![\"Fintech](\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/image-528.png\")
Today, there continues to be an influx of fintech companies that have recently attained unicorn status. These companies continue to raise the bar and progress the fintech industry in new and exciting ways. Here are some of the latest entrants to the fintech unicorn club.<\/p>\n\n\n\n
Ledger<\/h2>\n\n\n\n![\"The](\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/image-529.png\")
The Ledger Nano has become one of crypto\u2019s best hardware wallets.<\/em><\/figcaption><\/figure><\/div>\n\n\n\nBest-known for its cryptocurrency hardware wallets, Ledger is part of the growing digital asset industry. Ledger recently raised $380 million at a $1.5 billion valuation<\/a>, bringing it squarely into unicorn territory. The company has various hardware wallet options that allow cryptocurrency users to store and access their digital assets securely. Cryptocurrencies continue to be a primary focus of the fintech industry due to their increasing ability to create a more balanced and fair global financial system. Ledger is already on its way to becoming the main cog in the wheel of digital assets through its product offerings.<\/p>\n\n\n\nLedger CEO Pascal Gauthier noted Ledger\u2019s expansion from its hardware wallet business into crypto trading directly<\/a>. \u201cOur goal is to empower users to buy, sell, swap, borrow, and lend digital assets through the Ledger Live platform, which\u2014when combined with our hardware\u2014offers best-in-class security and a seamless user experience. The results of our Series C round bring us one step closer to this vision.\u201d<\/p>\n\n\n\nScalable Capital<\/h2>\n\n\n\n
After landing $180 million in a funding round led by Chinese giant Tencent<\/a>, Scalable Capital has joined the unicorn ranks. Currently valued at $1.4 billion, the Germany-based company acts as a digital wealth manager, helping consumers manage their assets in an easy-to-use platform. This has led Scalable Capital to garner over 250,000 users and $5 billion in assets on its platform.<\/p>\n\n\n\nThe company\u2019s co-CEO and co-founder Florian Prucker sees the demand for retail investment as on the rise<\/a>. \u201cWe see huge demand to invest money in the capital markets instead of leaving it in bank accounts. This comes against a backdrop of record-low interest rates, growing inflation, and a widening pension gap\u201d, says Prucker. \u201cOur clients can access fully managed globally diversified ETF portfolios and\u2014in the same app\u2014self-directed trading in shares, ETFs, cryptocurrencies, and funds. We also provide a market-leading offering of ETF, stocks, and crypto monthly savings plans. We are planning to launch derivatives trading next. We will continue on our mission to make everyone an investor\u201d.<\/p>\n\n\n\nBought By Many<\/h2>\n\n\n\n
Pet insurance is no laughing matter. Bought By Many has turned this industry on its head after its $350 million Series D funding round, which put its valuation above $2 billion. The company, which was started in London in 2012, didn\u2019t shift into its current market until 2017, when it recognized the need for better pet insurance solutions. Now, it covers more than 500,000 pets around the world through its digital insurance offerings.<\/p>\n\n\n\n
![\"As](\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/image-530.png\")
As pets\u2019 roles become increasingly important, so too does their insurance.<\/em><\/figcaption><\/figure><\/div>\n\n\n\nBought By Many\u2019s CEO Steven Mendel recently noted<\/a>, \u201cOur mission is to make the world a better place for pet parents. By creating unique policies, dramatically improving customer experience, and working closely with vets, we have made it possible for pets to be healthier and for them to enjoy longer, happier lives with their owners. We have hit several exciting milestones over the last four years, including our expansion into Sweden and the US, but most importantly we have gained the trust of hundreds of thousands of happy customers.\u201d<\/p>\n\n\n\nSpotOn<\/h2>\n\n\n\n
As the restaurant and retail industries continue to grow, so too do their technology needs. As a point-of-sale (POS) provider, SpotOn makes it easy for retailers to manage all their payments and transactions. Venture capitalists believe in the company\u2019s business model so much that it led to a $125 million venture-backed round<\/a> led by the well-known a16z. This puts the company firmly in the unicorn realm, with a new valuation of $1.875 billion.<\/p>\n\n\n\nSpotOn co-founder Doron Friedman knows that restaurants and retailers need these solutions to better connect with their customers<\/a>. \u201cA POS is a restaurant\u2019s connection with their customers, it drives the business growth, but it has to be completely integrated into everything a restaurant does to create a better experience for guests and a better business overall,\u201d Friedman says.<\/p>\n\n\n\n![\"As](\"https:\/\/www.goandgrow.eu\/blog\/wp-content\/uploads\/image-531.png\")
