Top Financial Services Startups in 2024

Monsoon CreditTech is one of Asia's leading fintech startups. We work with some the region's largest banks, credit-card companies and NBFCs to help them make better lending decisions (using machine learning) that result in 30% lower delinquency rates and 25% higher approval rates. We have been selected to be a part of Mastercard Start Path and have partnered with some of the leading global financial institutions to bring the power of advanced machine learning to a wide range of portfolios.

100 million Americans that lack access to fair credit. We have shown that we can underwrite 40% of people that are shut out of the financial system, and provide an onramp where all others have failed.

We are a leading provider of tech-based credit services for those consumers who are underbanked. using cutting-edge machine learning combined with breakthrough technology, we are transforming how credit is processed online. we go beyond the credit score to determine a person's genuine ability and willingness to repay.

Propel (formerly MoneyKey) is an innovative Fintech Company that provides services and unsecured financial products to consumers via a safe and secure online platform. Propel was founded in 2011 in Toronto to remove the complexity and bureaucracy that people often experience while trying to borrow money, and to provide an underserved population with unsecured credit in a respectful way and with extraordinary service. Our goal is to provide our customers with a simple and convenient process! Our amazing team has experienced phenomenal growth and thrives on an entrepreneurial spirit, passion, and top-tier talent. We believe in innovation and in measuring success through results and growing within; talent and hard work never goes unnoticed, and we succeed together.

Refyne partners with organizations to extend on-demand Earned Wage Access (EWA) to their employees. We believe employers play a crucial role in their staff’s financial literacy plan, and providing employees access to their real-time earned salary promotes a stress-free and productive workforce. Refyne’s one-stop platform enables your employee base to build financial resilience and nurture a favorable work culture. With our plug-and-play technology, employees can see and withdraw their earned salary instead of opting for exploitative payday loans or other high-interest credit schemes. Become part of a growing network of employers who reflect an employee-first approach. Website: refyne.co.in Industry: Financial Services Company size: 51-200 employees Headquarters: Bengaluru, Karnataka Founded: 2020 Specialties: Income Streaming, Earned Wage Access, Employee Benefit, Instant Salary, Employee Management, Payroll Integration, Attendance Management, Working Capital, Financial Wellness, Attrition Management, and On-Demand Salary Access.

Qualified active working professionals including gig workers join and access Line's tools, services, safety nets to save, spend, plan better and protect themselves against financial uncertainties via the Line iOS and Android apps. Money Service Businesses, Insurers, Teclos, Retailers, and Medical Market Places that these professionals activelyuse, embed line in their consumer channels to increase transaction volume and prevent non-payment, as well as in their business process to eliminate fraud, detect payment, and other lapses ahead of time.

Seeds Investor (“Seeds”) is a financial technology company that empowers advisors to better assess investors, personalize portfolios, and present engaging insights–all in one digital solution.

DaveAI (iamdave.ai) is an AI based sales augmentation platform. DaveAI is designed to be a brand's virtual sales avatar that helps brands create productive sales experiences across channels. DaveAI helps enterprises increase conversion rates, optimise product mix and elevate the buyer experience. DaveAI uses patent pending Empathetic AI technology to model the process of making a sale. Every customer has a unique journey, Dave is capable of learning these journeys across the enterprise. Dave can then predict the best steps to be taken to convert a customer. For e.g., what product to pitch, what feature would a customer be interested in, what other factors might nudge the customer take a positive step. DaveAI helps create these experiences on kiosks, tab, 3D/AR/VR (which can include an interactive web app for contact center agents, and a mobile application for field sales). A Flexible data model enables seamless integration with CRM applications.

Our customizable optimization platform allows us to yield the highest EPCs in the industry. We possess a profound understanding of PPC, search engine, display and email marketing, enabling us to generate tens of thousands of leads per day. The key to our success is attributed to our talented employees and superior proprietary technology.

We connect the brands you love with the banking services you trust. Create deeply integrated, highly customized, and profoundly personal financial solutions to transform your customers' access to money. We empower brands with the platform to accelerate the pace of financial innovation and inclusion. The future of financial services will be highly customized and deeply integrated products that meet people where they are. By connecting best-in-class brands with best-in-class banks, we bring money into the context of modern life and make banking personal again.