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Bank Startup Ideas

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A startup that uses artificial intelligence to help prevent fraud in payments. It’s an API for banks and merchants to check if accounts are being used fraudulently.

215

A B2B company that helps international companies get bank account numbers and routing numbers for their offices in the US.

151

An AI for fraud prevention for banks.

146

This startup wants to build a new type of credit card for the underbanked, especially in developing countries. It takes the form of a prepaid card and is available in any currency. Given the lack of banking options in many such countries, the startup sees a lot of potential for growth.

142

A credit card that is funded by users rather than banks, with a cap on monthly spending.

134

This startup’s algorithm is designed to find and cancel fraudulent payments, automatically. It’s free for merchants to use, and they’re aiming to partner with processors and banks.

125

A startup that wants to create a “socially responsible” bank account for people who want to support causes they care about.

124

A digital bank from Italy that gives customers free checking with no monthly fees.

117

 A startup that uses a “virtual bank” to allow companies to get capital without having to go through a traditional bank. It is looking to extend its service to the UK, Europe and Asia.

111

A mobile payments startup that is focused on India, offering a personal loan service to people without bank accounts.

109

A mobile app that helps business reduce expenses by keeping track of how much they spend on things like office supplies, bank fees, and marketing.

109

A startup that wants to help small businesses open up their books to investors and banks. The startup says it’s already raised $3 million and has a team of 12 employees.

108

An online-only, subscription-based service that allows people to buy and sell payments immediately from their bank accounts.

106

The startup is looking to “help people make the switch from their personal funds to a workplace 401(k) retirement plan”, by allowing employers to build automated 401(k) plans for their employees, and giving employees the ability to move their 401(k) funds to their own bank accounts.

106

A credit card for the underbanked. It eschews traditional bank systems and instead relies on direct deposit.

104

A credit card for the underbanked.

103

A software for consumers to share their credit with friends without going through a bank.

100

A cloud-based platform for risk management for banks

99

A startup that wants to help banks with payments in Peru. The startup's co-founder says they have more than 1,000 business accounts as of September.

98

This is an application that lets you set up a credit card and apply for a bank loan instantly, within a few minutes of signing up.

95

An online bank that focuses on serving lower and middle income customers.

95

This startup is building an app that connects farmers with their local food bank. The farmers will use the app to schedule deliveries of food, and the food bank will use the app to get the food delivered to their warehouse. The startup is building the platform with the help of a grant from the U.S. Department of Agriculture.

95

The startup was founded in May with the goal of making banking more accessible in the US.

93

A startup that is helping companies and individuals get debit cards for free when they have banked with their bank for the last 3 years.

93

A company that helps open banking startups with their APIs and developer framework.

92

Polite.com is building on the idea of “time banking” — people who trade their time for other people’s labor. They have a number of products that do this, including a new one that pairs people with tasks and then allows them to track their work.

92

A tool for banks to vet potential borrowers based on their credit score, then offer guidance to help them get approved. “If you have a credit score, we can fix your credit score.”

90

A SaaS tool that helps banks automate their KYC processes by providing a central repository of information. It has already raised $1.5 million.

90

A startup that makes it easy for small businesses to get the financing they need. Pure is a platform that helps businesses build a relationship with banks or credit unions, which can then make lending decisions on behalf of the business without requiring a formal loan.

89

A credit card for people who are underbanked. The company offers a line of credit that doesn’t require a credit check, allowing people to put down as little as $1.

88

If you want a car, the first thing you do is call your insurance company, and then you call your bank. The startup wants to automate this process and allow users to pay for their car insurance online with their bank account. It’s already working with AAA.

88

Provenance is a food tracking app, that has been billed as a startup that’s trying to get food to the same level of transparency as it has in other industries like banking or ride sharing. It’s a bit like the app Just Eat, but for food.

87

A startup that aims to make banking better for the underbanked in emerging markets.

87

A software-as-a-service platform for banks, designed to provide a consistent and comprehensive experience for users and businesses.

87

This startup is building a tool that helps banks manage their exposure to lending to small business.

87

HousingBridge is building a new kind of mortgage broker, which essentially performs mortgage origination services for large banks. The company is headquartered in New York and has offices in Chicago and San Francisco.

86

This startup is building a payment platform to help rural local businesses accept credit cards. The startup is based in the Philippines and has been working with both credit cards and bank-issued debit cards in the country.

86

Aiming to make it easier for people to use digital cash, the startup wants to make it easier for people to pay each other without the need to send money through a bank. They’re working to make digital cash as ubiquitous as a credit card.

