TOP-20 Biggest InsurTech Unicorn Startups in the World

FinTech unicorn describes startups that are valued at more than $1 billion. The global fintech market attained a value of more than USD 135.9 billion. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 11.9% to reach over USD 266.9 billion by 2027.

List of FinTech Unicorn Startups by valuation 2022

FinTech CompanyMost recent valuationVC raised to date
1Ant Group$200.0B$1.5B
2Stripe$152.0B$800M
3Nubank$41.5B$2.4B
4Checkout$40.0B$1.8B
5Revolut$33.0B$1.8B
6Gojek$27.9B$6.8B
7Chime$25.0B$2.6B
8Plaid$13.4B$734.3M
9Wise $12.2B$542.4M
10Deel$12.1B$679.5M
11Goodleap$12.0B$800.0M
12Affirm$11.9B$1.5B
13Bolt Financial$11.0B$957.0M
14Torpago$10.5M$83.1M
15Gusto$9.6B$751.2M
15ServiceTitan$9.5B$1.1B
15N26$9.0B$1.8B
15Rapyd$8.8B$801.1M
16Avalara$8.4B$394.5M
17Tipalti$8.3B$556.0M
18SumUp$8.2B$692.0M
19Ramp$8.1B$1.3B
20Suning Finance$7.9B$2.2B
21Ping An Healthcare and Tech$7.5B$1.6B
21Razorpay$7.5B$746.5M
22toss$7.4B$844.4M
22Carta$7.4B$1.2B
23Remitly$6.9B$435.4M
23Better$6.9B$1.2B
24Mollie$6.5B$939.9M
25Qudian.com$6.4B$906.0M
26Upgrade$6.3B$571.6M
27iCapital$6.0B$678.4M
28Mambu$5.5B$444.7M
29Opendoor Tech$5.2B$1.3B
30Qonto$5.0B$700.6M
30Zepz$5.0B$676.3M
31OfBusiness$5.0B$987.3M
32Creditas$4.8B$881.9M
33Lendable$4.7B$327.2M
33Pleo$4.7B$429.0M
34Monzo$4.6B$1.3B
35Clover Health$4.5B$925.0M
36Dave$4.0B$76.3M
36CRED$4.0B$1.1B
36Wealthsimple$4.0B$875.6M
37ChargeBee$3.8B$479.9M
38DriveWealth$3.7B$828.9M
39SpotOn$3.6B$900.0M
39Wind Information$3.6B$216.4M
40Starling Bank$3.4B$968.3M
41Cedar$3.2B$619.4M
42Cross River Bank$3.0B$1.1B
42TradingView$3.0B$338.6M
42Grab Financial Group$3.0B$417.0M
42Flutterwave$3.0B$479.2M
42DLocal$3.0B$350.0M
43Alan$2.9B$552.2M
43Loft$2.9B$794.5M
44Varo$2.5B$992.3M
44Ual?$2.5B$544.0M
44Alkami$2.5B$390.3M
45Greenlight Financial Technology$2.4B$557.2M
45Trumid$2.4B$733.3M
45Flywire$2.4B$323.2M
45360 DigiTech$2.4B$530.4M
45HoneyBook$2.4B$486.5M
46Divvy$2.3B$417.5M
46Groww$2.3B$394.8M
47Orange Retail Finance$2.2B$1.6B
47Chipper Cash$2.2B$300.5M
47Current$2.2B$411.0M
47Modern Treasury$2.2B$183.0M
47Addepar$2.2B$495.1M
48NAX$2.1B$97.2M
48OakNorth Bank$2.1B$745.7M
48PayFit$2.1B$495.9M
48GoCardless$2.1B$620.7M
48ReCharge (Business/Productivity Software)$2.1B$277.0M
48CloudWalk$2.1B$481.2M
49GVE$2.0B$28.2M
49bKash$2.0B$260.0M
49Rezolve$2.0B$9.2M
49Momo$2.0B$433.8M
49Mynt$2.0B$475.0M
49Firstp2p$2.0B$111.0M
49Edaili$2.0B$15.7M
49Pipe$2.0B$316.0M
49Clearco$2.0B$935.0M
50Linkar$1.9B$309.0M
50bunq$1.9B$228.0M
50MX$1.9B$451.0M
50Enfusion$1.9B$156.0M
51Acorns$1.8B$635.3M
51FinAccel$1.8B$332.0M
51Slice$1.8B$292.9M
51Viva Payment$1.8B$766.4M
52Wave$1.7B$205.0M
52Spotter$1.7B$509.6M
52Five Star Business Finance$1.7B$450.8M
52Judo Bank$1.7B$837.2M
52Divvy Homes$1.7B$399.4M
52Clear Street$1.7B$221.7M
52Scalable Capital$1.7B$319.9M
53Mercury$1.6B$172.8M
53Clip$1.6B$435.7M
53Pave$1.6B$162.8M
53Capitolis$1.6B$280.4M
53Self Financial$1.6B$126.7M
54Zeta$1.5B$340.0M
54Upside$1.5B$291.0M
54Tryllian$1.5B$417.6M
54Kushki$1.5B$202.0M
54Bilt Rewards$1.5B$213.0M
54BillDesk$1.5B$92.5M
55X Financial$1.4B$146.2M
55Stash$1.4B$512.1M
55Wealthfront$1.4B$275.0M
55M1$1.4B$323.9M
55Paddle$1.4B$304.8M
55CaoGenTouZi$1.4B$523.4M
56Talos$1.3B$151.0M
56Yubi$1.3B$231.0M
56Betterment$1.3B$435.0M
56OneCard$1.3B$231.5M
56Pilot$1.3B$324.6M
56Konfio$1.3B$436.8M
57Stori$1.2B$234.6M
57Unit$1.2B$168.9M
57Happy Money$1.2B$193.5M
57Public.com$1.2B$311.0M
57FloQast$1.2B$202.8M
57Guideline$1.2B$340.6M
57DailyPay$1.2B$575.8M
58Spendesk$1.1B$277.4M
58XTransfer$1.1B$168.0M
58Deposit Solutions$1.1B$204.3M
58Tiger Brokers$1.1B$139.6M
58E-Life Financial$1.1B$968.5M
58Justworks$1.1B$146.5M
58The Zebra$1.1B$355.0M
58Housecall Pro$1.1B$175.8M
58BharatPe$1.1B$646.5M
58Moonfare$1.1B$188.2M
58Titan$1.1B$175.0M
59Leap Finance$1.0B$152.5M
59Stark Bank$1.0B$59.7M
59CAIS$1.0B$421.0M
59Masterworks$1.0B$110.0M
59Sidecar Health$1.0B$170.5M
59Wrapbook$1.0B$130.5M
59Vivid Money$1.0B$218.8M
59Payhawk$1.0B$239.3M
59TNG FinTech Group$1.0B$235.0M
59Neon$1.0B$719.9M
59Xendit$1.0B$534.5M
59Open Financial Technologies$1.0B$187.5M
59Akulaku$1.0B$455.0M
59Huisuanzhang$1.0B$226.3M
59Esusu$1.0B$146.6M
59SaltPay$1.0B$994.6M
59FreshBooks$1.0B$213.8M
59Human Interest$1.0B$336.6M
59Amount$1.0B$282.7M
59PingPong$1.0B$164.4M
59OPN Co Ltd$1.0B$220.5M
59Taxfix$1.0B$329.1M
59Ajaib$1.0B$245.1M
59TrueLayer$1.0B$306.9M
59SmartAsset$1.0B$157.5M
60Webull$1.0B$241.7M

