69 Best Bank Startups to Watch in 2025

The Definitive Seedtable Ranking of Bank Startups

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 121 start-ups with an aggregate funding of $26.2b. The average funding per company in this subset is $379.4m.

Last update to the database: Feb 18, 2025. See changelog.

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Chime Bank logo

Chime Bank

A bank offering online banking services with no user no bank fees, and an option to receive direct deposit up to two days early. Chris Britt and Ryan King founded Chime in 2013, and the company is headquartered in San Francisco, California.

6

Funding Rounds

$799.8m

Money raised

N26 (bank) logo

N26 (bank)

N26 is a is a mobile banking company headquartered in Berlin, Germany.

14

Funding Rounds

$2.5b

Money raised

Revolut logo

Revolut

Revolut is a London-based Fintech startup and bank offering mobile banking, card payments, money remittance, and foreign exchange services.

12

Funding Rounds

$1.7b

Money raised

Mercury logo

Mercury

Mercury is a company making banking products for startups based in San Francisco and backed by a16z.

4

Funding Rounds

$126.0m

Money raised

Starling Bank logo

Starling Bank

Starling is an UK-based mobile-first digital banking startup.

10

Funding Rounds

$1.1b

Money raised

Railsr logo

Railsr

Railsr, formerly Railsbank, is a London-based open-API banking and compliance platform that gives regulated and un-regulated companies access to global bankings.

4

Funding Rounds

$118.2m

Money raised

Varo Money logo

Varo Money

Varo is a San Francisco-based mobile banking business allowing customers to pay their bills, cover their expenses and build their wealth.

8

Funding Rounds

$1.0b

Money raised

Rapyd logo

Rapyd

A financial technology company offering a mobile-first platform for payments through a single API and SDK.

14

Funding Rounds

$4.1b

Money raised

Ocrolus logo

Ocrolus

Ocrolus is a solution provider of automated document reviews in the financial services industry.

3

Funding Rounds

$260.0m

Money raised

Signature Bank logo

Signature Bank

Signature Bank is a New York City-based company founded in 2023.

6

Funding Rounds

$1.8b

Money raised

Zopa logo

Zopa

Zopa is a peer-to-peer lending platform founded in 2005 by Giles Andrews.

14

Funding Rounds

$1.2b

Money raised

Kiva (organization) logo

Kiva (organization)

Kiva is a 501(c)(3) non-profit organization headquartered in San Francisco, California.

1

Funding Rounds

$1.0m

Money raised

Monzo logo

Monzo

Monzo is a digital banking platform founded in 2015 by Jason Bates, Tom Blomfield, Jonas Huckestein and Paul Rippon.

16

Funding Rounds

$1.6b

Money raised

Rho logo

Rho

Rho is a New York-based digital banking service for entrepreneurs.

4

Funding Rounds

$94.9m

Money raised

FairMoney logo

FairMoney

FairMoney is a Paris-based start-up which offers micro loans in Nigeria through their mobile, Android app.

4

Funding Rounds

$64.0m

Money raised

OakNorth Bank logo

OakNorth Bank

OakNorth is a financial technology company that enables entrepreneurs access customized mid-sized loans.

8

Funding Rounds

$1.0b

Money raised

Bench logo

Bench

Bench is a company founded in 2012 by Jordan Menashy, Pavel Rodionov, Adam Saint and Ian Crosby.

5

Funding Rounds

$81.0m

Money raised

Credit Kudos logo

Credit Kudos

A company that measures an individual's credit score based on financial behavior. It is located in London, England and was founded in 2015.

2

Funding Rounds

$9.2m

Money raised

Atom Bank logo

Atom Bank

Atom Bank is a digital financial company offering personal and business banking products.

13

Funding Rounds

$1.0b

Money raised

Avant (financial service) logo

Avant (financial service)

Avant is a company operating an online platform providing users access to personal loans. It utilizes big data and machine learning algorithms.

3

Funding Rounds

$359.0m

Money raised

Indifi Technologies logo

Indifi Technologies

India's Indifi Technologies is a tech-enabled debt financing platform for small business with industry-specific financial solutions.

2

Funding Rounds

$460.0m

Money raised

Monese logo

Monese

Monese is an online mobile banking platform founded in 2013 by Norris Koppel.

15

Funding Rounds

$282.6m

Money raised

solarisBank logo

solarisBank

solarisBank is a banking platform empowering finance pioneers. We've built an API-accesible platform to provide companies with modular building blocks to innovate in finance. As a tech company with a banking license, our business model is strictly B2B2C - we're focused exclusively on enabling our partners to offer their end customers world class financial products.

11

Funding Rounds

$759.5m

Money raised

Finicity logo

Finicity

A company offering a suite of APIs for developers working with financial management, payment, and credit software.

4

Funding Rounds

$499.9m

Money raised

Klar logo

Klar

Klar is a startup that aims to democratize banking services in Mexico.

3

Funding Rounds

$142.5m

Money raised

Cross River Bank logo

Cross River Bank

Cross River Bank is a New Jersey-based company founded in 2008.

