In the last decade, blockchain fintech companies have changed how financial services are offered by abdicating conventional banking systems. They ensure a more secure, transparent, and decentralized function of the firm and are therefore considered a very important contributor to the realm of financial technology.

As customer demands keep on evolving, the need to seek more efficient means of financial services keeps ballooning, and blockchain fintech companies keep steering innovation. Some of the major fintech blockchain companies that are changing the future of finance and accelerating the industry toward digital transformation have been discussed herein.

Top Fintech Companies Using Blockchain

As blockchain technology continues to change the outlook for financial services, many leading fintech companies using blockchain have also emerged to drive innovation and efficiency. Below are the leading players in this space and showcase how they will leverage blockchain to revolutionize finance.

Coinbase

• Type of company: Cryptocurrency
• Location: US

Coinbase is a venture founded in 2012 as the leading Fintech-Blockchain company and one of the most renowned digital asset exchanges in the world. It allows users to manage cryptocurrencies such as Bitcoin, Ethereum, and Litecoin with ease: securely buying, selling, and storing the same. 

As the biggest cryptocurrency exchange in the U.S. by trading volume, Coinbase is very pivotal in the development of global blockchain fintech companies and is meanwhile vocal about an open financial system. This platform is exemplary in how fintech companies use blockchain to bring in innovation and reshape the outlook of services related to finances.

Binance

• Type of company: Cryptocurrency
• Location: Malta

Binance is providing trading services for over 350 cryptocurrencies. As one of the top blockchain fintech companies, Binance aims to serve as the infrastructure provider for the future of cryptocurrency, with its blockchain network, Binance Smart Chain (BSC), driving innovation in decentralized finance. Trusted by millions worldwide, Binance continues to solidify its position as a comprehensive leader in fintech companies using the blockchain sector.

BlockFi

• Type of company: Cryptocurrency, Payment
• Location: US

BlockFi was among the pioneers in the blockchain fintech companies that bridge traditional finance with the new world of cryptocurrency through innovative financial services. At its inception in 2017, the company was focused on providing crypto-backed loans, interest-bearing accounts, and a pioneer crypto rewards credit card to help its users maximize their digital asset holdings. Due to the large array of services it offers, BlockFi is considered a key player in shaping the future of crypto wealth management.

Circle

• Type of company: Cryptocurrency
• Location: US

At the forefront of fintech blockchain companies is Circle, which has been at the forefront with the rise of digital currencies. It is best known for creating the USDC stablecoin, a cryptocurrency fully backed by the US dollar. In collaboration with major financial institutions such as BNY Mellon and BlackRock, Circle secures its digital assets for stability and security, making it easy for businesses, developers, and individuals to use blockchain technology.

Coinme

• Type of company: Cryptocurrency
• Location: US

Coinme is a financial technology company that has partnered with Coinstar to provide a nationwide Bitcoin kiosk network. That means users can invest cash and store their Bitcoin investments through the Coinme app. Coinme breaks down those barriers to entry in cryptocurrency investing, making it easier for people to begin their investment journey in Bitcoin and other cryptocurrencies, improving their financial lives.

Coinme’s innovation in the space of fintech has coincided with the increase in blockchain fintech companies, and its effort to make services and opportunities more available to both fresh and veteran investors in the cryptocurrency market.

Robinhood

• Type of company: Wealthtech
• Location: US

Robinhood is a commission-free investment platform that gives a broad exposure to its services, including cryptocurrency trading in some of the leading digital assets: Bitcoin, Ethereum, and Dogecoin. With its ease of use, Robinhood has been one of the favorite platforms for those who would want to start trading in cryptocurrency. Having raised over $500 million in funding, Robinhood continues to adopt blockchain technology to achieve various objectives: making financial services more approachable and efficient.

BitPay

• Type of company: Cryptocurrency payment
• Location: US

BitPay is a payment service provider that lets merchants receive Bitcoin for payments among those who want to include Bitcoin as one of the means of payment. Among leading blockchain fintech companies, BitPay makes cryptocurrency transactions quite easy and offers an extensive platform to store, exchange, and manage digital assets.

Besides providing payment solutions, BitPay has also expanded its offerings to support international payments, in-app crypto wallets, and integrations into personal websites to further extend the usefulness of blockchain technology. In addition, a prepaid crypto debit card enables users to change cryptocurrency for cash for easy use either by an individual or enterprise, as per requirements, benefiting fintech companies using blockchain.

Best Fintech Startups Using Blockchain

Below, we have highlighted some of the innovative and promising blockchain fintech startups that are leveraging this very blockchain technology to disrupt conventional financial systems. These blockchain fintech companies lead the fintech revolution with fresh and really cutting-edge solutions.

Fireblocks

• Type of company: Cryptocurrency
• Location: US

Fireblocks is changing the way financial institutions handle cryptocurrencies. Fireblocks, with its secure wallets for crypto transfers, keep digital assets in motion safely while enabling fintech companies using blockchain to harness blockchain technology securely.

Fireblocks also provide automated governance tools that help institutions comply and reduce the incidence of fraud. This kind of innovation in applying cryptocurrencies and turning traditional finance into decentralized systems with the help of blockchains makes them a key player among FinTech blockchain companies.

AnChain.AI

• Type of company: Blockchain security and analytics
• Location: US

Blockchain fintech companies are increasingly turning to AI to enhance their blockchain analytics. AnChain.AI is one such company that oversees millions of dollars in weekly transaction volumes, providing security to some of the largest crypto exchanges, protocols, and decentralized applications (DApps) worldwide. The platform of  AnChain.AI not only detects and neutralizes risks but also preempts them, ensuring the integrity and safety of financial transactions within the blockchain ecosystem. As fintech blockchain companies continue to integrate blockchain technology, AnChain.AI sets new standards for security and risk management.

Aragon

• Type of company: Decentralized platform
• Location: Switzerland

Aragon is at the forefront of providing blockchain solutions designed to transform the structure and operation of businesses. By leveraging blockchain technology, Aragon simplifies and democratizes the establishment and management of companies and organizations.

The platform enables users to create and manage entities in a decentralized, trustless manner, eliminating the need for traditional intermediaries. This approach increases accessibility and inclusivity in finance, paving the way for new organizational structures and business models. Aragon’s use of blockchain ensures secure, transparent, and efficient solutions for entrepreneurs and organizations, fully capitalizing on the advantages of blockchain technology in the fintech industry.

Conclusion

It will be blockchain fintech companies leading this Fintech Revolution in ingenious uses of blockchain technology to change how financial services will be offered. These 10 companies lead that charge by availing unprecedented innovations that boost efficiencies, enhance the level of transparency, and more so increase the accessibility within the financial ecosystem. The fintech revolution has barely begun, but these companies shall later lead an age of quicker, affordable, and safer financial services.

Having more than 300 fintech-experienced developers and more than 100 experts with profound knowledge of blockchain, Luvina Software is one of the most robust and reliable software outsourcing partners. Such a team leads businesses well on their paths to leveraging blockchain technology into a successful digital transformation.

Contact Luvina today for a detailed consultation.