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HQLAˣ recognised as one of Europe’s hottest fintech companies in 2019’s FinTech50 list

September 22, 2019

London, UK, 19 September 2019: HQLAˣ has been included in The FinTech50, the first list in the world to recognise innovative European fintechs. Now in its seventh year, the annual list is selected by an international panel of experts. Last year’s list received over 1M views worldwide and companies listed on the 2018 FinTech50, Hot Ten and Hall of Fame raised a combined total of $2.53Bn in just 12 months.

Leaders from Standard Chartered, Silicon Valley Bank, UBS, Accel, Mastercard and Barclays UK Ventures, as well as Heads of Fintech hubs across Europe, reviewed over 2000 Fintechs on a long list compiled through independent research and personal recommendations.

The 2019 list features established brands Monzo, Revolut and N26 alongside 21companies new to the list who reflect this year’s focus on innovation for consumers, business and financial services. They include London-based SalaryFinance, founded with asocial purpose to offer salary-linked employee benefits, Stockholm’s Minna Technologies, offering subscription management through European banks, Arabesque S-Ray, monitoring the sustainability of 7000 large companies, and Luxembourg’s Tokeny, a white-label platform to issue, transfer and manage tokenized securities.

The Top 10:

1.    Onfido – London: Identity Verification

2.    Monzo – London: Digital Banking

3.    Revolut – London: BankingAlternative

4.    Raisin – Berlin: pan-European deposits Market place

5.    Tink – Stockholm: Open Banking

6.    OakNorth – London: BusinessBanking

7.    Monese – London: Digital Banking

8.    solarisBank – Berlin: Open Banking

9.    N26 – Berlin: Digital Banking

10.  Alan – Paris: Health Insurance

The Hot 10:

Apiax

Regulation & compliance

Zurich – Founders: Ralph Huber, ThomasSuter, Nicholas Blanchard

Transforming complex regulations into digital compliance rules, which are constantly up-to-date and verified, accessible via an API.

 

Aryze

Digital cash

Copenhagen – Founders: Jack Nikogosian, Morten Nielsen

Digitizing cash through a range of cryptographically secure stable coins linked to the value of an underlying national currency.

 

Bankifi

Amsterdam and Manchester – Founders: Conny Dorestijn / Mark Hartley

AllowsSMEs to bundle sets of micro services to build the right solution for their business segments.

 

Gardenia Technologies

Working capital finance

Luxembourg - Founders

Iimproves profitability through data-driven advanced analytics and ML-driven working capital finance and risk management.

 

Globechain

Circular Economy

London - Founder: May Al-Karooni

Creating social value by being the world’s largest reuse marketplace

 

Neufund

Investing

Berlin - Founder: Zoe Adamovicz

Building a blockchain-based and investor-directed platform which bridges the world of cryptocurrency and equity.

 

OKO Finance

Crop Insurance

TelAviv - Founders: Shehzad Lokhandwalla, Simon Schwall

Usingsatellite and mobile technologies to bring crop insurance to emerging markets

 

Swoop Funding

SME Funding

Dublin / London – Founders: Andrea  

Simplifies and speeds-up access to loans, grants and equity funding for businesses in theUK & Ireland.

 

Tully

Financial wellbeing / debt

Nottingham – Founders:

Financial welling service designed to help the 23 million people in the UK who are worried about money.

 

11:FS Foundry

Banking as a Service

London: CEO: Dr Leda Glyptis

A cloud-based and modular digital banking toolset that allows customers to deploy an entire banking stack or select services to suit.

 

FinTech50 Founding Director Julie Lake said: “We wanted this year’s 50 to represent the value delivered by fintech innovation to individuals, employees, businesses of all sizes, as well as to traditional providers of financial services This year's 50 this are meeting the demands of wider social, environmental and economic trends - the subscription economy, sustainable investing, financial wellbeing - as well as continuing to transform traditional financial services for the benefit of their customers.”

 

Craig Fox, Director, Fintech, at SiliconValley Bank, said: “Silicon Valley Bank is a key partner to the tech community in the UK and across Europe. We’ve supported the growth and the evolution of the fintech industry for over a decade to help companies disrupt all corners of financial services. The sector is increasingly competitive, meaning that this year's FinTech50 list is even more diverse and far-reaching. This reflects the talent and creative ideas within the industry in an environment of ongoing socio-economic changes resulting from macro trends. At Silicon Valley Bank, we work with some of the industry’s most talented business leaders and know what it takes to succeed and move bold ideas forward, fast; this year’s 50 represents the very best."

 

The full list of FinTech50 companies inalphabetical order:

*New to the list this year

 

Alan

Arabesque S-Ray*

Azimo

Bunq

Calastone

Chainalysis*

ClauseMatch

ClearBank

Clearmatics

ClearScore

CloudMargin*

ComplyAdvantage

Cuvva

Cytora*

EigenTechnologies*

Everledger

Farewill*

Featurespace

Fluidly*

Form3 FinancialCloud*

Habito

HQLAˣ*

IDnow

Minna Technologies*

Modulr*

Monese

Monzo

Mosaic SmartData

N26

Nivaura*

OakNorth

Onfido

PensionBee

Pleo*

Previse

Railsbank

Raisin

Revolut

SalaryFinance*

Simudyne*

solarisBank

Sonect*

StarlingBank

Tessian*

ThoughtMachine

Tink

Tokeny*

Tractable*

Truelayer**

Zego*

 

About The FinTech50

The FinTech50 was the first list in the world to recognise Fintech in Europe for innovation and is now a global top ten fintech organisation. We founded our annual list of 50 Fintechs "to watch" in 2012 as a guide to an emerging sector. Seven years on, it is selected by an international panel of experts and is seen as a guide to quality within a super crowded one.

 

The FinTech50 2019, selected from over 2000 Fintechs across Europe, will be live on Wednesday 18th September. For the first time, we will share the reveal video on our YouTube channel from 19.15 GMT on18 September: https://www.youtube.com/fintechcity

 

For more information about The FinTech50, visit: https://thefintech50.com/