Check out our updated our Financial Technology sector map for May 2015! We are currently tracking over 1,129 companies in 18 categories across 44 countries, with a total of $19.7 Billion in funding. To see the full list of Financial Technology companies, contact us using the form on www.venturescanner.com.
The companies we’re spotlighting in this update are:
1. Motif Investing (www.motifinvesting.com) – Motif is a online broker targeting retail investors that allows users to buy a basket of 30 stocks that all follow the same theme (or motif, if you will). Themes can include trends (such as buying generic pharmaceutical companies because major drugs are becoming public domain) and trading strategies (such as buying companies that experience a drop in price with no change in fundamentals). The company tracks the performance of all their motifs, and each trade is $9.95. They have also raised $127M to date.
2. peerTransfer (www.peertransfer.com) – peerTransfer provides a payments solution that makes is very easy for international student to pay their university tuition bills using their preferred method and currency. The company establishes a relationship with the institution, then the student can handle everything online. peerTransfer has worked with hundreds of thousands of students from 220 countries. They currently have raised $43.2M.
Venture Scanner enables corporations to research, identify, and connect with the most innovative technologies and companies. We do this through a unique combination of our data, technology, and expert analysts. If you have any questions, reach out to firstname.lastname@example.org.