December 15, 2015
New York is rapidly growing as one of the world’s hubs of innovation. Some of the hottest FinTech startups are represented in New York and new entrants can find endless opportunities in the global trading center. The LTP team has been following the development of the industry and some of the most notable FinTech companies represented in the city.
For FinTech startups and bright entrepreneurs looking to explore New York as the base to disrupt the industry, it’s important to understand the landscape and know the players. Here are some of the hottest FinTech startups and more established companies operating in New York in addition to those who are based in the city.
The New York FinTech industry has companies working in a variety of sectors. Lending, marketplace, investment management and trading are denser than others, which create more opportunities for startups aiming to enter into sectors such as accounting, insurance and payments. Let’s look closer at some of the hottest FinTech startups based in NYC.
The company improves the way startup employees are paid by unlocking the value of their equity compensation in a way that benefits all key players: the shareholder, the company and the investor. EquityZen is backed by leading venture capital investors like Dave McClure's 500 Startups, WorldQuant Ventures, sovereign wealth funds, family offices, wealth managers, and influential investors from finance, venture and law around the world.
SecondMarket provides software for streamlining complex private securities transactions. Since 2013, SecondMarket has closed over $2.5 billion in transactions. SurveyMonkey, Sonos and Kabam are among the company’s clients. SecondMarket has raised $32.4 million from investors like FirstMark Capital and The Social+Capital Partnership. The company also runs The Bitcoin Investment Trust. On October 22, 2015, SecondMarket announced that it has been acquired by NASDAQ.
SeedInvest is powering startup which invests through its premiere equity crowdfunding platform that connects venture capital, angel investors and accredited investors. The platform connects more than 14,000 investors to highly vetted startups without charging investor fees or carried interest. SeedInvest sources deals from top incubators, accelerators and venture ...