Forbes Releases Its Fintech 50 List, Includes Six Companies For 2020 Are In Blockchain
Forbes Releases Fintech 50 List For 2020 Including Six Blockchain Companies
February 13, 2020
Forbes Releases Its Fintech 50 List, Includes Six Companies For 2020 Are In Blockchain
Forbes Releases Fintech 50 List For 2020 Including Six Blockchain Companies
February 13, 2020

Forbes released its Fintech 50 list this week, which included six blockchain companies among the media outlet’s compilation of top financial technology companies. 

On February 12, it has been reported that carrying a “Blockchain and Bitcoin” category tag, Forbes listed Axoni, Chainalysis, Coinbase, Everledger, MakerDao and Ripple amongst its top 50 fintech list for 2020.

However, other contenders on the list included companies such as Plaid, Opendoor, and Lemonade, categorized underpayments, real estate, and insurance respectively.

Spanning an array of categories within fintech, Forbes composed its 2020 list alphabetically. 

Among the six blockchain and crypto-related categories, crypto exchange powerhouse Coinbase touted the most funding, at $525 million. Ripple came in second place with $293 million. Everledger posted the smallest funding base among listed crypto firms, at $20 million. 

Forbes noted that three similarities for the 50 fintech companies listed regarding shareholding, location, and services. 

ALSO READ :  Developers To Bring ZCash Privacy Functionality To A Bitcoin Sidechain
Image: ftreporter.com

The media outlet explained:

“A couple things all our Fintech 50 2020 picks have in common: they’re private companies with operations or customers in the U.S., and they’re making it easier, faster and cheaper to use financial services.”

Of the 50 businesses listed, 48 calls the U.S. home.

Thus, the two remaining fintech players are based in London in the U.K.  

Source: cointelegraph.com


Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
Share This

Share This

Share this post with your friends!