Citi

Paywatch operates an earned wage access platform that allows employees to access their earnings before payday. By partnering with major banks, Paywatch provides low-cost financing to employees seeking early access to their wages. The platform assesses the amount of work completed to date, facilitating immediate access to funds while helping employees establish banking relationships and improve their credit profiles. This service aims to enhance financial security and promote healthier financial habits among workers who may otherwise face challenges in accessing credit.

Colendi GmbH, established in 2016 and headquartered in Zug, Switzerland, specializes in blockchain-based credit evaluation services. The company offers decentralized microcredit scoring solutions, aiming to provide financial inclusion regardless of users' banking status or financial history. By leveraging artificial intelligence and efficient digital infrastructure, Colendi's platform aims to deliver affordable financial services through simple, user-friendly products. Currently, the company is planning a Series C funding round targeting over USD 150 million by late 2024.

Hokodo Ltd is a London-based company that specializes in developing insurance and financing solutions tailored for B2B marketplaces, cloud accounting, and e-invoicing platforms. Founded in 2018, Hokodo offers a digital platform that simplifies the order-to-cash process for businesses, enabling them to make real-time credit decisions and access working capital finance options. Their products include Invoice Protection, an API that safeguards businesses against unpaid invoices, and Secure Freight, which protects goods in transit or storage. Additionally, Hokodo provides tools for users to assess the credit ratings of clients and suppliers, enhancing decision-making regarding credit terms and mitigating the risks associated with bad debt.

Founded in 2019, Lentra is a technology company that provides a SaaS platform aimed at democratizing digital lending for banks and non-banking financial companies (NBFCs). The platform utilizes an artificial intelligence-driven, modular architecture that allows financial institutions to create customized loan products and enhance customer experiences. Lentra's services support over 50 banks and facilitate the processing of approximately 2 million loan applications each month, totaling over $20 billion in processed loan applications. The company's solutions enable clients to expand their market reach, minimize non-performing assets, and optimize operational efficiencies, all while offering a flexible pay-as-you-go pricing model to support their growth.

Nubank is a prominent digital bank revolutionizing finance with its customer-centric approach. It provides a variety of services, including credit cards, personal loans, and digital payments, all accessible through a simple mobile app. Known for transparency, ease of use, and low fees, Nubank aims to empower users with innovative solutions for better financial management.

ChargeAfter Ltd operates a consumer financing platform that connects merchants with a network of global lenders to provide personalized and responsible financing options at the point of sale. Founded in 2017 and headquartered in Ramat Gan, Israel, with additional offices in California and New York, the company offers a data-driven decisioning engine that facilitates real-time financing offers tailored to various consumer credit types. This approach enables approvals for nearly all customer applications, enhancing the shopping experience for consumers while allowing retailers to implement the platform quickly both online and in-store. ChargeAfter’s platform features detailed transaction reporting and white-label options, enabling merchants to seamlessly integrate multiple financing products into their sales processes. By streamlining credit distribution, ChargeAfter helps merchants boost conversion rates, increase average order values, and foster customer loyalty.

HighRadius Corporation is a technology company specializing in financial supply chain management software solutions aimed at automating and optimizing receivables processes for businesses. Founded in 2006 and headquartered in Houston, Texas, with additional offices in Europe and the Asia Pacific, HighRadius provides a suite of cloud-based products that enhance efficiency in various industries, including consumer products, manufacturing, and distribution. Its offerings include automated solutions for cash application, dispute resolution, credit memo approval, and correspondence automation, all designed to streamline the order-to-cash cycle and improve financial performance. The company’s platform enables organizations to achieve touchless cash management and accurate cash forecasting while facilitating better collaboration across departments. HighRadius has formed strategic partnerships with notable entities, enhancing its market position and capabilities in the financial technology landscape.

4G Capital, founded in 2013 and based in Nairobi, Kenya, specializes in providing instant access credit to small business owners in Africa, particularly targeting self-employed informal market traders. The company offers unsecured loans and financial literacy training tailored to micro-entrepreneurs operating in low-income sectors, including agriculture and trade. Utilizing proprietary machine learning technology, 4G Capital delivers insights from data-scarce environments to create scalable credit products that align with clients' business risks and affordability. Clients can access loans quickly through mobile money, and the company achieves high collection rates without requiring collateral or refinancing. With operations in Kenya and Uganda, 4G Capital has positively impacted over one million individuals and demonstrates a strong commitment to improving financial literacy and sustainable growth for small businesses. The company reports significant increases in client revenues and boasts a high percentage of repeat customers, particularly among women and rural traders.

HighRadius Corporation is a technology company specializing in financial supply chain management software solutions aimed at automating and optimizing receivables processes for businesses. Founded in 2006 and headquartered in Houston, Texas, with additional offices in Europe and the Asia Pacific, HighRadius provides a suite of cloud-based products that enhance efficiency in various industries, including consumer products, manufacturing, and distribution. Its offerings include automated solutions for cash application, dispute resolution, credit memo approval, and correspondence automation, all designed to streamline the order-to-cash cycle and improve financial performance. The company’s platform enables organizations to achieve touchless cash management and accurate cash forecasting while facilitating better collaboration across departments. HighRadius has formed strategic partnerships with notable entities, enhancing its market position and capabilities in the financial technology landscape.

HighRadius Corporation is a technology company specializing in financial supply chain management software solutions aimed at automating and optimizing receivables processes for businesses. Founded in 2006 and headquartered in Houston, Texas, with additional offices in Europe and the Asia Pacific, HighRadius provides a suite of cloud-based products that enhance efficiency in various industries, including consumer products, manufacturing, and distribution. Its offerings include automated solutions for cash application, dispute resolution, credit memo approval, and correspondence automation, all designed to streamline the order-to-cash cycle and improve financial performance. The company’s platform enables organizations to achieve touchless cash management and accurate cash forecasting while facilitating better collaboration across departments. HighRadius has formed strategic partnerships with notable entities, enhancing its market position and capabilities in the financial technology landscape.

Clarity Money, Inc. is a New York-based company founded in 2016 that specializes in a personal finance application powered by artificial intelligence. The application is designed to assist individuals in managing their personal finances by providing tools to analyze spending habits and make informed financial decisions. Users can lower their bills, cancel unnecessary subscriptions, transfer money, open savings accounts, and check their credit scores through the app. Clarity Money aims to enhance financial transparency and empower users to optimize their financial resources. As of April 2018, Clarity Money operates as a subsidiary of Goldman Sachs Bank USA.

ReadyForZero is a financial software company based in San Francisco that provides tools to help individuals manage their debt and protect their credit. Founded in 2010 by Rod Ebrahimi and Ignacio Thayer as part of Y Combinator, the company focuses on offering a platform that enables users to track their debt, make payments, and monitor their credit status. Unlike debt negotiation or settlement services, ReadyForZero emphasizes automated financial management to assist users in tackling their debt effectively. The company is venture-backed and operates with a technical product team dedicated to improving personal finance management.

Bundle rates merchants based on actual credit card spending by millions of people at that location. Bundle has built a data and analytical solution that structures and sorts through billions of spending transactions in order to rate the merchants.