10 Connecticut Fintechs to Watch

Fintech has not only changed the way we do business, but also how we live our daily lives. Millions of times every day, Americans use fintech apps like Venmo and Zelle to send money right from their phones, or Paypal and TorFx to conduct business transactions. Today, there are more than 26,000 fintech companies worldwide, including the largest, Visa and Mastercard.

If you’re a fintech fan, just getting started or have been following for a while, you’ll want to be sure to join the more than 1,000 attendees expected at this year’s Benzinga Fintech Deal Day & Awards. Make critical connections with successful fintech leaders. Meet more fintech business leaders in one day than you would in a year. Everything is gathered in one place at Benzinga’s Fintech Deal Day & Awards.

This year’s event will be held at New York City’s premier waterfront venue, Pier Sixty. Speakers include Daniel Pipitoneco-founder of TradeZero America; Kimberly Trautmann, Director of Venture Capital Investments at DRW; and Ashley E. Davisprincipal at West Front Strategies.

Fintech Deal Day starts at 08.00 on 8 December 2022.

Today, there are more than 10,000 fintech startups in the US. No longer just in big states like New York and California, Connecticut is quickly becoming a hotspot for fintechs as well.

Here are 10 great fintechs to watch in Connecticut.

Tom

Founded in 2020 and headquartered in Stamford, Connecticut, Tomo Networks is a fintech startup that improves the home buying experience by combining a smarter and faster mortgage process with real estate agents.

RightCapital

RightCapital is used by thousands of financial advisors to grow their practices and put their clients on the path to financial success. Founded in 2015 and based in Shelton, Connecticut, RightCapital specializes in financial and retirement planning, social security optimization and loan management.

Payrailz

Payrailz offers advanced invoice payment and money transfer solutions to banks and credit unions. Software technology includes AI, security, cloud-based software and chat bots. Payrailz was founded in 2016 and is headquartered in Glastonbury, Connecticut.

Relevant

Founded in 2019 and located in Stamford, Connecticut, Rellevate is a financial services company dedicated to empowering consumers through innovative services. Rellevate’s products, which are mainly offered through employers, include a digital account with interest via Pay Any-Day, Bill Pay and Send Money.

Lumesis

Lumesis is a financial technology company focused on providing business efficiency and compliance solutions via its DIVER platform. Lumesis serves hundreds of customers and over 45,000 users on the municipal bond market. Lumesis is based in Stamford, Connecticut and was founded in 2010.

Revenue manager

WealthConductor’s revolutionary retirement income platform, IncomeConductor, provides a complete suite of support for financial advisors looking to redefine their retirement income value proposition. WealthConductor specializes in retirement income, financial technology and investment management. IncomeConductor was founded in 2017 and is headquartered in Hartford, Connecticut.

AQR Capital management

Founded in 1998 and located in Greenwich, Connecticut, AQR Capital Management is a global investment management firm built at the intersection of financial theory and practical application. AQR focuses on research-driven, practical insights based on fundamental analysis.

Umergence

Umergence is an independent broker-dealer specializing in private placements and alternative investments. The team of experienced professionals average more than 20 years in the industry and have collectively been involved in raising more than $75 billion in capital. Umergence was founded in 2015 in Plantsville, Connecticut.

Freepoint goods

Freepoint Commodities is a leading global commodities trader providing trading, logistics and financing solutions and services across a wide range of markets. Freepoint was founded in 2011 and is based in Stamford, Connecticut.

Photo via Shutterstock.

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