Best Fintech Companies in New York: Top List And Insights (2025)

By
Himani Verma

New York City is home to more than 1,000 Fintech startups, at least 20 of which have become unicorns. One of the fastest-growing areas within Fintech is Cryptocurrency and Blockchain. According to Startup Genome, the number of companies in this sector has grown by 106% since 2016, increasing from 110 to 338. Here are the best fintech companies in New York, a list exclusively updated for 2025.

Best Fintech Companies New York

Table of contents:

  • Introduction
  • Fintech growth in New York City: Leading accelerators and innovation hubs
  • Best Fintech Companies in New York
  • Fintech companies’ jobs in New York
  • The growing role of fintech app development companies
  • Final thoughts 

New York City has long been known as the home of some of the world’s most powerful financial institutions, and it is now also becoming a leader in financial technology (Fintech). In late 2021, the well-known investment firm Andreessen Horowitz announced that it was opening a new office in the city. The firm stated, “New York has long been the financial capital of the world, and there’s no question it will become the fintech capital too.” 

So what are the best fintech companies in New York?

The Fintech sector in New York City is expanding rapidly, with many companies reaching important milestones. Several startups in mobile banking, insurance, wealth management, and asset management have either launched on the stock market (IPO) or become unicorns (companies valued at over $1 billion) in recent years. 

Some examples include insurance startup Lemonade and personal finance app MoneyLion, both of which became public companies in 2021. Other major players include blockchain security firm Chainalysis and corporate finance platform Ramp, both valued at around $4 billion.

Fintech growth in New York City: Leading accelerators and innovation hubs

New York City’s long history as a financial centre, especially with Wall Street, has made it the best place for new Fintech startups to grow. Well-known financial institutions actively support these young companies through special programs. One such program is the FinTech Innovation Lab, which helps early-stage startups develop and succeed. This top accelerator program was co-founded by the Partnership Fund for New York City and Accenture. So far, it has supported 270 early-stage Fintech companies, which together have raised $2.7 billion in funding.

Another important Fintech initiative is Rise, which was created by Barclays. This platform provides a space for startups and growing businesses to work together and connect with Barclays’ network. It also runs programs specifically to support female Fintech founders.

In addition, at the end of 2021, the Federal Reserve Bank of New York launched the New York Innovation Center. This centre focuses on helping the central bank develop new financial products and solutions.

Best Fintech Companies in New York

  1. Betterment: Betterment, established in 2008, is a prominent platform in automated investing and wealth management. It offers algorithm-driven financial advice tailored to individual goals, assisting users in optimizing returns while managing risks. Betterment introduced goal-based investing, providing features such as retirement planning, tax-loss harvesting, and diversified portfolio management. As of 2024, the platform manages over $33 billion in assets, serving a wide range of clients, including individual investors and businesses. Its user-friendly interface and competitive pricing have made wealth management more accessible, democratising financial planning and investment solutions. Additionally, Betterment offers services like Betterment for Business, designed for company-sponsored retirement plans, and Betterment for Advisors, which supports financial professionals.
  2. OnDeck: Founded in 2006, OnDeck has transformed small business lending by streamlining the application and approval process. The company specialises in providing short-term loans and lines of credit to small businesses, utilising advanced data analytics and machine learning to swiftly assess creditworthiness. OnDeck has funded over $13 billion in loans to businesses globally, becoming a trusted resource for entrepreneurs seeking quick access to capital. Its key products include the OnDeck Term Loan, offering up to $250,000 in funding, and the OnDeck Line of Credit, providing businesses with flexible financing options up to $100,000. OnDeck’s technology enables loan approvals within hours, catering to businesses across various industries that may face challenges with traditional financing methods. This innovative approach empowers small enterprises to thrive in competitive markets, solidifying its role as a crucial player in the fintech lending space. 
  3. Axoni: Established in 2013, Axoni is a leader in blockchain solutions tailored for financial institutions. The company focuses on distributed ledger technology (DLT) to enhance the efficiency, transparency, and accuracy of post-trade processes. Axoni is renowned for its work in equity swaps and its flagship product, AxCore, which powers financial applications with secure, scalable, and real-time data-sharing capabilities. The company has collaborated with major banks, asset managers, and infrastructure providers, facilitating billions in transaction value. Axoni’s contributions to automating and streamlining post-trade workflows position it as a critical innovator in modernising capital markets.
  4. YieldStreet: Launched in 2015, YieldStreet is a platform that offers individual investors access to alternative investments beyond traditional stocks and bonds. Its portfolio includes real estate, art financing, private credit, and legal settlements, enabling diversification for retail investors. YieldStreet operates with a mission to democratise institutional-grade investment opportunities. As of December 31, 2024, the platform has facilitated over $4.79 billion in investments, with $2.3 billion returned to investors and a net annualised return of 9.6%. Its curated investment options and transparent fee structure make it an attractive choice for those aiming to diversify their portfolios.
  5. Riskified: Founded in 2012, Riskified utilises artificial intelligence to protect e-commerce businesses from fraud. The platform analyses transactions in real-time, distinguishing legitimate customers from fraudulent activity, thereby reducing chargebacks and increasing conversion rates for merchants. Riskified processes transactions worth billions annually, serving clients across industries such as fashion, travel, and electronics. Its flagship services include Account Protection, Chargeback Prevention, and Payments Authorisation. By ensuring secure and seamless transactions, Riskified is revolutionising fraud prevention in the fintech industry.

