We asked some of the top VCs to pitch us on up-and-coming fintechs with one big catch. Here are the 12 they came up with.
- We ask some of the top venture investors to recommend up-and-coming US-based fintechs with one catch: They couldn't suggest companies in their own portfolios.
- We got a wide range of answers, but one common theme was startups that cater to the underserved or unbanked.
Talk to any venture investor long enough and it's likely they'll eventually pitch you on a startup in their portfolio. It's natural for them to want to push companies they're financially tied to and have already thrown their support behind.
So when Business Insider reached out to some of the top venture capital firms to get their recommendations on the hottest up-and-coming US-based fintechs, there was one one caveat: They couldn't have invested in them.
More than a half dozen VC agreed to participate. Their responses included a wide range of fintechs, but one consistent theme across many of the startups was their focus on the underserved and unbanked.
Fintechs see the opportunity in using innovative technology to assist those who have been largely overlooked, or taken advantage of, by traditional financial players.
Here are up-and-coming fintechs VCs recommended.