85

A company that helps banks with digital transformation. The startup wants to help banks develop their online presence by making it easier for them to communicate with customers.

85

A startup that wants to solve the problem of allowing businesses to accept credit cards and bank accounts in one place. After launching in April, the company is now working on making the process seamless for customers.

84

A startup that helps small businesses get a loan at a traditional bank, at a lower rate.

84

A digital bank account for the Philippines. The startup is currently in pre-launch, and has nearly 200,000 members.

84

A startup that helps businesses in the United States and Europe run their money using shared accounts. It’s a “one-stop shop” for working with multiple banks.

83

A customer engagement platform that helps restaurants, banks, and other businesses engage with customers.

83

A company that builds products that help people understand their finances and save money. It saves customers money in the form of lower interest rates and lower cost of credit, and it pays interest on all savings in a person’s bank account.

83

This startup is building a mobile banking platform that will allow small business to accept payments from their customers easily through their SIM cards.

83

A mobile-first banking app, with a focus on individuals in emerging markets. The startup wants to empower the unbanked in emerging markets.

82

A startup that wants to bring a similar UI to the world of online banking, except that instead of generic banks, the startup offers a wide array of financial products.

82

A platform that links global banks, payment networks and businesses.

82

A startup that uses machine learning to identify fraud and money laundering in transactions between banks.

82

A startup that aims to take the power out of microgrids and put it into the hands of consumers. The startup is working on a battery pack with solar panels that can be installed on the rooftops of homes and offices and be used to supply electricity for a certain period of time, much like a powerbank.

81

A company building software that helps banks manage loans, with a particular focus on reducing the number of payments.

81

A startup that wants to simplify the process of opening a bank account for immigrants.

81

Online platform that helps small businesses access business loans and credit cards from local banks. The startup has raised $2 million from a range of investors.

81

Bizion is a network of companies that provide more than $1 million in annual revenue. Bizion enables companies to have a single point of contact for funding (usually a bank) for their entire business, saving a lot of time and money.

80

A digital bank for SMBs in Latin America, allowing them to have all of their personal accounts in one place.

80

A mobile-first bank focused on small business owners and entrepreneurs.

80

The idea is to make it easier for people to get a loan with a bank account. The startup is looking at offering loan consolidation services.

80

 A data platform that helps detect, prevent, and mitigate fraud on all payments. It works with banks, Venmo, and Western Union.

80

A payment platform for people who want to buy and sell stuff online but don’t have a bank account.

80

 A startup that secures your personal info, especially sensitive information like medical records and bank accounts.

79

This startup is looking to make it easier for the millions of small businesses in the US to get bank loans.

79

The startup is working on a new type of mobile banking that’s mobile-first, and designed to provide easy access to traditional banking services like check deposits, bill pay, and direct deposit.

79

A global payments platform, SendFriend is a virtual bank account and payments platform that allows users to purchase goods and services without a bank account. It’s similar to TransferWise but with a focus on emerging markets.

79

A simple tool for depositing checks at a bank branch and withdrawing money from an ATM.

78

A startup that wants to take the friction out of the process of purchasing a home. Instead of going through a bank, you can do all the paperwork online.

78

A bank account that the founders say is “like a personal investment account with 100x the transparency of other accounts and no fees.” The account is meant to be a savings account for small businesses or freelancers.

78

This startup is building a tool for banks to determine whether their customers are likely to pay back their loans.

78

A Chinese-focused ecommerce platform that was built on the idea that China's economy is less of a free market and more of a controlled economic system. The company is working on a solution to let individuals buy goods without a bank account and without a traditional credit card.

78

A money transfer service where people can send money to family members without having to deal with the banking system.

78

A platform that helps small businesses manage their finances by bringing together all their bank accounts and credit cards into one dashboard for employees, and for employees to request payments.

77

A startup that wants to put a common API between many banks and start to allow consumers to take debit card payments anywhere.

77

A software platform that lets people transfer money between their bank accounts, and their credit cards.

77

A tool to help people in India manage their bank accounts.

76

A B2B service for the financial industry that helps banks identify potential customers and understand their spending habits.

76

A mobile-only bank account for Brazil. A tiered account that allows individuals to pay bills and receive transfers.

76

A startup that wants to help banks and insurance companies manage risk by helping them to get more customers.

76

This startup wants to make bank deposits and withdrawals more efficient by making them more user-friendly and integrating with various systems.

75

A new kind of “bank” for the unbanked, where people can create savings accounts, send and receive money, and borrow short-term from peers.

75

A startup that wants to make the “banking process” easy for millennials. The CEO says that half of millennials don’t have checking accounts, and another third don’t have credit cards. They want to do for banking what Mint did for personal finance.

