5 FinTech Startups To Watch Out For VCs
CrowdCube is a new startup that aims to raise funds for your startup company from professional investors, equity route and other crowd funding ways.
By using this platform each entrepreneur creates an online pitch explaining their business and what they aim to achieve with the investment.
The Pitch will include 2 key numbers: 1. The Target Amount: the total amount of money they wish to raise and invest in the business.2. The equity offered and the percentage share of the business they are offering in return for raising the target amount.
Entrepreneurs then promote their Pitch to potential Investors. Investors then invest money in the Pitch and over a period of time (60 days is the maximum time available to raise the investment required) investments accumulate until the Target Amount is reached.
Credit Benchmark is a new fintech startup that aims to gather credit risk information from the world’s major global banks and creates consensus credit views.Credit Benchmark allows banks to view their own estimates in the context of a robust industry consensus.
They maximize data quality through rigorous data validation and entity mapping techniques and they protect the security and anonymity of individual contributors through industry-leading secure hosting, data processing and data transmission.
Currency Cloud is a fintech startup that aims to power next-generation enterprises with a transparent, fast, easy-to-use and secure payments engine that will transform the way businesses move money around the world.
WorldRemit is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet.
Money can be received as a bank deposit, cash pick-up, mobile money, or mobile airtime top-up.
Nutmeg is a new fintech startup that aims to build portfolios appropriate to your circumstances and to your specific goals.
First they learn about you, choose investments for you, and then — with your contributions — build the portfolio on your behalf, showing you the results in an intelligent, straightforward manner.
When you first invest with Nutmeg, they ask some simple questions about your assets, liabilities and risk tolerance – all of which help them to make better decisions on your behalf.