The FinTech50 2020 – This Year’s 50 European Fintech Companies ‘to Watch’

FinTech StartUps
17.09.2020 08:52 am

The FinTech50, the first list in the world to recognise innovative European Fintechs, has announced the 50 companies named to its 2020 list. Leaders from Silicon Valley Bank, Accel, Mastercard, Augmentum Fintech, Schroders, Xero and Commerzbank selected this year’s 50 from over 2000 European companies.

The 2020 50 features established brands, alongside 19 companies new to the list who reflect this year’s focus on innovation that is relevant at this time to people, business and financial services.

Identity, payments, open-banking, banking-as-a-service emerge, unsurprisingly, as hot spaces, alongside innovation that makes business easier (and finance available) at a challenging time for SMEs. In addition, alternative investing, pensions and savings, services that save consumers money on existing credit (rather than selling it at point of sale), the emerging data economy, sustainable finance, and making shareholder voices heard all feature.

This year’s list is in three parts: The Top Ten, The FinTech50, and The Hot Ten, which recognises early-stage companies. This is to add nuance, rather than bundle together companies still in beta with those who have developed a global client base under one umbrella called ‘Fintech’.

Listed this year are (*listed for the first time):

The FinTech50 2020 – Top Ten

1. Onfido
2. Checkout.com*
3. Tink
4. Revolut
5. Raisin
6. OakNorth
7. WeFox
8. Thought Machine
9. Solarisbank
10 Comply Advantage

The Hot Ten 2020