75

A B2B company that helps banks take advantage of underutilized data in their systems. The company claims its technology can help banks save up to $500m a year.

75

This startup is building a network for the more than 60 million people who don’t have bank accounts — but are still expected to receive a loan, rent payments, or pay utility bills. As a result, they often don’t have access to the basic financial services they need. Envelope lets them become a platform for next-day payment, and offers payment-by-phone for small transactions.

75

Collaborating with organizations like the United Nations and the World Bank, Geotime provides demographic, economic, and climate data in a user-friendly way that’s useful for businesses.

74

A digital bank account for consumers and businesses in Latin America. The startup wants to bring account management to the small and medium enterprises in the region.

74

A software company that aims to help employers and HR departments manage the cost of employee benefits. It aims to make it easier for employers to understand what they’re paying and how to improve it. They’re currently in talks with banks to offer a new product.

74

This startup is building a system that connects banks with their customers via mobile.

74

A startup that helps retailers process payments, and then sends them to the right bank. The team says they’re seeing a lot of traction with retailers in the US and Asia.

73

A digital bank that’s working with farmers and fisherman to get loans

73

A SaaS offering that helps banks integrate their checking accounts with their mobile apps.

73

A way for people to send each other money, for a fee. You can transfer $50 of money to someone without them having to come to a bank. There’s a mobile app that allows people to receive and send money, and an online interface for people to see all their transactions.

72

People are still not taking advantage of the benefits of peer to peer lending in the US, so Peervest is trying to change that through a marketplace that compares the best rates at peer to peer lenders in the US to traditional bank rates.

72

A mobile app that allows users to easily send and receive money. The startup was founded in July and is focused on working with local banks in the US. It aims to get users to use the app to send money directly to their local bank accounts or other people’s bank accounts.

72

A new kind of payments solution that’s an alternative to a bank account.

72

This startup wants to create a new digital currency that’s backed by a bank, and that can be used to pay for transactions in the physical world.

72

A startup for lending to small businesses. The startup makes it easy for banks and investors to lend to small businesses.

72

A startup that helps business owners and entrepreneurs set up corporate accounts and work with their bank from anywhere.

71

A company that helps small businesses open bank accounts, and then allows them to pay employees & suppliers on the go with ease.

71

A startup that lets you send and receive payments with your bank account, but also with your phone.

70

The company is pairing the digital technology used by banks to process payments to the physical elements of a cash machine, such as a keypad and a printer, to create an end-to-end solution.

70

A startup that wants to let you check your bank account online without leaving your computer — and even pay bills — without going to the bank. It’s a bit like Google Wallet, but with banks.

70

This is a startup that wants to help people save money on banking fees by sharing account information with other banks.

70

Fintech company for unbanked and underbanked customers in Latin America and Brazil.

70

A tool that raises money from investors from your current bank account, and then converts it into a hedge fund.

69

A mobile payments startup, focused on helping the unbanked in India, that’s created by a team of MIT grads that previously worked at a mobile payments company.

69

 Startup building software for farmers to help them understand weather patterns and predict crop yields. It also plans to create a bank for farmers, and expand into a larger platform for farmers to exchange information.

69

A payments company that is building a platform to replace your bank account with a mobile app.

68

A solution for companies to streamline the billing process for their customers. Avastas has signed up 20 customers in the past month, including one of the 10 largest banks in the US.

68

This startup is going after the $2.5 trillion PBOC, or People’s Bank of China. A financial technology startup that wants to serve the Chinese populace that isn’t as online-savvy as westerners.

68

Blockchain capital management for SMBs, designed to help them access capital from banks.

68

A cross-platform desktop application that allows users to log into their apps without their credentials and automatically logs them into their bank accounts. The startup is building the company off of Yodlee’s data and wants to build it further into apps like Facebook, Spotify, and others.

68

A company that provides “a complex API that enables companies to identify the right type of person for a job”, based on digital data. It currently has $1.6 million in the bank.

66

A startup that aims to make online payments seamless for millennials and other young people who are not interested in traditional banking It is now part of PayPal

65

A cloud service provider for banks that helps them make better decisions on lending.

64

A tool for helping small companies get loans from banks by simply signing a power of attorney. The startup wants to use its existing network of over 1,000 lending partners to make this happen.

64

A platform that offers financial services, with a focus on the unbanked and underserved.

63

A startup that is building a platform to help small businesses know the best loan options at the best rates. Part of their pitch is that they’re aiming to help people in emerging markets, where banks are more expensive.