Source: Beinsure.com by PitchBook Data

TOP-150 FinTech Unicorn Startups by venture capital raised 2022

CompanyVC raised to date
1Rezolve$9.2M
2Gojek$6.8B
3Chime$2.6B
4Nubank$2.4B
5Suning Finance$2.2B
6Checkout.com$1.8B
7N26$1.8B
8Ping An Healthcare and Technology Company$1.6B
9Orange Retail Finance$1.6B
10Affirm$1.5B
11Ramp$1.3B
12Opendoor Technologies$1.3B
13Monzo$1.3B
14Carta$1.2B
15Better$1.2B
16ServiceTitan$1.1B
17CRED$1.1B
18Cross River Bank$1.1B
19SaltPay$994.6M
20Varo$992.3M
21OfBusiness$987.3M
22NAX$97.2M
23E-Life Financial$968.5M
24Starling Bank$968.3M
25Bolt Financial$957.0M
26Mollie$939.9M
27Clearco$935.0M
28Clover Health$925.0M
29BillDesk$92.5M
30Qudian.com$906.0M
31SpotOn$900.0M
32Creditas$881.9M
33Wealthsimple$875.6M
34toss$844.4M
35Judo Bank$837.2M
36DriveWealth$828.9M
37Rapyd$801.1M
38Goodleap$800.0M
39Loft$794.5M
40Viva Payment$766.4M
41Gusto$751.2M
42Razorpay$746.5M
43OakNorth Bank$745.7M
44Plaid$734.3M
45Trumid$733.3M
46Neon$719.9M
47Qonto$700.6M
48SumUp$692.0M
49Deel$679.5M
50iCapital$678.4M
51Zepz$676.3M
52BharatPe$646.5M
53Acorns$635.3M
54GoCardless$620.7M
55Cedar$619.4M
56DailyPay$575.8M
57Upgrade$571.6M
58Greenlight Financial Technology$557.2M
59Tipalti$556.0M
60Alan$552.2M
61Ual?$544.0M
62Wise (Financial Software)$542.4M
63Xendit$534.5M
64360 DigiTech$530.4M
65CaoGenTouZi$523.4M
66Stash$512.1M
67Spotter$509.6M
68PayFit$495.9M
69Addepar$495.1M
70HoneyBook$486.5M
71CloudWalk$481.2M
72ChargeBee$479.9M
73Flutterwave$479.2M
74Mynt$475.0M
75Akulaku$455.0M
76MX$451.0M
77Five Star Business Finance$450.8M
78Mambu$444.7M
79Konfio$436.8M
80Clip$435.7M
81Remitly$435.4M
82Betterment$435.0M
83Momo$433.8M
84Pleo$429.0M
85CAIS$421.0M
86Tryllian$417.6M
87Divvy$417.5M
88Grab Financial Group$417.0M
89Current$411.0M
90Divvy Homes$399.4M
91Groww$394.8M
92Avalara$394.5M
93Alkami$390.3M
94The Zebra$355.0M
95DLocal$350.0M
96Guideline$340.6M
97Zeta$340.0M
98TradingView$338.6M
99Human Interest$336.6M
100FinAccel$332.0M
101Taxfix$329.1M
102Lendable$327.2M
103Pilot$324.6M
104M1 (Financial Software)$323.9M
105Flywire$323.2M
106Scalable Capital$319.9M
107Pipe$316.0M
108Public.com$311.0M
109Linkar$309.0M
110TrueLayer$306.9M
111Paddle$304.8M
112Chipper Cash$300.5M
113Slice$292.9M
114Upside$291.0M
115Amount$282.7M
116Capitolis$280.4M
117Spendesk$277.4M
118ReCharge (Business/Productivity Software)$277.0M
119Wealthfront$275.0M
120bKash$260.0M
121Ajaib$245.1M
122Webull$241.7M
123Payhawk$239.3M
124TNG FinTech Group$235.0M
125Stori$234.6M
126OneCard$231.5M
127Yubi (Credavenue)$231.0M
128bunq$228.0M
129Huisuanzhang$226.3M
130Clear Street$221.7M
131OPN Co Ltd$220.5M
132Vivid Money$218.8M
133Wind Information$216.4M
134FreshBooks$213.8M
135Bilt Rewards$213.0M
136Wave (Financial Software)$205.0M
137Deposit Solutions$204.3M
138FloQast$202.8M
139Kushki$202.0M
140Happy Money$193.5M
141Moonfare$188.2M
142Open Financial Technologies$187.5M
143Modern Treasury$183.0M
144Housecall Pro$175.8M
145Titan$175.0M
146Mercury$172.8M
147Sidecar Health$170.5M
148Unit$168.9M
149XTransfer$168.0M
150PingPong$164.4M

Source: Beinsure.com by PitchBook Data

Fintech, variously referred to as financial technology, is a technology that enhances or automates financial services and processes. It utilises specialised software and algorithms to help business owners, companies, and consumers manage their finances using a computer or a smartphone. It is typically used to automate insurance, investments, trading, risk management, and banking services, among others and can provide insight on finances.