3

Funding Rounds

$748.0m

Money raised

Aspiration (company) logo

Aspiration (company)

Aspiration is a neobank based in United States offering Personal accounts including a debit card, with all transactions being managed from an iPhone or Android application. Aspiration currently accepts to open mobile bank accounts for residents of United States.

2

Funding Rounds

$182.0m

Money raised

Letter (bank) logo

Letter (bank)

Online bank for high net worth individuals and families

1

Funding Rounds

$125.0k

Money raised

Customers Bank (company) logo

Customers Bank (company)

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. It operates in two segments, Customers Bank Business Banking and BankMobile.

1

Funding Rounds

$74.8m

Money raised

Numerated logo

Numerated

Numerated is a fast-growing, venture-backed financial technology company powering digital transformation of business lending at banks. At the intersection of a changing lending landscape and the on-demand, digital-first economy, Numerated was founded to help banks thrive in the modern lending market and offer businesses the fastest, most convenient way to secure financing. Numerated's end-to-end platform helps banks profitably grow their business portfolios through a powerful combination of real-time lending customer experience, automated credit decisioning, and modern marketing and sales tools. Numerated was developed in 2015 within and for Eastern Bank. After growing Eastern's small business lending portfolio 4X and its rates 2X, the technology was spun-out in 2017 as an independent company backed by fintech leaders Venrock, FinTop Capital, and FIS. Today, Numerated works with growth-oriented banks focused on being leaders in their markets in serving businesses.

8

Funding Rounds

$78.7m

Money raised

Mantl (Techstars '16) logo

Mantl (Techstars '16)

MANTL offers the best Bank Account Opening software for banks and credit unions. Every bank needs to grow - and now they can do it with MANTLï state of the art onboarding system. The best part? MANTL integrates directly with legacy core banking software. In our collective experience building everything from consumer FinTech companies to core banking systems, we saw a rift where new FinTech companies were able to leverage the latest technologies, while banks and credit unions (where most people actually keep their money)tethered to their outdated systems and vendorsstruggled to remain competitive in the digital age. That divide continues today. So, we built a team with deep industry knowledge, and expertise in systems architecture, UI/UX, and data security & analysis to reunite the worlds of banking and technology. Weïre a VC-backed company based in New York, New York City. For more info go to http://www.mantl.com

5

Funding Rounds

$51.0m

Money raised

Branch Messenger logo

Branch Messenger

Branch Messenger is a Minneapolis-based company founded in 2015 by Atif Siddiqi.

9

Funding Rounds

$104.8m

Money raised

Numbrs logo

Numbrs

Platform for managing bank accounts and personal finances.

10

Funding Rounds

$199.2m

Money raised

Memo Bank logo

Memo Bank

The digital account and lending focused business bank running on its own core banking infra Memo bank is designed for growing micro and small SMEs that seek fast onboarding, fully digital banking and quick access to financing Targets SMEs between €2M-€50M revenue p.a. Developed its own core banking infrastructure

3

Funding Rounds

$44.9m

Money raised

NorthOne logo

NorthOne

Northone is a neobank based in United States offering Business accounts including a debit card, with all transactions being managed from an iPhone or Android application. Northone currently accepts to open mobile bank accounts for residents of Canada and United States.

3

Funding Rounds

$23.5m

Money raised

Nav  (company) logo

Nav (company)

A company providing businesses a way to streamline their finances and access new credit lines.

10

Funding Rounds

$180.5m

Money raised

Lenda logo

Lenda

Real estate technology company aiming to streamline the home mortgage process. Lenda was acquired by Reali in April 2019.

10

Funding Rounds

$20.7m

Money raised

SynapseFI logo

SynapseFI

A financial technology company with a focus on technology for banking services.

3

Funding Rounds

$67.0m

Money raised

Ramp Network logo

Ramp Network

Ramp Network is a blockchain company founded in 2018 by Szymon Sypniewicz.

4

Funding Rounds

$134.0m

Money raised

Open (neobank) logo

Open (neobank)

Open is a neobank based in India offering Business accounts including a debit card, with all transactions being managed from an iPhone or Android application. Open currently accepts to open mobile bank accounts for residents of India.

3

Funding Rounds

$110.0m

Money raised

MoneyMe logo

MoneyMe

MoneyMe in three words: fast, safe, simple. We're not too little and not too big - and most importantly, we're all about you. Built on an ethos of innovation, responsibility, and dedication to the customer experience, we're revolutionising the way Australians borrow money. Started by two regular Aussie guys, MoneyMe is worlds away from finance as you know it. There's no hidden fees, fine print, paperwork, or long wait times. When you choose MoneyMe, you're choosing the freedom to access your short term loan, medium loan or personal loan, whenever and wherever you want, giving you control over your finances. Our refreshingly simple yet smart system allows us to connect you to your aspirations faster than ever before. Apply online, or on your mobile today at www.moneyme.com.au! **Please note that the information on this LinkedIn page is not intended as financial advice on behalf of MoneyMe Our awards - FinTech 'Start-up of the Year' award (2016) - Winner - Deloitte's 'Technology Fast 50' (2016) - 2nd place - Australian Financial Review's 'BRW Fast Starters 100' (2016) - Finalist - PwC Aspire Awards 'Start-up disruptor' category (2016) - Finalist - Anthill 'SMART 100' list (2016) - Finalist

1

Funding Rounds

$91.1m

Money raised

Umba logo

Umba

Umba is a financial technology company founded in 2019 by Tiernan Kennedy.

2

Funding Rounds

$17.0m

Money raised

Narmi logo

Narmi

Narmi is a company founded in 2016 by Nikhil Lakhanpal.

4

Funding Rounds

$90.4m

Money raised

Allica Bank logo

Allica Bank

Allica Bank, formerly Civilised Bank, is a London-based neobank focused on serving the needs of small to medium enterprises.

6

Funding Rounds

$401.0m

Money raised

Koho logo

Koho

Koho is a neobank based in Canada offering Personal accounts including a debit card, with all transactions being managed from an iPhone or Android application. Koho currently accepts to open mobile bank accounts for residents of Canada.

6

Funding Rounds

$270.0m

Money raised

MoneySmart Group logo

MoneySmart Group

MoneySmart Group is a Singapore-based company founded in 2009 by Vinod Nair.

1

Funding Rounds

Five Star Business logo

Five Star Business

Five Star provides Small Business loans and Small Mortgage loans to eligible borrowers to meet their business and personal needs, after due underwriting of their cashflows and backed by the collateral of their house property.

10

Funding Rounds

$595.3m

Money raised

SigFig logo

SigFig

SigFig is a San Francisco-based company founded in 2006 by Parker Conrad.

2

Funding Rounds

$65.0m

Money raised

The ID Co. logo

The ID Co.

Platform helping businesses onboard customers using Open Bank data to address credit risk and affordability issues.

1

Funding Rounds

$2.0m

Money raised

Liquineq logo

Liquineq

Liquineq is a cryptocurrency company founded in 2017 by Mike McEvoy, Dan Kikinis, Peter Thoeny, Moti Birger and Shai Aizin.

1

Funding Rounds

Capitalise logo

Capitalise

Capitalise is a London-based provider of white label solutions for automatic monitoring and execution of investors trading strategies.

2

Funding Rounds

$16.9m

Money raised

Halleman Bradley logo

Halleman Bradley

HMBradley is a financial technology company.

3

Funding Rounds

$25.4m

Money raised

Treasury Prime logo

Treasury Prime

Treasury Prime is a San Francisco-based company founded in 2017 by Chris Dean.

4

Funding Rounds

$119.0m

Money raised

Kuda logo

Kuda

Digital bank providing free full-service banking to Africans.

4

Funding Rounds

$68.2m

Money raised

Trustpair logo

Trustpair

Platform that digitizes and automates vendor payment validation to protect against transfer frauds.

2

Funding Rounds

$24.4m

Money raised

Fidor Solutions logo

Fidor Solutions

Fidor Solutions is a company founded in 2007 by Matthias Kröner.

3

Funding Rounds

CRiskCo logo

CRiskCo

CRiskCo is a provider of fraud detection and credit management platform for vendors.

1

Funding Rounds

Envel logo

Envel

Envel is a neobank based in United States offering Personal accounts including a debit card, with all transactions being managed from an iPhone or Android application. Envel currently accepts to open mobile bank accounts for residents of United States.

2

Funding Rounds

$3.7m

Money raised

Bud (company) logo

Bud (company)

Open banking platform allowing users to access data from any financial product.

2

Funding Rounds

$160.0m

Money raised

identitii logo

identitii

Identitii helps financial institutions improve regulatory compliance and reduce financial crime.

1

Funding Rounds

CrossFirst Bank logo

CrossFirst Bank

CrossFirst Bank is a company founded in 2007.

1

Funding Rounds

$16.6m

Money raised

Jiko (company) logo

Jiko (company)

Jiko is a company creating a decentralized platform for personal banking.

2

Funding Rounds

$40.7m

Money raised

Chime Interactive logo

Chime Interactive

Chime Interactive is a company founded in 1993.

1

Funding Rounds

$750.0m

Money raised

gremln logo

gremln

gremln is a company founded in 2011 by Ryan Bell.

1

Funding Rounds

$700.0k

Money raised

Fi.Span logo

Fi.Span

Fi.Span is a Vancouver-based developer of an API for banks to integrate new products and services.

3

Funding Rounds

$19.5m

Money raised

Deposit Solutions logo

Deposit Solutions

A company offering a banking platform for connecting banks and depositors.

4

Funding Rounds

$191.5m

Money raised

Moank logo

Moank

Moank is an artificial Intelligence company founded in 2015 by Gustav Ek.

1

Funding Rounds

$11.0m

Money raised

1

Funding Rounds

$13.0m

Money raised

Mansa (loans for contractors) logo

Mansa (loans for contractors)

Platform providing fair loans to freelancers and gig workers with a genuine user experience.

1

Funding Rounds

$9.4m

Money raised