There is a global trend to combine technology and finance. Fintech companies are constantly innovating and revolutionizing the financial industry with their top technology. Today we take a look at the business models of these top fintech companies and present the most influential one.

FTX

One of the world’s largest cryptocurrency exchange, FTX has seen its valuation spike from $1.2 billion to $25 billion after raising $1.5 billion in private funding last year. In January, its valuation soared to $32 billion after raising $500 million in private funding. FTX aspires to be known to each household, spending hundreds of millions of dollars on marketing and signing up celebrity brand ambassadors including Tom Brady, David Ortiz and Kevin O’Leary as it pursues $8 billion in US clients through a separate entity, FTX US. CEO Sam Bankman-Fried, 30, the second richest cryptocurrency billionaire in the world, worth $24 billion, and CTO Gary Wang, 28, worth $5.9 billion.

Blockchain.com

The UK Cryptocurrency Exchange is the world’s most popular cryptocurrency wallet, allowing users to manage their private keys for multiple currencies. It has expanded into the US and can now serve customers in 35 states, including California. Blockchain.com founded in 2011, the company claims that one third of the world’s bitcoin transactions are made on Blockchain.com, which has 83 million wallets and over $1 trillion in transactions since its launch.

Opensea

The biggest winner of the 2021 NFT boom, OpenSea is a peer-to-peer platform where users can create, trade, buy and sell NFTs. Founded almost five years ago, the company retains a 2.5% commission on every transaction and processes around $3 billion in NFT transactions per month, generating monthly revenues of around $75 million. With more than 1.5 million accounts traded on the platform, OpenSea maintains a strong position in the NFT market, but major competitors like Coinbase, which launched an NFT exchange in May, are trying to close the gap. Devin Finzer, the 31-year-old CEO, and Alex Atallah, the 30-year-old CTO, became the first NFT billionaires in January 2021.

OpixTech

OpixTech is a fintech company that has grown rapidly in recent years and was founded in 2017. As a fintech company, OpixTech first appeared in the public eye with its OpixTrade trading platform, which contains a combination of extensive technology that allows more retail investors to significantly reduce the information gap with institutional investors, allowing retail investors to choose financial instruments closer to those available to institutional investors. The company developed the OpixAlgo algorithmic trading service in 2021, and developed a financial management focus on ‘retail investors’, allows retail investors to reap the benefits of financial technology, and now has monthly users in several countries around the world.

Klarna

Klarna is currently one of the largest and most popular fintech companies with a market capitalization of over $31 billion. The company offers financial services through its website and application, a platform that enables users to “buy now, pay later” or pay in three installments. Klarna founded in Sweden in 2005 by Sebastian Siemiatkowski, Klarna now has over 4 million users per month.

BlockFi

BlockFi was founded in 2017 by Zac Prince and Flori Marquez in Jersey City, USA. BlockFi is a platform that allows users to buy, sell and earn cryptocurrencies, with some users even able to earn over 8% per year from their holdings. The company is now worth over $3 billion and has over 130,000 Twitter followers.

Stripe

Founded in 2011, Stripe helps businesses to process online payments, draw down business loans and automate sales tax calculation and collection. The company remains the most valuable private US fintech company, valued at $95 billion in Series H funding in 2021, and is the fourth most valuable private company in the world after the owner ByteBeat, Elon Musk’s SpaceX and Chinese fast-fashion seller SHEIN.

Current

Current is a financial technology service that offers online banking, mobile banking and financial services. The company was first founded in 2015 by Stuart Sopp and is based in New York City. Founded to provide quality financial services for everyone, Current is now worth $2.2 billion and has nearly 550,000 Twitter followers. There is a global trend to combine technology and finance. Fintech companies are constantly innovating and revolutionizing the financial industry with their top technology. Today we take a look at the business models of these top fintech companies and present the most influential one.