As the restaurant and retail industries continue to grow, so too do their technology needs<\/em><\/figcaption><\/figure><\/div>\n\n\n\nTrade Republic<\/h2>\n\n\n\n
Another German unicorn on our list is Trade Republic. The mobile and commission-free broker provides its customers with a simple and easy way to start investing. It\u2019s an excellent solution for anyone, regardless of financial knowledge or experience, which is why many see it as the most significant rival to the popular stock trading app Robinhood.<\/p>\n\n\n\n
And in its biggest round of funding yet, the company raised $900 million at a $5 billion valuation<\/a>, making it the most valuable company on our list. The company\u2019s co-founder Christian Hecker believes that fintech users still need to trust their apps, which is why Trade Republic has made itself completely compliant with banking laws<\/a>. \u201cIf you want to be the home screen app for wealth, it feels like you should not put your money into somebody who is not a bank…Being a regulated bank, there\u2019s a lot of trust. We\u2019re regulated in the same way as any other bank in Europe. On top of that, we\u2019re independent,\u201d says Hecker.<\/p>\n\n\n\n <\/h2>\n","protected":false},"excerpt":{"rendered":"
The fintech industry continues to make major strides in disrupting traditional financial markets. Fintech startups like PayPal, Stripe, and Venmo all started by bootstrapping their ideas and turning themselves into significant players in the global economy. These startup companies that have grown to over $1 billion in valuation are known as unicorns because they are […]<\/p>\n","protected":false},"author":11,"featured_media":64424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[119],"tags":[103,104],"class_list":["post-64422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-well-being","tag-english","tag-finance-tips"],"acf":[],"featured_image":null,"categories_names":["Financial Well-being"],"category_name":"Financial Well-being","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/64422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=64422"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/64422\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=64422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=64422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=64422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Best-known for its cryptocurrency hardware wallets, Ledger is part of the growing digital asset industry. Ledger recently raised $380 million at a $1.5 billion valuation<\/a>, bringing it squarely into unicorn territory. The company has various hardware wallet options that allow cryptocurrency users to store and access their digital assets securely. Cryptocurrencies continue to be a primary focus of the fintech industry due to their increasing ability to create a more balanced and fair global financial system. Ledger is already on its way to becoming the main cog in the wheel of digital assets through its product offerings.<\/p>\n\n\n\n Ledger CEO Pascal Gauthier noted Ledger\u2019s expansion from its hardware wallet business into crypto trading directly<\/a>. \u201cOur goal is to empower users to buy, sell, swap, borrow, and lend digital assets through the Ledger Live platform, which\u2014when combined with our hardware\u2014offers best-in-class security and a seamless user experience. The results of our Series C round bring us one step closer to this vision.\u201d<\/p>\n\n\n\n After landing $180 million in a funding round led by Chinese giant Tencent<\/a>, Scalable Capital has joined the unicorn ranks. Currently valued at $1.4 billion, the Germany-based company acts as a digital wealth manager, helping consumers manage their assets in an easy-to-use platform. This has led Scalable Capital to garner over 250,000 users and $5 billion in assets on its platform.