// SECTOR DOSSIER
fintech Unicorns
Every fintech unicorn we track — 228 private companies valued $1B or more, tiered by paper valuation. Combined balance sheet myth: $1,354B.
TIER 1 // APEX TARGETS
The Hectacorns $100B+ · 1
TIER 2 // PRIORITY TARGETS
The Decacorns $10B – $99B · 31
- Binance$90BCAYMAN ISLANDS
- Revolut$75BUNITED KINGDOM
- Coinbase$65BUNITED STATES
- Nubank$55BBRAZIL
- Block Inc$45BUNITED STATES
- Alibaba$42BCHINA
- Adyen$40BNETHERLANDS
- Lufax$39.4BCHINA
- Ramp$32BUNITED STATES
- Chime$25BUNITED STATES
- Kalshi$22BUNITED STATES
- Sea Limited$20BSINGAPORE
- Robinhood$20BUNITED STATES
- Deel$17.3BUNITED STATES
- Grab$17BSINGAPORE
- Rippling$16.8BUNITED STATES
- Affirm$15BUNITED STATES
- Klarna$14.6BSWEDEN
- Plaid$13.4BUNITED STATES
- Brex$12.3BUNITED STATES
- Wise$12BUNITED KINGDOM
- GoodLeap$12BUNITED STATES
- PhonePe$12BINDIA
- Checkout.com$12BUNITED KINGDOM
- Toast$12BUNITED STATES
- Bilt Rewards$10.75BUNITED STATES
- Alchemy$10.2BUNITED STATES
- KuCoin$10BSEYCHELLES
- Gusto$10BUNITED STATES
- Gojek$10BINDONESIA
- Ripple$10BUNITED STATES
TIER 3 // STANDING HORDE
The Unicorn Herd $1B – $9.9B · 196
- Toss (Viva Republica)$9.1BSOUTH KOREA
- Rapyd$8.7BUNITED KINGDOM
- Kavak$8.7BMEXICO
- Airwallex$8BAUSTRALIA
- StarkWare Industries$8BISRAEL
- Fireblocks$8BUNITED STATES
- Razorpay$7.5BINDIA
- Carta$7.4BUNITED STATES
- Ola Consumer$7.3BINDIA
- Gemini$7.1BUNITED STATES
- Groww$7BINDIA
- Mollie$6.5BNETHERLANDS
- CRED$6.4BINDIA
- Upgrade$6.3BUNITED STATES
- iCapital$6BUNITED STATES
- SoFi$6BUNITED STATES
- Trade Republic$5.3BGERMANY
- Rappi$5.25BCOLOMBIA
- Blockchain.com$5.2BUNITED KINGDOM
- Hopper$5BCANADA
- Pine Labs$5BINDIA
- Qonto$5BFRANCE
- Wealthsimple$5BCANADA
- Futu Holdings$5BCHINA
- Zepz$5BUNITED KINGDOM
- Pleo$4.7BDENMARK
- Chainalysis$4.2BUNITED STATES
- Bitpanda$4.1BAUSTRIA
- AlphaSense$4BUNITED STATES
- Melio$4BUNITED STATES
- Patreon$4BUNITED STATES
- PAPAYA Global$3.7BISRAEL
- Bukalapak$3.5BINDONESIA
- Mercury$3.5BUNITED STATES
- N26$3.5BGERMANY
- Upstox$3.4BINDIA
- MoonPay$3.4BUNITED STATES
- Tabby$3.3BUNITED ARAB EMIRATES
- CARS24$3.3BINDIA
- Blockstream$3.2BCANADA
- ConsenSys$3.2BUNITED STATES
- TradingView$3BUNITED KINGDOM
- Forter$3BISRAEL
- Wefox$3BGERMANY
- Mercari$3BJAPAN
- DriveWealth$2.85BUNITED STATES
- BharatPe$2.8BINDIA
- OakNorth$2.8BUNITED KINGDOM
- Thought Machine$2.7BUNITED KINGDOM
- Tradeshift$2.7BUNITED STATES
- Pennylane$2.5BFRANCE
- Paytm$2.5BINDIA
- Coda Payments$2.5BSINGAPORE
- Monzo$2.5BUNITED KINGDOM
- Ualá$2.45BARGENTINA
- Paxos$2.4BUNITED STATES
- PolicyBazaar$2.4BINDIA
- Mozido$2.39BUNITED STATES
- Alma$2.3BFRANCE
- Greenlight$2.3BUNITED STATES
- C6 Bank$2.28BBRAZIL
- Acorns$2.2BUNITED STATES
- Bitso$2.2BMEXICO
- Addepar$2.17BUNITED STATES
- Mambu$2.1BGERMANY
- GoCardless$2.1BUNITED KINGDOM
- PayFit$2.1BFRANCE
- Mercado Bitcoin$2.1BBRAZIL
- Jeeves$2.1BUNITED STATES
- Modern Treasury$2.05BUNITED STATES
- Tipalti$2BUNITED STATES
