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10 Most-Evolutionary Financial Technology Companies Of 2022



10 Most-Evolutionary Financial Technology Companies Of 2022

Financial technology companies are empowering the economic systems of the world

Financial technology proved to be a strong opponent of traditional banks. But ultimately after more and more people started choosing digital methods of payment, financial experts realized that would be beneficial, not only for the customers but also for the finance professionals working in banks, if centralized institutions adopted this technology. In this article, we have listed the top financial technology companies that are changing the very norms of banking in 2022.



AvidXchange is the industry leader in automating invoice and payment processes for mid-market businesses. Founded in the year 2000, AvidXchange processes over $140 billion in transactions annually across its network of more than 680,000 suppliers, transforming the way 6,000 customers in North America pay their bills. AvidXchange is distinguished as a global fintech unicorn and one of the fastest-growing technology companies in the U.S. with 1,500 employees supporting customers across seven office locations.



Azimo is an online money transfer company that provides a fast, secure, and low-cost alternative to legacy high street remittance services. Azimo is created with an explicit mission of cutting the costs of sending money home. Its international money transfer platform allows users to send money either to a bank account or to over 270,000 cash pick-ups. Azimo offers money transfers to 190 receiving countries in over 80 different currencies. The company has half a million customers connected to its platform and offers more than 270,000 cash pick-up locations globally. As of October 2019, sending countries are limited to Europe.



BankBazaar is known as the world’s first neutral online marketplace where it provides instant customized rate quotes on loans, credit cards, loans, and many other personal finance products and services to compare and choose the suitable option. It is a secure and user-friendly platform focused on harnessing technology for end-to-end paperless transactions to support the environment. It is supported by global investors like Sequoia Capital, Amazon, Mousse Partner, and many more. BankBazaar offers CIBIL Score, free credit score, and free CIBIL score.



Basis is popular for being India’s financial services stop for women that are powered by education and communities. It helps to keep women updated on options to make smarter and informed financial decisions about monetary transactions. Basis offers full access to a rich library of curated financial advice, recommendations, resources, content, and many more. Basis First provides an enhanced set of services to have a better understanding of the relationship between a woman and her money.




BharatPe is one of the fintech start-ups to make financial inclusion a reality for multiple Indian merchants. It is known for launching the first-ever UPI interoperable QR code, ZERO MDR payment acceptance service, as well as the UPI payment-backed merchant cash advance service in India. It has also launched BharatSwipe, India’s only ZERO MDR card acceptance terminal. It is backed by several reputed investors such as Sequoia, Insight Partners, Beenext, and many more. BharatPe offers multiple different financial products and services such as BharatPe Balance, BharatPe Card, easy loans, bill payments, and BharatSwipe.



Billtrust is focused on making it easier for B2B companies to get paid regularly. It is known as the leading innovator in AR automation with over 40 industries as its client base. This fintech start-up innovates by pushing automation into different areas such as supplier-driven payments networks, automated invoice delivery, and many more. It has a record of crossing US$1 trillion in invoice dollars processing and more than US$49 billion in total payment volume. Billtrust helps to deploy automation to shift customers seamlessly through the whole order-to-cash cycle.



Blend is known for helping lenders streamline the customer journey for multiple banking products from application to closing with its cloud-based platform. It offers a Digital Lending Platform to acquire more customers, accelerate productivity, and enhance customer relationships. Blend has processed an average of over US$5 billion in transactions per day while maximizing operational efficiency. It offers mortgage suite and consumer suite by leveraging technology, data, and service providers to deliver a seamless customer experience.



The company pitches its offering as a universal login credential that will allow e-commerce sites to compete with Amazon’s speed. Bolt said that once shoppers sign up, including providing shipping and payment information, they can quickly log into any site using its software and complete a one-click purchase. Bolt’s product and the team have grown by leaps and bounds — raising US$215M in funding and growing by over 200 team members and 250+ retailers.



Braintree is known as a leader in mobile payments because it believes that payment technology can drive both innovation and revenue efficiently and effectively. It provides the commerce tools to minimize security concerns, expand globally, and allow new commerce experiences. This platform offers to drive higher conversion, reach more buyers in more places, streamline business operations, and mitigate risk to keep payment data secure. It provides products such as Braintree Direct, Braintree Extend, Braintree Auth, and Braintree Marketplace with exciting features like fraud tools, 3D security, data security, and many more.



Built Technologies

Built is a popular provider of construction finance technology by connecting commercial and consumer construction lenders, real-estate owners, title companies, and many more to enhance the flow of capital in the ecosystem. It helps to power faster draws, mitigate risks, inspire customer loyalty, improve construction payments, etc. It offers Built construction, built pay, Lien Waiver Management, compliance tracking, and Built club to the construction department while for the lending department, it offers construction loan administration, home builder finance, asset management, and built plus.

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Altos Ventures

Japanese Fintech Firm Kyash Raises $41 Million, Jack Dorsey’s Block Participates In Funding




Japanese Fintech Firm Kyash Raises $41 Million, Jack Dorsey’s Block Participates In Funding

A Tokyo-based financial technology company called Kyash has raised $41.2 million in a Series D funding round which saw participation from the Block (formerly known as Square). The investment into the Japanese mobile financial app firm is the Block’s first investment in the Asia Pacific region, according to the announcement.

Fintech Firm Kyash Gets a Capital Raise Boost From the Block

According to a report by Nikkei, the financial technology (fintech) company Kyash has raised $41.2 million in a Series D financing round. Kyash was founded in 2015 and is a fintech platform that provides its users with a digital wallet and mobile banking services. The Nikkei Shinbun report notes that the funding round gives Kyash an approximate $107.7 million (12.8 billion JPY) in total funding.

While Jack Dorsey’s Block participated, the firms’ Japan Post Investment Corporation, Stepstone Group (formerly Greenspring Associates), JAFCO Group, Greyhound Capital, Mitsui Sumitomo Insurance Capital, Altos Ventures, Goodwater Capital, Yitu Capital, and SMBC Nikko Securities also joined in on the Kyash funding round. The president of Kyash explained that the Block was a “leader in financial innovation in the U.S. and other countries.” In the Nikkei Shinbun report, the managing director at Kyashi stated:

Kyash’s user-first, mobile-first philosophy and design is a key component of the global, irreversible trend toward unbundling traditional financial institutions and rebuilding them using technology.

According to the official press release, Kyashi explains the firm plans to increase product growth and the company’s number of employees. “Challenger banks are a core theme in fintech and the unbundling of traditional banking has become an irreversible trend globally,” the managing director of Japan Post Investment Corporation details in the press release.

The business firmly believes that “rebundling financial services with technology” will bolster the company’s growth. “[The Series D financing] will greatly contribute to strengthening the financial base for further accelerating business expansion in the future,” Kyashi’s announcement concludes. “With this funding, we will further expand the organization by hiring human resources, expand the business domain and strengthen the service operation system, and strive to contribute to the financial success of as many people as possible.”

Tags in this story

Altos Ventures, Challenger banks, Finance, Financial Technology, Financing, financing round, Fintech, funding round, Goodwater Capital, Greyhound Capital, Jack Dorsey, JAFCO Group, Japan Post Investment Corporation, Kyashi, Mitsui Sumitomo Insurance Capital, Series D, The Block, Yitu Capital

What do you think about the Block participating in the Kyashi Series D financing round? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for News about the disruptive protocols emerging today.

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