Here is a list of Top 20 Fin tech Companies in Bay Area for 1st Quarter of 2018


San Francisco, CA

Token’s open banking platform helps banks quickly and cost effectively meets these compliance requirements while also creating opportunities to generate new revenues. In addition to being a turnkey PSD2 compliance solution, Token also offers programmable money capabilities, empowering banks to create revenue from a number of high-value business cases including e-commerce checkout, B2B payments, bill pay, and many more.

Token, Inc., a turnkey open banking platform provider that enables banks to generate revenue from PSD2 (Revised Payment Service Directive), today announced its Series A funding. Funding from major investors including Octopus Ventures, EQT Ventures and OP Financial Group totalled $15.7 million, which together with other investors, brings Token’s Series A total to $18.5 million.



San Francisco, CA

Nonresidents working in the US can have a difficult time taking care of financial obligations like personal loans from abroad. And finding financing to fund a move or other personal expense isn’t always easy. Stilt is one of the few personal loan providers that doesn’t require you to have a green card to borrow: All you need is a valid work or student visa. We take you through what Stilt has to offer, who qualifies and how to apply — to help you decide if Stilt is right for you.

A lot of people cannot get a loan in the U.S. because they don’t have a credit score. They have to pay high interest rates if they want money for things like rental deposits, tuition, downpayment for a car etc. Stilt want to end this hassle.

Based on our experience, we know how difficult it is to get a loan from a bank that solely looks at your credit score and credit history, but not at you as an individual. Stilt, acknowledge your potential and provide you that loan. For individuals without credit score or limited credit history, loan approval process is long and hectic and comes with huge interest rates. Stilt helps reduce this burden on individuals by providing them a loan at lower interest rates.



San Francisco, CA

SizeUp is a Fintech Internet service company dedicated to providing powerful business intelligence. They deliver products either as Software as a Service (SaaS) or as Data as a Service (DaaS) their API.

Today, Sizeup primary customers include banks, government, chambers of commerce, retailers, and small business assistance organizations. SizeUp also has strategic value for implementation in accounting software, online directories, CRM, search engines, online advertising platforms, finance, and real estate.

SizeUp helps clients better serve their small business customers by providing high-quality business intelligence. SizeUp helps small businesses make better decisions through big data.

As a result of SizeUp’s disruptive model of small business intelligence it has become a popular Fintech company.

SizeUp has been featured in numerous media including MSNBC, Forbes, Entrepreneur, Business Insider, cnet news, ZD Net, and many other quality media outlets. As a result of SizeUp’s innovative use of data to help the American economy, service businesses, and create jobs, SizeUp was selected by a jury including Sheryl Sandberg at Facebook, Vint Cerf at Google; Vivek Kundura at; Tim O’Reilly of O’Reilly Media, and others as the 1st place business app to help businesses and grow jobs.

Early users of SizeUp’s technology included organizations such as the United States Small Business Administration (SBA), the President of the United States’ BusinessUSA program, Bloomberg BusinessWeek, Staples, local economic development organizations, and Chambers of Commerce.



Burlingame, CA

Tesorio is a treasury enablement platform that helps every company operate with the foresight of a Fortune 500 finance team. It integrates with your existing financial software, offers insight into your working capital, and provides the ability to directly impact how cash flows in and out of the business.

Companies traditionally prioritize day to day finance operations without realizing that 5-15% of their revenue is tied up in balance sheets. Despite sitting on a wealth of valuable data when it comes to working capital, existing financial software is so clunky that most finance teams resort to downloading reports and managing everything within Excel.

Our role is to enable treasurers to share the influx of ideas they have had bottled up for years and implement their innovations rapidly so that they can get back to contributing to the bottom line, instead of just reporting on it.

Tesorio, a new startup coming out of Y Combinator, doesn’t want you to wait 60 days to get paid money you’ve earned for work you’ve already done. Tesorio facilitates the payment process between companies and their vendors, taking a percent of the savings they generate for companies. The service is free for suppliers, vendors, and freelancers who want to speed up their payments.

When companies use Tesorio to pay their vendors, Tesorio sends an email letting their vendors know their invoices have been approved. Without having to open up a website or an app, you can either opt to take a slightly reduced but immediate payment, or wait 60 days to get paid the full amount.


Trizic, Inc.

San Francisco, CA

Trizic was conceived with a goal of helping the wealth industry preapre for, and implement, digital wealth solutions.

White labeled and enterprise class from the start, Trizic sought to enable, not compete, with our advisor and enterprise customer base. While other companies tried to replace wealth managers with investor-direct robo solutions, Trizic recognized that wealth advisors were critical to successful financial outcomes for their clients. Trizic works closely with advisors, banks, credit unions, broker dealers, and asset managers to leverage technology that supports and enhances a wealth manager’s ability to deliver meaningful results for their clients.

