Top FinTech Startups in Money Transfer



The Startups 100 Top 5


The Startups 100 2019 include a notable mix of finance and tech-enabledcompanies, a trend present in a large number of entries. However, what is mostinteresting is how these tech and finance companies have worked in ways todisrupt or evolve traditional sectors.

The Startups 100 Top Trends


As well as being an excellent opportunity to highlight the UK’s top newbusinesses, the Startups 100 also provides insight into the latest businesstrends.This year, the Startups team has worked hard to uncover the budding businessesthat challenge traditional methods, provide disruptive digital solutions, andaim to make the world a better, more efficient place.Some of the companies will already have been included above, but others havealso earned spots in our other categories. For example, did you know thatthere is a business that can provide NHS prescriptions straight to your doorfor free? Recruitment platforms matching candidates to jobs in more innovativeways than ever before? There’s even a Scottish enterprise supporting the raceto space!To find out more about any of these top trends, simply visit the pages below.* * *

The Startups 100 List: Full List


The businesses on this year’s list have raised more money than ever before,with cumulative investment of a phenomenal £1 billion and annual turnover of aquarter of a billion pounds in the last financial year. We may be living inthe shadow of Brexit but these UK startups show that British business is stillalive and kicking.Click here to begin reading the profiles in full, or scroll down to see whichnames made it into this prestigious list.With a huge range of businesses included, the Startups 100 represents theongoing success of British business.Of course, the table above does not provide as much information as you mightlike about the winning companies, so continue reading to find out more.Read the full Startups 100 profiles.Bryn Glover has been Editor of Startups.co.uk since 2017. Running the site’scontent strategy, Bryn spends a lot of time speaking to entrepreneurs andpreparing for Startups’ annual editorial campaigns.Having worked in journalism for just under a decade, Bryn wrote for sites likeThe Times, Reader’s Digest, Independent and Times Higher Education beforemoving into the small business world.TOP 30 FINTECH STARTUPS IN SINGAPORE

Top FinTech Startups in Money Transfer


CoinPipFounded 2014 |CoinPip is a Singapore-based payments company that leverages Bitcoin to makeit easier and faster to pay remote workers. Payments are sent directly intothe recipient’s bank account so they don’t have to actually touch Bitcoin.Total Equity Funding: $100k in 1 Round from 1 Investor Most Recent Funding: $100k Seed on November, 2014Fastacash Pte. Ltd.Founded 2012 |fastacash™ provides a global social payments platform which allows users totransfer value (money, airtime, other tokens of value, etc.) along withdigital content (photos, videos, audio, messages, etc.) through socialnetworks and messaging platforms. The company has developed a patent pendinglink generation technology that enables the value transfer with a secure link.Total Equity Funding: $23.5M in 4 Rounds from 7 Investors Most Recent Funding: $15M Series B on July 14, 2015TOAST MEFounded 2015 |TOAST is a Peer 2 Peer money transfer application that allows Filipinos inSingapore, Hong Kong to remit money back home directly from a smartphonewithout the need to utilize existing banking infrastructure or queue up at aMoney Transfer Shop. They make themselves unique in terms of the mostefficient price offerings.Total Equity Funding: $865.93k in 2 Rounds from 4 Investors Most Recent Funding: $850k Seed on October 9, 2015

Top FinTech Startups in Lending


KyepotFounded 2015 |Kyepot brings social financial service to the digital age. People with bankaccounts find it difficult to save and people without bank accounts incrediblyharder. Financial exclusion limits access to good product for saving andborrowings. They offer tools for people to save in trusted communities. Theborrowing is at a reduced cost of capital so a win win for everyone.Total Equity Funding: $215.93k in 3 Rounds from 2 Investors Most Recent Funding: $175k Seed on February 28, 2016MoolahsenseFounded 2013 |MoolahSense, Singapore’s first crowd-financing platform, cultivatesentrepreneurship by empowering businesses and investors with a trusted andvibrant Crowd-lending platform. They aim to connect established businessesseeking loans for capital expansion, equipment purchases or other needs to thebroad investor community.Total Equity Funding: Undisclosed Amount in 1 Round from 2 Investors Most Recent Funding: Seed on March 19, 2015 / Undisclosed Amount

