View all newsletters
Receive our newsletter - data, insights and analysis delivered to you

5 FinTech startups to watch in 2015

CBR rounds up some of the FinTech startups to watch in the near future.

By Alexander Sword

Of all the sectors where digital is having an impact, financial technology or "fintech" has been one of the biggest growers in recent years. Here are some of the finest fintech startups currently in the business.

1. TransferWise

No list of the hottest fintech startups would be complete without TransferWise, which recently attracted over $58 million in a new round of funding, attracting investment from Andreessen-Horowitz, Richard Branson and Valar Ventures. Its innovative service bypasses banks through direct peer-to-peer transfers, avoiding hidden fees. Founded by Taavet Hinrikus and Kristo Käärmann, TransferWise claims to offer faster international money transfers and savings of up to 90 percent compared to bank services.

2. Cytora

The first start-up to be funded and supported by the University of Cambridge, Cytora provides banks and other organisations with real-time data about geopolitical risks such as invasions or insurrections. Its detection technology is deployed against the contents of the entire web to monitor events as they unfold and provide updates. The web-based programme was recently selected to participate in Accenture’s FinTech Innovation Lab London.

3. Invoiceable

This app gamely tackles the relatively unglamorous but admittedly vital world of invoicing. Yes, it would be a stretch to call it the Tinder of the FinTech world, but its target audience will find much to get excited about in this free platform. Invoiceable increases convenience for businesses by allowing users to manage and send professional-quality invoices in a small amount of time.

4. Osper

Founded by Alick Varma, an alumnus of Spotify and Mendeley, this startup opts for a family focus, aiming to educate children about saving money and effectively running their finances. Osper is a prepaid Debit Card for under-18s to get to grips with controlling their purchases. It comes with a mobile banking app so that the young users and their parents can keep track of expenditure.

5. Atsora

Another participant in the Fintech Innovation Lab London, the Polish startup provides tools to financial services companies to help them communicate better with SME customers. Its Momentum software bridges the gap between SME and bank, helping with the planning of business models and monitoring cash flow in and out. Users can share selected information with their bank to get bespoke offers and real-time support.

Content from our partners
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape
Green for go: Transforming trade in the UK

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU