Introduction: the US fintech industry & financial services landscape in 2025
Every year, we publish Mobile Reality’s prominent annual fintech ranking—a data-driven look at who’s genuinely breaking through in financial services, not just trending on social. In 2025 we’re expanding the series you might already know from our UK and EU editions this year, and from our US rankings in 2024 and 2023. Together, these reports trace the arc of fintech momentum across regions and cycles—and set the stage for this year’s list of standout fintech companies in the United States.
Why the US now? Because the US remains fintech’s most competitive proving ground: deep capital markets, sophisticated banking partners, demanding end users, and a regulatory environment that rewards resilience. In 2025, we’re seeing three forces shape the industry:
Efficiency over blitzscaling. After years of easy money, teams are winning by tightening unit economics, expanding ARPU, and prioritizing profitable growth over vanity metrics. The result: leaner fintech solutions with sharper product-market fit for both consumers and businesses.
Trust, compliance, and real-time rails. Real-time money movement is mainstreaming, and risk controls (fraud, KYC/AML) are becoming product features—not afterthoughts. Companies that fuse great UX with rigorous compliance are gaining durable advantages with enterprise finance buyers.
Embedded + AI, but purposeful. “Fintech everywhere” keeps compounding—vertical SaaS, marketplaces, and platforms weaving payments, lending, and treasury into workflows. Generative and predictive AI are quietly improving underwriting, servicing, support, and developer velocity.
This ranking focuses on fintech companies with clear momentum: measurable user or revenue growth, product velocity, compelling partnerships, and credible execution in US market conditions. We assess traction signals across consumer and B2B, including payments, lending, wealth, insurtech, infrastructure, compliance, and back-office automation. You’ll also see us recognize the gravitational pull of category leaders—think household names like Cash App and Coinbase or stable-infrastructure players such as Circle Internet Financial—while placing the spotlight squarely on this year’s fastest risers.
If you’ve followed our earlier US lists (2023, 2024) and this year’s UK/EU editions, you’ll notice a consistent methodology and a sharper lens on sustainable growth. The result is a US fintech snapshot that helps founders benchmark, buyers shortlist, and investors calibrate where the next wave of advantage is forming. Let’s dive in.
Methodology: how we ranked fintech companies (our data sources & criteria)
To stay consistent with our UK and EU editions, we applied the same structured, data-backed framework—adapted for the US market—so the 2025 list is comparable across regions and years. Our goal: identify fintech companies showing fast, sustainable growth within financial services, not just headline spikes.
Selection criteria for the Top 10 (US, 2025)
Fintech / Insurtech / Regtech / Embedded Finance focus We considered companies where technology is core to the product in payments, lending, wealth, regtech, insurtech, crypto infrastructure, B2B payments, and embedded finance platforms—i.e., software-first players shaping the industry.
Team size between 50 and 250 employees (June 2025) This range captures scale-ups with meaningful operational complexity, beyond seed-stage volatility but not yet fully enterprise.
Headcount growth ≥ 50% (June 2024 → June 2025) We kept the same growth threshold used in EU/UK: a clear signal of product-market fit, customer expansion, and roadmap execution.
US-based headquarters Parent HQ or primary operating HQ must be in the United States. Multinationals are included only if the US is the corporate headquarters.
Mobile Reality expert review Beyond raw growth, our team evaluates product maturity, market relevance, defensibility, and clarity of the fintech solution for real businesses and enterprise finance buyers. This mirrors our qualitative lens in UK/EU.
Data verification via public sources We corroborate profiles and headcount using public LinkedIn analytics plus Crunchbase, Dealroom, company sites, and corporate registries. Consistency and transparent employee charts are required for inclusion.
The 2025 weighted ranking model (same as UK/EU)
Historically, pure YoY growth favored very small bases. To balance speed and scale, we use the same weighted formula introduced in our EU/UK reports:
Weighted Score = Growth Rate × log₂(Current Headcount) where Growth Rate = (Headcount_2025 − Headcount_2024) ÷ Headcount_2024
The growth rate rewards momentum.
The log₂(size) term tempers the “small-denominator” effect and recognizes the difficulty of scaling larger teams.
Ties are resolved by (1) absolute headcount added, (2) customer or revenue traction signals, (3) depth of product in regulated financial services contexts.
Data period and scope
Period: June 2024 → June 2025 (inclusive), matching UK/EU timing for apples-to-apples comparisons.
Company set: US HQ, 50–250 employees in June 2025, ≥50% YoY headcount growth, active in fintech/insurtech/regtech/embedded finance.
Exclusions: Pure consulting, banks themselves, holding shells/SPACs, and companies lacking consistent monthly LinkedIn data.
