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Personal Finance Unicorns

Top 12 Personal Finance Unicorn Startups in 2021

Here’s a full list of unicorn companies in the personal finance industry that have made it to the US$1B valuation.

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The Personal Finance sector has grown tremendously in recent years.

And, this can be attributed to the introduction of new technologies such as APIs, AI, Machine Learning, etc. that make financial services more convenient and efficient.

This post is about unicorns — privately held companies that reach billion-dollar valuations — that have some connection to Personal Finance.

We have collected a list of 12 Personal Finance unicorn startups.

Top 12 Personal Finance Unicorn Startups

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Circle

Circle

Circle is the global crypto finance platform, making it possible for anyone to buy, sell, use, and accept crypto assets.

Details of the startup:

  • Valuation:

    $3.00

    B (

    May 2018

    )

  • Country:

    United States

  • City:

    Boston

  • Started in:

    2013

  • Founders:

    Jeremy Allaire, Sean Neville

  • Industries:

    Banking, Blockchain, Cryptocurrency, Finance, Financial Services, FinTech, Payments, Personal Finance

  • Number of employees:

    250-500

  • Funding Amount:

    $271,000,000

  • Number of funding rounds:

    8

  • Number of investors:

    29

here

CRED

CRED

CRED provides members with a single, easy-to-use platform to organize and manage all of their credit card bills. As a member, you’ll earn cash for each and every one of your payments.

Details of the startup:

  • Valuation:

    $2.20

    B (

    April 2021

    )

  • Country:

    India

  • City:

    Bengaluru

  • Started in:

    2018

  • Founders:

    Kunal Shah

  • Industries:

    Credit Cards, Financial Services, FinTech, Payments, Personal Finance

  • Number of employees:

    250-500

  • Funding Amount:

    $471,205,550

  • Number of funding rounds:

    6

  • Number of investors:

    28

here

Creditas

Creditas

Creditas is a financial technology startup that connects creditworthy individuals with proprietary technology to obtain fast, simple, and competitive financing.

Details of the startup:

  • Valuation:

    $1.75

    B (

    December 2020

    )

  • Country:

    Brazil

  • City:

    São Paulo

  • Started in:

    2012

  • Founders:

    Sergio Furio

  • Industries:

    Banking, Consumer Lending, Finance, Financial Services, FinTech, Personal Finance

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $568,950,000

  • Number of funding rounds:

    8

  • Number of investors:

    21

here

Five Star Business Finance

Five Star Business Finance

Five-Star is a Registered Non Banking Finance Company (NBFC) with Reserve Bank of India (RBI). They offer hassle free and fast loans for all your needs.

Details of the startup:

  • Valuation:

    $1.40

    B (

    March 2021

    )

  • Country:

    India

  • City:

    Kilpauk

  • Started in:

    1984

  • Founders:

    V K Ranganathan

  • Industries:

    Banking, Finance, Financial Services, Personal Finance

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $456,059,600

  • Number of funding rounds:

    7

  • Number of investors:

    8

here

Gusto

Gusto

Gusto transforms the way businesses operate by providing tools to manage payroll, benefits, and HR in one place.

Details of the startup:

  • Valuation:

    $3.80

    B (

    December 2015

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2011

  • Founders:

    Edward Kim, Josh Reeves, Joshua Reeves, Tomer London

  • Industries:

    Employee Benefits, Enterprise Software, Financial Services, FinTech, Human Resources, Personal Finance, SaaS

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $516,100,000

  • Number of funding rounds:

    15

  • Number of investors:

    106

here

Jiedaibao

Jiedaibao

Jiedaibao, a fintech application, helps users easily lend and borrow money among themselves.

Details of the startup:

  • Valuation:

    $7.30

    B (

    January 2016

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2014

  • Founders:

    No Data

  • Industries:

    Apps, Finance, Financial Services, FinTech, Lending, Mobile Apps, Personal Finance

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    CN¥4,500,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    No Data

here

Kraken

Kraken

Kraken is the leading cryptocurrency exchange for those seeking to trade Bitcoin, Ethereum and over 40 other digital assets.

Details of the startup:

  • Valuation:

    $2.92

    B (

    June 2019

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2011

  • Founders:

    Jesse Powell

  • Industries:

    Asset Management, Bitcoin, Blockchain, Ethereum, Financial Exchanges, Financial Services, FinTech, Personal Finance, Stock Exchanges, Trading Platform

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $118,500,000

  • Number of funding rounds:

    9

  • Number of investors:

    12

here

Stash

Stash

Stash brings together all your financial tools in one place and helps you make more informed decisions.

Details of the startup:

  • Valuation:

    $1.40

    B (

    February 2021

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2015

  • Founders:

    Brandon Krieg, David Ronick, Ed Robinson

  • Industries:

    Banking, Financial Services, FinTech, Mobile Apps, Personal Finance

  • Number of employees:

    250-500

  • Funding Amount:

    $427,372,000

  • Number of funding rounds:

    10

  • Number of investors:

    12

here

Toss

Toss

Toss is a team of talented South Koreans who started to develop mobile applications at early age. Now, they bring their experience to create the most convenient and secure financial application.

Details of the startup:

  • Valuation:

    $2.60

    B (

    December 2018

    )

  • Country:

    South Korea

  • City:

    Seoul

  • Started in:

    2011

  • Founders:

    Seunggun Lee

  • Industries:

    Financial Services, FinTech, Mobile Apps, Mobile Payments, Personal Finance

  • Number of employees:

    100-250

  • Funding Amount:

    $434,200,000

  • Number of funding rounds:

    9

  • Number of investors:

    19

here

Tuandaiwang

Tuandaiwang

Tuandaiwang establishes a credit system that links borrowers and lenders on a peer-to-peer basis. It offers fair contract templates with flexible term ranges and minimal commission/processing fees to protect the rights of both parties.

Details of the startup:

  • Valuation:

    $1.27

    B (

    May 2017

    )

  • Country:

    China

  • City:

    Dongguan

  • Started in:

    2012

  • Founders:

    Lin Zhang

  • Industries:

    Finance, Financial Services, FinTech, Information Technology, Internet, Lending, Peer to Peer, Personal Finance

  • Number of employees:

    10-50

  • Funding Amount:

    CN¥2,375,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    3

here

Wealthsimple

Wealthsimple

Wealthsimple is an online investment manager offering powerful and easy-to-use financial tools to help Canadians become more financially secure for life.

Details of the startup:

  • Valuation:

    $3.70

    B (

    May 2021

    )

  • Country:

    Canada

  • City:

    Toronto

  • Started in:

    2014

  • Founders:

    Brett Huneycutt, Michael Katchen, Rudy Adler

  • Industries:

    Finance, Financial Services, FinTech, Impact Investing, Personal Finance

  • Number of employees:

    250-500

  • Funding Amount:

    CA$1,130,900,000

  • Number of funding rounds:

    9

  • Number of investors:

    17

here

WeLab

WeLab

WeLab is a Hong Kong-based online bank and consumer finance platform. It offers a full suite of end-to-end technology solutions to help financial institutions manage risk and increase yield.

Details of the startup:

  • Valuation:

    $1.00

    B (

    November 2017

    )

  • Country:

    Hong Kong

  • City:

    Sheung Wan

  • Started in:

    2013

  • Founders:

    Aananth Solaiyappan, Frances Kang, Kelly Wong, Simon Loong

  • Industries:

    Banking, Finance, Financial Services, FinTech, Personal Finance

  • Number of employees:

    500-1,000

  • Funding Amount:

    $656,000,000

  • Number of funding rounds:

    9

  • Number of investors:

    18

here
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