Top Banking Startups in 2024

Knab is an online bank founded in 2012. It's based on the conviction that the financial world can and in fact must do things differently. Instead of products and rules, we prioritize the customer. Knab focuses on innovation, human service and transparency. We've literally flipped the script on all the other banks: bank - knab.

Our mission is to increase the success rate of small businesses. Traditional banking has been a growth limiter rather than a growth enabler for business owners, and we’re changing that. Relay is the all-in-one, collaborative money management platform. We’re building for employer SMBs and their finance function, internal and external, and are focused on delivering a human-centric customer experience. Ultimately, we help SMBs be ‘on the money'.

MANTL is modern Bank Account Opening software for banks and credit unions. Every bank needs to grow - and now they can with MANTL's state of the art onboarding system. Even better? MANTL integrates directly with legacy core banking software. In our collective experience building everything from modern consumer FinTech companies to core banking systems, we saw a rift where new FinTech companies were able to leverage the latest technologies, while banks and credit unions (where most people actually keep their money)—tethered to their outdated systems and vendors—struggled to remain competitive in the digital age. That divide continues today. So, we pulled together a team with deep industry knowledge, and expertise in systems architecture, UI/UX, and data security & analysis to reunite the worlds of banking and technology. We’re a VC-backed company based in New York City. For more info go to mantl.com

Solarisbank is the first Banking-as-a-Service platform with a full banking license that enables companies to offer their own financial products. Through APIs, partners gain access to Solarisbank’s modular services including payments and e-money, lending, digital banking as well as services provided by integrated third party providers. Through this, Solarisbank creates a highly developed technological banking ecosystem for fintechs and established digital companies, as well as banks and corporates.

Griffin is building an API-first bank that will dramatically lower the barrier to entry when it comes to launching new financial products and services. We're a new Banking as a Service provider (BaaS), based in London. We are currently seeking authorisation to become a fully regulated bank, so that we can provide safeguarding and client money bank accounts to our customers. About half of the leadership team has prior experience setting up a new bank in the UK and the process is well underway. We're heading towards a future where people and firms get most of their financial services and products from technology companies and other non-bank firms, rather than high street banks. But firms that handle their customers' money will still need to partner with a bank to safeguard and securely manage access to these funds. That's where we come in. We're aiming to be a world leader in this space, offering financial products built by technology experts with all the security and robust controls of a fully regulated bank.

Firstcard helps everyone build credit no matter who they are, where they are from, or their credit history. Firstcard primarily focuses on serving immigrants, non-US citizens, international students, first-generation college students, and underserved low-credit communities in the US who are often denied credit due to the limited access to credit-building tools provided by traditional banks. Members can build credit, open a credit card and a bank account, earn cashback, and grow savings — all within a single platform. Firstcard is on a mission to democratize credit for all. Firstcard is based in Silicon Valley and has raised $7.8M to date from angel investors and venture capital firms such as AngelList Early Stage Quant Fund, CyberAgent Capital, and East Ventures. Popular Japanese soccer player Keisuke Honda is also a participating investor.

The Lakehouse compute engine purpose-built for your heaviest, most compute-intensive workloads. Trusted by NASDAQ listed enterprises and leading unicorns to deliver 5x faster queries, over 50% Cost Savings, and Dismantling of ecosystem lock-in. Enterprise data leaders are hit by an unprecedented explosion in compute demand for data intelligence. They are surprised to find that 10% of their heavy, compute-intensive use cases consume 80% of the cost, engineering effort and stakeholder complaints. Unfortunately, such workloads are also mission-critical and non-discretionary. e6data amplifies ROI on enterprises' existing data platform and architecture - with Zero data movement, Zero application migration, and Zero Downtime. e6data’s truly format-neutral compute has the unique distinction of being equally efficient and performant across leading Data Lakehouse table formats (Delta, Iceberg, Hudi), Data Catalogs (Unity, Hive, Glue, Fabric), Clouds (AWS, Azure, Google Cloud), Object stores (S3, ADLS Gen 2, GCS). Our core team has 100+ years of combined experience and 10+ patents across diverse yet complementary disciplines like real-time databases, time-series databases, SQL OLAP engines, distributed computing platforms, stream processing, and log analytics. Two of the founding team are second-time founders with past exits. We’re all super proud to be building a deep tech product with impacting a multi-billion dollar market from right here in India!

MAJORITY is the first digital financial service dedicated to serving migrants worldwide. For $5 a month, MAJORITY members in the U.S. receive an FDIC-secured account, VISA® debit card, use of more than 55,000 ATMs across North America, remittance and international calling, native language advisors, and access to our network of community meet-up spaces, local discounts and events. With MAJORITY, there are never overdraft fees or minimum balance requirements. MAJORITY was started in Sweden by a diverse team of banking, fintech, payments, and telecom executives serving immigrant communities globally for the last 15 years. MAJORITY’s U.S. headquarters are in Houston, Texas.

Qapital is a new kind of banking experience that empowers people to maximize their happiness by saving, spending, and investing with their goals in mind. By blending behavioral science with technology, Qapital provides people with the tools they need to make managing money easy and fun. Qapital has over 2 million users and 100K+ 5-star ratings. It’s been named “Most Innovative App of the Year” by Google and “Best App for Savings” by Apple.

Global migration is a 21st-century reality: Whether people are fleeing from something or racing towards better opportunity, finding love or experience new cultures, people are now living side by side in a new way. At Rebtel, we believe in tearing down borders – from the geographical borders that complicate international communication and borderless banking to the cultural borders that keep people divided. We’re on a mission to build products serving the 2 billion modern internationals of the world. We offer work, communication and banking services for anyone crossed a border: Our team mirrors our global audience: we are a diverse team of people from over 40 different countries that get together everyday – and we’d love for you to join us. Do you have what it takes?