I have loved airs that die Before their charm is writ Along a liquid sky Trembling to welcome it. Notes, that with pulse of fire Proclaim the spirit's desire, Then die, and are nowhere My song be like an air!.
Die, song, die like a breath, And wither as a bloom; Fear not a flowery death, Dread not an airy tomb! Fly with delight, fly hence! 'Twas thine love's tender sense To feast; now on thy bier Beauty shall shed a tear.
- Robert Bridges
In 1860, a device called Pantelegraph was invented by Giovanni Caselli. This device would later become one of the financial institutions’ earliest forms of technology. In 1866, commercial banks and other institutions transmitted handwriting, signatures, and drawings over telegraph lines. This is why the 19th century is the beginning of the Fintech revolution. There are about 10,755 Fintech (Financial Technology) startups in America as of November 2021, and there are four categories of Fintech: digital lending, digital payment, blockchain, and digital wealth management. Here are some of the top Fintech Brands in the U.S today;
PayPal Holdings, inc., is a Fintech company formed in December 1998 as CoFinity by Peter Thiel, Luke Model, and Max Levchin. It developed security software for hand-held devices before switching to an electronic payment system in 1999 as a digital wallet. Its headquarters is in California.
Stripe, inc. is an Irish-American company that provides payment processing software and Application Programming Interfaces (APIs) for e-commerce websites and mobile applications. They also offer loans and credit cards to businesses in the U.S. They also branched into publishing and Stripe press to promote ideas supporting innovation. With a total revenue and assets reaching 95 billion dollars, Stripe is the leading company in the Fintech industry.
Robinhood markets, inc. is a Fintech company that offers financial services, focusing on stocks and exchange-traded funds. It was founded in April 2013 by Vladimir Tenev and Baiju Bhatt. They run commission-free trades. The company’s mission is to provide everyone with access to financial markets, not just the wealthy hence, the name ROBINHOOD.
Chimes financial, inc. is an American financial technology company founded in 2013 by Chris Bratt and Ryan King in San Francisco, California. Chimes offer fee-free banking products. With an impressive rating on Google Play and App Store, the chime app is regarded by customers as unique. Chime values its users, which is why account opening is accessible. They offer 24/7 customer service etc.
SoFi Technologies inc. It is an American online personal finance company and online bank based in San Francisco. It was founded in August 2011 by Mike Cagney, Dan Macklin, James Finnigan, and Ian Brady. They provide financial products like student and auto loan refinancing, credit cards, mortgages, personal loans, investing, and banking through their platforms which include a mobile app and desktop interfaces.
GoodLeap brings innovation into Financial technology, and they provide loans to build sustainable homes. It provides financing options for homeowners who intend to install solar energy. The company was founded in 2003 as Paramount equity and later rebranded to Loanpal. June 2021, the company rebranded to GoodLeap. 2020, it was already recognized as 41% of the solar loan market in the U.S.
Ripple Labs inc. Developed the Ripple payment network and exchange network. It is a blockchain Fintech company founded in 2012 and called Opencoin initially. The company is the brains behind the cryptocurrency XRP. In January 2016, Ripple was at no.8 on the list of 100 most influential blockchain organizations in June of the same year. Ripple was listed as one of the five hottest companies in the Fintech industry.
Plaid is a Fintech company that provides financial services; It builds a data transfer network that powers Fintech and digital finance Products. Their product enables applications to connect with a user’s bank account, i.e., Customers and business owners can interact with their bank accounts and check balances and make payments through different financial tech applications. They also offer APIs for free to developers. It operates in seven countries. Its headquarter is in San Francisco, California.
This is another blockchain Fintech company, and they provide a platform for exchanging financial information without sharing data. Financial institutions and consumers can use its product due to its data security.
Brex inc., Provides financial services to technology companies. It is an American-based company that Brazilians founded; they provide business cards and cash management. It was founded in 2017 and is also one of the fastest-rising Fintech startups in the U.S. Although it is uncertain whether its credit card lineup will ever be able to compete with those of the big banks, its cards are alluring because of a good rewards program.
This is the most prominent non-fungible token marketplace in the crypto space. The NFTs on this marketplace are sold directly at a fixed price or auction based on the Ethereum ERC- 721 networks. The company was founded in 2017 by Devin Finzer and Alex Atalla.
This company offers financial services, and it is an online remittance. The company’s technology is used in 17 countries with about 75 currencies. It allows Its users to receive funds. You can send that money home with Remitly thanks to its reasonable costs. Competitive rates and transparency work to your advantage.