63

A tool for managing your personal finance. It’s a one-stop-shop for all your banking and insurance needs, as well as a platform for your investments.

62

A platform that helps accountants and banks collaborate on compliance, and provides a graphical view of the transaction in real-time.

62

A bank account for small business owners that builds off of the popular social network Huddle. The startup is building a way for small businesses to connect with each other and build relationships with banks, suppliers, and other businesses with which they do business.

62

a bank that uses Bitcoin to make it easier for emerging markets to access financial services.

61

Student loans can be expensive, and this startup helps borrowers figure out what their rates are for different banks.

61

A tool that pairs with a customer’s bank account to automatically route money and send bills.

60

A VC-backed startup that is looking to bring financial services to the unbanked in India. The company has started piloting its technology in Chennai and Hyderabad.

60

Zach wants to help people who don't want to use a traditional bank — they don't want to install an app, or they want to use a specific app for different financial needs. Zach is a mobile application that lets you do this, with a free service called Zach Wallet.

60

An employee-owned bank with a focus on small businesses, offering free checking accounts and savings accounts.

59

A startup that’s building a browser-based tool for anyone to create and manage their own virtual or online paperless bank account.

59

A company that helps build technology for banks to provide online banking through telepresence. A few months ago, it was reported that Facebook was looking to invest in VR company Magic Leap to help make this possible.

58

This startup is building a vending machine for the financial sector. It’s an open source vending machine that lets banks and credit unions buy and sell financial products in bulk.

58

This startup is building a software platform to help people, from mom-and-pop shops to large retailers, to accept payments from more than one bank at a time.

57

A new service that lets companies run their own credit card processing, giving them the ability to take cash out of the ATM and sending it directly to a bank account.

57

The startup wants to make it easier for people to invest their money. They’re currently working with a few banks, and their goal is to have a fully working product within a year.

57

A startup that’s building a digital card for people who don’t have credit cards, allowing them to purchase goods without a bank account.

57

A credit card that doesn’t expire for 24 months. The startup is now in the process of getting a bank account and possibly a credit card license in the US.

56

A fintech startup that provides a service that let’s users fund their bank accounts with cryptocurrencies. The startup has raised $18 million in seed funding to date.

56

A venture-backed startup that serves as a marketing platform for credit card and bank data that lets companies run campaigns. It’s also a marketplace for data, where companies can buy and sell their own data sets.

55

A startup that makes it easier for people to get loans from a bank by letting them use their savings accounts to finance their loan.

55

Create a new way for people to get their money from the bank. Give people a way to borrow and pay back small amounts of money to their bank electronically.

55

The company’s target market is the 50 million people in India who have mobile phones but do not have bank accounts. The app uses SMS and a mobile number to allow the user to transfer money into their account.

55

In India, there are millions of small businesses that don’t have a bank account. ManageBharat is a mobile app that helps these businesses manage transactions, pay taxes, and keep their books straight.

55

A B2B startup that aims to solve the problem of processing and logging of data for companies looking to start up a new retail bank. The company says it’s already working with a few banks on prototypes.

55

A startup that helps sales reps in the insurance and banking industries better understand their clients.

55

A platform that connects banks to business customers in the UK, helping them borrow from different banks.

54

SMI (Social Media Intelligence) is a startup at the intersection of social media and data, which helps businesses get insights from social media. It’s helped “more than 15,000 customers” including GE, Ford, and the U.S. Bank.

54

This startup is building a platform for the fintech industry that aims to help banks manage their lending, investments, and risk. The platform was built to sit alongside the CapitalOne API.

54

Tired of paying hefty overdraft fees, this startup wants to make banks obsolete and hand them over to their customers, who can then pay bills and get cash advances directly from their bank accounts.

54

BridgeCoin is a cryptocurrency-based lending platform that is “an alternative to the traditional banking system.”

53

A company that allows employees to set up standing orders and bank payments for their customers

53

A tool for VPs to book travel for their teams. The founders say it’s best suited to larger companies like CPGs and banks, but the idea could have broader applicability.

52

A company that helps to build and maintain the database that banks use to make lending decisions.

52

A platform that will allow users to access their credit scores and other financial information, whether or not they’re currently signed up with a bank.

52

A startup that aims to make it easy for people to do some of the more tedious work of the business finance and accounting, like reconciling bank statements.

51

 A way to streamline the process of getting a loan for a startup (or other company in need of financing). The company provides a marketplace for financing and a loan application, with providers ranging from big banks to crowdlending sites. They’re currently in the process of raising Series A funding.

50

A B2B company that aims to help B2B brands with marketing and sales by leveraging the power of B2B data and CRM technology. They have customers including Royal Bank of Canada and American Express.

