The Largest Best Fintech Companies in The World

Finance is an industry that affects everyone’s lives. Technological advancements have resulted in advanced financial operations, whether through bank cards, accounting, digital payments, or cryptocurrencies. The largest fintech corporations have a diverse range, from long-standing names with first-mover advantage (like VISA and Mastercard) to unicorns born in the 2010s (like Binance and Coinbase).

Ultimate List of Top Fintech Companies Around the World

1. VISA

VISA is a highly valued brand in fintech and other industries. The American enterprise was founded back in 1958 by entrepreneur Dee Hock.

VISA provides clearing, settlement, and authorization services to financial institutions, merchants, and governments. Many quickly assume that VISA deals with issuing cards or extending credit. Instead, it merely offers banks and the like their branded products, which they provide to the consumer.

VISA has commanded nearly half the card payment market share for some time, even with formidable names like PayPal, UnionPay, Square, and Stripe. According to facts from the company, VISA operates in over 200 countries and powers more than 4.3 billion cards globally.

2. Mastercard

Like VISA, Mastercard is synonymous with payments. The paytech giant started almost 60 years in 1966, through an alliance of existing banks. Many data resources have consistently reported Mastercard commanding at least 20% of the card payment sector in the past decade.

Mastercard’s primary business revolves around Mastercard-branded payment cards offered by thousands of financial institutions in almost all parts of the globe. Furthermore, the company deals with various payment processing services.

3. Intuit

While chiefly popular in the United States, Intuit is another blue-chip fintech company known by those specialized in accounting, tax preparation, or credit monitoring. Scott Cook and Tim Proulx founded Intuit in 1983.

The company houses four primary products, each enjoying a significant share in their respective markets:

• QuickBooks (an accounting software package).
• TurboTax (a tax preparation application).
• Credit Karma (a credit and financial management platform).
• Mailchimp (an email marketing automation platform).

4. Ant Group

Ant Group breaks the mold of American dominance within financial services. Famous Jack Ma, the creator behind the e-commerce monster Alibaba, founded Ant Group in October 2014.

Ant Group plays a significant role in Alibaba’s business. However, Alipay is the company’s main cash cow, with roots stretching back to 2004. Alipay is a China-based online and mobile payment platform serving over a billion users globally.

Many commend Alipay’s technological prowess as a ‘super app,’ with additional features like travel booking, ridesharing, and even medical appointments.

5. PayPal

PayPal is a fintech name that needs no introduction, thanks to an economic moat that began in 1998 when it was created. This brand’s impact goes beyond financial technology. Through the PayPal Mafia, the founders and employees of PayPal went on to develop other valuable global companies.

PayPal derives most of its income from processing online payments for vendors, auction sites, and everyday consumers worldwide.

The company also has several notable subsidiaries with links to e-commerce, remittance, mobile payments, and credit, namely:

• Braintree
• PayPal Honey
• Paydiant
• PayPal Credit
• Tradera
• Venmo
• Xoom Corporation
• Zettle

6. Binance

Binance’s meteoric rise in the crypto industry is due to its meteoric rise in trading volume. Founded by Changpeng Zhao and Yi He in July 2017, the brand was already the largest crypto exchange by 2018. The company still maintains this status against competitors like OKX and Coinbase.

Binance boasts over 200 million users worldwide who use the exchange for a comprehensive range of decentralized finance services. These include spot trading, peer-to-peer trading, digital payments, earning, crypt loans, a non-fungible token platform, a launch pool, and more.

The BNB Chain is another closely associated name with Binance, a blockchain that processes many crypto transactions alongside the prominent Ethereum and Solana.

7. Coinbase

Coinbase is an American crypto exchange with a massive presence in the States and worldwide. Brian Armstrong and Fred Ehrsam founded the company in 2012 when few crypto exchanges existed. Coinbase is the first and, so far, the only crypto exchange listed on a primary stock market.

The brand’s core products include an app for trading and storing over 200 digital currencies, a professional asset trading platform, a wallet for accessing decentralized apps, and a VISA-branded debit card.

8. Oanda

Oanda is a forex trading platform and a derivatives broker started in 1996 by Dr. Stumm, a computer scientist, and Dr. Olsen, an economist. Since 2018, the former has been a subsidiary of the leading private equity firm CVC Capital Partners.

The company was formed at the perfect time when online trading was in its infancy. It was also the first company to share exchange rate data on the net freely.

Nowadays, OANDA enjoys a trading volume of several billions of dollars daily. The broker lets users trade on the popular MetaTrader charting software and proprietary forex trade.

The Variety in Fintech Businesses

Fintech is the fusion of two wealthy sectors in finance and technology. Thus, the rise of fintech with multi-billion-dollar valuations isn’t surprising. Given their generation, VISA and Mastercard have remained the top financial services for many years. While Intuit and PayPal are far from this level, they’ve carved their own incredible reputations. Finally, the crypto industry has made a mark on fintech, with names like Binance and Coinbase claiming a considerable stake.