Top FinTech Startups in Online Wealth Management


InvoiceInterchangeFounded 2014 | InvoiceInterchange is a P2P invoice trading marketplace that allows businessesto auction their outstanding invoices, otherwise tied up for 90 to 120 days,to investors for immediate cash. Unlike traditional lenders, they’re aflexible pay-as-you-go service, there are no restrictive securityarrangements, no hidden fees or minimum charges, and business owners are givencomplete control.M-DAQ Pte. Ltd.Founded 2010 |Founded by a group of veterans from the FX and Securities Industries withexperience averaging 15 years amongst the key members, M-DAQ is a game-changing platform that prices and trades exchange-traded products in amultitude of choice currencies by blending ‘executable’ FX rates into equitiesand futures products. M-DAQ enables Securities Exchanges to go multi-currencywithout significant changes to systems and back-end processes, with low start-up and running costs. All investors now, regardless of profile or trade size,can benefit from a multi-bank FX wholesale price in their overseas investment.It is a Game Changer that aims to create a World without Currency Borders®.Total Equity Funding: $11.7M in 1 Round from 2 Investors Most Recent Funding: $11.7M Series B on October 21, 2013Mesitis Capital Pte LtdFounded 2013 |Mesitis empowers individual investors and their advisors with accountaggregation and visualization across asset classes and banks. They run 3different business lines, all of which are chosen because of large revenuepotential with almost no direct competition; including: Canopy – DataVisualization, Canopy – APIs from PDF statements, Mesitis Securities –Discount Broker to the High NetworthTotal Equity Funding: $6.13M in 3 Rounds from 1 Investor Most Recent Funding: $2.35M Venture on May 16, 2016

Top FinTech Startups in Blockchain/Crypto-Currency


DIGIXGLOBAL PTE LTDLaunched 2014 |The gold standard in peer-to-peer digital assets. Purchase gold on ethereumwith bitcoins, dogecoins, litecoins, and ether. Digix is an asset-tokenisation platform built on Ethereum. They leverage theblockchain’s immutability, transparency and auditability by applying it toprecious physical assets. Digix has created a range of technologies including The Proof of AssetProtocol (POA), Digix Gold Tokens (DGX), a gold-backed token for Ethereum, andDGD – Digix DAO Tokens.OTDocs Pte LtdFounded 2015 |Open Trade Docs reduces errors, bottlenecks and fraud risks in trade financeby creating digital, non-repudiable, original documents, and complementingpaper originals with unique digital copies. Both digital-paper and paper-digital pairs have full lifecycle and audit trail. By using privateblockchains, participants remain in control of all data and access rightsinstead of relying on a third party. Auditable OTDocs uses blockchaintechnology to ensure that once written, data can not be amended, even bysystem administrators.Otonomos BCC Pte. Ltd.Founded 2015 |Otonomos is engineering the world’s first blockchain-chartered company, inwhich users hold their shares in the same way as owning bitcoins in a digitalwallet. It is a Singapore Private Limited company, registered as a FilingAgent under the Accounting and Corporate Regulatory Authority Act withProfessional Number: PB15000304Total Equity Funding: $165.93k in 3 Rounds from 5 Investors Most Recent Funding: Seed on May 18, 2016 / Undisclosed AmountRipple SingaporeFounded 2013 |Ripple Gateway Pte Ltd was founded by 4 entrepreneurs with a common passion;the math based currency movement. The company creats a global real-timepayment system by providing enterprise-grade solutions to banks and financialinstitutions.

Top FinTech Startups in Crowdfunding/Investment


CrowdoFounded 2012 |Crowdonomic’s mission is to empower entrepreneurs in Asia. For entrepreneurs,they offer a crowd funding platform to raise funds, gain visibility, and buildtraction, allowing global supporters to access innovative new goods andservices and to tap into Asia’s growth story.FundedHereLaunched 2015 |FundedHere was founded in Singapore in 2015; it is the first Singapore home-grown crowdfunding platform that offers equity crowdfunding and lending-basedcrowdfunding. Equity crowdfunding is a financing mechanism through whichinvestors are investing into the start-ups in exchange of equity holdings.Such share holdings will entitle them to future capital gains as well asdividends declared by the start-ups. Lending-based crowdfunding is whereinvestors lend money to a company and receive the company’s legally-bindingcommitment to repay the loan at pre-determined time intervals and interestrate. The primary objective of FundedHere is connecting investors to startupsin Asia, getting good entrepreneurial ideas funded and offering attractivereturns for investors.Total Equity Funding: $1.29M in 1 Round from 7 Investors Most Recent Funding: $1.29M Seed on April 11, 2016