50

An API and a mobile app for Paypal. The startup aims to let Paypal users create personal online banking accounts and hold them in one place.

50

A company that uses machine learning to create products that help senior citizens with activities of daily living, such as shopping, banking and making phone calls.

49

A business that wants to create a bank that runs on the Ethereum blockchain. It’s planning to use revenue from that bank to fund the company’s own blockchain development.

49

A startup that helps people get their wages deposited electronically into their bank accounts. They’re using data from the US government’s MyEBT card and are aiming to make getting paid faster and easier for people who are on the edge of the financial system.

48

A startup that's creating a digital bank statement for businesses, allowing them to see and manage all their expenses, payments, and payments receipts.

48

A company that uses Artificial Intelligence to help banks and credit unions make loan decisions, with a focus on fintech and small business.

47

Another digital banking app for Brazil, offering a new way for micro-businesses to manage their financials.

47

Inspired by the Robinhood phone app, a startup wants to build a digital banking app for millennials that will not only give them the ability to check their account balances, but also update and deposit checks.

47

This startup will help banks manage risks by creating a sandbox for fintech startups.

47

A consumer loan app for the unbanked. The startup aims to scale its startup base, paying them to lend to unbanked consumers.

47

A digital bank account for India, with a focus on rural areas.

46

A startup that wants to help banks scale payments using the cloud by letting them use APIs to let others tap into their systems.

46

The company aims to be a “banking for millennials” that offers high-yield savings accounts. It’s a way for younger consumers to build their savings without having to pay a premium for the privilege.

45

A startup that cuts banks out of the process of opening a checking account by building its own app. The startup has a mobile app that would allow customers to log in to their bank, make savings and investment plans, and keep track of their spending.

45

These are tools that help people manage their personal finances — including things like credit cards, bank accounts, budgets, and investments.

45

This is a platform that integrates with your bank account and offers reward points and gift cards to users.

45

A subscription-based service for managing your credit score. The startup is looking to partner with banks and credit card companies to make it easier to monitor your credit.

44

A software company trying to solve the problems with digital payments in developing markets, where mobile banking is still a novelty. The startup wants to provide a solution that’s simple, easy, and secure.

43

A company that’s building tools that send and receive money from people’s bank accounts. Using the software, people can send money to each other and keep an account for receiving payments. The app can be used by anyone in the country, and is available to customers through a bank account in the US.

42

A startup that gives you a way to help manage your finances without having to go to a full-service bank. The startup wants to serve as a more simple way for consumers to manage their finances and wants to be a part of the conversation around empowering consumers.

41

A platform that allows customers to make recurring payments — and keep money in the bank — for things like gym memberships or recurring mortgage payments.

41

A company that provides a free loan to borrowers who have already been denied one from other banks.

41

A startup that manages the billing cycle for restaurants and other service companies, with a goal of reducing the number of times customers have to reconcile with their bank account.

41

A company that’s building a platform where you pay a monthly fee to use a service to manage your contractors. The startup is taking a page from the Automated Clearing House (ACH) system, which lets banks settle payments between banks.

40

A new kind of digital wallet that helps people plan and track their finances, manage their spending, and get support from their bank. The startup wants to be a “one-stop shop for financial services” that includes a portfolio, banking, investing, and insurance.

40

A startup for keeping track of your credit cards and bank accounts, with the goal of making it “as easy as possible for millennials to deal with money”.

40

A digital bank account for Indian startups and SMBs looking to get a loan from non-banks.

39

The startup wants to help companies meet the needs of their customers with a new tech platform that lets users talk directly to their bank services, like the automated teller machines of the future.

39

 A credit card linked to your bank account, like a debit card with your bank’s approval. The card can be used everywhere the bank accepts credit cards. The startup has raised $1.5 million in seed funding from a single investor, Andreessen Horowitz.

38

A business lending platform for small businesses in the UK. The startup connects businesses with lenders at a rate of 5.5% to 8.5%, a much lower rate than banks charge.

38

A startup for finding and booking travel that uses a bank of 5,000 itineraries to provide personal customization. It’s in the phase of becoming a booking site, with a desktop app in development, and a plan to open it up to all users.

37

A B2B “banking for business” startup that helps clients with business banking needs, including payroll, invoice financing, and other financial services.

36

A consumer-facing product that helps users manage their money by giving them access to their bank account and budget, with the help of an AI.

36

A company that allows people to create customized “banking services” for themselves, from getting their paychecks directly deposited to arranging overdraft protection or making payments online.

36

A company that helps companies in developing countries get banking services. They’re currently in talks with several banks in India.

