This article showcases our top picks for the best United Kingdom based Finance companies. These startups and companies are taking a variety of approaches to innovating the Finance industry, but are all exceptional startups and companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top United Kingdom Finance Companies
Crowdcube is an equity crowdfunding platform for entrepreneurs of start-ups and growing businesses. Crowdcube enables individuals to invest or loan in small companies in return for equity or an annual return.
As an investment crowdfunding platform, Crowdcube enables entrepreneurs to raise finance with the added benefit of being backed by the crowd. For investors, Crowdcube provides a way to handpick a stake in an innovative business that traditionally would have been restricted to corporate investors.
Since Crowdcube first pioneered equity crowdfunding in 2011, a total of £300m has been invested through the platform from a crowd of over 390,000 investors, with more than £230m successfully invested in 520 raises. Businesses like the challenger bank Monzo, which raised £1 million in a record-breaking 96 seconds, as well as household brand names such as River Cottage and the Eden Project along with venture capital-backed businesses such as JustPark, eMoov and Sugru have all successfully raised growth funding from the crowd..
Draper Esprit is a venture capital firms in Europe, developing and investing in disruptive, high-growth technology companies. They believe the best entrepreneurs in Europe are capable of building the global businesses of the future.
The company fuels its growth with long-term capital, access to international networks, and decades of experience building businesses. They back ambitious teams including Revolut, Trustpilot, Graze, Ledger, Transferwise, and Graphcore.
In order to provide entrepreneurs with a more flexible approach to funding and to back them for longer, they re-invented the traditional venture capital by ourselves going public in 2016.. .
Railsbank is an open banking API and a banking-as-a-service platform that gives regulated and un-regulated companies access to global banking. The platform provides fintech companies with a range of wholesale banking services, including IBANs, receiving money, sending money, converting money, direct debit, issuing cards, and managing credit through APIs.
It also enables marketers, product managers, and developers to take their financial product prototype, launch, and scale their vision using its open finance platform, financial operations, regulatory licensing, and rich set of APIs. Railsbank was founded in 2015 by Nigel Verdon and Clive Mitchell and is based in London, England..
TradingView is the world’s most popular network of traders and investors – powered by real-time data and market-leading analysis software. It’s a word-of-mouth success story: from TechStars in Chicago in 2013, to over 15 million monthly active site users and over 40,000 publishers, brokerages, and fintechs utilizing its investing tools.
TradingView is a global team of over 200+, founded by Stan Bokov, Denis Globa and Constantin Ivanov. In 2018 TradingView completed a $37 million Series B round led by Insight Partners, and in 2019 they acquired TradeIT in order to accelerate the company’s existing vision..
Starling Bank provides a mobile banking application and a debit card that enable users to manage their finances. Its application allows users to send money to their friends, save together for trips, and have total control at their fingertips.
Anne Boden founded Starling FS in 2014 that became Starling Bank in July 2016. It has its headquarters in London in the United Kingdom..
Pockit is a fintech business that focuses on providing financial services primarily to customers who are typically excluded or at least underserved by high street banks. It provides a digital banking app designed to cater to the underbanked masses.
An account with Pockit takes just two minutes to open and comes with an online account, contactless MasterCard, and mobile app. There are no credit checks, just an online form, and a one-off payment of 99p.
Account-holders can have their salary, benefits, or pension paid in via bank transfer, or with cash at any of the 30,000 PayPoint locations across the UK. The company was founded in 2012 and is headquartered in London, England..
Seedrs is the leading online platform for investing in the equity of startups and other growth companies in Europe and has been named the most active investor in private companies in the UK. Seedr allows all types of investors invest in businesses they believe in and share in their success and allow all types of growth-focused businesses raise capital and business community in the process.
The company do all of this through a simple, highly professional, online process that protects and empowers investors while helping businesses grow and generate returns. .
WorldRemit is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet. It is a convenient, low-cost alternative to traditional money transfer companies that use high street agents and charge high fees.
Money can be received as a bank deposit, cash pick-up, Mobile Money, or mobile airtime top-up. WorldRemit’s service is available to senders in 50 countries.
They offer transfers to more than 140+ destinations across Europe, Asia, Africa, Australia, and the Americas.. .
When Funding Circle was founded, they could see that businesses weren’t being given the finance to grow, while investors were making poor returns. They had a simple idea — let them support each other.
By lending directly to businesses through Funding Circle, investors can now earn attractive returns to better provide for their future. Businesses get fast, easy access to funding to grow, create jobs, support local communities and drive the economy forward.
They believe it’s better for everyone.. .
Using simplicity and humour, Cleo has helped 4 million people improve their relationship with money. But she’s not a bank.
She’s a platform for the 99% – an AI assistant defining a new category, one that goes beyond saving and budgets to actually changing how people feel about finances. Through chat, she provides users with deep insight about money, while suggesting personalised financial products that increase the ability to save.
That said, it’s really our tone of voice that makes us special. Cleo is a product for the next generation – meeting users where they are and building the type of relationship they expect.
That also means dropping the BS.. .
Modulr is a fintech company that provides Payments as a Service API for digital businesses.. It enables users to automate payment flows, embed payments into the platform, and build new payment products and services themselves from a single API.
Modulr has direct access to the Bank of England and claims to facilitate a fast experience that digital customers demand. The company was founded in 2015 and is headquartered in London, England..
The next-generation credit platform that’s redefining business borrowing for the “Missing Middle” – the growth businesses who are the backbones of communities and economies globally but who have been in banking’s blind spot for decades. The platform leverages machine learning, decades of credit expertise and massive data sets (including unconventional and previously unavailable data) to model a forward-looking view of a borrower’s financial situation, that’s informed by industry benchmarks, macroeconomic drivers, and scenario analysis specific to that business.
