The best young Fintech startups are disrupting commerce, banking and investing

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  • Insider asked over 40 top fintech investors to name the most promising fintechs.
  • Investors highlighted startups that didn’t raise more than one Series B.
  • Here are the 61 most promising fintechs.

Even though fintech funding has fallen to one of its lowest levels since the start of the pandemic, investors are still seeing bright spots in the sector.

Insider asked 43 investors – including those from Bain Capital Ventures, Lightspeed Venture Partners and QED Investors – about the most promising fintechs to watch. The startups that were nominated included a mix of investor holding companies and companies in which they have no financial interest. A total of 61 startups that did not raise beyond a Series B round were identified.

As was the case last year, the majority of appointees work with other businesses, not individual consumers. Many investors have noted that B2B startups are one of the biggest bright spots in the industry as businesses and financial institutions continue to streamline processes and cut costs where they can.

Fintech has been hit hard by the economic downturn. Global fintech funding fell to $20.4 billion in the second quarter, down 46% from a year ago, according to data from CB Insights. This represents the lowest level of funding for the fintech since the last quarter of 2020, as venture capitalists pulled out amid the looming recession and public market volatility.

Among the B2B fintechs on the list, infrastructure and payments were popular areas of focus, with many companies also looking to facilitate access to digital assets. Investors also named financial advisory apps, lending services and digital banks on the more consumer side of fintech.

Discover the 61 fintechs identified as the most promising by the best investors.