Why this matters for US readers (investors & buyers)
This model highlights teams pairing velocity with operational maturity in the US market. It helps investors separate durable growth from noise and gives enterprise buyers a shortlist of fintech companies whose products can integrate into banking and back-office workflows without compromising complianc
US fintech market outlook: banking, finance, investors — trends shaping 2025
Here are the evidence-backed trends we see in the US fintech industry this year. Each point cites primary or highly reputable sources so investors, banking leaders, and operators can trust the signal.
Instant payments are scaling fast (RTP + FedNow)
RTP (The Clearing House) processed $481B in Q2 2025, a +195% jump in value vs. Q1—evidence that higher-value instant payments are moving onto real-time rails.
RTP value in 2024 grew +94% YoY to $246B (volume 343M, +38%), setting the base for 2025 acceleration.
FedNow (Federal Reserve) continues to add participants and reports rising volumes; the Board publishes ongoing data and resources tracking adoption.
Why it matters: Real-time rails are now a finance product feature, enabling pay-by-bank, instant wage access, and faster merchant settlement—table stakes for US market winners.
From blitzscaling to sustainable economics
Global fintech revenues rose 21% in 2024, and ~69% of public fintechs are now profitable, signaling a pivot to disciplined, scalable growth (BCG + QED, 2025).
Capital is selective but present: KPMG’s Pulse of Fintech H1’25 shows the Americas led with $26.7B in fintech investment in H1’25, with activity concentrating in resilient theses (AI, infrastructure, digital assets).
Why it matters: Our ranking rewards companies growing users/revenue and unit economics—stronger ARPU, contribution margin, and cash efficiency.
Embedded finance keeps compounding inside software workflows
Bain and McKinsey analyses indicate embedded finance remains a structural growth vector in the US—payments/lending embedded in vertical SaaS and marketplaces continue to gain share.
Earlier Bain projections put US embedded-finance transaction value on a multiyear path to multi-trillion-dollar scale, underscoring long-run adoption. Why it matters: Fintech distribution follows software. Platforms that “own the workflow” capture the economics; banks and financial services partners choose roles in this value chain.
AI is moving from pilots to measurable impact
BCG (May 2025): Predictive + generative + agentic AI are moving from analytics to execution in banks—affecting fraud, service, and risk decisions.
McKinsey (2025) estimates gen-AI could unlock up to $340B annual value in banking, with early production use in customer service, software development, and credit workflows.
Consumer pull: Plaid’s Fintech Effect 2025 highlights rising US comfort with AI for budgeting, fraud prevention, and planning—supporting adoption of AI-infused fintech solutions. Why it matters: We’ll prioritize companies showing measurable AI impact (loss ratios, resolution time, developer velocity), not just pilots.
The Unique Selection of the Top Fintech Companies in the US
Matt Sadowski
CEO of Mobile Reality
Fintech Software Development Tailored to Your Needs
We specialize in delivering reliable and compliant software solutions for the financial industry, designed to meet your specific requirements.
Comprehensive development for fintech systems and financial services.
Secure and scalable solutions built to industry standards.
Expertise in compliance with financial regulations.
Support for digital banking, payments, and data analytics.
Customized fintech AI agents to streamline your operations.
# | Company | Headcount 2024 | Headcount 2025 | Growth Rate | log₂(HC 2025) | Weighted Score |
|---|---|---|---|---|---|---|
1 | Cleva | 20 | 78 | 2.90 | 6.29 | 18.23 |
2 | Numeral | 24 | 65 | 1.71 | 6.02 | 10.29 |
3 | Federato | 53 | 127 | 1.40 | 6.99 | 9.76 |
4 | Savvy Wealth | 62 | 145 | 1.34 | 7.18 | 9.61 |
5 | Fuse | 26 | 66 | 1.54 | 6.04 | 9.30 |
6 | Lorien Finance | 36 | 79 | 1.19 | 6.30 | 7.53 |
7 | Conduit | 33 | 68 | 1.06 | 6.09 | 6.46 |
8 | Anchor | 35 | 71 | 1.03 | 6.15 | 6.33 |
9 | Ondo Finance | 33 | 65 | 0.97 | 6.02 | 5.84 |
10 | Uptiq | 45 | 75 | 0.67 | 6.23 | 4.15 |
Cleva
Website: https://www.getcleva.com/
Growth (Jun 2024 → Jun 2025): 290% (from 20 to 78 employees)
Cleva provides USD banking without borders—US-based dollar accounts and virtual cards that let customers receive USD payments and spend online globally. The product targets cross-border use cases (remote earners, freelancers, creators, and SMBs selling into the US), removing friction around account opening and everyday payments. Mobile apps and a self-serve flow make onboarding fast; once live, users can accept USD, hold balances, and pay vendors or platforms with card rails—all within one fintech experience that fits modern financial services workflows for global businesses operating in the US market.
