Plainly, the financial industry is abuzz with new fintech startup enterprises, many firms bolstering new technology and innovative ideas. In the upcoming year, we’re promised to see increased performance by these dynamic financial technology firms.
An example of a new business that’s waded through the thick and crowded banking and financial sector is Due.com. Due.com is incredible firm, which publishes daily content for its tens of thousands of users, and it offers an invoicing service that allows customers better access to reports, data, and software for the digital design of logos and invoices. Read on to learn the names of other startups that promise to make a splash in 2017:
SoFi: SoFi is brilliant because it manages to offer opportunities for refinancing personal debts and students, as well as MBA loans and mortgages. More than that the platform, which offers opportunities to investors, has acquired approximately $7 billion in outstanding loan volume. The tech newcomer proves that need-based apps that tip toward newness can easily draw the eyes and interests of users and investors.
Planwise: The data-driven tool that was developed in partnership with inSTEDD. The platform allows planners and responders in low-resource settings to service and emboldens others in cost-effective ways. The platform was designed to assist the needy with confidence and skills in financial planning. The user-friendly software program assesses financial situation illustrates monetary goals and offers plans-of-actions. Tools for accessing financial milestones, choosing the right mortgage, and managing a personal loan are facilitated by the platform. PlanwiseConnect is an affordability browser created by the browser, which integrates all property websites in the U.S.
LendUp: This platform is a payday loan alternative that offers credit cards and online loans. More than that, free financial education and opportunities for credit building are made possible through this platform, which helps users to avoid debt. The LendUp Ladder program helps responsible borrowers to avoid debt, offering them better rates and longer terms on future loans.
Nok Nok Labs: Nok Nok Labs, a company that once raised $8.25m to enable biometric authentication for enterprise and $16.25M Series C Funding Round, searches for the future of mobile authentication. Their work helps to develop innovative authentication technology for e-commerce customers, Also, this firm has assembled a skilled web security team offers superior customer service.
Trulioo: Trulioo is an online identity verification company that developed GlobalGateway, which is used in coordination with compliance system from all over the world, assisting financial services and payment providers for the sake of compliance with international Anti-Money Laundering (AML).
FinCon: FinCon is a firm that was created for the purposes of drawing together fintech companies for networking opportunities. The firm provides a forum for startups to meet and share, and it offers information about upcoming conferences. The firm allows small business owners an opportunity to observe innovation solutions, regarding accounting needs, invoicing, and payroll.
Giftly: Giftly is a nifty platform that’s a far more flexible and convenient ways to provide gift cards to friends, family, and acquaintances. Basically, their motto is “Buy a gift card. Send instantly, print at home, or deliver by mail. These gift cards can be used at merchants within the U.S. and the District of Columbia.
Wealthfront: Wealthfront is fully-automated investment management firm, which employs advanced software for the purposes of reducing tax liabilities, which can vary according to economic conditions. This platform allows you to invest your money with minimum work, likewise, you can monitor opportunities, and harvest tax losses.
Plaid: Plaid is a piece of technology that eases access to high-quality transaction data, it validates account ownership in mere seconds, and it organizes banking data into comprehensive data.
Neighborly: Neighborly is a platform that caters to the public finance issue. It endeavors to address a generation of public financing issues by making municipal bonds accessible to the gentry, enabling them to invest in public places and civic causes that they truly care about. The technology is protected by bank-grade security, which is equipped with a consumer protection system and anti-fraud software. The that Neighborly does promises to build bridges between the nation’s public places and global banks.
Realty Shares: RealtyShare provides opportunities for investors to diversify their portfolios through partial investments in properties. These investors can invest as little as $5,000 into any property across the nation, fulfilling the goal of helping to fund important real estate projects through crowdfunding efforts. This means that money lenders, high loan fees, and the stringent guidelines of banks can be avoided.
TrueAccord: TrueAccord has helped to reimage the world of debt collection by using advanced technologies, such as machine learning and behavioral analytics, to increase recovery rates and reduce compliance risk. At the same time, the suite of tools gives customers the best experience possible, helping collectors to improve the bottom line, organize data, reduce needed reserves, and improve efficiency.
Adyen: Ayden is an ideal globalized payments system that’s revolutionized and redefined the payment industry by making available a product that manages billions. Also, they have a built technology infrastructure that’s capable of meeting the need of growing businesses, connecting payment methods to card schemes, and enabling business payment management on a universal system.