Photo by Jonas Leupe
As you already know, the FinTech industry is on the rise, continuously evolving, and at the same time disrupting financial services. There has undoubtedly been immense growth in this disruptive industry in the past few years. And thus, it made way for some incredible financial institutions and outstanding FinTech companies to partner and provide the best solutions to the European citizens. And that too, at steal deal prices.
2021 indeed has been a great blessing for the most disruptive FinTech companies. Be it as the hottest Startup sector or the total finances raised. Digital payments have witnessed some epic highs in the past years. And these highs have made way for more excellent avenues of growth. FinTech growth is disruptive enough to be noted in history as the most commendable global phenomenon of the 21st century. European citizens have surely got lucky in terms of economic growth. All thanks to the most disruptive European FinTech Companies!
Ease in online transactions due to the rising FinTechs has certainly made way to all business sectors. FinTech enabled paying with wearables devices, cryptocurrency payments, and various other fast and secure services. Easy payments in shops, restaurants, Asos web clothing store, or your local craft brewery couldn’t happen without FinTech disruptors.
They’re also making payments safer as they provide another level of security when making in-browser payments. Different platforms handle various security issues differently, especially in gaming. This year’s cyber attacks in the igaming industry again pointed to the importance of being proactive as a user and as a middle-man payment provider. Although some casino slots, poker, Blackjack and roulette websites do have a level of their cyber-security, it’s miles better to have an additional layer that FinTech companies can provide with their payment prompt verifications.
Thought Machine for Core Banking
Thought Machine is a thoughtful FinTech Startup whose founders are four ex-Google employees. The company has its foundations in London. It took the company almost two years to develop its vault banking platform. From that moment on, the company has worked into partnerships with high-profile companies like Lloyd Banking Group and IBM, amongst others. As of 2020, the company has secured Series B funding of $125 million in a year. And it has some more incredible budgets coming its way.
On-demand Access to Earnings with Hastee
Haste is a flexible employee app that helps them access up to 50% of all the money they make on demand. James Herbert founded the successful phenomenon in 2017. The seamless app vividly integrates with the best payroll and HR systems. Some of Hastee’s premium customers include Michelle & Butlers and London City Airport, amongst other clients. Currently, the app has raised a funding of £208 as of December 2019.
Primer for Payment Automation
The early-access customer’s app came out in the early 2020s. The dedicated app uses premium technology to allow seamless payments. It will enable swift payment exchanges through different methods and from other geographical locations.
And it has the best analytics and compliance controls to solve merchant’s problems through one single API only. PayPal’s employees and the co-founders Gabriel Le Roux and Paul Anthony, are behind its immense success. But, until now, the primer has raised to £3.2 million through funding.
Currencycloud is a Solution for Multi-currency World
Currencycloud started back in 2012. The company has an enterprise-grade API that embeds all kinds of cross-border payments. In addition, the Startup has partnered with Starling Bank, Visa, and Standard Bank to make transactions easier for their customers. As of January 2020, the Startup company has made up to £80 million through funding. Some of its pioneer investors include Google Ventures, World Bank Group, and Sapphire Ventures, amongst the others.
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