What is the highest valued fintech company in the world? The answer to this question depends on what you mean by value:
- number of hired employees
- net income
- attracted venture investments
- market capitalization.
All of the above indicators are important for business development, so it is necessary to analyze the leaders of the fintech market for each of the four parameters separately. For brevity, we will form the top 10 companies that are at the top of the fintech sphere, so the rest of the players can understand the prospects for this business field.
Top 10 fintech startups with the best business growth in 2022
What is the number 1 FinTech company in terms of business growth? Business growth should be understood not only as the amount of net revenue for the year but also as an increase in the number of employees.
Top fintech companies by these indicators are:
| Fintech company name | Location | Activity field | Number of employees | Annual income |
| 1. Square | San Francisco, USA | SaaS payment solutions | 6,913 | USD 16.7 billion |
| 2. Fiserv | Brookfield, Wisconsin, USA | Payment solutions | 34,529 | USD 15.8 billion |
| 3. Paytm | Noida, India | Payment app | 13,121 | USD 2.4 billion |
| 4. Worldpay | Cincinnati, Ohio, USA | Digital currencies for business | 9,117 | USD 1.9 billion |
| 5. TSYS | Columbus, Georgia, USA | Payment technologies | 8,939 | USD 1.7 billion |
| 6. Stripe | San Francisco, USA | Tools for creating an online-business | 8544 | USD 1.6 billion |
| 7. Paysafe | Miami, USA | Payment platform | 5,430 | USD 1.5 billion |
| 8. Adyen | Amsterdam, Netherlands | Payment platform | 2,808 | USD 1.3 billion |
| 9. SumUp | London, UK | Developer of mobile POS terminals | 6,405 | USD 1.2 billion |
| 10. FTX | Bahamas, Nassau | Cryptocurrency exchange | 1,310 | USD 1 billion |
Top 10 fintech startups that raised the most funding
The calculation of venture investments is carried out for the entire period of the company’s activity, starting from the moment of foundation. No investment fund will give a start-up a huge amount of money at one time. Funding usually occurs in rounds.
So, who is the biggest fintech company in terms of raised investment? Here is the top list:
| Fintech company name | Location | Category | Funding amount |
| 1. Stripe | San Francisco, USA | Tools for creating an online-business | USD 2.4 billion |
| 2. Chime | San Francisco, USA | Digital bank | USD 2.3 billion |
| 3. FTX | Bahamas, Nassau | Cryptocurrency exchange | USD 1.8 billion |
| 4. Goodleap | Roseville, USA | Lending performance tracking software | USD 1.6 billion |
| 5. Circle | Boston, USA | USDC Coin creator | USD 1.5 billion |
| 6. Ramp | New York, USA | Machine learning expense management platform | USD 1.37 billion |
| 7. Brex | San Francisco, USA | Banking products | USD 1.2 billion |
| 8. Fireblocks | New York, USA | Decentralized finance | USD 1.2 billion |
| 9. TripActions | Palo Alto, USA | Travel and expense software | USD 1.1 billion |
| 10. Carta | San Francisco, USA | Track ownership of shares and options | USD 1.1 billion |
Top 10 fintech companies with the largest capitalization
It is worth clarifying that the market value of any company is a variable and relative indicator that changes after any business action. The remaining startup success indicators are specific numbers that can be taken into account and calculated:
- how much investment the company has attracted
- how many staff it hired
- how much it earned in a year.
What is a company capitalization assessment, and who is the biggest FinTech company by this indicator? This parameter depends on the value of shares in circulation, which changes daily. We will consider the ranking of the most expensive fintech companies by capitalization as of February 1, 2023 (source — Google Finance).
| Fintech company name | Location | Category | Share price | Market value assessment |
| 1. VISA | USA | Paytech | USD 211 | USD 473 billion |
| 2. Mastercard | USA | Paytech | USD 375 | USD 358 billion |
| 3. Tencent | China | Regtech | USD 383 | USD 187 billion |
| 4. Intuit | USA | Financial solutions | USD 452 | USD 127 billion |
| 5. PayPal | USA | Paytech | USD 87 | USD 99 billion |
| 6. Fiserv | USA | Technical solutions for payments | USD 108 | USD 68 billion |
| 7. Square | USA | Paytech | USD 87 | USD 52 billion |
| 8. Adyen | Netherlands | Paytech | USD 1625 | USD 49 billion |
| 9. Coinbase | USA | Cryptocurrency exchange platform | USD 78 | USD 18 billion |
| 10. Grab | Singapore | Economic mobility | USD 3 | USD 14 billion |
Having studied this mini-rating, we can conclude that the top fintech companies are located in the United States. It means that an ambitious startupper should go to the United States to implement their fintech business idea.
Indeed, the USA is the cradle of various startups. However, according to Findexable’s Global Fintech Index, new fintech ecosystems (a collection of companies working together to achieve goals) are emerging and evenly distributed around the world:
- Africa
- Australia
- Middle East
- Asia
- South America
- Oceania.
Here you can explore best countries for startups in 2023.
New fintech companies are popping up wherever people use money. And this means that starting a business is possible anywhere. Please, contact our experts at info@offshore-pro.info for advice on any business issues.
