San Francisco, CA, Oct. 23, 2018 (GLOBE NEWSWIRE) -- CB Insights today named Fundbox to the second annual Fintech 250 list, a prestigious group of emerging private companies working on ground-breaking financial technology.
“After we named the inaugural Fintech 250 in 2017, they went on to raise $23B including 30 rounds of over $100 million. 22 of the Fintech 250 have already exited with half via IPO. This year, we've added 113 new companies to the Fintech 250 using the CB Insights Mosaic algorithm, and the group is broad, covering everything from insurance tech to consumer banking to capital markets tech. We look forward to the success of this year's group,” said CB Insights CEO Anand Sanwal.
“We are truly gratified to be included in the CB Insights Fintech 250 list for 2018,” said Eyal Shinar, Founder, and CEO of Fundbox. “Our mission of making it easier for businesses to pay or get paid has helped to fuel our unprecedented growth. This acknowledgment is welcome validation that we’re focused on the right things.”
The CB Insights research team selected the Fintech 250 companies based on several factors including data submitted by each company and their Mosaic Score. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies. Through this evidence-based, statistically-driven approach, the Mosaic Score can help predict a company’s momentum, market health and financial viability.
Starting today, CB Insights customers can view the Fintech 250 on Stories, the newest product feature allowing teams to easily create beautiful presentations powered by real-time data visualizations.
Since the company’s founding in 2013, Fundbox has leveraged big data and machine learning to make it easier for businesses of all sizes to pay and get paid. Now, Fundbox is forging new ground with the developed a true payment and credit network designed as a point-of-sale for B2B commerce in addition to providing access to a business line of credit for SMB’s.
Quick facts on the 2018 Fintech 250:
- 30 of the Fintech 250 companies have reached a unicorn valuation of $1B or more.
- Since 2017, these 250 private companies have raised $31.8B across 373 deals.
- There were 82 $100M+ mega-rounds to the Fintech 250 since 2013, with 33 of them in 2018 year-to-date (YTD).
- 113 new companies were introduced to the 2018 Fintech 250 list.
- 44% of the 2018 Fintech 250 list are based outside the United States, representing 31 countries.
- Ant Financial is the most well-funded company on the Fintech 250 list, having raised approximately $19.1B across 4 investments.
The Fintech 250 Companies (in alphabetical order):
10x Future Technologies
Acorns
Addepar
Affirm
Airwallex
Alan
Alpaca
AlphaFlow
Ant Financial Services Group
AvidXchange
Axoni
BIMA
Bankin'
Behalf
BehavioSec
Behavox
Bench Accounting
Better Mortgage
Betterment
Bill.com
Billtrust
Binance
BioCatch
BitGo
BitPesa
Blend
Blooom
BlueVine
Branch International
Bread
Brex
Bright Health
Brighte
C2FO
Cadre
Canopy Tax
Capital Float
Capitolis
Carta
Cellulant
Cgtz
Chainalysis
Chime
Circle Internet Financial
CircleUp
ClauseMatch
Cloud9 Technologies
CloudMargin
Clover Health
Coalition
Cobase
Coinbase
Coins.ph
Collective Health
CommonBond
ComplyAdvantage
ContaAzul
Credit Karma
CreditMantri
Creditas
Cross River Bank
Dataminr
Dave
Deposit Solutions
Digit Insurance
Divvy
Earnin
Elefant
Equidate
Ethos
Even Responsible Finance
Ezetap Mobile Solutions
Fair.com
Fenergo
First Circle
Flywire
Folio
ForUsAll
Forter
Fundbox
Funding Societies
Futu Securities
Gimi
GoCardless
GoFundMe
Greenlight Financial Technology
Groundspeed Analytics
Guideline
Gusto
Habito
Handle Financial
Harbor Platform
Hippo
Hometap
Human Interest
Hypur
ID Finance
IEX Group
Ice Kredit
IndiaLends
Invoice2go
JD Finance
JUMO Marketplace
Justworks
Juvo
Kabbage
Kantox
Kasisto
Kissht
Klarna
Kyriba
LTSE (Captable.io)
Ladder
Lakala Payment
Ledger
Lemon Way
Lemonade
LendInvest
LendKey Technologies
LendStreet
LendUp
LendingHome
Lendingkart
Lendio
Leveris
Lianlian Pay
Lu.com
MarketInvoice
Marqeta
Meniga
MetroMile
MoMo
MobiKwik
Money Design (THEO)
MoneyLion
Monzo
N26
Namely
Nav
Neighborly
Neon Pagamentos
NerdWallet
New York Shipping Exchange
Next Insurance
Nova Credit
Nubank
One97 Communications
Onfido
OpenFin
Origami
Oscar Health
PINTEC
Paga
Payoneer
Paystack
Paytm Payments Bank
PeerStreet
Personal Capital
Petal
Pine Labs
PingPong
Plaid Technologies
PolicyBazaar
PolicyGenius
Previse
Prodigy Finance
Progressa
Propel
Prospa
Q4
Qapital Insight
Quovo
Raise Labs
Raisin
Rally Rd.
Razorpay
Receipt Bank
Reonomy
Revolut
Ripple Labs
Riskalyze
Robinhood
Roofstock
Roostify
Root Insurance
SFOX
SalaryFinance
Satispay
Scratch Services
Sift Science
SigFig
Signifyd
Silverfin
SmartHR
Snapsheet
SoFi
Spruce Holdings
Stash Investments
Stocard
Stripe
Symphony Communication Services
SynapseFi
Tala
Tiger Brokers
Tink
Tipalti
Toast
ToneTag
Toro Investimentos
TouchBistro
TradeIX
TradeIt
Tradeshift
TransferWise
TravelBank
TruValue Labs
TrueAccord
TrueLayer
Trumid
Tyro Payments
Uala
UiPath
Unison
Upgrade
Upserve
Veem
Venminder
Viva Republica
Wacai
Wave Financial
WeCash
WeLab
WealthNavi
Wealthfront
Wealthsimple
Wefox
WorkFusion
WorldRemit
Xapo
YapStone
YellowPepper
Yoco
ZestMoney
Zoona
bitFlyer
bob
eToro
freee
iyzico
nCino
About CB Insights
At CB Insights, we believe the most complex strategic business questions are best answered with facts. We are a machine intelligence company that synthesizes, analyzes and visualizes millions of documents to give our clients fast, fact-based insights. Serving the majority of the Fortune 100, we give companies the power to make better decisions, take control of their own future, and capitalize on change.
About Fundbox
Fundbox is a leading technology platform focused on disrupting the $21 trillion B2B commerce market by building the world’s first B2B credit and payment network. With Fundbox, sellers (of all sizes) can quickly increase average order volumes (AOV) and improve close rates by offering more competitive net terms and payment plans to their SMB buyers. With heavy investments in machine learning and the ability to accurately assess credit risk in a matter of minutes, Fundbox is reimaging B2B credit and payments products in new category-defining ways.
Since the company’s founding in 2013, Fundbox has raised $140 million from a blue-chip group of investors led by Khosla Ventures, General Catalyst, Spark Growth Capital and Jeff Bezos, and is currently experiencing incredible growth momentum.
For more information, please visit www.fundbox.com.