Numeral
Website: https://www.numeralhq.com/
Growth (Jun 2024 → Jun 2025): ~171% (from 24 to 65 employees)
Numeral is a payments operations platform that helps fintech companies and enterprises connect to multiple banks and payment networks through a single API and dashboard. Teams can initiate and track outgoing/incoming payments, reconcile accounts, orchestrate bank integrations, and automate treasury and compliance workflows (approvals, audit, and monitoring). By consolidating multi-rail operations into one control plane, Numeral shortens time-to-launch for new payout and collection use cases and reduces back-office load for financial services teams. The result is a scalable fintech solution for finance and ops leaders building reliable money movement in the US market.
Federato
Website: http://www.federato.ai/
Growth (Jun 2024 → Jun 2025): ~140% (from 53 to 127 employees)
Federato is an insurtech underwriting platform that helps carriers and MGAs write more profitable business by unifying risk selection, appetite, and portfolio management in one workspace. Its real-time “risk ops” layer routes submissions to the right underwriter, surfaces third-party data instantly, and enforces underwriting guidelines as part of the workflow—reducing cycle time and leakage while improving hit and bind ratios. Federato also gives executives a live view of exposure and capacity by segment, so they can rebalance books and protect loss ratios as market conditions shift. In short, it’s a practical fintech solution for insurance financial services teams that need speed, governance, and measurable growth in the US market—blending analytics with day-to-day decisioning that borders on regtech for underwriting compliance.
Savvy Wealth
Website: https://savvywealth.com/
Growth (Jun 2024 → Jun 2025): ~134% (from 62 to 145 employees)
Savvy Wealth is a modern wealth management platform and RIA that equips financial advisors with an integrated stack—prospecting and marketing tools, client onboarding, planning, trading, and ongoing compliance—in one workflow. Advisors use Savvy to migrate books more easily, grow AUM, and deliver a smoother client experience (digital onboarding, consolidated reporting, secure messaging). By unifying front-, middle-, and back-office tasks, Savvy functions as a practical fintech solution for advisory businesses operating at scale in US financial services—reducing operational drag so advisors can focus on advice, not admin.
Fuse
Website: https://www.fusefinance.com/
Growth (Jun 2024 → Jun 2025): ~154% (from 26 to 66 employees)
Fuse builds an AI-powered loan origination system (LOS) for lenders—banks, credit unions, and finance companies. Teams use Fuse’s low-/no-code configuration to stand up end-to-end lending workflows (pre-qual, application, processing, decisioning, docs, and onboarding), integrate data providers, and enforce controls/audit trails for compliance. Deployment is flexible (cloud or self-hosted), with granular roles and reliability SLAs aimed at enterprise financial services environments. In short, Fuse is a practical fintech solution that lets businesses launch and iterate lending products at “software speed” without rebuilding core infrastructure.
Lorien Finance
Website: https://lorien.finance/
Growth (Jun 2024 → Jun 2025): ~119% (from 36 to 79 employees)
Lorien Finance is an education-finance fintech company focused on international students headed to US universities. The platform streamlines the full loan journey—eligibility checks, documentation/KYC, offers from partner lenders, and tuition disbursement—so students can secure funding with clearer timelines and less paperwork. Beyond loans, Lorien supports ongoing money management (payments, budgeting tools, and school-facing workflows), helping universities and financial services partners reduce friction around verification and disbursement. For the US market, Lorien’s model sits at the intersection of banking, finance, and student-lifecycle operations: faster onboarding for borrowers, cleaner processes for institutions, and greater visibility for investors and risk teams evaluating education credit.
Conduit
Website: https://conduitpay.com/
Growth (Jun 2024 → Jun 2025): 106% (from 33 to 68 employees)
Conduit provides a cross-border B2B payments platform that lets businesses send and receive USD internationally with fewer steps than traditional rails—no US bank account required for many use cases. Clients onboard, pass KYB, and then move money via Conduit’s web portal and APIs to pay vendors, contractors, and partners, with options that include cardless bank transfers and stablecoin-powered flows. Conduit positions itself as infrastructure that removes the complexity of global financial services—covering onboarding, compliance, and payments execution—so teams can scale payouts and AP/AR with better speed and visibility in the US market.
Anchor
Website: https://www.sayanchor.com
Growth (Jun 2024 → Jun 2025): ~103% (from 35 to 71 employees)
Anchor is an autonomous billing & collections platform that automates proposals, agreements, invoicing, payments (ACH/card), and reconciliation—end-to-end—for service businesses and accounting firms. Its “live agreement” flow captures client authorization and payment details up front, then triggers invoicing and collection on agreed milestones or schedules, cutting manual AR work, late payments, and revenue leakage. The product emphasizes AR automation, real-time status, and integrations for professional services, positioning Anchor as a practical fintech solution for cash-flow reliability in financial services workflows.
