Fintech continues to disrupt and, in many ways, transform the world of financial services. As the sector becomes increasingly formalized and integrated into the wider industry, more and more major players continue to emerge.
For its part, Forbes recently unveiled its third annual list of the key firms to pay attention to, dubbing the list its “FinTech 50.” Alongside the well-established private companies, such as Credit Karma and Coinbase, nearly half the list — or 22 firms — are newcomers in 2018.
“While crypto hogs the headlines, technology is disrupting the $8.5 trillion (market cap) U.S. financial services industry in less flashy ways, changing how we invest, borrow and save; how big banks control risk; and how hedge funds analyze data and place their bets,” writes Forbes.
The following is the full list of the Forbes FinTech 50 for 2018:
The Bitfury Group
* Forbes notes that this list “excludes publicly traded companies and their subsidiaries, as well as established financial players that are privately held.”