5 Baltimore Fintechs to Watch

Fintech has changed the way people do business. People all over the world today use fintech apps like Venmo and Zelle to send money, or PayPal and TorFX to conduct business transactions.

Crypto applications such as wallets and exchanges allow people to make mobile transactions with the tap of a finger. Today, fintech companies are becoming more and more the norm, and less the exception.

If you’re a fintech nerd, you’ll want 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.

This year’s event will be held at New York City’s premier waterfront venue, Pier Sixty. Speakers include Jordan Belfortinvestor, entrepreneur, speaker and author; Pritham Pattamatta, VP and business lead for personal loans at SOFi; and Catherine Clayexecutive vice president and global head of data and access solutions at Cboe Global Markets.

Fintech Deal Day starts at 08.00 8 December 2022.

When you think of fintech, big cities like San Francisco and New York naturally come to mind. Baltimore, Maryland, with its proximity to Washington DC, Philadelphia and New York City, has quite a few exciting fintech companies to watch as well.

Here are five great fintech companies to watch in Baltimore.

Allovue

Founded in 2013 and headquartered in Baltimore, Allovue empowers elementary school teachers to budget, manage and evaluate their district’s finances with the easy-to-use Allovue software. Through its software platform known as Balance, Allovue helps school districts create and plan budgets, as well as make financial decisions to best meet their needs.

Bolt Labs

Bolt Labs’ secure computing solutions – also known as MPC – allow customers to protect their assets while providing confidentiality, ensuring integrity and preventing misuse or theft. MPC technology is becoming the standard for digital asset security. Founded in 2018, Bolt Labs is an open source, secure digital asset management company based in Baltimore.

Shot Tower Capital

Shot Tower Capital is an investment banking firm that provides advisory and capital raising services in both the media and consumer markets. Founded in 2012 and headquartered in Baltimore, Shot Tower has expanded its reach globally by doing business internationally in countries such as Canada, the UK, China and Japan.

BailRep

Founded in 2014 and based in Baltimore, BailRep is an easy-to-use online platform that helps people find the most affordable financial products for bail in times of need. For families who need to raise capital quickly, BailRep offers unique loan products, point-of-sale distribution, networks and technology.

Money Club

Money Club offers comprehensive financial wellness education to workers, helping them manage their money with confidence and achieve financial stability. Money Club programs help customers improve overall savings and maximize productivity by offering the best in personal financial tools and education. Formerly known as Ortus Academy, Money Club is located in Baltimore.

Photo via Shutterstock.