It currently has over $17bn of assets under service. What this means for OakNorth’s commercial banking clients: • The way borrowing should be – loans that are customised for the borrower’s individual needs and completed in days or weeks vs months, leading to accelerated revenue and business growth • More attractive economics & scaled growth – origination and credit teams who can transact several times more deals per year • Insight and foresight without the noise – larger data sets and deeper analysis enable more informed credit decisions and proactive portfolio monitoring delivers better credit outcomes Since its inception, OakNorth has secured over $1bn from leading investors, including: Clermont Group, Coltrane, EDBI of Singapore, GIC, Indiabulls, NIBC, Toscafund, and SoftBank.
Rishi Khosla and Joel Perlman founded OakNorth in 2015 to address the challenges they faced in securing debt finance from high street banks for their previous business, Copal Amba (which scaled to c.3,000 employees and was acquired by Moody’s Corporation in 2014).. .
TrueLayer provides a platform to build financial apps that connect to bank data, verify accounts, and access transactions in real-time. The SAAS platform uses its toolkit to develop consumer and server message block (SMB) applications in the areas of payments, online lending, personal financial management (PFM), robot-advisors, insurance, investment services, p2p marketplaces, and cryptocurrencies.
It aims to grow the open banking economy by creating a platform for companies to develop new financial services and products. Francesco Simoneschi and Luca Martinetti established TrueLayer in 2016 and is based in London, England..
Zopa is a P2P money lending service that allows lenders and borrowers to deal directly with one another, cutting out the banks who act as middlemen. Zopa works in the following way: the company first categorizes borrower credit grades with an A*, A, B, C or Y rating; then lenders make offers that vary by money amount and time period for persons with a certain credit grade, and borrowers can then agree the aggregate offered rate.
Zopa takes on such responsibilities as distributing money between parties, completing the legal paperwork, performing borrower identity/credit checks, and employing a collections agency that chases missed payments for the lender. Zopa also mitigates risk for lenders by enforcing monthly direct debit repayment, making borrowers sign a legal contract, and allowing lenders to lend small chunks of money to individual borrowers (i.e.
someone lending Â£1000 would have their money spread across say, 100 borrowers). The company itself makes money by charging a fixed fee for borrowers and a 1% annual fee for lenders.
Zopa has received public acclaim as well, having been awarded CNET Technology Awards’ 2006 Internet Innovation of the Year, the 2007 Webby Award for Best Banking/Bill-Paying Website, the 2008 Webby Award for Financial Services, the Banker 2007 Award for Best Internet Project and Moneywise 2009 Awards for Best Customer Service and Best Personal Loan. One of the three initial members of the UK’s Peer-to-Peer Finance Association, together with FundingCircle and RateSetter.
Other P2P lending services include [Lending Club](http://www.crunchbase.com/organization/LendingClub), [Prosper](http://www.crunchbase.com/organization/Prosper), and [Kiva](http://www.crunchbase.com/organization/Kiva).. .
LANDBAY – The full-stack mortgage lender. Landbay facilitates retail, institutional and local government ifnvestment into UK residential mortgages.
They direct-match funding to diversified portfolios via their platform, supporting the growth of quality private rental accommodation throughout England and Wales. Landbay mortgages are originated through a network of accredited intermediaries and via strategic partnerships, including Zoopla Property Group.
Fully authorised and regulated by the FCA. No FSCS.
Capital at risk.. .
Ebury is a financial services company designed to empower small and medium-sized businesses that want to trade internationally. With Ebury’s integrated financial services and technology, small and mid-size companies can make and receive payments in foreign currencies, enjoy better exchange rates, use emerging-market currencies, hedge currency risk, benefit from liquidity, and finance transactions in more than 100 currencies, easily with a managed service.
In addition, its white-label products are offered via brokers and accountants. Ebury is a growing financial services companies, employing more than 170 people across offices in London, Madrid, and Amsterdam.
Its clients include more than 3,000 mid-size companies. It is regulated by the Financial Conduct Authority..
Nutmeg is changing the way people manage their money. Specializing in investments, ISAs and pensions, Nutmeg’s online investment management service is intelligent, straightforward and fair.
It is the first wealth manager with a 6 year performance track record in the UK. Founded in 2011, the company is based in London, UK..
MarketFinance is a business finance company with offices in London and Manchester. The online platform enables businesses to access a range of flexible finance solutions — quickly and easily.
This smart technology is backed by help from real people so business owners can save time and focus on growing their business. Since 2011, MarketFinance has advanced over £2.6 billion to companies across a range of sizes and sectors, providing working capital and finance for everything from paying staff and suppliers to launching new products or services and accelerating growth.
MarketFinance is backed by Barclays, Santander InnoVentures, European venture capital fund Northzone (invested in Klarna, iZettle, and Trustpilot), private equity group MCI Capital (also invested in iZettle, Azimo, and Gett), and Viola Credit.. .
G4S is the world’s leading international security solutions group. They specialise in outsourced business processes in sectors where security and safety risks are considered a strategic threat.
G4S has a truly global business with large established market positions in developed markets and outstanding positions in fast growing emerging markets G4S has a unique global footprint with operations in over 110 countries, including a strong presence in higher growth developing markets. G4S employ 623,000 people world-wide, and are the largest security solutions provider in the world.
Whether you require a security solution in one location or across multiple continents, their global experience is always on hand to bring you advantages.. .
Zego is a commercial auto and ‘New Mobility’ insurance provider, powering opportunities for modern business by saving time and money. The problem with traditional insurance is that it holds businesses back but they have to have it.
It’s time consuming and too expensive. Both limit the opportunity for businesses to reach their full potential..
TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees. Through the company, migrants have the ability to transfer money overseas with the help of a digital account-to-account business model.
As it is a licensed and authorized payment institution controlled by the FCA under the supervision of HMRC, the company is considered as a secure way of transferring money. Since it removes the costs of international transfers, TransferGo is a fit for businesses to pay their suppliers.
It charges a fixed fee for transferring money as well as a 0.6% to 1.5% fee for the currency conversion per transaction.. .