Note: You can visit this article to learn more about “Top 10 New York Fintech Companies” 

Fintech companies jobs in New York

The fintech sector is one of the fastest-growing industries in the world, creating many job opportunities for professionals with different skill sets. As technology continues to be used more in financial services, fintech companies hiring has become a regular trend. These companies offer a wide variety of roles for people who want to progress in their careers within this fast-changing industry. 

In 2024, fintech emerged as the leading category within UK financial services for job openings, with a projected 37% increase in vacancies compared to the previous year. The capital has witnessed a 61% year-on-year rise in fintech job openings from January to April 2024. Notably, 67% of these roles are based in London, marking the highest share in five years.

Why work in fintech?

Fintech combines finance and technology, addressing challenges such as digital payments, lending, insurance, and wealth management. The demand for innovation in these areas has led to a surge in fintech companies hiring professionals with expertise in software development, data analysis, regulatory compliance, and marketing.

Working in fintech offers exposure to cutting-edge technology and an opportunity to contribute to transformative projects. The industry’s focus on customer-centric solutions creates a rewarding work environment for those eager to solve real-world problems.

Popular job roles in fintech companies

Fintech companies offer a range of roles catering to various skills and experience levels. Some of the most sought-after positions include:

  1. Software Engineers and Developers: Professionals in this field design, develop, and maintain platforms that facilitate financial services such as mobile banking, payment gateways, and trading applications.
  2. Data Analysts and Scientists: These roles involve analysing large datasets to provide insights, improve decision-making, and enhance customer experiences.
  3. Compliance Officers: Regulatory compliance is essential in fintech. Compliance officers ensure that companies adhere to relevant laws and regulations, mitigating risks.
  4. Marketing and Product Managers: Marketing professionals promote fintech products, while product managers oversee the development and enhancement of financial technology solutions.
  5. Cybersecurity Specialists: With the growing reliance on digital platforms, fintech companies require specialists to safeguard sensitive financial data from cyber threats.

Future outlook

The UK’s fintech sector is poised for continued growth, with projections indicating a compound annual growth rate (CAGR) of 16.1%, potentially reaching a market size of USD 45.6 billion by 2032. This expansion is expected to further drive demand for skilled professionals, particularly in technology, risk management, and compliance roles. Many fintech companies hiring post job listings that detail their requirements and application processes. Additionally, participating in fintech-related events and forums can help professionals connect with potential employers.

The growing role of fintech app development companies

Fintech app development companies play a pivotal role in shaping how businesses and consumers access and manage financial services. These companies specialise in creating innovative applications that simplify payments, loans, investments, and other financial activities through user-friendly platforms.

Fintech app development companies design and deliver applications tailored to meet the unique requirements of financial institutions, startups, and end-users. These applications are often developed to address specific needs, such as digital banking, personal finance management, or cryptocurrency trading.

Key offerings include:

  1. Custom application development: Companies create bespoke fintech apps for businesses, integrating features like secure payment gateways, loan calculators, or budgeting tools.
  2. Blockchain solutions: Blockchain technology is increasingly used to ensure secure and transparent financial transactions. Development companies incorporate blockchain to build apps with features such as decentralised ledgers and smart contracts.
  3. Mobile payment solutions: Fintech app developers specialise in applications that facilitate seamless payments, including peer-to-peer transfers, QR code payments, and contactless systems.
  4. AI and data integration: Artificial intelligence and data analytics are widely implemented to enhance decision-making and offer personalised financial solutions to users.

Leading fintech app development companies

Here are five notable companies known for their expertise in fintech app development:

  1. ArcTouch: ArcTouch develops custom fintech apps with a focus on user experience, blockchain integration, and AI-driven solutions. They work with startups and established financial institutions to deliver scalable applications.
  2. Toptal: Toptal connects businesses with a network of expert developers and designers who specialise in fintech app development. Their platform allows clients to create custom teams for their unique project needs.
  3. MindSea: MindSea designs user-centric fintech applications, focusing on functionality and design. They offer services from initial strategy to post-launch support for financial institutions and startups.
  4. Andersen: Andersen provides end-to-end development for fintech apps, including mobile banking, digital wallets, and investment platforms. Their expertise includes blockchain technology and compliance integration.
  5. OpenGeeksLab: OpenGeeksLab specialises in developing financial applications for mobile and web platforms. They emphasise security, performance, and seamless user experiences in their projects.

Final thoughts 

New York City continues to strengthen its position as a global leader in fintech innovation, thanks to its growing network of startups, accelerators, and development companies. The city’s strong financial background, paired with advanced technology and supportive programs, offers a great environment for fintech companies to thrive.

The rise of fintech app development companies has greatly transformed the industry, providing custom solutions that improve user experiences and simplify financial processes. At the same time, the need for skilled professionals in fintech is increasing, offering many job opportunities in different fields.

With its mix of financial knowledge, technological progress, and collaborative innovation hubs, New York City is leading the way in shaping the future of financial services. This makes it an exciting place for businesses, developers, and job seekers. The growth of fintech is set to continue, bringing significant changes to how financial services are delivered and used worldwide.

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