Eight Startups Bringing Economic Empowerment through Fintech Solutions

The Startup Grind Team
Jun 4 · 5 min read

Produced by the Startup Team

Financial Technology, commonly abbreviated as Fintech, is an industry that had been gaining steam for many years leading up to the unprecedented changes of the Covid pandemic, which then made digital payments essential in order for businesses to survive. Fintech offers new kinds of financial services, opportunities, and flexible alternatives that are empowering wider, younger, and more diverse people around the world, giving them more tools to access financial independence than ever before.

These exciting changes have been powered in part by many Startups in our Membership Program who are playing important roles in bringing Fintech solutions to the world. Join us at Europe Conference for an up-close look and the opportunity to increase your impact with a seat at Startup Summit — a half-day Bootcamp with workshops, sessions, Q&As, and separate, intimate networking events for early-stage and growth-stage startups.

As the anticipation for Europe Conference continues to build, here are eight young Startups from our Accelerate Program that are advancing economic empowerment through Fintech.

Eight Startups Bringing Economic Empowerment through Fintech Solutions

Financial projections are a must-have in the business world, but it can often require a lot of tedious work to get them ready and viable. With so much on the line at every major decision, it’s helpful to have services like RMI Insights. Their company automates three statement financial modeling, which allows their clients to turn their financial data into visual projections in minutes as opposed to days.

We’ve all had at least one experience, be it with a restaurant or a small store, where we are getting ready to buy something only to find they only accept cash. In today’s world, small companies are beginning to have access to tools that allow them to be more flexible and convenient for their customers. Paymob Smart Payments is the next big thing, which will allow any smartphone to become a payment terminal in minutes with no attachments or modifications.

The Fintech industry has already been monumental in opening up the stock market to an ever-widening array of new investors, but PredictNow.ai is looking to take things a step further. Using a Machine Learning program, Predictnow allows you to use your stock data to make accurate and useful predictions to inform your trading decisions. With their easy-to-use service, you don’t need to know a thing about programming to get started. Sounds like a company you might consider adding to your portfolio.

Periculum’s vision is to unlock credit for the developing world to accelerate economic empowerment. With a mission to help companies and institutions across Africa, they are well on their way to success. Their machine learning credit solution boasts an impressive 80% default prediction accuracy which outperforms FICO, Equifax, and Trans Union. Yet another example of a young Fintech company helping bring economic growth and liberty to underserved communities around the globe.

In the modern era, subscription-based payments are everywhere and everything. Despite its utility and simplification, it opens up a whole host of new and complicated problems for consumers who often struggle to keep track of every service they subscribe to. Aptap provides a subscription control center, which works with your bank to show you a detailed and organized list of all your subscriptions and gives you the opportunity to easily cancel and compare subscription services in one place.

Investing in real estate has been one of the most popular routes to massive financial success, but it has historically been a route only accessible by those with deep pockets. In the future, however, Real Estate investing will be opened to investors of all kinds thanks to Janover Ventures. Wouldn’t you like to have a front-row seat to hear about how Janover is creating a platform to level the playing field in the real estate market? Better tune in at the Europe Conference on June 28th.

The world has begun to pay closer attention to the disparities so often found around the globe. Afridom has also been paying attention — and they decided to do something about it. Their Fintech Banking technology allows people of African descent to have access to simple, secure, and superb banking experiences. Their mission is to give people of African descent the tools they need to thrive through financial freedom and success.

Profiter.ai may not technically be a Fintech company by their own definition, but we think they deserve some recognition. Profiter is an AI engine for companies. Unlike some others on this list, their focus is on helping companies increase their revenue with predictive intelligence by optimizing inventory allocation. Their software helps produce more profit, awareness, and distribution control. It’s a pretty massive tool that anyone running a business will want to know about. Make sure to register for Europe Conference to see what Proifter.ai is all about.

All eight of these companies along with many more will be part of the Europe conference. You won’t want to miss it. Get your tickets here and come be a part of the action.

For free access to Startup Summit + Europe Conference, click here☝🏽 to learn more about applying to our Startup Membership

Startup Grind

Stories, tips, and learnings from and for startups around…

Startup Grind

Stories, tips, and learnings from and for startups around the world. Welcoming submissions re: startup education, tech trends, product, design, hiring, growth, investing, and more. Interested in submitting? Visit our submission form here: https://airtable.com/shrShpeN89HrzCzOB

The Startup Grind Team

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Stories & strategies curated by the Startup Grind global community. Interested in submitting? Visit our submission form: https://airtable.com/shrShpeN89HrzCzOB

Startup Grind

Stories, tips, and learnings from and for startups around the world. Welcoming submissions re: startup education, tech trends, product, design, hiring, growth, investing, and more. Interested in submitting? Visit our submission form here: https://airtable.com/shrShpeN89HrzCzOB