Atomico is an international investment firm that focuses on helping disruptive technology companies scale globally. It partners with technology founders at Series A and beyond with a particular focus on Europe, leveraging deep operational experience to supercharge their growth.
The company’s team of founders, investors, and operational leaders have been responsible for global expansion, hiring, and marketing at companies from Skype, Google, and Twitter to Uber and Spotify. It specializes in seed, startup, Series A, early venture, mid venture, late venture, emerging growth, and growth capital investments.
Atomico was founded in 2006 and is headquartered in London, England.. .
Iwoca provides small business credit finance services in the United Kingdom. It offers finance for businesses for various purposes ranging from bridging short-term cashflow gaps to investing in stock opportunities.
It serves retailers, restaurants, hotels, service providers, and more. Christoph Rieche and James Dear founded iwoca on October 1, 2011.
iwoca’s headquarters is located in London in the United Kingdom.. .
PaySend is a financial technology platform that solves the universal problem to securely enable any bank card (Visa or MasterCard) to send and receive money worldwide. It is a next generation money transfer platform allowing its users to send funds from card to card from 40 to over 60 countries.
PaySend is a trading name of PaySend plc, registered in Scotland, United Kingdom. Company number 376020.
Founded in 2015, the company is headquartered in London, England, United Kingdom.. .
Barclays PLC is a global financial services company that provides various financial products and services worldwide. It is engaged in retail banking, credit cards, corporate and investment banking, and wealth management with an extensive international presence in Europe, the Americas, Africa, and Asia.
The company offers current accounts, savings products, Woolwich-branded mortgages, unsecured loans, general insurance, and banking and money transmission services to small- and medium-sized businesses; investment and insurance products; business lending services; bank assurance solutions; and retail, credit and debit card, and corporate services. It also offers international payments services for consumer and business customers, including credit cards and consumer lending services; investment banking services comprising strategic advisory, financing, and risk management services to large corporate, government, and institutional clients; integrated corporate banking solutions, including cash management, lending, and trade financing services to corporate and financial institutions as well as multinationals; and a range of wealth and investment management services such as international and private banking, investment management, fiduciary, and brokerage services.
With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs more than 147,500 people. Barclays moves, lends, invests, and protects money of more than 48 million customers and clients worldwide.
The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985. It was founded in 1896 and is headquartered in London, United Kingdom..
PrimaryBid is a technology platform that allows everyday investors fair access to public companies raising capital. PrimaryBid always ensures that retail investors transact at the same time and at the same price as institutional investors.
Through PrimaryBid’s long-term agreement with the London Stock Exchange, the company has created the infrastructure to seamlessly connect everyday investors with public companies when it matters most.. .
Monese is a digital banking alternative that provides mobile-only, multi-currency accounts in 31 countries across the European Economic Area, for those who are underserved by the traditional banking system. It was launched in 2015 by Norris Koppel, after his first-hand experience of the hassle involved with opening a bank account in a new country.
With a fully-featured and fully localised banking experience (both its apps and its customer service are available in 14 languages), Monese allows people and businesses to spend and save like locals across Europe. Its proprietary “Know Your Customer” technology can validate a customer’s identity in real-time, allowing accounts to be opened in a matter of minutes, from a mobile app..
Everledger is a global technology enterprise specializing in addressing real-world economic, environmental and societal challenges through their solutions that create ecosystems of trust. It is an ecosystem of trust is where all stakeholders within a network, are able to collaborate through a trusted data protocol.
This trust is created through the ability to transparently trace and manage assets throughout their lifetime journey, across different touchpoints within the ecosystem. The company’s breakthrough solutions harness the latest in emerging technologies including smart contracts, machine vision, and IoT, together with their proven and scalable blockchain-enabled platform.
They combine a rich forensic approach to identify and track asset provenance to provide confidence in the transparency driven across global supply chains. This brings disparate stakeholders together with the trust that has been built.
Everledger is independently committed to being the most advanced in deploying scalable solutions for its clients’ needs today while having the freedom to lead with breakthrough solutions that tackle the challenges they face.. .
Jaja is a fintech company that provides digital and physical credit cards and other financing services. It operates an online finance platform offering digitally-led products with a focus on simplicity, functionality, service, and security.
Its offering includes a digital wallet and its accompanying card, foreign currency exchange services, as well as near-instant credit decisions leveraging AI. The company was founded in 2015 by three Norwegian entrepreneurs Per Elvebakk, Jostein Svendsen, and Kyrre Riksen with a mission to shake up the British credit card market..
Nationwide Building Society
Nationwide Building Society is a British mutual financial institution and the largest building society in the UK. It has its headquarters in Swindon, with an office in Threadneedle Street, London, and with administration centres based in Bournemouth, Northampton and Dunfermline.
Nationwide’s origins lie in the Provident Union Building Society (Wiltshire, 1846), the Northampton Town & County Freehold Land Society (Northampton 1848), and within the co-operative movement in London (1884). Following numerous mergers – most importantly the merger with Anglia Building Society in 1987 and the Portman Building Society in 2007, Nationwide is the now the world’s largest mutual financial institution, the UK’s third largest mortgage lender, and one of the UK’s largest savings providers..
Reformers at heart, Greensill challenges the status quo by working to make global finance fairer and levelling the playing field for all businesses and people alike. The company unlocks capital so the world can put it to work.
Founded in 2011, Greensill is headquartered in London with offices in New York, Frankfurt, Chicago, Miami, Singapore, Sao Paulo, Mexico City, Johannesburg, Sydney, Warrington and Bundaberg. Greensill provides innovative financing solutions to customers across Europe, North America, Latin America, Middle East, Africa, and Asia – injecting more than $150 billion of financing in 2019 to more than 8 million customers and suppliers across more than 175 countries..
Bought By Many
Bought By Many is the multi-award-winning pet insurance provider that is disrupting insurance distribution. They do this by analysing anonymised internet search data and customer research to identify unmet consumer needs for insurance.
