The financial technology landscape in the United States of America is rapidly growing with new companies emerging every day. The new companies are disrupting traditional financial services and offering innovative as well as convenient solutions. The fintech industry is all set to witness even more transformation as we move ahead with this year. Constantly developing technologies like artificial intelligence, blockchain, and machine learning are redefining payments as well as lending, wealth management, and insurance. This article brings you a detailed list of the top 10 fastest-growing fintech companies in the USA for 2025.
Brex
Brex is a US-based fintech company that is helping more than 10,000 businesses manage their employee expenses in an efficient way. Henrique Dubugras and Pedro Franceschi founded Brex in 2017, and its headquarters are located in San Francisco, California. Its business is widely spread across 100 countries with a valuation of $12.3 billion. Major investors like Greenoaks, Tiger Global Management, and DST Global are backing the company financially. Brex ranked 7th on the Forbes Best Startup Employers list and also earned recognition as one of Y Combinator’s top companies.
Flutterwave
Flutterwave is an African-based fintech company that has been growing rapidly in the US as well. It processed more than 200 million transactions worth over $16 billion for 900,000 customers across 34 African countries. It is known for its excellent service delivery. The company has a valuation of $3 billion and its headquarters are also located in San Francisco, California. The company received multiple recognitions and awards in Africa. Olugbenga “GB” Agboola, the CEO of Flutterwave, was recently invited to ring the closing bell at the New York Stock Exchange during Black History Month.
Silicon Valley Bank
Silicon Valley Bank is one of the subsidiaries of the Silicon Financial Group, which was established in 1983. It is a global commercial service provider for multiple businesses. Some of these businesses include Shopify, Payoneer, and Pivot Energy. The company has brought a revolution in the way businesses handle their assets and transactions. SVB Capital, which is the investment arm of the company, has collaborated with many major venture capitals, including Sequoia and Index Ventures. Recently, it has also pledged to invest $5 billion in sustainable finance and become carbon-neutral this year. The company was awarded Aite-Novarica Group’s 2021 Impact Innovation Award in the year 2022 for consumer experience.
SoFi
SoFi is a fintech company that was established by 4 graduates from the Stanford Business School in 2011. It is actively providing a variety of financial products like student loan refinancing, personal loans, and mortgages. It is an excellent solution for all those who wish to be independent financially. From the day of its launch, the company has facilitated over $50 billion in funded loans for over 5 million customers. It has also launched the “SoFi Program” allowing employees from partner companies to access SoFi products as work benefits. Fast Company named SoFi one of the ten most innovative personal finance companies in the month of February 2023.
HighRadius
HighRadius is another one of the fastest-growing fintech companies that is actively providing AI-powered software for order-to-cash and treasury management. It is widely spread across the globe with over 800 major customers like Uber, Sony, and Warner Bros. The cloud-based platform leverages predictive analytics to help automate and streamline financial management processes at scale. It has successfully raised $475M in funding over four rounds. Gartner named HighRadius a leader in the integrated invoice-to-cash applications industry. IDC also named it MarketScape Leader for Accounts Receivable Automation Software.
Ellevest
Ellevest is a fintech company that focuses on reducing the gender pay gap and supporting women in achieving their goals. This is a major project in the United States, as white women are receiving only 82% of what men are receiving. The company offers two tiers of service, which include a basic plan for $5 per month and an executive plan that will cost $9 per month. It provides access to discounted professional financial advisors along with a unique investing algorithm. The algorithm considers various factors like gender pay gaps, career breaks, and longer lifespans, providing personalized investment advice. It also offers a private wealth management fund for investors with $1 million or more.
Circle Internet Financial
Jeremy Allaire and Sean Neville founded Circle Internet Financial back in 2013 and it became one of the leading blockchain technology companies today. USDC and Euro Coin’s digital currencies, USDC and Euro Coin, are considered the most trusted currencies among the masses for their reliability and speed. It also operates Circle Invest which is basically a user-friendly platform allowing people to buy and sell various cryptocurrencies. The company successfully raised a $400 million funding round in 2022. Venture funds such as Marshall Wace LLP and Fin Capital lead the company, bringing a total valuation of $9 million.
Upstart
David Girouard, Anna Counselman, and Paul Gu founded Upstart in 2012, which is another AI-powered lending platform that automates credit pricing and borrowing. It is designed to predict the period of time it will take the customer to repay a loan. The company also offers automated loans to borrowers. It offers banks access to true credit risk. This results in higher approval rates and fewer defaults from borrowers. It has successfully transacted 600,000 personal loans and reduced default rates by up to 75%. It also went public and launched an IPO in 2020.
Chime
Ryan King and Chris Britt founded Chime in 2012, which is a fintech company with the motto “banking should be simple, helpful, and free.” The company actively collaborates with regional banks offering inclusive and accessible financial services for its customers. CNBC named Chime as one of the top ten technological disruptors in 2021. It has successfully raised a total of $2.3 billion in funding, with its latest $750 million funding round which was led by Sequoia Capital Global Equities.
Marqeta
Marqeta is also one of the top payment technology companies that offers a reliable platform for businesses. It helps its customers in launching and managing their payment programs seamlessly. Major companies, including Square, Instacart, and J.P. Morgan, are its customers. The company won the Forbes 50 Fintech Award for three consecutive years from 2019 to 2021. CNBC also included it in the Disruptor 50 list, while Fast Company included it in the list of the 50 Most Innovative Companies.
