Fintech companies have completely changed the way people deal with their finances. When I began writing about FintechZoom and its suite of financial aspects, I didn’t expect to get pulled so deeply into the world of finance. But the deeper I went, the more I realised: anyone remotely interested in finance needs to understand what fintech companies are doing.
A few months back, I was in New York, one of the world’s financial capitals and instead of just soaking in the skyline, I set out to meet and research some of the top fintech players based there. The experience was eye-opening.
These companies aren’t just reshaping how we bank, invest, or manage money, they’re building the future of finance. So here are 15 standout fintech companies in New York you should know about in 2025.
📊 Key Stats About the Fintech Scene in New York
1. New York City is home to over 1,000 fintech startups out of which 20% have unicorn status (startups valued at $1B+). (Crains New York)
2. The number of companies in the cryptocurrency and blockchain sector has grown by 106% since 2016, increasing from 110 to 338. (Exploding Topics)
3. The FinTech Innovation Lab has supported 270 early-stage fintech companies, collectively raising $2.7 billion in funding. (Startup Genome)
4. Fintech companies in New York cover multiple areas such as mobile banking, insurance, wealth management, and asset management. (Startup Genome).
5. Worldwide fintech investment decreased by 20% in 2024, totaling $43.5 billion compared to $54.2 billion in 2023. (Fintech Futures)
What are Fintech Companies?
Fintech – short for financial technology, refers to companies that use technology to improve and automate financial services.
These firms blend finance with Futuristic tech like AI, blockchain, mobile apps, and big data to make banking, investing, payments, and lending faster, cheaper, and more accessible. Some of the key features that makes fintech a good player in 2025 are,
- Speed & Convenience: No more long bank queues; everything happens in seconds.
- Lower Costs: Fewer middlemen mean cheaper services.
- Financial Inclusion: Reaching the unbanked via mobile-first solutions.
Fintech isn’t just changing money – it’s rewriting the rules of finance.
15 Best Fintech Companies in New York
Now you understand that, any company that uses the latest tech to help people with their finances is considered a fintech company. The top 15 fintech companies New York are discussed below:
Best Fintech Companies in New York
1. Ramp: Smart Spend Management
2. Lemonade: Instant Digital Insurance
3. Alloy: Identity Decisioning Platform
4. Melio: Simple B2B Payments
5. Betterment: Automated Wealth Management
6. Petal Card: Credit Without Credit
7. Chainalysis: Blockchain Risk Intelligence
8. Canoe Intelligence: Alternative Data Automation
9. Candidly: Smarter Student Debt
10. Yieldstreet: Alternative Investment Access
11. Droit: Real-Time Compliance
12. Dayforward: Income-Focused Insurance
13. VettaFi: ETF Data Platform
14. Stash: Micro-Investing Made Easy
15. Boost Insurance: Embedded Insurance Infrastructure
1. Ramp:
Ramp is one of the top fintech companies in USA working in the finance industry. It was launched back in 2019 and focuses on providing advanced financial solutions for individual brands and businesses. Anyone looking for easy-to-use corporate cards and simplified bill payments can use Ramp’s solutions and services.
Ramp covers a range of products, and all of them are designed to simplify the financial situations of companies as well as individual brands. These products include corporate cards, accounts payable, and procurement. The best thing about this company is that it is suitable for both small and big businesses.
Key Services Of Ramp:
- Smart corporate cards
- Streamlined expense management
- Detailed analysis of spending
- Simplified bill payments
2. Lemonade:
One major financial sector that technology is streamlining is the insurance sector. People require advanced solution to have proper insurance services and Lemonade is providing them. It is a New York-based fintech company designed for simplifying the way people deal with their insurances.
Lemonade Inc. is the only one publicly traded and included in the Russell 2000 Index, which tracks small-cap U.S. companies. The company offers a range of services to help renters, homeowners, and pet owners deal with their insurance in an easy way.
Key Services Of Lemonade:
- Renters and homeowners insurance
- Pet insurance
- Term life insurance
- Car insurance
3. Alloy:
A huge risk that businesses face in the financial industry is the fraud committed by identity theft. Many companies and organizations lose a lot of money because of these types of fraud. Alloy is a fintech company that makes sure people don’t have to suffer from these frauds anymore.