Key company milestones are as follows: o 2012: Launched boughtbymany.com. Completed seed funding round.
o 2013: Named Insurance Website of the Year. o 2014: Identified by Boston Consulting Group & Morgan Stanley as the global exemplar of innovation in insurance distribution.
Awarded Best Use of Mobile Technology at the Digital Insurance Awards. o 2015: Surpassed 100,000 members.
Launched SaaS platform in China in partnership with Ping An Insurance. Completed second funding round.
Became directly regulated by the FCA. Acquired Brooks Braithwaite (Sussex) Ltd – the UK’s leading provider of insurance for exotic pets and pet businesses.
LATOKEN is a platform for assets tokenization and trading that focuses on liquidity for new tokens. It has recently entered CoinMarketCap’s Top 50 by trading volume.
Our mission is to make capital markets and trading available 24/7 T+0, with a broader range of asset classes. We aim to facilitate capital reallocation into promising businesses, which will foster job creation via higher productivity.
Major crypto pairs and ICO tokens are already available for trading on our exchange. Now we’re working on acquiring all the necessary licenses for launching a full-scale trading of asset tokens.
Key features of LATOKEN Exchange: ✅ Top 50 by daily trading volume ✅ 110+ crypto pairs available for trading ✅ Access to Token Sales at presale and crowdsale stages ✅ 80,000+ registered traders ✅ Low trading and withdrawal fees ✅ Instant exchange (LA DIRECT) ✅ Crypto/fiat gateway ✅ New trading pairs added every week ✍️ Looking for a job? Check our current job openings here or send us your CV at [email protected] .
Plum Fintech is a developer of personal savings assistant solutions for customers. It offers Plum that monitors the daily spending and automatically sets money aside that the user won’t need; analyzes the account to learn about the income, expenses, and spending patterns, monitors the current account and every few days transfers some money from it to the user’s Plum savings, and notifies the users about their balance.
Alex Michael and Victor Trokoudes founded Plum Fintech on February 1, 2016. It has its headquarters in London in the United Kingdom..
Trussle is a free online mortgage broker that’s making mortgages fairer for everyone. Trussle has taken the mortgage process online, removing the time, hassle and costs involved in securing a mortgage.
Trussle is completely free for customers and receives a fee from the lender once the mortgage was completed. Trussle is a trading style of Trussle Lab Ltd, which is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which is authorized and regulated by the Financial Conduct Authority..
HSBC is one of the banking and financial services organisations in the world. HSBC’s international network comprises around 8,000 offices in 87 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.
With listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by around 220,000 shareholders in 119 countries and territories. The shares are traded on the New York Stock Exchange in the form of American Depositary Receipts.
Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.. .
Uncapped is a provider of revenue-based financing that enables founders to raise growth capital without interest or equity. It charges a flat fee of 6% on the capital provided and gets repaid through a revenue share.
Uncapped provides business advances of between £10k and £2m with 0% interest and no hidden charges, allowing founders to access fair and flexible finance. The company also uses marketing, sales, and accounting data to be able to offer finance for young businesses based on their current and projected revenue.
The company was founded in 2019 by entrepreneur Asher Ismail and venture capital investor Piotr Pisarz in London, England.. .
Glint is a FinTech company making gold an alternative global currency by enabling its clients to save, exchange, spend and send multiple currencies including physical gold. It democratizes gold and makes it easy to cost effectively buy, sell, share and a viable option to spend.
It provides multi-currency wallets, currency exchange, peer-to-peer payments and for the first time the ability to instantly spend gold via the Glint Mastercard anywhere in the world Mastercard is accepted. Glint’s transactional gold currency account offers users the ultimate form of money, insulating them from the destructive effects of inflation and protecting them from the systemic risk of future global financial crisis.
Apart from gold, a Glint account also enables clients to buy, exchange, save, and spend multiple currencies such as USD, GBP, and EUR. It gives clients more control in the way they save, exchange, and spend money..
The Access Group
The Access Group is a software consultancy and developer company that provides fully integrated business management software. Its portfolio spans ERP, finance, HR, Payroll, recruitment, warehousing, business intelligence, professional service automation, and manufacturing.
More than 10,000 UK businesses and not-for-profit organizations use products and services provided by Access to improve their performance, profitability and drive growth, unlocking their business potential through improved business insight. Access Group has received M&A Awards: Buyout of the Year – 2011, SIFT Media Software Satisfaction Awards 2010: Enterprise Accounting & Finance award, Accountancy Age Awards 2010 – Software Package of the Year, SIFT Media Software Satisfaction Awards 2010: SME Human Resources & Human Capital Management award, Construction Computing Awards: Construction Accounting Software of the Year 2010, and Green IT Awards 2010.
Access Group was founded in 1991 and is headquartered in London, UK.. .
Chip Financial is an automatic savings application designed to simplify and automate the process of saving money. The application utilizes artificial intelligence, open banking technology, and a disruptive approach to traditional banking to automatically save money for customers, enabling users to save money and get better returns automatically.
The company was founded in 2016 and is headquartered in London, England.. .
Prodigy Finance is an online platform that offers community loans to international postgraduate students. The student borrowers gain access to higher education that they might not otherwise be able to finance, and the investing community earns financial and social return through their investments.
Banks examine student loan applications using localized lending templates and historic earnings in order to assess cross-border risk and lend to students from over 150 nationalities. These loans are collectively funded by a community of alumni, institutional investors, and qualified private investors.
Founded in 2007, the company is headquartered in London, United Kingdom.. .
Molo is the UK’s first fully-digital mortgage lender. We’re transforming the mortgage experience to make it quicker and simpler, with real-time decisions, clear criteria and transparent fees.
We pioneer technology, creating new solutions and smart integrations with the best partners. Direct-to-consumer and straight to the point..
Fintech company providing trade finance directly and as a transaction processing / financing toolkit that third parties can embed (logistics providers, marketplaces, banks). PrimaDollar supports a simple transactional trade finance product that is sold directly to importers and exporters and which can also be embedded on an API basis into third party services.
