Utah's Finest 19: A Review of Top Fintech Enterprises
Utah's Finest 19: A Review of Top Fintech Enterprises
The fintech sector in Utah is vibrant and ever-evolving, with innovative companies harnessing technology to reshape the financial services landscape. From agile start-ups to established firms, these companies serve a myriad of businesses and consumers by offering advanced solutions in open banking, data security, and financial transaction management. They specialize in developing secure and efficient APIs, sophisticated data aggregation, account verification systems, and robust fraud management tools. As digital disruption continues to ignite transformation, Utah's fintech industry is poised to champion progress towards integrated, client-focused financial services.
Top 19 fintech companies in Utah
1. Mx
- Website: mx.com
- Headquarters: Lehi, Utah, United States
- Founded: 2010
- Headcount: 501-1000
- Latest funding type: Series C
MX is a company providing open finance APIs to enable companies to do more with financial data. They offer secure data verification and enhancement through their robust data engine.
2. Finicity, a Mastercard Company
- Website: finicity.com
- Headquarters: Murray, Utah, United States
- Founded: 2000
- Headcount: 501-1000
- Latest funding type: Acquired
Finicity is a company that specializes in financial data aggregation and account verification services. They provide an open banking platform and offer solutions for lending, mortgage, and financial institutions. With their API essentials and developer documentation, they enable developers to access and utilize their data tools. Finicity's key capabilities include managing account history, statements, transactions, and pay account details.
3. Galileo Financial Technologies
- Website: galileo-ft.com
- Headquarters: Salt Lake City, Utah, United States
- Founded: 2000
- Headcount: 201-500
- Latest funding type: Acquired
Galileo Financial Technologies, LLC is a technology company that partners with issuing banks to provide banking services in North and South America. They offer a suite of payment card fraud management solutions to secure transactions and mitigate program losses due to fraud. Galileo also provides a range of services to enhance the customer transaction experience. Their platform operates on a large scale throughout the Americas and supports global transactions.
4. GOLDPoint Systems
- Website: goldpointsystems.com
- Headquarters: Provo, Utah, United States
- Founded: 2004
- Headcount: 201-500
GOLDPoint Systems is a lending software company that offers cloud-based solutions to streamline loan origination and servicing processes. Their drag-n-drop underwriting tool allows customization of loan products, while their automation features improve efficiency and reduce costs. The company's technology enables online loan applications, integrates with third parties, and provides data tracking for branches. With 350+ integrations, powerful APIs, and compliance tools, GOLDPoint Systems empowers lenders to grow their businesses and service any type of loan.
5. FuturePay
- Website: futurepay.com
- Headquarters: Lehi, Utah, United States
- Founded: 2013
- Headcount: 11-50
FuturePay is a company that provides a friction-free checkout platform for merchants. It offers an effortless integration solution that attracts more customers and helps grow customer loyalty. With FuturePay's revolving line of credit called MyTab, customers can qualify and approve shoppers in seconds, driving them back for repeat purchases. The company partners with other merchants for cross-merchant marketing campaigns, putting them in front of MyTab's qualified shoppers. FuturePay supports merchants with expert marketing and technical teams, helping them grow their business with easy approval for opening a line of credit.
6. iTransact
- Website: itransact.com
- Headquarters: Farmington, Utah, United States
- Founded: 1995
- Headcount: 11-50
- Latest funding type: Acquired
iTransact.com is a company that offers a range of payment processing solutions and services. With a focus on secure and efficient transactions, they provide payment gateway integration, merchant accounts, and mobile payment solutions.
7. CoinZoom
- Website: coinzoom.com
- Headquarters: Salt Lake City, Utah, United States
- Founded: 2018
- Headcount: 11-50
- Latest funding type: Debt Financing
CoinZoom is a cryptocurrency and trading platform that offers a range of services including buying, selling, sending, and spending digital assets. They provide a secure and regulated exchange for over 40 cryptocurrencies and offer a Visa card that allows customers to instantly convert their crypto to USD at the point of sale. With their advanced trader and mobile app, users can trade crypto with ease.
