Congratulations to portfolio companies MoneyLion, Plaid, and Axoni for being named to the Forbes Fintech 50 list of most innovative fintech companies!
One example is MoneyLion, a “neobank” whose app offers not only free checking accounts, debit cards and paycheck advances, but also managed ETF portfolios. With more than six million users, it’s making a first appearance on the Fintech 50 this year. Another one to watch is Dave, a $1-a-month app whose five million-plus users get help building their credit scores, plus checking accounts with no minimums or overdraft fees. Investors, including billionaire Mark Cuban, have put $76 million into Dave, and it’s already valued at $1.2 billion.