It focuses on providing some of the most advanced features to help out with handling fraud that is committed by identity thieves.
This company covers a range of services, and most of them are related to the use of technology for accurate identity decision-making and fraud prevention. It integrates with a number of data sources to automate the whole procedure of customer onboarding as well as transaction monitoring to make sure that suspicious activities are dealt with properly.
Key Services Of Alloy:
- Accurate identity verification.
- Fraud detection and prevention
- Automatic compliance check
- Proper credit decisioning
4. Melio:
Melio is another one of the top fintech companies in New York that is using advanced technologies to simplify financial procedures for companies as well as individuals. The company has been around for a few years now and is focusing on providing simplified solutions for financial payments.
Thousands of businesses are using the services of this company in order to save hours on bill payments in a fast and secure way. The best thing about using Melio’s services is that it provides you with full control over your finances. Using its solutions, make sure that you don’t have to spend a lot of time on manual work and automate the whole payment protocol.
Key Services Of Melio:
- Flexible payment options.
- Send fast and secure payment requests.
- Multiple payment methods.
- Global vendors’ payment.
5. Betterment:
A lot of people require a properly streamlined service that helps them manage their cash as well as advise them on their investments. Betterment is among the New York top wealth management fintech companies. The company has been around for several years and is utilizing some of the best technologies to provide its services.
The company is famous for using different types of algorithms in order to offer personalized financial advice. Besides that, these algorithms also help out with managing a portfolio and investing in great options. The company has been successful in managing billions of dollars for its thousands of customers throughout its working years.
Key Services Of Betterment:
- Automatic portfolio management
- Simplified cash management
- Proper retirement accounts
- Tax-friendly strategies
6. Petal Card:
Another one of the top fintech companies in New York that is helping people with efficient financial management is Petal Card. As the name of the company suggests, it specializes in offering efficient credit card services. Credit cards are something that almost every individual needs to make purchases easily and manage their spending in a simplified way.
Petal Card understands this need of people and offers efficient services in this regard. There are different types of cards that you can subscribe to via this company. Each of them has different specialties and features tailored to the needs and requirements of different people. The best thing about this company is that it has a simple annual fee structure.
Key Services Of Petal Card:
- Multiple credit card offers
- Efficient cash flow underwriting
- Simplified credit building
- Cashback on credit cards
7. Chainalysis:
Chainalysis is one of those fintech startups New York that focuses on advanced finance such as cryptocurrency. It is a blockchain intelligence company that is designed to investigate and understand the risk and security of transactions. Since the company deals in an advanced financial sector, the technology it uses is also very advanced.
It is an authentic company that is trusted by hundreds of customers, including Coinbase and BBVA. Over the years, Chainalysis has helped customers freeze or recover around $11 billion with the help of its deep analysis and research. Because of its expertise, more than 45 regulators from around the world are using its services for protecting customers from security threats.
Key Services Of Chainalysis:
- Multiple blockchain investigation tools.
- Tools for compliance with blockchain rules and regulations.
- Training and support programs.
- Risk management and fraud protection.
8. Canoe Intelligence:
Canoe Intelligence is a thriving fintech company based in the United States that focuses on streamlining data management processes for investment firms. The company is equipped with advanced and intelligent technology that gets things done in a time-efficient way.
♟️ Example: One of its growth examples includes the $36 million Series C funding found from Goldman Sachs. As for the services, the company offers high-quality and efficient solutions to automate document processing and financial reporting for different firms.
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Canoe Intelligence is known for utilizing Artificial Intelligence as well as machine learning to perform multiple tasks. The company has grown a lot in recent years. That is because it secured a huge amount of funding from different sources.
Key Services Of Canoe Intelligence:
- Simplifying data management for investment companies.
- Automated document collection.
- Uncovering hidden insights.
9. Candidly:
Another one of the big top fintech companies New York is Candidly. Just like every other financial company discussed so far, this one also offers some of the top technologies to streamline financial procedures. Candidly is mainly focused on simplifying education-related finances, such as student loans.
It’s a very credible company and is trusted by dozens of big companies including UBS and Lincoln Financial. This fintech organization is focused on offering a number of solutions for people. These fintech solutions include student debt solutions, emergency savings, and student loan retirement match.