Ondo Finance
Website: https://ondo.finance/
Growth (Jun 2024 → Jun 2025): ~97% (from ~33 to 65 employees)
Ondo Finance is a fintech platform for tokenized cash equivalents and Treasuries—giving global investors on-chain access to U.S. dollar yield and short-duration finance products. Through tokenized funds and yield-bearing dollar instruments, Ondo helps businesses and institutions move cash into compliant, transparent vehicles that settle natively on public blockchains while fitting existing financial services operations (treasury, payments, and collateral). For the US market, this bridges traditional banking rails with programmable assets: faster settlement, auditability, and integration via wallets and APIs—positioning Ondo among the top us fintech companies modernizing dollar liquidity on-chain.
Uptiq
Website: https://www.uptiq.ai/
Growth (Jun 2024 → Jun 2025): ~67% (from 45 to 75 employees)
Uptiq is an AI platform for financial services that lets banks, wealth firms, credit unions, and fintech companies deploy agentic AI for lending, banking, and wealth workflows. Through its no-code AI Workbench and turnkey “Agentic Apps,” teams automate onboarding, KYC, credit discovery/SBL, monitoring, and advisor productivity—without ripping out existing systems. Recent news highlights a strategic partnership and minority investment from Broadridge to power AI-enabled wealth lending via the Wealth Lending Network, underscoring Uptiq’s traction with enterprise financial services buyers in the US market.
Conclusion: what this ranking means for US buyers, partners, and investors
If you’ve read our UK and EU editions, you’ll see the same story playing out in the US: fintech companies that win in 2025 pair real distribution with disciplined execution. The Top-10 above aren’t just growing headcount—they’re shipping fintech solutions that make money movement faster, safer, and easier to operate at scale. For businesses and investors, three takeaways stand out:
Speed with guardrails beats speed alone. Real-time rails and smarter treasury are now standard. Winners design UX and controls together—where AR automation, compliance, and even elements of regtech are built into the product from day one.
Vertical depth matters. From underwriting (Federato) to LOS (Fuse) to payments ops (Numeral), the value is in workflow ownership, not just an API. That’s how this year’s leaders outpace better-known unicorns and household brands like Cash App, Coinbase, or Circle Internet Financial in our momentum lens: they’re surgically solving painful jobs for specific users.
AI is moving the needle—quietly. Teams are using AI to shrink resolution times, improve loss ratios, and increase developer velocity. The signal isn’t hype; it’s measurable operating leverage.
For operators choosing partners, this list is a vetted shortlist: companies with the traction—and the culture—to integrate into regulated financial services and banking workflows without slowing you down. For founders, it’s a benchmark: profitable growth, crisp ICP focus, and a willingness to prove value in hard metrics.
As Mobile Reality (a full-stack JavaScript studio in Warsaw), we build and scale products for fintech, proptech, and entertainment. If you’re exploring payments, lending, embedded finance, or AI-enabled automation, we can help—from discovery and UX in Figma to React/Node/Nest builds on AWS/GCP, QA with Xray, and go-live support. Let’s turn your roadmap into a product customers will actually use.
Insights on Leading Fintech Companies
Are you fascinated by the growth and impact of leading fintech companies? At Mobile Reality, we delve deep into the success stories and strategies of top players in the fintech industry. Our expertise in analyzing market trends and company innovations allows us to provide valuable insights into the factors driving the success of these companies. Our curated selection of reports offers a comprehensive look at key fintech companies, their technologies, and market strategies:
- Top 10 Fast-Growing Fintech Companies in the EU in 2025
- Top 10 Fast-Growing Fintech Companies in the UK in 2025
- Top 10 Fast-Growing Fintech Companies in the EU in 2024
- Top 10 Fast-Growing Fintech Companies in the US in 2024
- Top 10 Fast-Growing Fintech Companies in the UK in 2024
- Top Fintech Companies in New York in 2024
- Top InsurTech Companies in the UK in 2024
- Top Fintech Software Development Companies
- 10 fast-growing top fintech companies in the US in 2023
- 10 fast-growing top fintech companies in the UK in 2023
- Top 10 fast-growing fintech companies in the EU in 2023
Explore these detailed reports to gain a deeper understanding of the fintech sector's movers and shakers. Don't hesitate to contact our sales team if you have any questions or want to explore partnership opportunities. Those interested in joining our dynamic team can visit our careers page to submit their CVs. Join us in exploring the future of fintech and the companies shaping it!
