Top 10 Fintech’s to invest in 2022

Fintech is one of the most interesting industries to watch in the coming years.

There are so many companies trying to disrupt this industry, but it can be hard to keep up withallofthem.Wewantyoutotakealookatthese10companiesthatwethinkwillhavean impact on fintech over the next 5-10years.

These companies have shown strong growth over the last few years and are set for even more exponential growth over the next 5 years.

Here are our top ten picks for companies that could change fintech forever in 2022.

1. Klarna

Online shopping platform Klarna was founded in Sweden back in 2005 and now has over 300 staff.

Klarna aims to simplify the payment process for online shoppers and has become one of the leading payment service providers in Europe. Klarna is now looking to expand its services into other areas, including offline shopping, where it will provide traditional credit checks for stores that want to accept Klarna as a form of payment.

2. Ripple

Ripple Labs is a real-time gross settlement system, currency exchange, and remittance network. It was founded in 2012 by Chris Larsen and Brad Garlinghouse, and is unique due to its distributed open-source, public network architecture. Ripple can process transactions within 3.5 seconds, while the Ripple Protocol Consensus Algorithm (RPCA) allows for transactions to be verified across the network.

Ripple is based upon an open-source internet protocol and also has its own cryptocurrency called XRP. It’s essentially a cross-currency payment system that enables near-instantaneous international transactions. The payment system uses a distributed network of servers that can process transactions using existing currency. This makes it ideal for e-commerce, where cross- border fees are often high when settling payments.

3. Finndon

Finndon is a banking app, which allows users to spend, save, and invest in a variety of asset classes for as little as £1. It was founded in December 2019 and launching December 2021. This company will revolutionize the fintech market because of its low investment for customers and with their future plans, although time will tell if they are true to their words. Their aim is to level the financial playing field by educating & simplifying financial jargon.

Finndon offers 2 accounts: Premier & Premium account

4. Worldremit

WorldRemit was co-founded in 2010 by Ismail Ahmed and Albinder Dhindsa. It is a global mobile remittance service that allows users to transfer money internationally and has recently raised over $140m in funding. The WorldRemit app uses the user’s existing bank account to make international transfers, or they can transfer money using debit and credit

cards. It’s a great alternative for ex-pat remittance, as WorldRemit is able to undercut many of its competitors on price; it charges a flat rate of $4 per transaction, with no hidden fees or minimums.

5. Xero

Launched in 2006, Xero provides accounting software that allows businesses to manage invoices, expenses, and sales. The cloud-based solution is ideal for SMEs looking to simplify the finance process with online accounting management. It’s currently used by over 500,000 businesses across the world, and its biggest markets include Australia, Canada, New Zealand, and the UK.

6. Square

Square was co-founded in 2009 by Jack Dorsey, the co-founder of Twitter. Square is a mobile payment app that enables anyone to accept credit card payments using just their smartphone or tablet.

It’s designed to compete with PayPal, but its simplicity has made it popular with both retailers andconsumers.

The payment service is free to use and has quickly become one of the leading fintech apps availabletoday.

7. Revolut

Revolut is a digital banking alternative with a simple mission: to make financial services accessible and affordable to everyone around the world. It was founded in July 2015 by Nikolay Storonsky and Vlad Yatsenko, and provides multiple online accounts, including current accounts, savings accounts, investment accounts, and overseas spending accounts.

It’s available anywhere in the world and has no monthly fees or commission. It also offers a free currency exchange that uses interbank rates, which are more transparent than the selling rates offered by high-street banks.

8. Lanistar Ltd

Lanistar was founded by GurhanKiziloz in 2019 and plans to officially launch in November 2021. It is a UK-based fintech startup that has developed a new form of debit card(Keypad and Display Payment Card) which has keypad functionality. They recently got approved by the FCA. They also have released Dynamic PIN for Static Payment Card which provides an additional layer of security.

9. Cape

The Cape is a digital banking platform that enables users to manage their finances from a single dashboard. It provides real-time transaction alerts and analytics, as well as tools for budget management and saving.

The financial service was founded by Ryan Edwards-Pritchard in 2015, with offices located in London and New York. Cape recently raised $2m in seed funding led by LocalGlobe and is rapidly expanding.

10. Ziglu

Founded in 2018 by Mark Hipperson, Ziglu is a company that provides mobile banking solutions to financial institutions. They have built the platform to sell and buy crypto-currency, View crypto balances and transact.

It allows customers to access banking services from their smartphones and tablets, with full functionality including transfers, contacts, notifications, and more.

The mobile banking solution is currently available in Europe, with plans to expand internationally.