Forbes Releases Fintech 50 List For 2020 Including Six Blockchain Companies
February 13, 2020
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. 

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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


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Ishita Bora

Ishita Bora is a content creator at Digital Notice Media Labs. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. She is an archetypal writer, who loves to create her own little world with words and locutions. Apart from this, 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, and guides.
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