There are three models: direct, SaaS (local banks, large importers) and FaaS (finance as a service, appropriate for logistics providers and marketplaces). When finance is included in the service, risks are laid off into the global insurance markets and investors are sourced from the capital markets.
This is a highly scalable, global addressable market space. PrimaDollar has a proven product-market-fit and is growing very quickly with a substantial footprint now built across South and East Asia servicing trade flows into Europe, US and Australia directly and via third party logistics providers..
Cuvva is car insurance fit for the future. Always on, to just an hour – get insured for as long as you need, in minutes.
The app that is building flexible and fair cover has sold over 2.5 million policies, and supported over 400,000 customers.. .
Radix DLT is building a decentralized finance protocol that provides access, liquidity, and programmability of any asset in the world. Designed to solve many of the pain points in today’s centralized financial system – involving lack of access, poor liquidity, and high costs – the company’s protocol removes these frictions through a series of technological advancements while enabling the next generation of financial apps and services to be built.
Public ledgers, like the one developed by Radix, are managed and operated by the communities using them. This creates a decentralized, permissionless, transparent system that democratizes access to financial services while creating a network of assets to allow for the secure flow of data and capital.
The company’s protocol not only creates a permissionless, frictionless framework upon which innovative Defi services can be developed and run, but it has also solved two of the biggest challenges – scalability and security.. .
Oval is a platform designed to tackle the global issue of financial literacy by empowering people to be wiser about their money. Oval helps users save quickly and effectively, by teaching them to monitor spending habits and by making savings automatic.
The app also leverages a community experience to make saving more dynamic. They have consulted the brightest minds in personal finance and behavioural economics to develop the artificial intelligence that guides users to better spending and to making regular contributions to their secure digital savings account.
With no hidden fees and robust privacy controls, Oval brings trust back into personal finance and opens it to everyone. Oval was launched in 2016, and is based in London, UK and Turin, Italy.
The team is committed to driving education, fairness, and financial inclusion in the industry. Learn more at http://www.ovalmoney.com.
BGL Group digitally distributes insurance and financial products. It offers motor and home insurance products under the Junction brand.
Additionally, BGL Group operates price comparison websites such as comparethemarket.com in the United Kingdom and LesFurets.com in France. It has strategic partnerships with M&S Bank, RAC Insurance, Post Office, HSBC, Lloyds Bank, Halifax, and Santander.
Douw Gerbrand Steyn founded Budget Group of Companies in 1991 that became BGL Group Limited in July 2007. It has its headquarters in Peterborough in the United Kingdom with additional offices in Sunderland in York, and Wakefield in the United Kingdom, and Paris in France..
Sweatcoin is a digital currency backed by physical movement. They verify and convert movement into currency.
Users can then donate it to charity, transfer to other users or spend on products, services, and experiences provided by Sweatcoin vendors and user community. Sweatcoin tackles Present Bias by moving the future benefits of exercise into the here and now- immediately converting movement into a digital currency and changing the perception of physical movement..
Capital.com is an insurgent fintech on a mission to make the world of finance more engaging, accessible and useful. With an award-winning, AI-enabled trading platform available on the web and on mobile, it uses patent-pending technologies to revolutionise the trading world.
The platform’s AI technology works to detect clients’ trading biases and recommends personalised content to help them trade smarter. With the ultimate goal of improving clients’ trading performance through education, Capital.com delivers financial lessons, videos, quizzes and more through its Investmate app.
Find out more at https://capital.com/ or follow us on Facebook, Twitter and LinkedIn. Capital Com (UK) Limited is authorised and regulated by the Financial Conduct Authority (FRN 793714).
Capital Com SV Investments Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 319/17).
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.. .
Payhawk is a spending software that simplifies expenses, payments, and card spending for growing businesses. The company’s platform enables financial officers and business owners to manage the entire spending lifecycle end-to-end.
It collects and analyzes receipts, invoices, and card transactions to help stay in control of the budget with no paperwork for the employees. With its paperless corporate card linked to an automated expense management, Payhawk provides a product on top of existing banks.
Payhawk was founded in 2018 and is headquartered in London, England.. .
Neyber is revolutionising personal finance because they’re giving people options to support their plans for the future. With Neyber, everyone can get more value from their pay cheque through access to better rates and realistic terms, tailored individually.
Hand in hand with employers, they’re part of a fresh approach that’s set to change the way everyone looks at borrowing and saving. Together, they will be creating opportunities for employees to borrow and save within their community — that’s why they’re called Neyber.
Mind Foundry is an Oxford University AI company, founded by Professors Stephen Roberts and Michael Osborne, pioneers in the field of AI and Machine Learning. With a deep understanding of how important these technologies are to our future, the mission of Mind Foundry is to create a future where AI and Humans work together to solve the world’s most important problems.
Mind Foundry has developed technology and products that help people bring machine learning closer to their work. Our platform is a new type of Machine Learning that is powerful enough to be trusted by experts and easy enough to be used by people throughout your organization.
Built upon a foundation of scientific principle, organisations use Mind Foundry to empower their teams in entirely new ways.. .
CloudMargin was formed in 2014 by a team of professionals with several decades’ combined experience in collateral management, OTC derivatives, technology and capital markets. Inspired by the power of new technology and driven by the belief that existing collateral management solutions were over-priced, inefficient, and inaccessible, they decided to change things for the better.
CloudMargin exists to bring effective collateral management to all market participants, regardless of size or status. They’re trusted by clients for our industry knowledge, honesty and unwavering commitment to innovation..
APEXX acts as a Payments-as-a-Service platform combining all the worlds acquirers, gateways, shopping carts, and Alternative Payment Methods into a single integration. APEXX consults its enterprise level customers to consolidate their global Payment Service Provider relationships, and display all their reporting and transactional data in a single interface.
