Investorideas.com

Get great ideas from our AI, cannabis, cleantech, crypto, esports and mining podcasts - be a guest or sponsor : 800 665 0411


Share on StockTwits

Best FinTech Start-ups of the Last Decade

 

November 10, 2020 (Investorideas.com Newswire) The technological advancements over the last decade have transformed our lives in a thousand different ways. In the strange times that we now find ourselves living through, there has never been a greater need for technology that allows us to fulfil all of our daily needs from the comfort of our homes. Thanks to the innovative ideas and hard work of numerous software companies, we have been able to move our businesses and social lives online.

In this article, we're going to take a look at young FinTech (finance and technology) companies that are revolutionizing the way we manage our finances, insurance policies, and cryptocurrencies.

Paysafecard

It is thanks to the work of FinTech companies like Paysafecard that we are able to make safe and secure payments online. A Paysafecard is a pre-paid card that can be used in place of a regular credit card to make online payments. Customers are given a pin code that has no connection to their own bank account or credit card. Should the pin code fall into the wrong hands, only the amount on the pre-paid card would be lost, rather than the entire contents of a bank account. PaySafe Card is popular in Germany, and it is a particularly popular payment method for making online casino deposits.

Paysafecard was originally launched in 2000, with CEO Armin Sageder at the helm. Technically, Paysafecard doesn't fall into the category of best FinTech start-ups of the last decade, but the company was bought out by Skrill in 2013, along with Ukash and Optimal Payments. The three companies merged and were rebranded as the Paysafe Group. Paysafe is now accepted in over 40 different countries.

Revolut

Revolut took to the stage in 2015. The company has done so extraordinarily well in such a short space of time that it is referred to as a 'Unicorn'. The brains behind this company clearly understand the wants and needs of a new generation of tech-savvy customers. Among other things, the Revolut app allows users to send money directly to other Revolut users via their mobile phone number. The app is modern and easy to use. Transfers between users are free, including international transfers - available for 29 currencies.

Revolut offers a debit card associated with your Revolut account, which can be used to withdraw up to £200 per month from cash machines in over 100 countries. It is also possible to use Revolut to convert currency into any one of the following cryptocurrencies: Ethereum, Bitcoin, Bitcoin Cash, Litecoin, and XRP. The app comes equipped with handy vaults that can be used to help better manage your budget and save money for long-term goals. Revolut holds a banking license by the European Central Bank but is currently on available in Europe.

Oscar

FinTech companies like Oscar are changing the way we interact with insurance companies. Oscar is a company primarily focused on improving the healthcare system in America. The company is a health insurance company that uses information technology to provide a better service to their clients. In their view, their clients are better served by being able to make the claims process faster and as transparent as possible. Most impressive of all is that the company aims to keep the costs as low as possible. Oscar was launched in 2013, and the company has the backing of some well-known investors, including Khosla Ventures and Google Capital.

Avant

Avant is an online loan company that was set up with the aim of making it easier for middle-income earners to take on personal loans. The company was founded in 2012 and is based in Chicago. And although this is an online company, customers can reach out and talk to real humans at any time. Loans can be for anything from an emergency car repair to some much-needed home improvements. Avant also helps customers consolidate their loans into a more manageable, monthly single payment.

Customers can apply for a loan using Avant's custom-made software. The software checks your eligibility by running credit checks quickly and securely (your credit score is not affected by the eligibility test). If approved, your loan will be made available as soon as the next business day. Loans run from $2000 to $35,000, with APRs that range from 9.95%-35.99%. Avant offers payment plans that range from 2 to 5 years.

Coinbase

The early days of Bitcoin saw its value fluctuate wildly, and many people were extremely wary of investing in such an unstable commodity. Today, however, cryptocurrency has evolved. We've seen a whole slew of cryptocurrencies hit the market, and we've seen the mainstream consumer-base begin to use these currencies for daily financial transactions. It's not surprising that a FinTech company involved in facilitating cryptocurrency payments should make it to our list of best start-ups.

Coinbase, founded in 2012, is a cryptocurrency exchange and wallet storage facility. Customers can use the Coinbase app to store their cryptocurrency, or to safely buy and sell cryptocurrency at fair rates. A Coinbase wallet can also be used to accept bitcoin payments. Coinbase, thanks to its easy to use software and set-up, is one of the most popular cryptocurrency exchanges on the market.

Source: https//neuecasinos24.com

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions.. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. This article is a third party guest post published content and not the content of Investorideas.com . Learn more about posting your articles at http://www.investorideas.com/Advertise/

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp


Tech Stocks - Tech Stocks Directory, Tech Stocks News, Research and Resources

Get more Technology stock investor ideas - news, articles, podcasts and stock directories