Key Services Of Candidly:
- Streamlined student debt repayment.
- Financial wellness resources
- Efficient emergency savings management
10. Yieldstreet:
Yieldstreet is another major fintech company that needs your attention. It is basically an alternative investment platform that offers a range of products for income-generating investments. It allows people to access different private market opportunities that are traditionally unavailable to them.
Yieldstreet focuses on using a number of technological solutions to help clients with their investment management. With the help of technology, the company helps diversify the clients’ portfolios and make sure their investments are profitable.
Key Services Of Yieldstreet:
- Funding for legal cases
- Real estate investment opportunities
- Investment opportunities in the arts field
- Investment in the shipping and maritime sector
11. Droit:
Droit is a leading fintech company that is offering its services to help companies handle their compliance with complex regulatory systems. It focuses on providing pre-trade and post-trade solutions to make sure that the company’s clients are completely following the global rules and regulations.
Focusing on rules and regulations in the financial sector is very important. It saves people from financial risks and Droit makes sure it happens in a smooth way. Its sources allow people to make calculated and timely decisions while handling their financial procedures in order to reduce any challenges that can arise due to the lack of compliance with rules.
Key Services Of Droit:
- Automatic transaction evaluation based on current rules.
- Pre-trade and post-trade solutions.
- Detailed regulatory reporting.
12. Dayforward:
Dayforward is a fintech company that focuses on providing simplified solutions in the life insurance sector. The company was launched back in 2019 and has since been helping people with handling their life insurance policies in an efficient way.
One of its main focuses is on protecting its clients’ income until their children have reached the age of adulthood. The company is completely revolutionizing they way insurances are dealt with by both businesses and clients.
Key Services Of Dayforward:
- Income protection life insurance
- Flexible coverage amounts
- Simplified application and management systems
13. VettaFi:
People who are interested in investment advice and indexing are advised to focus on a fintech company called VettaFi. It is a New York-based organization that is helping a lot of people handle their finance-related operations in a simplified way.
With VettaFi, you can access custom indexing services easily. Besides that, the company will help you with using deep data analytics so that you can make better and calculated decisions when it comes to investments.
Another thing that I like about this company is that it allows you to connect with experienced financial advisors directly and learn from their knowledge to make better investment decisions.
Key Services Of VettaFi:
- Custom indexing services.
- Enhanced client engagement via digital marketing solutions.
- Tools and resources for financial advisors.
14. Stash:
Stash is another thriving fintech company based in New York that’s worth giving a try. It is a perfect pick for people who are involved in stocks and ETFs. People who do not have a lot of money to invest can also connect with Stash and start building their portfolio.
The company utilizes a range of tech solutions, such as fractional investing. This type of investing allows people to buy small fractions of stocks that are too expensive for them to purchase.
As these stocks grow, the customers will get a profit according to the amount they have invested. Besides that, the company also integrates a Stock-Back debit card, which helps with earning rewards.
Key Services Of Stash:
- Easy fractional investing in expensive stocks.
- Automated smart portfolio.
- Integration of the Stock-Back debit card.
15. Boost Insurance:
Last but not least, Boost Insurance is another growing fintech company that is based in New York. This company is involved in deep technicalities related to building and embedding insurance products. They provide turnkey solutions that help companies launch custom insurance programs. With these solutions, the companies don’t have fully licensed in order to provide services.
The company also focuses on offering an API-based platform. This platform handles different aspects of policy administration, including regulatory compliance as well as capital requirements.
Key Services Of Boost Insurance:
- Advanced turnkey insurance infrastructure
- Embedded insurance solutions
- Compliance with rules and regulations
Final Summary
New York isn’t just Wall Street anymore – it’s a breeding ground for fintech disruption. As I wrapped up my research, one founder told me, “Finance isn’t just about money, it’s about accessibility.“ And after seeing these innovators in action, I couldn’t agree more.
There are dozens of fintech companies New York that are offering their services for clients’ betterment. Each company focuses on different types of financial solutions.
The companies that I have discussed belong to multiple financial sectors and use different tech solutions to provide clients with the best financial services in the market.
