Forbes Adds 18 New Fintech Firms To Top 50 List

Forbes has released its annual Fintech 50 list for the tenth year, highlighting the fastest-growing Fintech businesses. According to the update, payment providers, B2B banking, and Wall Street-focused firms top the list, with 31 of the 50 picks coming from these sectors.

Forbes said the remaining companies focused on real estate, insurance, blockchain, and crypto. Well-known names on the list include Plaid, Coalition, and Chime.

According to Forbes, 18 new companies appeared on the list for the first time. Zip, a procurement platform, was one of them, helping businesses handle their purchasing needs more smoothly.

True Link Financial, which provides debit cards for seniors and at-risk individuals, also secured a spot. Forbes said Squire, a business tool designed to help barbershops manage their operations, was another addition.

Bilt Rewards And Brico Joins Forbes Annual Fintech 50 List

Bilt Rewards stood out among the newcomers by handling more than $36 billion in transactions last year. The company provides a credit card that lets users earn points by paying rent. Brico, another new name on the list, offers automation tools and has attracted customers such as Funding Circle, Empower, and Marqeta. Forbes said despite being established two years ago, Brico has already gained recognition in the fintech space.

Forbes said DailyPay is also among the new firms listed, providing workers with instant access to their wages. The report revealed that Increase, a company launched by a former Stripe executive, made the top 50 list.

The company supports small and mid-sized banks in handling financial transactions. It also serves fintech firms looking for better ways to manage money.

Imprint, another debutant, helps businesses launch co-branded credit cards. Forbes said the company works with major brands like Turkish Airlines and Brooks Brothers to build and manage their card services. Nala, which enables users to send money across African countries, also joined the list. According to the update, the firm is now valued at over $200 million.

Global Fintech Firms Gain Recognition On The Forbes Fintech 50 List

Parafin also earned a place in the rankings, focusing on supporting minority- and women-owned businesses with funding. The company said it wants to improve loan underwriting and help minority groups secure funding more easily. This approach could help more businesses get the capital they need.

Forbes said most of the fintech companies on the list were based in the United States. However, some exceptions stood out, such as DataSnipper from the Netherlands and Relay from Canada. The report revealed that these firms reflect the growing global influence of fintech outside the U.S.

According to Forbes, the list highlights the rapid changes in fintech and how new companies continue to emerge with fresh solutions. Some firms focus on financial inclusion, while others work on improving business operations or payment systems. Forbes said the mix of established names and new entrants shows the industry’s fast pace of growth.