35

A UK-based startup that works with banks and insurance companies to track and manage mobile phone insurance claims.

35

A digital payments application for small businesses that replaces a bank account, credit card, and direct debit. The B2B business uses the same technology that allows a company to charge purchases to a credit card.

35

 A new kind of e-banking system for Latin America, which is designed to improve the experience of active bank customers. The company plans to launch in Brazil in the next few months and expand thereafter.

34

A financial service that helps manage non-bank financial products in Latin America.

34

A startup that wants to build a decentralized banking system. The founders say that banks are creating systems that are too expensive and too clunky to be used, and that the market is underserved — especially by credit cards, which are used by everyone in the world, but for which there’s no good way to transfer money across borders.

34

A new type of loan broker, that uses data science to help banks make better loans

33

 A company that collects data from credit cards to build a predictive model of which cardholders are likely to pay back their debts (and which ones are likely to default). It’s looking to offer a free model to banks for their riskiest customers.

33

A startup that lets you move money between your bank accounts anywhere in the world, including in real time

33

SaaS that brings mobile banking to underbanked businesses, with a freemium model that starts at $20 per month. It offers a mobile app with check-deposit functionality, but also wants to build out a premium platform for mid-sized businesses.

32

The other factor is the service-based nature of B2B companies. B2B companies typically spend on services, such as accounting or legal services. The most common B2B service businesses include accounting, banking, and legal services. B2B marketing startups are therefore more likely to be targeting B2

31

A payment processor for local Malaysian online sellers. It serves as a gateway between sellers and local banks, allowing sellers to deposit funds or make payments into their accounts.

31

A student loan refinance platform. The company is looking to partner up with large banks to refinance student loans.

31

A digital bank for small businesses in Latin America. The startup’s first product is a mobile app for small businesses in Argentina, Brazil, Chile, Colombia, and Mexico.

30

A French startup that wants to bring a more accessible way to access financial services to the unbanked in developing countries. The startup is building a mobile app that connects to the bank account of the unbanked, and then allows them to make international transfers and even cash out to a local currency.

29

A platform for banks to build lending products for small businesses in emerging markets.

29

A new electronic banking system for low-income consumers in Mexico.

29

A digital banking platform for Puerto Rico, bringing a mobile-first approach to the island.

28

A B2B company that allows banks to choose between an AI/ML-driven platform and a human-driven platform for OCR, fraud detection, and other similar tasks.

28

A startup that sells a “tax-only” model for small-scale farmers that would make it easier for them to get credit from banks and sell their produce in the US.

28

A company that wants to automate the process of converting a crypto wallet into a standard bank account over the phone.

28

A “SaaS-based accounting and finance tool for SMBs”. The company offers integrated accounting, payroll, accounts receivable and payable, bank account linking, invoice creation, and expense tracking through its cloud product.

26

A tool that helps you find the best deals on credit cards, bank loans, and insurance, using your personal data to optimize your decision making.

26

A startup that wants to give people the same ability to browse and shop for food that they have in the US. It’s designed specifically for Indian consumers who don’t have a bank account.

25

A “one-stop shop for credit” that aims to help people from underbanked backgrounds to get access to credit. The startup is currently in talks with banks and credit unions to work out a partnership.

25

Building a toolset that lets businesses and people send money to each other without having to give their bank account information.

24

An open banking platform that helps banks understand their consumers.

24

A startup that uses the blockchain to help the World Bank manage the crises in the developing world.

23

A platform for sending money to people who don’t have bank accounts, allowing users to send money to anyone in the world.

22

A text-based banking app that helps users make secure payments, like transferring money into a friend’s bank account.

22

A company that’s building a framework for a fully decentralized digital banking network, a system that would be made up of a network of independent, local banks.

22

A financial app for students that helps colleges accept payments directly from a student’s bank account, instead of charging fees or taking checks.

20

A B2B startup that wants to help banks and other financial services companies automate some of their workflows, so they can focus on products and services.

19

The company is building a decentralized overlay payment platform that helps banks and e-commerce companies to build and manage loyalty programs.

19

A startup that wants to make banking more like social media. The startup is building a “challenging” banking experience that integrates notifications, product recommendations and social aspects. A new way to bank that would be more like checking your Facebook stream for information and then making a purchase.

19

A startup that’s working to solve a problem in the credit card industry is using a partnership with PNC Bank to bring a check deposit service to 100,000 customers.

18

It’s a basic accounting app for small businesses, geared towards non-accountants. It allows users to connect their bank accounts and get a basic accounting system for their company.

18

The startup is working to build a service that will help banks allow their customers to pay bills using their mobile devices.