- Chipper Cash$2BUNITED STATES
- Clearco$2BCANADA
- AvidXchange$2BUNITED STATES
- bKash$2BBANGLADESH
- Viva Wallet$2BGREECE
- Zerodha$2BINDIA
- Akulaku$2BINDONESIA
- Clip$2BMEXICO
- Divvy Homes$2BUNITED STATES
- Mynt$2BPHILIPPINES
- Pipe$2BUNITED STATES
- Zilch$2BUNITED KINGDOM
- Firstp2p$2B
- OPay$2BNIGERIA
- Avant$1.98BUNITED STATES
- CoinSwitch Kuber$1.9BINDIA
- Bunq$1.9BNETHERLANDS
- Prosper Marketplace$1.9BUNITED STATES
- Trulioo$1.75BCANADA
- Creditas$1.75BBRAZIL
- Wave Mobile Money$1.7BSENEGAL
- ADVASA$1.7B
- Alan$1.68BFRANCE
- Solarisbank$1.65BGERMANY
- Wayflyer$1.6BIRELAND
- Fundrise$1.6BUNITED STATES
- Alloy$1.55BUNITED STATES
- dLocal$1.5BURUGUAY
- Remote$1.5BUNITED STATES
- Tide$1.5BUNITED KINGDOM
- Ascend Money$1.5BTHAILAND
- Persona$1.5BUNITED STATES
- Ledger$1.5BFRANCE
- Lending Club$1.5BUNITED STATES
- Lakala$1.5BCHINA
- Starling Bank$1.5BUNITED KINGDOM
- KreditBee$1.5BINDIA
- TymeBank$1.5BSOUTH AFRICA
- Tuandaiwang$1.46BCHINA
- M1 Finance$1.45BUNITED STATES
- Chargebee$1.4BUNITED STATES
- Symphony$1.4BUNITED STATES
- Slash$1.4B
- Stash$1.4BUNITED STATES
- Paddle$1.4BUNITED KINGDOM
- OneCard$1.4BINDIA
- Scalable Capital$1.4BGERMANY
- Paidy$1.32BJAPAN
- Feedzai$1.3BUNITED STATES
- Corgi$1.3B
- Konfio$1.3BMEXICO
- eFront$1.3BFRANCE
- Bitget$1.3BSINGAPORE
- Marshmallow$1.25BUNITED KINGDOM
- Incode$1.25BUNITED STATES
- FloQast$1.2BUNITED STATES
- Flywire$1.2BUNITED STATES
- Unit$1.2BUNITED STATES
- Kyriba$1.2BUNITED STATES
- Fair$1.2BUNITED STATES
- Zego$1.1B
- CoinDCX$1.1BINDIA
- Fundbox$1.1BUNITED STATES
- Rain$1.1BUNITED STATES
- YouniteD$1.1B
- Finix$1.1BUNITED STATES
- Flutterwave$1BUNITED STATES
- Tamara$1BSAUDI ARABIA
- Heptagon$1BFINLAND
- Dave$1BUNITED STATES
- FreshBooks$1BCANADA
- Matrixport$1BSINGAPORE
- Zopa$1BUNITED KINGDOM
- Kredivo$1BINDONESIA
- Swile$1BFRANCE
- Taxfix$1BGERMANY
- Payhawk$1BBULGARIA
- Halan$1BEGYPT
- Wacai.com$1BCHINA
- TrueLayer$1BUNITED KINGDOM
- Trustly$1BSWEDEN
- Lydia$1BFRANCE
- WeLab$1BCHINA
- Xendit$1BINDONESIA
- LMAX Group$1BUNITED KINGDOM
- Neo Financial$1BCANADA
- Dunamu$1BSOUTH KOREA
- Papara$1BTURKEY
- Better.com$1BUNITED STATES
- Ajaib$1BINDONESIA
- Moka$1B
- Earnix$1BISRAEL
- Masterworks$1BUNITED STATES
- Ebanx$1BBRAZIL
- Nium$1BSINGAPORE
- Injective$1BUNITED STATES
- Interswitch$1BNIGERIA
- Lunar$1BDENMARK
- MobileCoin$1BUNITED STATES
- MNT-Halan$1BEGYPT
- Nagad$1BBANGLADESH
- Moniepoint$1BNIGERIA
- Rho$1BUNITED STATES
- SmartAsset$1BUNITED STATES
- Spendesk$1BFRANCE
- Tongdun Technology$1BCHINA
- Carro$1BSINGAPORE
- Mendel$1BMEXICO
- MoneyLion$1BUNITED STATES
- Ivalua$1BUNITED STATES
- Lithic$0.8BUNITED STATES
- Homeward$0.8BUNITED STATES
- Parafin$0.75BUNITED STATES
- Belvo$0.7BMEXICO
- Highnote$0.7BUNITED STATES
- Addi$0.7BCOLOMBIA
- Pomelo$0.5BARGENTINA
- Treasury Prime$0.5BUNITED STATES
- Relay$0.4BCANADA
- Aplazo$0.4BMEXICO
- Arrived$0.4BUNITED STATES
- Maxwell$0.4BUNITED STATES
- Reali$0.3BUNITED STATES
- Credit Karma$0B
- Careem$0B