Vancouver’s Dapper Labs and Trulioo have been named to CB Insights fourth annual Fintech 250, a list of emerging private companies working on groundbreaking financial technology.
“This is the fourth class of the Fintech 250, and it’s also the most international, representing 26 countries. These 250 fintech startups are attacking an incredibly diverse array of financial services opportunities across 19 sectors, including digital banking, insurance, payroll, retail investing, and more,” said CB Insights CEO Anand Sanwal.
“After being named to the CB Insights Fintech 250 last year, the 2020 class saw 17 companies go public and 25 get acquired. They also went on to raise over $25B in additional financing and forged more than 380 new partnerships after being recognized. The Fintech 250 has a history of spotlighting the very best fintech companies, and this year is no different. We’re excited to see how these fintech startups disrupt and transform financial services in the years ahead.”
CB Insights selected the Fintech 250 from a pool of 17,000 companies.
They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.
Two other Canadian companies, all based in Ontario, made the list: venture capital startup Clearco and credit score platform Borrowell.
“We are thrilled to once again be included on CB Insights’ Fintech 250 list among the most innovative and important fintech companies in the world,” said Steve Munford, CEO of Trulioo.
“We believe our world works better when each of us is included, visible and truly seen for who we are. Advancements in fintech are integral to achieving financial inclusion, especially for unbanked populations. We’re proud to provide secure digital identity solutions that increase financial inclusion across the globe.”
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