The number of fintech businesses has grown to more than 20,000 worldwide. So what are the best and most innovative companies right now? We take a look here!

Fintech companies are growing in numbers and capabilities thanks to improvements in smartphones, internet connectivity and a host of other tech developments. According to data collected by Statista, there were around 12,500 fintech businesses worldwide in 2019, and that grew beyond 20,000 in 2020.

Icon Solutions, the specialist provider of world-class payment solutions and consultancy services, has today announced the appointment of Alastair Brown to its Board of Directors. Alastair is the second addition to Icon’s Board since securing strategic investment from J.P. Morgan, joining Sara Castelhano, EMEA Head of Payments, Digital and Solutions, J.P.

SEON, the fraud fighters, today announces the release of its report, Fraud Prevention During a Pandemic – SEON Sector Report, which delves into how fraud prevention has changed during COVID-19.

Leading provider of digital KYC onboarding technology, HooYu, today announces the launch of new UI and UX tools to increase success rates for regulated companies that perform Know-Your-Customer (KYC) checks. This comes after research from a HooYu report revealed that more than 85% of fintech and e-money providers see streamlining the effectiveness of customer onboarding as the best tactic to grow their customer numbers.[1]

Utimaco, a leading global provider of IT security solutions, announced that it has acquired MYHSM, the leading provider of Payment HSM as a Service. This acquisition will fast-forward Utimaco’s Cloud and as-a-Service offering, especially for but not limited to the Retail, Banking and Financial Services industry, and reduce customers’ need for investment in hardware, secure facilities, management, and ongoing PCI compliance, audit and support.

A new study from Juniper Research has found that the total number of QR code payment users will exceed 2.2 billion in 2025, up from 1.5 billion in 2020; equating to 29% of all mobile phone users across the world in 2025.

Neo & Partners Global, a financial technology SME serving the capital markets sector community of commodity trading advisors, family offices, fund management companies and proprietary trading firms, announces that it has been awarded the FinTech Certification by Singapore FinTech Association as a FinTech Certified Platforms provider for its award-winning Trading-Atrium.

TrueLayer, the leading technology company building financial infrastructure that’s open to everyone, has announced that Jamie Morton has joined the firm as UK Country Manager.

A highly experienced commercial manager and payments specialist, Jamie will define and manage commercial strategy in the UK, alongside Truelayer’s Chief Revenue Officer Max Emilson.

IRIS Software Group (IRIS), one of the UK’s largest software companies, is today announcing it has acquired Staffology, a UK cloud payroll application.

Red Hat, Inc., the world's leading provider of open source solutions, today announced its intent to acquire StackRox, a leader and innovator in container and Kubernetes-native security. By bringing StackRox’s powerful Kubernetes-native security capabilities to Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform, Red Hat will further its vision to deliver a single, holistic platform that enables users to build, deploy and securely run nearly any application across the entirety of the hybrid cloud.