Top FinTech Startups in Personal Finance Management/Comparision


Money SmartFounded 2009 |The MoneySmart, founded by the entrepreneur Vinod Nair, specializes in themanagement tool of personal finances. They provide simplified financial adviceto customers, limiting the confusing jargon and helping them decide whichfinancial service is suitable for them. The startup allows users to ask foradvice, compare prices and features for products like loans, insurance, andcredit cards, and apply for them through the site.Total Equity Funding: $2M in 1 Round from 4 Investors Most Recent Funding: $2M Series A on October 6, 2015MoneythorLaunched 2013 |Moneythor enables financial institutions to deliver improved functionality andexperience to their customers across their digital channels. It provides a white-labelled solution to help financial institutions delivercontextual recommendations & insights to their customers within their existingonline & mobile banking applications.TradeHeroFounded 2012 |Founded in 2012 by app developer MyHero, TradeHero’s mission is to provide aplatform for traders to monetize their investment expertise, by democratizingtrading in a social and gamified mobile app. TradeHero is a free stock marketsimulation app, which draws real-world data from stock exchanges to create anun-rivalled global social investment network. Users can compete with friendsfrom their social networks, or on the global leaderboards with users fromacross the world. The app brings novice and knowledgeable traders together,allowing novice traders to subscribe for stock tips via push notifications,and top traders to earn subscription fees from followers.Total Equity Funding: $10.46M in 2 Rounds from 4 Investors Most Recent Funding: $10M Series A on September 26, 2013ShereitFounded 2015 |A Social Trading Network changes the way people invest in stocks. It allowsthem to interact, through live trades or messages with other traders aroundthe world in a real-time and transparent way. It is a social network designedand built specifically for stock trading. Investing has always been social. For hundreds of years investors have alwaysgotten their trading advice from Friends and Family, people they trust.Investors have always researched what the Best Performers are doing, peoplethey look up to. Some non-professional investors even follow their friends’strategies and while others go one step further and even copy the trades.Social Trading has always been with us and ShereIt uses the concept to makeshare trading easy for everyone.ShereIt is a white-label social trading network for stock brokerage firms. Theplatform offers:• Traders, inspiration to share trades and ideas globally with other traders,along with integrated trade copy and analytics tools to catapult tradingreturns.• Brokerage firms, increased deal flow, accelerated conversion ratios andbetter customer insights.Total Equity Funding: $15.81k in 1 Round from 2 Investors Most Recent Funding: $15.81k Seed on March 14, 2015WeInvestFounded 2013 |WeInvest is the first digital personal-finance assistant for AffluentInvestors in Asia. Singaporean startup WeInvest provides individual investorswith tools to discover and manage their investments. The platform curatesinvestment opportunities across real estate, mutual funds and deposits,provides search and compare tools, and presents investment data in an easy-to-understand format.

Top FinTech Startups in Data Management


Call LevelFounded 2014 |Call Levels is a simple, independent and reliable tool to track users’financial assets. The automatic notification feature frees users from thetime-consuming market analysis tasks.Total Equity Funding: $500k in 2 Rounds from 6 Investors Most Recent Funding: Seed on January 10, 2016 / Undisclosed AmountSmart KarmaFounded 2014 |Smartkarma is an independent financial research platform that is radicallychanging the way market participants create, distribute and consume investmentinsights. As a trusted and unbiased information source, they providedifferentiated research and transparency into the Asian markets that globalinstitutional investors need to confidently drive their investment strategies.They combine intelligence from the world’s premier analysts, academics, datascientists and industry experts in one collaborative marketplace to helpinvestors improve efficiencies, enhance returns, and optimize their researchspend while accessing the widest range of global analysis of the Asian marketsavailable.Total Equity Funding: $4.7M in 2 Rounds from 3 Investors Most Recent Funding: $4.7M Venture on June 1, 2016