Trizic’s hosted platform was built from the start with the enterprise in mind. Our technology was architect and engineered to deliver cutting edge, end-to-end digital wealth solutions to the industry’s largest, most demanding players.

While private banks have digital wealth requirements similar to traditional wealth advisors, retail banks and credit unions have special needs that distinguish their go-to-market plan for digital offerings. Trizic offers the only platform designed to work seamlessly between private and retail banks. Our team and partners are focused on delivering fully integrated digital wealth solutions for the banking industry.



San Francisco, CA

WeFinance is a platform that helps organize and operate loans between individuals. WeFinance was founded in 2014 based off the beliefs that traditional credit metrics don’t always accurately determine if someone is low risk, and that being in debt isn’t something to be ashamed of. We’ve built the first loan crowdfunding platform driven by our borrowers’ networks and identities. By leveraging their own networks, our borrowers get the rates they deserve from people who have information about their creditworthiness that banks don’t, and leverage that show of trust to get better rates from other potential lenders as well. Our borrowers and lenders strengthen their relationships while keeping all the benefits and interest in their own community.

With WeFinance tell your story to potential lenders in your own words. WeFinancewill guide you through the process, including helping you choose your loan terms. Share your campaign with your community. Their pledges and endorsements help you attract lenders you may not know. Payments to and from your lenders are automatic and free for both sides. Real people in your community read what you write and make their own decisions. In your campaign, you can share credit or salary information, or focus entirely on your future. It’s your story and your choice.

Your loan lands in your bank account after your campaign. Repayments are automatically drawn from the same account. It’s fully automatic whether you have 2 lenders or 20. Earn a return while helping real people. When you lend on WeFinance, you can strengthen existing relationships or build new ones.


San Francisco, CA

Wyre is  leveraging blockchain technology to build the fastest and most cost effective way to transfer money internationally. No strings attached.

Wyre is a team of payment gurus, early adopters of blockchain, product experts, and tech fans. We work together to balance experience and intelligence, with opportunity and innovation. Our goal is to change the future of how international payments are done.

With our same-day transfers, low fees, and payment tracking, Wyre is the best platform for making sure your money gets to where it needs to go.

Wyre payment platform helps you save time and money so you can get back to what you do best.


Palo Alto, CA

Upstart is the first lending platform to leverage artificial intelligence and machine learning to price credit and automate the borrowing process. Upstart has demonstrated strong credit performance1 and maintains one of the industry’s highest consumer ratings according to leading consumer review sites.

In addition to its direct-to-consumer lending platform, Upstart provides technology to banks, credit unions and other partners via a “Software-as-a-Service” offering called Powered by Upstart.

AI/ML-based lending expands access to affordable credit by constantly finding new ways to identify qualified borrowers. Yet the model must avoid unlawful disparate impact, or statistical bias, that would be harmful to disadvantaged groups.

Upstart has demonstrated to regulators that its platform doesn’t introduce bias to the credit decision and has developed reporting procedures to ensure future versions of the model will continue to be fair. In September 2017, Upstart became the first company to receive a No Action letter from the Consumer Financial Protection Bureau (CFPB). The purpose of such letters is to reduce potential regulatory uncertainty for innovative products that may offer significant consumer benefit.


San Francisco, CA

Develop the future of fintech with Plaid, the technology layer for financial services. Plaid enables applications to connect with users’ bank accounts.

Plaid is focused on democratizing financial services through technology. We build beautiful consumer experiences, developer-friendly infrastructure, and intelligence tools that give everyone the ability to create amazing products that solve big problems.

Plaid enables applications to connect with users’ bank accounts. Our technology makes it easy to access high-quality transaction data, validate account ownership, and mitigate risks in a user-friendly way

Powered by Plaid Transactions, Empower helps users take control of their finances by monitoring spending habits and setting goals. When users connect their bank account with Plaid, Empower leverages this transaction data to make personalized recommendations for how to discover savings and pay down debt.


Palo Alto, CA

Wealthfront Inc. is an automated investment service firm based in Redwood City, California, founded by Andy Rachleff and Dan Carroll in 2008. As of August 30, 2017, Wealthfront had more than $7 billion of assets under management.

The company started 2013 with $97 million in assets under management and grew by 450% in one year. In 2013, Wealthfront introduced “direct indexing”, a tax-loss harvesting platform that purchases the individual securities of an investment portfolio. In January 2014, Adam Nash became Wealthfront’s CEO.

Wealthfront is a robo advisor with an emphasis on tax efficiency for taxable accounts, but it also works well with IRAs. It uses Modern Portfolio Theory (MPT) to create an automated asset allocation.

