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FinTech Startups Defining the New York FinTech Industry

New York is one of the hottest FinTech hubs globally and is known to be a notable hub of innovation. For talented entrepreneurs looking to explore New York as the base to disrupt the industry, it’s important to understand the landscape and know the players. The New York FinTech industry has companies working in a variety of sectors. In this overview, we will look at some of the most interesting FinTech companies firing up the financial sector in New York.

Banking/Banking Technology

Moven, formerly known as MovenBank Corp. Ltd., is a mobile-based banking service platform. It provides a real-time mobile money tool that lets users spend money on their mobile device and provides instant feedback on transactions and spending patterns. It also allows users to deposit money in their Moven Account and make payments and withdrawals by using their debit/credit cards.

The Appway Platform allows organizations to develop and operate scalable business applications. The comprehensive platform coordinates processes in a unified digital workspace, promoting collective intelligence and inspiring companies to turn their visions into running solutions.

Axoni provides a distributed ledger blockchain solution for optimization of post-trade data management for credit default swaps, equity swaps and foreign exchange derivatives, implemented in partnership with more than a dozen global banks and financial infrastructure providers. Its service portfolio includes a distributed ledger technology deployments, bespoke smart contract development, and analytics tools.

OpenFin provides runtime technology solutions for financial desktops. It is an open-source software that meets the security and performance needs of real-time financial applications.

Security/Fraud/Authentication

BillGuard is a personal finance security company. BillGuard scans card activity daily and alerts users about hidden charges, billing errors, misleading subscriptions and scams found by others.

Payfone provides businesses Identity Certainty to create easy, secure and frictionless experience across PCs, mobile phones, and tablets. It is a mobile security platform that extends to businesses the same security used by mobile network operators to authenticate and identify subscribers within their mobile networks.

Personetics offers a predictive interaction solution designed specifically for the finan ...

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