They build the most holistic and economic solutions around their customers for face-to-face transactions as well as ecommerce globally, so they don’t have to settle for less. APEXX integrates to additional services that merchants require to streamline their services.
Some of these include: EPOS systems, VAT calculation tools, AML management services, banking services, Foreign Exchange platforms, and Fraud & Chargeback management softwares.. .
Oodle Car Finance
Oodle Car Finance is a car finance company that match-makes customers with UK’s best car dealers to deliver great car buying experiences. They are breaking the mould of lending in the used-car market by merging search and finance into one seamless digital process.
This rapid, blink-and-you-miss-it, online procedure matches our customers with their perfect cars, the UK’s best car dealers and affordable finance.They believe they can achieve their ultimate mission to create a best-in-class consumer experience, where customers reap the benefits.. .
Chetwood uses technology to make people better off, through the design and manufacture of digital products across financial services. They are focused on serving distinct customer segments that are currently underserved by the market, with products designed specifically for their needs.
They use modern technology, and an ecosystem of partners, to take the cost out of manufacturing banking products, so they can make their customers better off. They are also developing a range of products, using personal data and active triggers, to create dynamic products.
Unlike traditional banking models, we are not obsessed with customer ownership and cross-selling other products. Their products must be right for their customers and stand alone.
They focus on building the best products they can for each customer segment, rather than building one product to serve all. Their multi-brand strategy and their capability to create white labelled products, enable this approach.
They are already FCA authorised and licensed as a consumer lender, launching their first product under the LiveLend brand in 2017. And, whilst they don’t like to call ourselves a ‘bank’, they do need to be fully regulated to create the exciting products they want to deliver for our customers in mortgages and savings, for example.
They’ve submitted their banking licence application and are in advanced discussions with the Bank of England and FCA.. .
Sonovate is changing how businesses of all shapes and sizes access finance and support to manage their freelance workforce. Sonovate has helped businesses, from recruitment startups to large-scale organisations who’ve grown tired of the traditional approach to finance from the banking world.
It offers a full end-to-end work pay solution, taking care of tasks such as: credit control, invoicing, payments, contracts, compliance and timesheets through its cloud-based placement management application.. .
Enfusion is a provider of cloud-based portfolio management and risk system, as well as middle and back-office services. Enfusion believes that clients are the cornerstone of our business.
The company provides exceptional client service, best-in-class software, and outsourced fund services. Enfusion aims to be an extension of our clients’ operational teams, not just another software vendor.
It was founded in 1998 and is based in London, England.. .
Rimilia creates software finance people love by enabling tight integration between the front and back office. Rimilia provides companies around the globe increased revenue per customer, clearer information and better control over cash flow.
As a global solution, Rimilia works with any currency, any bank, any ERP, in any country and language. Rimilia has offices located in Bromsgrove and London in the UK, Denver, Colorado in the US, and Toronto in Canada..
Calastone is an independent, cross-border transaction network for the mutual fund industry. Calastone is the largest global funds transaction network, connecting many of the world’s leading financial organisations.
Their mission is to make funds accessible to everyone by reducing the frictional cost of trading. They use smart technology solutions and industry collaboration to lower operational risk and enhance client profitability through digitisation and automation.
Over 1,700 customers in 40 countries and territories benefit from Calastone’s services, processing over 9 million messages and £170 billion of transactions each month. Calastone is headquartered in London and has offices in Luxembourg, Hong Kong, Taiwan, Singapore and Sydney..
Accelerate your company’s growth by eliminating admin time to focus on core business tasks instead. Capdesk streamlines your equity management to help you get there.
Automatically updated cap tables, statutory registers, and various modelings mean you never have to worry about tracking employee shares or reporting to investors and authorities again. Digital, end-to-end share issuances transfers, splits, consolidations and cancellations can be performed seamlessly on the platform, so you can kiss paperwork goodbye for good.
And with all your equity information stored on the platform, you can finally align stakeholders by giving them easy access to ownership information, share certificates, option vesting schedules, investment amounts, and latest values.. .
Flux Systems develops software platform that keeps a track of payment receipts by automatically linking them to payment cards. The company was built with bank level security.
They store and process data using third party servers located in secure data centers in Europe, that are protected by firewalls and have restricted access in compliance with applicable regulations. Flux was founded in 2016 and is based in London, England.
Its major partners include Barclaycard, Costa, pod, EAT., Barclays, and Starling Bank.. .
Founded in 2017 by Sho Sugihara and Chris Butcher, Pave is the first UK fintech company to design inclusive financial services for those with non-standard backgrounds, including flexible workers. Pave was created with one goal in mind: to ensure that strivers and hard workers have access to the financial products they need to achieve their dreams.
Pave’s community powered mobile app is now trusted by over 20,000 users. The app offers fair and essential financial products such as credit building, interest-free loans and tools to help users budget and save.
Pave has raised £8.3M in funding from leading fintech and technology venture capital firms such as Redalpine, Kindred Capital and Entrepreneur First.. .
Nude helps first-time buyers save for and purchase their first home. Set a target, then get personal insights and lifestyle tweaks to knock months or even years off your goal – without ruining your social life.
We’re rebuilding the home-buying experience to make it easier and more enjoyable than ever before. From saving that first £5, to sending champagne to celebrate on move-in day, we guide you all the way.
You’ll have your keys in no time. Our ambitions are large and global, including applying for a banking licence to launch Nude mortgages and to support people through all of life’s big moments, like weddings, children’s accounts and retirement too..
The one that does your books. Countingup is the UK’s #1 #banking & #accounting app.
Dead easy. Super fast.
Self sorting. “So easy to use.
I really don’t know how I ever completed business tasks without it.” J O’Kane “Simple and easy, everything a high street bank isn’t.” I’ll Cook You Pour “The future of accounting and banking…” C Ready. .
AccessPay develops and offers cloud-based payment and cash management solutions. The company’s cloud-based service provides ease of integration with any ERP, TMS, or other back-end systems.