Top FinTech Startups in InsurTech


FitSenseFounded 2015 |The most effective, convenient, and reliable way to save on any insurancepremium. Fitsense is a data analytics platform working with insurance companies toreduce insurance premiums for anyone with a smartphone or wearable.Fitsense is developing a data analytics platform to help health & lifeinsurance companies personalize insurance by using wearable data.Total Equity Funding: $16.29k in 1 Round from 2 Investors Most Recent Funding: $16.29k Seed on December 8, 2015PolicyPalFounded 2016 |The PolicyPal provides a simple digital overview of buying and managinginsurance for everyone. The platform will allow users to manage their policiesin one place and understand where they have duplicate or missing coverage. Itwill also let them find the policies that are the most suitable for theirneedsTotal Equity Funding: $18.42k in 1 Round from 2 Investors Most Recent Funding: $18.42k Seed on April 18, 2016

Top FinTech Startups in Payment


2C2PFounded 2003 |2C2P (Cash and Card Payment Processor) is a leading Southeast Asiancomprehensive payment services provider, transforming millions of everydaypayments across Asia. The company offers a number of services tailored for theneeds of ecommerce and mcommerce merchants, banks and financial institutionsof any size.Total Equity Funding: $10M in 3 Rounds from 3 Investors Most Recent Funding: $7M Series C on April 27, 2015CodapayFounded 2011 |Codapay is an alternative payment gateway in Southeast Asia. Codapay enablemerchants to accept payments in Indonesia, Malaysia, Philippines, Thailand,and Singapore using payment channels that every consumer can use, even if theydon’t have a credit or debit card: direct carrier billing, bank transfers,cash payments at convenience stores, and physical vouchers. By making a singletechnical connection and commercial agreement with Coda, our merchants(companies like Baidu, Gumi, and Garena) significantly increase their revenuesin the rapidly growing markets that we serve. Similarly, by appointing Coda asa merchant aggregator, our payment channel providers (companies like SingTel,Indosat, and Maxis) generate significant net-new transaction volume.Total Equity Funding: $3.2M in 4 Rounds from 7 Investors Most Recent Funding: $2.3M Series A on December 2, 2013Fusion Payments Singapore Pte. Ltd.Founded 2001 |Fusion Payments (Formerly InterAcct Solutions) provides a range of ubiquitoushandset recharge, mobile banking and security solutions with partner mobilenetwork operators and banks in the Asian region.Whilst starting out life in 2001 as a dedicated USSD solutions provider, theportfolio has expanded to include all standard bearers. The mPayment andmRecharge hub / switch now provides, in addition to USSD, an open secureRESTful API for WEB, WAP and rich/native clients. This allows customers tosafely expose their core transactional (bank, credit card or wallet) andrecharge systems.GoSwiffFounded 2010 |GoSwiff is a leading provider of mobile payment platforms and marketingsolutions. They offer an integrated mobile commerce platform for online,mobile and in-store payment acceptance systems – and are helping to meet thegrowing demand for digital payments in both emerging and developed markets.Incorporated in 2010, GoSwiff is headquartered in Singapore and currently hasa presence in 25 countries around the world.KashmiFounded 2014 |Kashmi is a brand new mobile payments application that allows young people toexchange money with their friends in a simple and fun way, for free. Sendingmoney is as easy as sending a text by phone. Pay on-the-go, share experiencesand remind friends about dues.Total Equity Funding: $555.87k in 3 Rounds from 6 Investors Most Recent Funding: $509.97k Seed on August 1, 2015MatchMove Pay Pte Ltd.Founded 2009 |MatchMove Pay is Singapore’s fastest growing finance technology company,providing innovative enterprise solutions to help businesses increase revenue,user engagement and loyalty through the strategic use of our customizablecloud-based PCI-DSS compliant platforms.Source: Crunchbase and the companies’ sites.Fintech firm Revolut leads list of UK’s top 100 startups of 2019Challenger bank Revolut has claimed first place in a list of the UK’s top 100startups of 2019, it was revealed today.British fintech startup Revolut topped Startups.co.uk’s Startups 100 list for2019, as it counts 5m customers around Europe and the UK.Energy startup Igloo placed second, while retail startup Trouva took thirdplace.Soldo, a financial services provider for businesses, and Elder, which matchesfamilies with professional carers, made up the top five of the list.

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