The rapid rise of听financial technology听has听谤别惫辞濒耻迟颈辞苍颈sed听how we spend, save and receive money in the 21st听Century.听
Many of the听FinTech start–ups听which have听popped up in the last couple of decades have听hit the coveted听billion-dollar听valuation听mark.听
For some, it鈥檚 been a long journey听to unicorn status;听but for others, the rise has been meteoric.听
New research from听听has examined the rise of听100 of the biggest听FinTech companies in the world, revealing听just how long these global disrupters took to become unicorns.听
The UK has 11 companies in the fastest 100 global FinTech unicorns,听behind only the US (46) and China (13).听
With an average-time-to-unicorn-status of 8.7 years,听the听UK is听eighth in the list听in terms of speed.听Australia, China and Brazil lead the way.听
Read on to see the fastest 10 global FinTech unicorns, plus other UK firms in the top 100.
The FinTech Billion
1. Brex
United States, Lending听
2017-2018 –听1 year
2. Figure Technologies
United States, Lending听
2018-2019 –听1 year听
3. Linklogis
China, Lending听
2016-2018 –听2 years听
4. Ual谩
Argentina, Banking听
2017-2019 –听2 years
5. Zenefits
United States, Insurance听
2013-2015 –听2 years听
6. ZhongAn
China, Insurance听
2013-2015 –听2 years
7. Avant
United States, Lending听
2012-2015 –听3 years
8. Dave
United States, Banking听
2016-2019 –听3 years
9. Monzo
United Kingdom, Banking听
2015-2018 –听3 years听
10. Rapyd
United Kingdom, Payments听
2016-2019 –听3 years听
11. Revolut
United Kingdom, Multi听
2015-2018 –听3 years
16. Atom Bank
United Kingdom, Banking听
2014-2018 – 4听years听
27. OakNorth
United Kingdom, Lending听
2013-2017 –听4听years听
47. Transferwise (Now Wise)
United Kingdom, Payments听
2010-2015 –听5听years
60. Checkout.com
United Kingdom, Payments听
2012-2019 –听7听years听
64. Greensill
United Kingdom, Lending听
2011-2018 – 7听years
73. Funding Circle
United Kingdom, Lending听
2010-2018 –听8听years
99. BGL Group
United Kingdom, Insurance听
1992-2017 –听25听years
100. Radius Payment Solutions
United Kingdom, Payments听
1990 -2017 –听27 years听
For听a听further听detailed听breakdown of the FinTech Billion, visit听听