Forbes seeks 2020 Fintech 50 innovators

By Matt High
Forbes has commenced its search for the most innovative and fast-growing fintechs to appear on its annual Fintech 50 list. The annual Forbes Fintech 50...

Forbes has commenced its search for the most innovative and fast-growing fintechs to appear on its annual Fintech 50 list.

The annual Forbes Fintech 50 list gives a yearly insight into those fintech companies that are leading the transformation of finance through innovative technology. Now, confirmed at the end of last week, Forbes is seeking its latest 50 fintech innovators for its 2020 list.

The list, compiled by a team of Forbes’ reporters and editors, seeks out those fintechs that are fast-moving, making industry-changing innovations and are growing at a quicker rate than competitors. Rather than base any decision on points such as revenue or numbers of customers, Forbes splits the fintech sector into a number of sub-categories and conducts a host of industry interviews.

Last year’s list

Several of those companies that have appeared on Forbes’ pages over recent years have also been profiled here at FinTech magazine. For example, we’ve taken in-depth looks at the likes of online payment solutions provider Stripe – which counts Google and Amazon as customers; we’ve also profiled innovative investment disruptor Acorns among others.

Forbes set out its 2019 Fintech 50 list against the context of overall investment in the sector surging in 2018, reaching $55bn worldwide – 19 of those fintechs on the list, for example, were valued at $1bn + (at the time of publishing).


Notable trends picked out in 2019 included payments technology companies and those that were targeting ‘underserved’ customers. In all, Forbes counted 20 startups as first-time additions to the list. To refresh your memory, and to get a feel for how those companies may fair in this latest round of nominations, the full 2019 Fintech 50 list can be viewed here.

2020: what to expect

In its 12 September announcement, Forbes confirmed that it is now seeking nominations for its 2020 list – the fifth year the initiative will have run. The same criteria for selection apply, with Forbes outlining other key decision factors, including:

  • Must apply technology to categories such as cryptocurrencies and blockchain, insurance, payments and personal finance, lending, trading and capital markets and more
  • Strong growth over the last year that is faster than competitors
  • A product that is working and publicly live
  • “Significant” US operations

Nominations must be made by 4 October 2019, after which Forbes will proceed with it selection process.

For more information on all topics for FinTech, please take a look at the latest edition of FinTech Magazine.

Follow us on LinkedIn and Twitter.


Featured Articles

WorldFirst: Why now is time for SMEs to seek trade in Asia

In this exclusive interview, we speak to VP of Ant Group and WorldFirst CEO Clara Shi, on why now is the time for UK SMEs to trade in new markets

Mastercard webinar: Shaping the Future of Fintech

Mastercard experts, alongside Zolve CEO and Founder Raghu G, discuss the six major fintech trends today in the company’s latest webinar – available now

Embedded finance: Innovating for good

Sunrise Banks CFO Tyler Seydel discusses how embedded finance innovations will change how we experience banking and drive financial inclusion for everyone

Live today: FinTech LIVE London

Financial Services (FinServ)

Crypto, blockchain and Web3 speakers at FinTech LIVE London


FinTech LIVE London: Speakers from payments sector (part 2)

Financial Services (FinServ)