It also enables the straight-through processing of domestic and international payments via BACS, FPS, CHAPS, and SWIFT. By connecting an organization’s back office systems with its banks and providing a consolidated view of all banking relationships, AccessPay gives corporate enterprises real-time visibility of all cash balances and offers a detailed analysis, which helps financial professionals maximize the use of working capital.
The company was founded in 2012 and is based in Manchester, United Kingdom.
A Peer to Peer business lender. Active in the SME finance, bridging and property development sectors.
Led by a professional team of highly experienced lending professionals with past experience lending at banks, working in insolvency practitioners and in accountancy. Finance is provided by the Assetz group investor base of more than 90,000 HNW individuals through a second generation P2P lending platform.
All loans are assessed individually and tangible security taken on all loans in a significant departure from the normally relatively unsecured nature of Peer to Peer lenders.. .
Dealroom.co is a platform that helps new investors and tech companies connect with each other and share data. The platform operates across all investment stages, from seed-stage to late growth-stage.
Dealroom.co enables investors to track companies’ progress and decide the appropriate time to invest in them. Entrepreneurs are able to control investment interests and use Dealroom.co as their official channel for outgoing information to potential investors.
Dealroom.co was founded in 2013 in London, United Kingdom.. .
Funding Xchange is a financial service company that makes finding funding options easy and transparent for businesses. The company offers unsecured finance, overdraft, invoice finance, secured, and property finance.
As owners of small businesses, they have the first-hand experience of how difficult it can be to find the right funding for businesses even if there are now hundreds of innovative solutions available. Its focus on digital decisions that harnesses access to new, transactional data has attracted attention from industry leaders.
Funding Xchange was founded in 2014 and is based in London, England, United Kingdom.. .
Unmortgage is for people who can afford to rent, but want to own. You might not earn enough to get a mortgage on a property you love, or renting might be stopping you from saving enough of a deposit.
Think of Unmortgage as a stepping stone between renting and owning.. .
MQube is a fintech company operating in the mortgage industry. Driven by data, artificial intelligence and deep machine learning, MQube have developed a platform that delivers mortgages with certainty and control.
MQube can produce a legally binding mortgage offer in hours (subject to valuation), weeks quicker than market norms, reducing inefficiencies and offering customers better outcomes.. .
DeadHappy is an insurtech company that provides digital pay-as-you-go life insurance services. It specializes in offering flexible life insurance policies that are designed to be cheaper, easier, and better than existing traditional providers.
Its offerings include pricing insurance based on current circumstances and the option to add further coverage on a rolling basis. The company was founded in 2013 and is headquartered in Leicester, England..
Radius Payment Solutions
Radius Payment Solutions is Europe’s leading independent service provider to the fleet and logistics market. The Group was established in the UK in 1990 and now operates throughout the world with offices in 14 countries.
Based in Cheshire, England. Radius employs over 1,000 staff globally and was ranked 31st in The Sunday Times Top Track Companies in the UK in 2016.
Radius offers a wide range of tailored services and products for fleets worldwide, including own brand fuel and corporate charge cards, telematics and market-leading web and smartphone applications, helping customers manage their business vehicles better. Radius are also the largest re-seller of Oil company fuel cards in Europe.
Radius has transformed over the last 25 years from a UK fuel card provider with 20 network sites to an international fleet management solutions provider. Providing market leading fleet management solutions to businesses of all size across the world..
ABAKA is world’s first digital saving and retirement enterprise SaaS platform, powered by Artificial Intelligence. Our innovative technologies enable financial institutions to power digital saving and retirement solutions and deliver scalable and affordable advice on pensions, savings and investments to their retail customers.
ABAKA’s library of modular applications helps our enterprise clients to power conversational AI, personalised and behavioural nudges, big data insights, financial dashboards and outstanding customer experiences. Today over 9 million people have access to the ABAKA technologies through our clients, and our technologies are licensed by Tier one international banks, pension providers and asset managers across multiple countries.
ABAKA’s enterprise solutions enable financial institutions to power: • Conversational AI: on pensions, savings and investments, for both fully digital and hybrid advice. The proprietary NLP models take vast quantities of user behavioural and financial data to intelligently manage a human like conversation.
• Intelligent Behavioural Nudges: machine learning models to identify persona segmentation, power personalised insights and nudges to increase engagement and up-sell opportunities, across digital channels. • Digital financial dashboards: data aggregation technology powering Open Banking, Pension Tracing and Pension Dashboards.
• Financial Planning Engine: retirement planning, cash flow modelling, suitability assessment, Monte-Carlo simulations for outcome & scenario driven advice. .
First and foremost, they are a FinTech business, fully authorised and regulated by the FCA for payment services. They are an alumni of the 2017 Barclays Accelerator Programme, powered by Techstars.
Their mission to eliminate fraud in peer-to-peer payments and to enable anyone, anywhere, to transact with each other in total confidence. Whether you are an individual or business, ShieldPay enables you to create an instant digital escrow facility with no set-up costs.
Their platform protects both payer and payee in any transaction by verifying the identity (and beneficial ownership) of all parties. Funds are held securely in the ShieldPay Vault, and are only released when both parties agree.
They created ShieldPay as traditional payment systems and banks failed to protect buyers and sellers of goods and services from fraud. Core to the ShieldPay culture is giving their customers an easier and safer way to be able to Buy Safe, Sell Safe and Pay Safe.
They are a passionate bunch of technologists, designers, marketers and legal and compliance experts who share the same vision of making the payments ecosystem a safer place for all.. .
The insurance industry has so many barriers to entry, founders often run out of energy and money just trying to get in. The Gateway is a one-stop-shop for founders, where they can get underwriting paper, investment capital and advice on how to design and build their startup, all surrounded by great insurance partners.
The Gateway fund supports the portfolio post incubation, to Series A and beyond. “The Gateway are our insurance sherpas, guiding us through the wilderness of insurance” Mark Musson, co-founder, Humn.ai (Gateway portfolio company) Insurers often struggle to innovate within their own businesses, the Gateway enable insurers to do this in a safe environment.
