5 most valuable FinTechs in the world, according to Utility Bidder

By Gloria Methri

The FinTech industry is estimated to be worth over $130 billion as of 2022, with predictions that the valuation will exceed $400 billion by 2027. Utility Bidder has revealed which FinTech companies reached a $1 billion valuation the fastest this year, which companies are the most valuable, and which countries are home to the leading FinTech firms.

Let’s look at the 5 most valuable FinTech companies in the world:

1. Stripe (US)

Stripe has been revealed as the most valuable FinTech company in the world, with a total value of $95 billion. After being established in 2010, it took the company 4 years to achieve unicorn status in early 2014.

2. Checkout.com (UK)

Checkout.com’s $40 billion valuation puts them in second place. After being founded in 2009, the company took 10 years to achieve unicorn status.

3. Revolut (UK)

Revolut has a value of $33 billion in the top three. The FinTech company reached a valuation of $1 billion in 2018, taking less than 3 years from launch.

4. FTX (Bahamas)

FTX, with the fourth highest valuation at $32 billion, took just 811 days to achieve unicorn status. The crypto derivatives exchange firm was launched in 2019.

5. Carillon (USA)

Chime, one of the fastest growing financial technology companies in the US, is valued at $25 billion. The decade-old company joined the ranks of unicorns in 2019.

The Utility Bidder survey also revealed that PropTech startup Pacaso reached unicorn status the fastest of all the companies on the list, taking less than 6 months to reach a $1 billion valuation. It is followed by Multi-Chain NFT Platform Magic Eden, which achieved status in 9 months.

The US took the crown for the FinTech capital of the world, and is home to 132 companies with unicorn status. According to the survey, FinTech companies in the US make up over 50% of all companies on the list. The UK has the second highest number of FinTechs valued at over $1 billion with a total of 26. Apart from one of these being based in Peterborough, the rest are based in London.

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