When it comes to having the best FinTech Startups of the world, the USA is no step behind. You can explore a wide range of FinTech Startups in the USA that provides plenty of unique financial services through various technologies. These startups are amalgamations of finance and technology into software that focuses on improving and automating the application and execution of financial services. FinTech Startups aim to compete with or replace the existing non-technological financial service providers through their efficient technological solutions in the forms of smartphones, cryptocurrency, etc.
Modern technology requires modern knowledge; since FinTech Startups are involved in creating software and the like, there are plenty of job opportunities in the USA. The chief among them is the profession of a Full Stack Developer, whose work is to traverse job functions across the stack. They can do the job of a back-end developer who can write an SQL query and a front-end developer who has CSS knowledge. You can become a Certified Full Stack Developer by taking the Full Stack Developer Certification Course in the USA. Some of the top FinTech Startups have been listed below that might help you start your career as a professional:
Stripe is an Irish-American SaaS company founded by Patrick and John Collison that provides financial services to its customers. This FinTech Startup provides payment infrastructure to both small and large businesses that use Stripe’s software and APIs to accept payments, send payouts, and manage their business online. Stripe claims to be the most powerful end-to-end API in the entire world and that is why top companies, such as Amazon, Zoom, and Shopify are among its clients.
This FinTech Startup was founded by Zach Perret and William Hockey to provide a simplistic front-end module for streamlining the onboarding experience. It can be easily implemented with just a few lines of coding. Plaid focuses on connecting payment and personal finance apps such as Square Cash and Acorns to the user's bank account for tracking and transferring funds. Companies such as American Express and Coinbase are among their clients.
One of the fastest-growing FinTech Startups, Chime, has its headquarters in San Francisco. This FinTech Startup provides a debit card with no annual or overdraft charge. It offers plenty of needful financial services and unique features which have gained quite a popularity among its 5 million clients, i.e., around 3.3 million users. To control the main functionality it allows its users to pay for direct deposits.
SoFi started as a small FinTech Startup as it provides just one commodity: FinTech services, especially for refinancing student loans. Currently, SoFi has become one of the Top FinTech Startups in the USA that sells plenty of items and provides a wide range of financial services. The best thing about SoFi is that refinancing student loan is still its flagship commodity. This value-driven company aims to help people earn a living.
Ripple is a currency transferring FinTech Startup that uses two different means: digital (Ripple XRP) and peer-to-peer (RippleNet). The platform is a protocol for open-source transactions between two parties, which can trade currencies such as bitcoins, sterlings, air miles, and many more. Ripple XRP has record of selling about $500 million to MoneyGram, using sales to raise and invest up to $50 million by using Ripple XRP in about 10% of all its Mexico purchases across the border.
This FinTech Startup is an on-ramp frequented by crypto-investors who want to get back into the business. It is the leading mainstream cryptocurrency exchange in the USA. CoinBase is popular because it provides plenty of features and services such as cryptocurrency investment, institutional custody accounts, secure US dollar coins, an integrated trade network, and a retail investment wallet. CoinBase is a personally customizable wallet whose anonymity level can be increased as per the user.
This FinTech Startup is a cloud restaurant tech firm based in Boston, Massachusetts. It was one of the leading technology-based businesses back in 2020 when secondary markets and shareholdings of private enterprises that produce applications for restaurants were highly sought-after. It is growing at a tremendous rate which is provable by the fact that in mid-February 2021, the investors of Toast, Inc. contributed about $5 trillion in investment.
These are just a few leading FinTech Startups in the USA that are growing at a high rate every year. Thus, the United Nations is filled with valuable and highly demanding job opportunities as far as technological professions are concerned. Every FinTech Startup at the top has gained success by providing commodities and financial tech services in the form of tech solutions to businesses. Every FinTech Startup has a unique way of achieving customer satisfaction and you can gain a lot by experience in any one of them.