Banked named to CB Insights Fintech 100.

CB Insights has named Banked to its sixth-annual Fintech 100 ranking (previously the Fintech 250), showcasing the 100 most promising private fintech companies of 2023.

Banked was chosen from a pool of over 19,000 private companies. The winners were selected based on factors including equity funding, investor profiles, R&D activity, news sentiment analysis, competitive landscape, business relationships and criteria such as tech novelty and market potential. 

Banked has established itself as a global partner to leading banks and their merchant clients, payment processors and the broader financial ecosystem that powers account-to-account payments. The company has raised $56 million to date and is backed by a notable set of firms and industry leaders including Insight Partners, Bank of America, National Australia Bank, Citi and more. Banked’s key markets include the U.S., Australia, U.K., Europe and is rapidly expanding across North America, APAC and other regions. Continued acceleration of our growth is fueled by new partners, expanding our platform through new products and capabilities and delivering the next-generation of real-time payments.

Quick facts on the 2023 Fintech 100:

• Equity funding and deals: The Fintech 100 includes a mix of companies at different stages of maturity, product development, and funding. The cohort has raised nearly $22B in equity funding across 381 deals since 2019.

• Unicorns: There are 31 companies with $1B+ valuations on the list.

• Global Reach: This year's winners represent 24 different countries across the globe. Forty-three percent of the selected companies are headquartered in the US. The UK comes in second with 12 winners, followed by Singapore with 7. Additionally, some emerging markets stand out with multiple winners this year. For example, India has 3 winners, while Indonesia and Egypt each have 2.

Interested in building a payments network that does more for everyone? We are hiring! Check out roles here.