6 Top FinTech Startups in Europe

More customers are gravitating towards fintech companies because they offer cheaper, faster, and more convenient services compared to traditional financial institutions.

Below is a list of Europe's top tech companies making waves in finance:

Refinitiv

Refinitiv is a London-headquartered company that provides financial markets information and trading infrastructure for traders worldwide. It provides access to high-turnover markets in hundreds of currency pairs, as well as trading information to help users make informed trading decisions. With its various trading avenues and its dynamic electronic workflow; investors can trade quicker and more securely.

Its multiple trading avenues also allow traders to use their preferred trading strategies, including scalping and day trading. The platform enables users to execute their trades through a single solution, whether its precious metals, commodities, money markets, forwards, currencies, etc. Also, its cloud-based platform allows for access to your trading platform from any device.

The company offers a seamless execution of the entire trading process – from processing to confirmations to settlements. Users can also access their trade history reports, which gives them crucial insights into their future trading.

Curve

Curve is an app that aggregates all your money accounts and cards into a single platform, allowing you to transact and make withdrawals from a single card. With the Curve card, users do not need a wallet as they have all their finances at their fingertips. Since its 2018 launch, over 500,000 customers have already signed on the smart card.

The app also lets you know how much you are spending, helping you manage your budget. Users can also get cash back rewards from retailers. With Curve card, users also get to spend their money without exchange fees while abroad.

Funding Circle

Funding Circle is a peer-to-peer (P2P) lending marketplace that helps businesses access finance, and provides investors with a good return on investment. On this platform, lenders can choose which companies their money is invested in, or their money can be automatically invested in 100 businesses after providing £2,000 to meet the required £20 for every single business.

The company was the first in the UK to use the P2P model for small and medium-sized business funding. Currently, businesses can borrow up to £1M in the UK, $500,000 in the US, and up to €250,000 in the Netherlands and Germany for 60 months.

Goin

Spanish-based Goin allows users to save and invest even if they do not have prior investment experience. The award-winning company provides a friendly interface and an extremely simple system that assesses a user's profile and financial habits. This it does through a combination of questions, after which it then provides the user with automatic models for saving money.

Once you save enough money, the platform provides various investment options which include cryptocurrencies, stocks, and bonds.

Blockbonds

This Norway-headquartered company wants to create a world where everyone has access to banking services. Blockbonds has its payment system that provides users with a simple platform where they can view all their savings, transactions, and investments. Also, with their product line SPENN, users can get access to services such as spending and savings accounts. Real-time transfers are also supported.

The SPENN platform is designed as a pan-global solution and is availed via a user-friendly mobile app which provides the opportunities and security that traditional banks provide. Also, the platform is entirely free to install for anyone in the world.

WorldRemit

WorldRemit is a model that lets users transfer money online to overseas recipients. The company's current focus is on migrant communities from Africa and Asia, two regions in which mobile wallets are really popular. Recipients can access the money through a bank deposit, physical cash pickups, mobile money, and mobile airtime top-up.

The platform offers fair and real-time exchange rates for monies sent abroad. All currency rates are readjusted daily to reflect current market rates and are often better than rates being offered by traditional banks. Users can compare the company's rates with those of the local bank so that they make an informed choice every time.

The UK-based company is accredited by state regulators around the world, ensuring operations meet the highest quality standards and that there is zero chance of fraud.