18

A card for the visually impaired that is integrated into their bank card and ATM rewards, allowing them to save money and access other services.

17

A blockchain startup that wants to help banks determine if a person is a bad risk, based on credit history.

17

A startup that wants to help people clean up their bank accounts and credit card debt by helping them understand their credit report.

17

A financial services system for the unbanked, intended to be much cheaper and less complex than existing options. The startup is building the product for users in India and Nigeria.

16

An investment bank for emerging markets. The startup wants to make it easier for businesses to access capital.

16

The California-based company, which previously had raised $16 million, is selling custom-designed power banks, which are basically portable chargers for smartphones, tablets, laptops, and other devices. The company is selling them through its website but is also looking to partner with retailers to sell them in their brick-and-mortar stores.

16

A digital banking app for the unbanked in Latin America. The startup is building the “first true digital bank for the unbanked”, working on integrations with traditional credit unions and banks.

16

This company aims to create an ecosystem that enables people to earn money by connecting their social networks to their bank accounts.

15

This is a mobile-first banking app for Latin America that wants to help customers manage their credit cards and manage their finances by aggregating and integrating all of a person’s financial data.

15

A “mobile-first, paperless” way to handle banking

15

A banking app for the unbanked in India

15

A B2B company that provides business intelligence to banks.

15

A startup that wants to connect freelance workers with jobs through an AI-powered marketplace. The startup is currently working with Capital One to help the bank recruit independent workers.

15

An AI-driven tool for helping banks detect fraud and other financial crimes, and for the public sector to visualize and understand their finances and data.

15

A startup that has built an app for companies to manage remote workers. It works as a virtual call center. The client can choose to pay the workers via a direct deposit or via their bank account. The startup says that their product is like a landline, meaning that a worker can use it even if their employer doesn’t pay for the service.

14

A platform that helps people with no access to banking services, get small business loans and savings accounts. They’re a nonprofit and are building a platform to help people build their own financial products and have it administered by a bank, thus making it more accessible.

14

A personal finance app for millennials. The company wants to be a “bank for millennials”, providing a no-fee checking account and a way to invest in stocks and bonds.

13

A money management app for the underbanked that allows them to perform all their regular banking tasks in one app.

13

A chatbot that allows bank tellers to handle customer issues with a simple chat interface.

13

This startup is developing a digital bank that will allow consumers to send money between countries with zero fees. The company is building the product for the Nigerian market.

13

Making payments easier for the unbanked, this startup says it is building a crypto-enabled, off-the-grid payment system that will let users send and receive money to their phones.

12

A company that provides a platform for banks to help them better manage their relationships with their customers.

12

A payments startup for small businesses in India, which wants to make it easier for SMBs to accept payments from major banks.

12

An API for the financial sector to allow bank customers to automate banking, track transactions, and have their data centralized

12

A startup that helps credit unions develop an online banking platform.

12

A crowdfunding platform for people who have been denied loans from banks.

12

A startup that allows users to connect their credit cards and bank accounts to their phone, so they can pay through the app using their phone number.

12

A “middleman” for moving foreign currency between banks, the startup will offer a service that automatically transfers a customer’s funds from a U.S. bank account to a foreign bank account.

12

A platform that helps small businesses manage their bank accounts. The company is based in New York, but serves companies in other states and countries around the world.

11

A startup that wants to help banks process payments without relying on expensive and poorly-functioning legacy systems.

11

A small-business loan platform that provides funding for community banks.

11

Another Fintech company looking to bring a bank of tools, platforms, and services to the new generation of the unbanked.

11

A consumer mobile banking mobile app for the developing world. It’s meant to bring mobile banking to consumers in places where banking infrastructure isn’t robust, and where there are often mobile networks that are poor quality or nonexistent.

10

A new kind of bitcoin exchange, where people can buy and sell bitcoin, litecoin, and ether with a bank account.

10

A platform that helps banks manage their relationships with customers, allowing them to create lightweight versions of their own customer relationship management software to increase number of customers they can serve at once.

10

A company that allows users to manage their finances from a single interface, by securely storing all of their bank, credit card, and loan accounts.

9

A company that helps get you a loan from a bank or credit union. The startup uses a crowdsourced approach to identify customers who are in need of a loan, and then gets them in touch with a lender.

8

A platform for the “unbanked” in developing economies, this startup is building software to allow people to get loans and make payments without using traditional banks.

8

A peer-to-peer marketplace to help people find loans from each other. The company is looking to partner with local banks in India to help bring the startup to market.