<\/p>\n\n\n\n The company\u2019s co-CEO and co-founder Florian Prucker sees the demand for retail investment as on the rise<\/a>. \u201cWe see huge demand to invest money in the capital markets instead of leaving it in bank accounts. This comes against a backdrop of record-low interest rates, growing inflation, and a widening pension gap\u201d, says Prucker. \u201cOur clients can access fully managed globally diversified ETF portfolios and\u2014in the same app\u2014self-directed trading in shares, ETFs, cryptocurrencies, and funds. We also provide a market-leading offering of ETF, stocks, and crypto monthly savings plans. We are planning to launch derivatives trading next. We will continue on our mission to make everyone an investor\u201d.<\/p>\n\n\n\n Pet insurance is no laughing matter. Bought By Many has turned this industry on its head after its $350 million Series D funding round, which put its valuation above $2 billion. The company, which was started in London in 2012, didn\u2019t shift into its current market until 2017, when it recognized the need for better pet insurance solutions. Now, it covers more than 500,000 pets around the world through its digital insurance offerings.<\/p>\n\n\n\n Bought By Many\u2019s CEO Steven Mendel recently noted<\/a>, \u201cOur mission is to make the world a better place for pet parents. By creating unique policies, dramatically improving customer experience, and working closely with vets, we have made it possible for pets to be healthier and for them to enjoy longer, happier lives with their owners. We have hit several exciting milestones over the last four years, including our expansion into Sweden and the US, but most importantly we have gained the trust of hundreds of thousands of happy customers.\u201d<\/p>\n\n\n\n As the restaurant and retail industries continue to grow, so too do their technology needs. As a point-of-sale (POS) provider, SpotOn makes it easy for retailers to manage all their payments and transactions. Venture capitalists believe in the company\u2019s business model so much that it led to a $125 million venture-backed round<\/a> led by the well-known a16z. This puts the company firmly in the unicorn realm, with a new valuation of $1.875 billion.<\/p>\n\n\n\n SpotOn co-founder Doron Friedman knows that restaurants and retailers need these solutions to better connect with their customers<\/a>. \u201cA POS is a restaurant\u2019s connection with their customers, it drives the business growth, but it has to be completely integrated into everything a restaurant does to create a better experience for guests and a better business overall,\u201d Friedman says.<\/p>\n\n\n\n Another German unicorn on our list is Trade Republic. The mobile and commission-free broker provides its customers with a simple and easy way to start investing. It\u2019s an excellent solution for anyone, regardless of financial knowledge or experience, which is why many see it as the most significant rival to the popular stock trading app Robinhood.<\/p>\n\n\n\n And in its biggest round of funding yet, the company raised $900 million at a $5 billion valuation<\/a>, making it the most valuable company on our list. The company\u2019s co-founder Christian Hecker believes that fintech users still need to trust their apps, which is why Trade Republic has made itself completely compliant with banking laws<\/a>. \u201cIf you want to be the home screen app for wealth, it feels like you should not put your money into somebody who is not a bank…Being a regulated bank, there\u2019s a lot of trust. We\u2019re regulated in the same way as any other bank in Europe. On top of that, we\u2019re independent,\u201d says Hecker.<\/p>\n\n\n\n The fintech industry continues to make major strides in disrupting traditional financial markets. Fintech startups like PayPal, Stripe, and Venmo all started by bootstrapping their ideas and turning themselves into significant players in the global economy. These startup companies that have grown to over $1 billion in valuation are known as unicorns because they are […]<\/p>\n","protected":false},"author":11,"featured_media":64424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[119],"tags":[103,104],"class_list":["post-64422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-well-being","tag-english","tag-finance-tips"],"acf":[],"featured_image":null,"categories_names":["Financial Well-being"],"category_name":"Financial Well-being","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/64422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=64422"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/64422\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=64422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=64422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=64422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Scalable Capital<\/h2>\n\n\n\n
Bought By Many<\/h2>\n\n\n\n
SpotOn<\/h2>\n\n\n\n
Trade Republic<\/h2>\n\n\n\n
<\/h2>\n","protected":false},"excerpt":{"rendered":"