Wealthfront doesn’t hold your portfolio; it uses the Royal Bank of Canada (RBC).

Wealthfront invests in Exchange-Traded Fund (ETF) index funds. They diversify your investment by allocating into many ETFs and continually make sure the asset allocation is correct by automatic rebalancing.


San Francisco, CA

SigFig makes high-quality investment advice accessible and affordable to investors of all wealth levels. Using a combination of design, data science, and technology, SigFig helps empower investors with the information and guidance they need to achieve their personal financial goals. We are proud of our partnerships with the world’s largest and most innovative financial institutions. SigFig helps clients access, and advisors provide, investment advice efficiently with next generation digital experiences. We are powering the future of banking from web, mobile, and at the branch with digital investment advisory services.

SigFig treasures innovation and values beautiful design and simplicity. Our team thrives on the opportunities created by technology. We are a company that creates transparency and acts in the best interest of investors everywhere.

SigFig is a serviceable robo advisor and one that nervous or first-time investors should consider. But for more seasoned investors, there are several better options on the market that offer more services. Still, SigFig has plenty of great features that make it attractive for prospective customers.

To make the most of SigFig,investors can examine their complete portfolio and look at it against an optimized version that the robo advisor suggests. And you can keep rebalancing your portfolio via the Manage Account tool. SigFig will manage up to $10,000 foe free and then charges a 0.25% annual fee after that.


Foster City, CA

Zuora is an enterprise software company that designs and sells SaaS applications for companies with a subscription business model. Zuora’s applications are designed to automate billing, commerce, and finance operations.

Zuora creates cloud-based software on a subscription basis that enables any company in any industry to successfully launch, manage, and transform into a subscription business.

Zuora’s subscription management technology is designed to meet the needs of your modern subscription business. Now you can quote, order, bill, recognize revenue, report, and automate the entire customer lifecycle from a single platform.  Zuora is an end-to-end subscription management hub for your order-to-cash process.

Zuora’s revenue growth accelerated in the most recent period, with the company recording $168 million in revenue for its January-ended fiscal year. That was up 49% from a year earlier. The company’s losses grew as well, however. Zuora lost $1.78 per share in its latest fiscal year, a steeper loss than the $1.68 it posted a year prior.


San Francisco, CA

NerdWallet is a SF base personal finance website that helps people make and manage financial decisions by comparing various products available from various banks and insurance companies.

NerdWallet, Inc. builds online tools that provide information, insights, and consumer-driven advices about personal finance to consumers. Its tools help consumers to navigate and get clarity about their personal finance decisions in the areas of credit card, banking, mortgage, insurance, loan, investing, small business, healthcare, education, and shopping aspects. NerdWallet, Inc. was formerly known as KSquared Capital Management, LLC. The company was founded in 2009 and is based in San Francisco, California.


San Jose, CA

Ondot provides solutions for issuers to put cardholders in control of when, where and how their cards can be used through their smartphone.

Ondot Systems is the global leader in powering mobile payment services, serving over 3,000 financial institutions across four continents. The company’s real-time platform, built upon an API based services oriented architecture, gives financial institutions a competitive edge by increasing mobile engagement and empowering their customers to personalize, manage and control how payments are made in today’s world of always-on digital commerce, resulting in higher usage of payment instruments while lowering fraud incidents.


San Francisco, CA

Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes, including fraud prevention, and subscription management. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Founded in 2010 Fintech company in San Francisco Bay Area, Stripe ( is a web application that allows merchants to accept credit card payments through their websites. The service is particularly tailored to merchants with web development skills who want to customize it according to their specific payment needs, and its capabilities include billing on a recurring basis, accepting bitcoin, and facilitating payments on marketplace-style platforms. Stripe is similar to Braintree Payment Solutions in that it does not charge any setup fees, monthly fees or monthly minimum charges. Interestingly, the company has also received investment capital from the founders of another competitor, PayPal. Stripe was founded by brothers John and Patrick Collison, and Patrick currently serves as the company’s CEO.


San Francisco, CA

The AutoFi platform is the first online point-of-sale solution for auto finance. It allows customers to purchase and finance a car completely online, either through a dealer’s website or an in-store digital experience. The company recently announced the world’s first online car sales and financing solution for new car dealers in partnership with Ford Motor Credit.

Based in San Francisco Bay Are this Fintech company is transforming the way cars are bought and sold. The company’s platform allows auto dealers to sell cars completely online by connecting buyers with lenders in a fast, easy and transparent process. AutoFi’s team includes industry leaders from enterprise software, finance, automobile and consumer sectors who previously worked at companies including Lending Club, PayPal, and SunGard. AutoFi’s investors include Ford Motor Credit Company, Crosslink Capital, Lerer Hippeau Ventures, Laconia Capital Group, Basset Investment Group, Eniac Ventures, 500 Startups and Silicon Valley Bank.