8

A web-based platform that lets you track your net worth, manage bank accounts, and borrow money from the bank

7

An agreement among the world’s largest banks to offer payments to businesses in developing countries via SMS.

7

A tool for crowdfunding on the blockchain, where the funds are held in a wallet, instead of a bank or payment processor, and can be transferred to multiple investors.

7

A platform for microfinance banks to quickly pull information from the field to monitor clients.

6

 A  company that  builds  a  personal  and  professional  portable  credit  score  for  people  who  have  an  unsecured  credit  card  (UCC)  and  don’t  have  the  equipment  to  install  a  credit  card  reader.  For  the  most  unsecured  credit  card  holders,  commonly  known  as  under-banked,  the  company  will  build  a  simple  and  secure  online  credit  application.

6

A company that helps people manage their money by combining data about your bank accounts, your credit cards, your portfolio, and your investments to provide insights into how you spend money.

5

Micro-loans for the unbanked, with a minimum term of 9 months, a maximum term of 20 years, and a minimum interest rate of 2%. The goal is to offer a lifeline for the unbanked, who often have a hard time obtaining a traditional bank account.

4

This startup is building an app that allows “unbanked” consumers to borrow money from people in their network of friends and acquaintances.

1

This startup is building a real-time platform for banks to coordinate lending and investment by investors.

0

A startup that aims to build a “digital bank vault” for mobile consumers in India. The startup plans to allow mobile users to store funds in their phones in the form of mobile wallets, with secure storage in escrow.

0

A startup that provides a tool where you can enter your bank account, credit card, and brokerage accounts and see how much money you have left to spend before you go over your budget

-1

Idea: A mobile-only banking app to help Latinos in the US save money

-1

Idea: A startup that helps banks and credit unions offer online services to their customers

-1

Idea: A peer-to-peer lending marketplace The startup offers an alternative to traditional banks, which the founders say offer high interest rates, but often have hidden fees

-1

Idea: A B2B company that helps banks and insurance companies clean up their data The startup launched in March 2019 and has already made $2,500 in recurring revenue

-1

Idea: A new kind of digital bank for the unbanked that doesn’t require a smartphone or a bank account

-1

Idea: A startup that helps SMBs in Latin America bring all of their bank accounts into a single UI

-1

Idea: A SaaS CRM for the hospitality industry The company started with $20k in the bank, and by the end of 2015 had $33,000 in recurring revenue

-1

Idea: A B2B company that builds a tool for banks to make it easier to transfer money between their accounts

-1

Idea: A software company that helps banks run call centers more efficiently The company is currently working with two banks in Brazil

-1

Idea: A startup that is working with a major South American bank to help them build a platform for managing their B2B loan portfolio

-1

Idea: A way to help people manage their personal finances and set goals. Users see how much money they have in their bank accounts, credit cards, and brokerage accounts on a single dashboard.

-1

Idea: A customer engagement platform for retail banks. The startup helps banks build online communities that allow customers to chat about products and services from within the bank’s website.

-1

Idea: A startup that helps people manage their finances by pulling in all their accounts from various banks and credit card companies. The company says it is profitable and growing quickly.

-1

Idea: This startup is building an app to help small to mid-sized business in China apply for and receive loans from banks.

-1

A startup that provides a way for companies to sell to customers using chat. The company counts major banks as clients and claims to have a 2.5% conversion rate.

-1

Idea: A startup for individuals to manage their money, which is built on top of a bank account

-1

Idea: A non-profit in Brazil that provides free financial planning to low-income families. The startup works with banks to offer credit to qualifying customers, and works with the family to create a plan for them to pay it back. They already work with 8 banks and offer credit to 300 families.

-1

Idea: A software as a service company that sells an enterprise software platform to manage all of the administrative and financial details of an import/export business. The startup has a special focus on helping small businesses secure loans or payments from a bank.

-1

Idea: A micro-financing company that provides small loans directly to merchants in Kenya. It aims to bring a better online experience to the underbanked.

-1

Idea: A startup that wants to make it easier for the under-banked to get an online checking account. The startup is working with a number of different providers to make sure they have a bank account for the right price, no matter who you are.

-1

Software that could help banks and other businesses prevent fraud by vetting new accounts for risk factors.

-1

A software company that provides a platform for banks to use to enable e-commerce payments on their sites.

-1

A startup that allows you to transfer funds from a card (like a credit card or bank card) to a bank account using an API (application programming interface) instead of a physical card

-2

Idea: Two-factor authentication for banking. The founders say that banks are terrible at protecting their customers’ information, and that they can do a better job with two-factor authentication.

-2

A software company that helps banks and credit unions with their lending process.

-2