The FinTech50 2020

The year 2020 was an exciting time for the fintech sector. Though things were moving fast even before 2020, nobody expected the coronavirus pandemic and its impact on our world.

With millions of people forced to stay home and practice social distancing, the demand for remote services skyrocketed. Though our web and digital needs were growing even before, 2020 accelerated the pace at which technology evolves due to the circumstances.

Businesses that did particularly well in 2020 included couriers and delivery companies that catered to a population that couldn’t leave home. Communication software and other solutions sprang up to support businesses that had to deal with remote work on an unprecedented scale. Even regular daily activities like grocery shopping and visits to the bank moved online in 2020.

Thus, the competition was steep, and our panel of financial experts had more companies than ever to choose from this year. Together, they discussed the brands that made the greatest impact in 2020.

We are pleased to present the companies that made it to the FinTech 50 in 2020.

This year's 50 European fintechs to watch in 2020 were selected from over 2000 Fintechs across Europe by investors in, buyers and champions of innovators in the sector: <our international panel.> 

In this not-business-as-as-usual year, we wanted The FinTech50 to be relevant to the lives and livelihoods of people and business (including, of course, the businesses that many of these innovators serve: financial services). Together, they represent a wide range of services, from helping consumers to save money, to making life (and finance) easier for SMEs and their employees, accelerating digital transformation, bridging centralised and decentralised finance, to addressing climate change. And so much more.

We also wanted to recognise that businesses are at different stages of evolution. So this year's FinTech50 is a FinTech70. Our panel selected a separate Top Ten (ranked from 1-10); a multi-talented 50 (below) and a very Hot Ten of earlier-stage innovators. See also, The FinTech50 Hall of Fame or view previous FinTech50s