San Francisco, CA

Ripple is a centralized real-time gross settlement system, currency exchange and remittance network created by the Ripple company. Ripple a Startup Fintech in Bay Area connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one frictionless experience to send money globally.

Ripple is trying to revolutionize payment systems through its platform. They described the current banking system as “slow, limited in transparency and expensive”. And therefore claim that it is also inadequate as a Global Payment System. Their idea is to reduce these barriers of entry to enable global payment to become a truly worldwide activity. And so RippleNet was born.

Talk is cheap, but Ripple has been able to deliver on their promises by partnering with some of the most successful investors in silicon valley, as well as multiple international banking institutions, regulators, and leaders in technology, such as Google and MIT.


San Jose, CA

Openbucks, a startup Fintech company in Bay Area is creating what they’re calling a ‘universal payment network’, that lets you use gift cards to buy goods and services online — in other words, you could use your Subway gift card to rent a movie, or buy some virtual goods.

To do this, the company is partnering with brands — they have six to start, including Subway, CVS, Circle K, Sports Authority, Hess and CITGO. If you buy one of these gift cards and head online to a supported site, you can use the card to purchase digital goods. You can spend whatever value was stored on the card — there’s no exchange rate that depends on where you bought it. You enter the number on your gift card, hit submit, and you’ll get a receipt for the transaction, just like if you had used a credit card.

Openbucks Corp. operates a gift card payment network that enables the users to purchase digital goods online. The company offers solutions for online retailers and merchants. It offers gift cards that can be used at various gaming and e-commerce sites in the United States and Canada. The company was incorporated in 2011 and is based in San Jose, California.

chime-logo-top20-fintech-companies-bayareaChime Bank

San Francisco, CA

Chime is a mobile-only bank that offers a checking, or “spending,” account and a savings account that grows effortlessly. When you buy something with your bank card, Chime rounds up the amount to the nearest dollar and deposits the difference in savings. Chime has no monthly fees or overdraft fees, but it offers minimal interest rates. And checks and cash can be difficult to deposit.

Without monthly fees or overdraft charges, Chime  tries to appeal to the millennial generation, touting its affordability and easy-to-use app. Since launching in 2014, Chime has signed up 500,000 customers, who are typically in their late 20s and making between $50,000 and $70,000 per year.

Chime’s business was built on the principle of protecting our members and helping them get ahead. That means we don’t profit off of you. We profit with you: every time you use your Chime debit card, we earn a small amount from Visa (paid by the merchant).



San Francisco, CA

Healthcare costs have been and will continue to rise. People need better ways to save for their future healthcare expenses without sacrificing quality of care today. Lively was started to help consumers optimize their healthcare spending, maximize their savings, and better their livelihood.

Lively’s Health Savings Account platform is enabling individuals to optimize their healthcare spending, maximize their savings, and better their livelihood. Lively, Inc. owns and operates a payment platform that optimizes consumer healthcare spending. The company was founded in 2016 and is based in San Francisco, California.

Lively is a Health Savings Account (HSA) platform for employers and individuals. A 401(k) for healthcare. We created a beautifully designed software with a simple and intuitive user experience to help you get the most out of your HSA. Lively HSAs works alongside high deductible health plans to make healthcare easier for everyone.

Lively provides employers and employees a paperless and digital way to manage their health savings account this includes simple easy sign up (less than 5 minutes), payroll syncing, and transparent pricing.

Lively is not a bank but has all of the benefits of one.


San Francisco, CA

Legalist is a small, fast-growing fintech startup disrupting a $3 billion new asset class. It invest in lawsuits using cutting-edge machine learning technology trained on over 15 million court records. Legalist is the first quantitative investment firm to invest in litigation.

Legalist, is looking to make money from the practice of bankrolling lawsuits. The startup plans to fund those that it calculates has a chance to win. Legalist is only going to focus for now on business-tort cases. She used an example of a small bakery that had a water pipe burst in 2014 and has been locked in a lawsuit since then. The insurance company is trying to drag it out, she said, and with money running out, a lawyer could look to Legalist for help funding the remainder of the case.

Legalist has invested $75,000 in one case so far, with a predicted potential for a $1 million verdict. The amount Shang expects her company will invest in a case is between $50,000 and $500,000. It hopes to get up to 50 percent of any award or settlement.
The company applies 58 variables that are good predictors of how a case will turn out, based on analysis of 15 million cases it studied in 10 states, including Texas, New York and Massachusetts (but not California yet).

“One of the biggest predictors of case outcome is the presiding judge and one of the biggest predictors of length is the number of cases that judge is concurrently working on,” Shang said.(Legalist cofounder)

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