clip closed a 3-year unsecured revolving credit facility from Morgan Stanley, JP Morgan, and HSBC.

• As of May 2023, Axio has served 15 million customers, 7.5 million credit customers (up from 5.5 million credit customers in September 2022), and reports 3,000 merchants enabled.

• From September 2021 to September 2022, Axio reported a 200% growth in its consumer credit business.

• In 2021, Checkout surpassed $3 billion in payments processed.

• Checkout customers include Alibaba, MoonPay, Patreon, Binance, Netflix, Farfetch, Grab, ShopBack, Curve, Coinhako, TransferGo, and Dott.

• In 2020, BharatPe reported 5x growth in its payment business and 10x growth in its lending business.

• In August 2021, BharatPe had 650 million+ users, up from 600 million+ users in February 2021.

• In 2022, Balance reported an increase in total volume processed by 60x (502%), increased its customer base by 123%, increased financed transaction value by 407%, and increased the number of distinct buyers purchasing from Balance customers by 266%.

• As of May 2023, Atlantic Money has rated 4.8/5 stars from 83 ratings on the Apple App Store and 4.9/5 stars from 81 reviews on the Google Play Store.

• Arta recruited the top 10 largest private equity funds for its product.

• Between October 2021 and October 2022, Ajaib’s user base grew by 100%.

• As of May 2023, Ajaib has two million+ users.

• From 2019-2021, Tesorio reported three straight years of triple-digit revenue growth.

• As of May 2023, Tesorio claims a 33-day average days sales outstanding reduction, 3x collections productivity increase, and $200 million unlocked from balance sheets for Tesorio customers in the first 12 months.

• Tesorio customers include Bank of America, Box, Domo, Couchbase, BlueJeans, Highspot, Veeva, and Smartsheet.

• Between February 2021 and February 2022, Promise reported a 32x increase in revenue and a 45x increase in its customer base.

• Promise customers include the Louisville Water Company, the City of Jackson, Missouri, the Louisville and Jefferson County Metropolitan Sewer District, and Chesterfield County.

• As of June 2023, Truv has 100+ customers, including GoodHire, ClearChecks, Xactus, FormFree, First Advantage, and MRI Software.

• As of June 2023, Truv has data on 150 million+ US employees, up from 120 million+ in March 2022, and 12,800 unique integrations.

• As of March 2022, Truv has 96% coverage of Fortune 1000 companies, 95% coverage of Federal Government employees, 83% coverage of the largest US private organizations, 50+ integrations with payroll providers, and 9,200 direct integrations with employers (10x the industry average).

• In 2022, Truv did three million+ successful transactions.

• In 2022, Truv reported 300% growth over the previous year.

• As of June 2023, Tally claims its technology saves members $4,300 in credit card debt in 7 years.

• As of June 2023, Tally has a 4.2/5 star rating from 2,481 reviews on Trustpilot.

• As of October 2022, Tally has paid more than $1 billion in credit card debt for its members.

• As of June 2023, Imprint reports a 96% application completion rate (vs. 60% industry average), 93% average offer acceptance rate (vs. 82% industry average), and 85% average activated spenders (vs. 75% industry average).

• As of June 2023, Imprint can help brands develop, implement, and launch a new card program in  ~3 months.

• As of November 2021, Imprint claims brands save between 60% to 90% of the cost of processing a payment.

• As of September 2023, Moment is rolling out its suite of fixed income API to 220 broker-dealer clients representing $120 billion in assets.