They facilitate insurers, technology partners and insurtechs to get to know each other and work together, over the whole duration of building a business. The Gateway would like to meet early-stage founders with game-changing ideas or products, and progressive (re)insurers who are interested in collaboration..
Tradeteq is the intelligent trade finance distribution platform providing powerful tools and services that enable investors to understand, access, and execute trade finance investment. Tradeteq opens trade finance to the global capital markets, empowering banks to distribute trade finance assets, similar to other asset classes.
Banks and institutional investors can join Tradeteq’s platform to efficiently connect, interact, and transact.. .
Wealthify is a new way for Britons to invest and grow their money. It’s effortless, transparent and affordable investing for everyone.
With Wealthify, you don’t need to be a market expert or have any experience to put your money to work. They are a Cardiff-based Fintech company.
Launching in early 2016.. .
Arix Bioscience is a global healthcare and life science company that drives value in private and public companies through operational and strategic direction as well as patient capital Their extensive experience in academic science, clinical and commercial strategy, company operations, mergers and acquisitions, venture capital and corporate finance puts them in an especially strong position to build and support a wide range of businesses and technologies. Arix Bioscience has privileged agreements with leading universities in the UK, Europe and Australia, providing direct access to innovative new technologies.
They also have access to a broad range of research projects from US academic institutions.. .
At Blockchain.com we believe in creating a financial system for the internet that empowers anyone in the world to control their money. Over 50+ million customers have signed up to use the Blockchain.com platform.
It’s the fastest and easiest way to buy your first bitcoin, trade crypto, send, receive, secure and borrow digital currencies. The Blockchain.com explorer is one of the most trafficked websites in the world to find out what’s happening in the crypto markets and the Blockchain.com exchange supports a lightning fast trading experience..
Lykke is a Swiss Fintech company building a global marketplace based on blockchain. It builds on decades of thought and research by company founder Richard Olsen, a pioneer in the field of high-frequency finance.
Richard served as co-founder and CEO of OANDA, a leading foreign exchange company. Lykke received initial seed funding in 2015.
The company is currently pursuing investors who want to change the face of the global market. Mission Lykke is here to build the future of markets: • By employing transparent blockchain technology • By achieving reliability and accessibility of financial services • By open-sourcing knowledge and competences Vision Lykke will create a single global marketplace, where any sort of financial instrument can be traded and settled peer to peer with second-by-second interest payments.
Unlike the structure of prevailing markets, ours will be a level playing field to which anyone with an Internet connection can have access. Our marketplace utilizes blockchain pioneered by Bitcoin to offer immediate settlement and direct ownership.
All the software that serves as the foundation of the market will be developed in open source. Commissions are zero.
We anticipate ample trade volumes. Our revenue will come from providing liquidity, offering issuance services, and supporting institutional clients..
Fund Ourselves is a mission driven financial technology company providing a market place offering affordable short-term consumer credit to hard working families. Our mission is to offer better, more flexible and more affordable short-term loans for hard working families.
Being a marketplace, lenders on the other hand get better returns on there investment with the short-term investment flexibility and a provision fund cover. Being a marketplace peer-to-peer lender, Fund Ourselves is basically helping with financial inclusion while funnelling the short-term lending returns back to the society.
We are a small group of passionate techies, credit geeks, designers, marketers, lawyers and compliance experts with a shared vision to make change to the consumer credit market. Fund Ourselves is a FinTech business authorised and regulated by the Financial Conduct Authority (FCA) with full authorisation.
Fund Ourselves is the trademark and trading name for Fund Ourselves Ltd.. .
Lending Works is a marketplace which facilitates lending from person to person, an idea called peer-to-peer lending. They believe this is a fantastic innovation which allows both lenders and borrowers to enjoy fantastic benefits, and is set to be the future of financial services.
Lending and borrowing through Lending Works is a credible and safe alternative to using traditional financial institutions.. .
Dawn Capital is an early-stage venture fund focused on investing in the enterprise software and FinTech sectors. It provides capital and counsel to support founders to scale their business’s growth through talent, products, and business models to become category-defining, global companies.
The firm is powered by cloud computing, ever-lowering barriers to entry and multi-player categories are changing the way people live and work. As this innovation continues, with the growth of AI and no-code applications, the investment opportunities in Dawn’s area of expertise continue to increase.
Its portfolio companies include Mimecast, iZettle, Neo Technology, iControl, Showpad, and Gelato Group. Dawn Capital was founded by Haakon Overli and Norman Fiore in August 2006 and is based in London, United Kingdom..
The first world bank for the micro-economy: a global marketplace for human innovation, financial autonomy and wealth creation. BABB is the trading name of BABB App Ltd, A UK registered Company.
BABB App Ltd is an authorised payment institution by the Financial Conduct Authority .. .
FINBOURNE Technology was founded in 2016 with the mission to reduce the cost of investing and increase transparency for everyone. We’re doing this with LUSID, our open cloud-based investment data platform which changes how investment data is managed.
And it’s for everyone in the asset management industry from single fund managers to global investment institutions. LUSID is a cloud based open investment platform that lets you own your own data to drive growth, increase control and reduce operational costs..
LendInvest operates an online marketplace for property lending and investing. Its online marketplace platform lets everyday investors access various types of asset classes; and underwrites and pre-funds various investments.
LendInvest also offers short-term property finance, such as bridge loans, development loans, and buy-to-let loans. Christian Faes and Ian Thomas founded it in 2008, with its headquarters in London in the United Kingdom..
This article was written by David Friedmman from Welp Magazine. The editor for this article was Tess Page. If your company is featured in this article and you want to have amendments made please contact us on: [email protected].
Alternatively you may write to us at: Welp Magazine/Fupping Ltd, First Floor, 61-63 Rochester Pl, London NW1 9JU.