We’re constantly amazed and impressed by the many FinTech startups that are popping up around the world and offering solutions that make managing/investing/saving/spending/borrowing money less painful. (Which shouldn't be a surprise, considering 43.4% of people who use FinTech do so because of how easy it is to set up an account). So, we decided to feature some innovative companies that are on our radar—and are doing great work.
Hello, it’s us. From the other side, revolutionizing the old way of doing finance. How? Wellll with technology that uses thousands of data points to approve our customers, the free no-monthly-fee Mogo Platinum Prepaid Visa® Card, a sleek new app launching later this year… oh and we pay for our MogoMembers to see their Equifax Canada credit score.
An app based out of the United Kingdom, Mondo is bringing banking to your smartphone. Because no one wants to go into a bank, line up, and wait—that’s so last century. We love how convenient and painless they’re making banking. Shameless plug: our Mogo App is launching soon, with an awesome dashboard that shows your loan info, card balance, transactions and more.
Stock trading just got a little less scary. Robinhood is an app that makes it easy for you to trade stocks from your smartphone. Its interface is beautiful, so much so that it even won an Apple Design Award. Time to unleash your inner Warren Buffett and make a ton of money from the markets.
India’s been a hotbed of startups lately (one of them even took over Urbanspoon). i-Lend is India’s first online peer-to-peer lending platform, connecting people who need money with those who’ve got some lying around and feel like investing. You could say that they’re... sharing the wealth. Heh.
The land of Oz isn’t just surf and sun. It’s also the land of startups, apparently. ThinCats is yet another peer-to-peer lending platform—only this one is business-focused, with Australia’s 2.1 million small and medium-sized businesses as its target.
Pretty exciting stuff, huh? We’re so stoked to be leading the FinTech charge from Canada.