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Online banking businessman using smartphone with icon fintech and blockchain concept
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For the second year, CNBC and independent research firm Statista are collaborating to identify the world’s top fintech companies to be named in a CNBC report to be published this July.
Nominations are now being accepted for the list of the world’s top fintech companies. To qualify, companies must primarily focus on developing or delivering innovative technology-based financial products and services.
Check out our list of last year’s top 200 fintech companies. This includes Chinese tech giants Ant Group and Tencent, US fintech companies PayPal and Stripe, and European companies such as Klarna and Revolut.
In addition to the fintech list, CNBC is also releasing another list of the world’s top insurance technology (insurtech) companies, which will be published in August. The decision to introduce a list of the world’s top insurtech companies comes against the backdrop of huge innovation in the insurance industry, which is predicted to be worth nearly $6.5 trillion by 2023, according to Statista. There is.
The insurance industry has proven to be a market ripe for digital disruption, as a new wave of digitally native companies has eliminated the paper-based processes that previously dominated the industry.
Businesses can click here to submit information for consideration.
Applicants are guided through a short form hosted by Statista that asks a series of questions about their business model and specific key performance indicators, including revenue growth.
For the first time, companies will be asked to identify three businesses that they consider to be their main competitors. It is used to inform CNBC’s coverage of the world’s top companies.
Submission Deadline It’s April 24, 2024. 06:59 ET
Within the application form, companies are asked to select which market segment they would like to operate in from among the selected categories.
For the FinTech list, companies are recognized for their successes in the following categories: payments, neobanking, digital assets, alternative finance, wealth technology, financial planning, digital banking solutions, and digital business solutions.
The insurtech list similarly asks companies to assign the market category that best fits their business model. These categories are growing as insurers respond to value chain innovations such as underwriting and risk analysis, claims and fraud management, and new business models such as digital insurance brokers and comparison sites, on-demand and gig economy platforms. It will be split.
These categories are subject to change pending market feedback.
Click here to learn more about Fintech projects. Learn more about insurtech projects here.
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