8. Smartfi
- Website: smartfi.com
- Headquarters: Orem, Utah, United States
- Founded: 2021
- Headcount: 11-50
- Latest funding type: Initial Coin Offering
SmartFi is a USA based and FinCEN registered business that offers fast and secure payment methods for cryptocurrencies. They provide education on crypto and personalized wealth generation plans with Smart Strategy tools. SmartFi also offers crypto loans, crypto exchanges, and guided strategies for wealth management.
9. Mainframe
- Website: mainframe.com
- Headquarters: Lehi, Utah, United States
- Founded: 2013
- Headcount: 11-50
- Latest funding type: Initial Coin Offering
Mainframe is a company that specializes in fixed-rate crypto lending. They offer a secure lending protocol and provide a high fidelity experience to decentralized finance. Mainframe's mission is to deliver innovative financial solutions to the crypto market.
10. Giddy
- Website: giddy.co
- Headquarters: Draper, Utah, United States
- Founded: 2021
- Headcount: 11-50
- Latest funding type: Seed
Giddy.co is a leading DeFi wallet app that simplifies crypto investing and allows users to earn passive income on the blockchain. With a user-friendly interface and intuitive features, it provides an easy way for both experienced and inexperienced users to participate in DeFi.
11. Hightop
- Website: hightop.com
- Headquarters: Lehi, Utah, United States
- Founded: 2019
- Headcount: 11-50
Hightop.com is a tech company that offers digital banking services powered by cryptocurrency and decentralized finance (DeFi). With their app, users can access high DeFi yields, earn rewards for saving and giving, and enjoy a full-service financial experience. Hightop aims to unlock the power of crypto and DeFi for everyone, bringing financial opportunities and promoting financial freedom.
12. ProfitStance - Crypto Tax and Accounting Platform
- Website: profitstance.com
- Headquarters: Provo, Utah, United States
- Founded: 2017
- Headcount: 11-50
ProfitStance provides web-based software to simplify and automate cryptocurrency tax reporting for individuals and accounting firms.
13. Zatabit
- Website: zatabit.com
- Headquarters: West Jordan, Utah, United States
- Headcount: 11-50
Zatabit provides a platform for securely managing cryptocurrency transactions and investments. Hassle-free cryptocurrency management with cutting-edge security protocols
14. Switch Reward Card
- Website: switchrewardcard.com
- Headquarters: Ogden, Utah, United States
- Headcount: 11-50
Switch is a blockchain-based financial services ecosystem offering debit payment solutions for traditional and cryptocurrencies globally. Users can switch instantly between currencies and spend BTC, ETH, and USDC using their Switch Visa Debit card at millions of merchants worldwide.
15. Clarus
- Website: clarus.tech
- Headquarters: Salt Lake City, Utah, United States
- Headcount: 11-50
Clarus.tech is a technology company that offers innovative solutions in blockchain, finance, and security. They develop comprehensive IT solutions, provide consultations, and create their own blockchain-based products. Their passion is to create a safer, more open, and unified world by utilizing advanced technologies to enhance their global clients' businesses.
16. eCash.com
- Website: ecash.com
- Headquarters: Taylorsville, Utah, United States
- Founded: 1998
- Headcount: 11-50
ECash is a leading financial platform that allows for online payment and easy fund transfer across the globe. It was founded in 1995 and offers a range of financial services including transactions, crypto-currency, eCommerce, Ripple, BitCoin, wallet, merchant account, and payment card.
17. Atomic
- Website: atomic.financial
- Headquarters: Salt Lake City, Utah, United States
- Founded: 2019
- Headcount: 51-200
- Latest funding type: Series B
Atomic Financial is a leading provider of payroll connectivity solutions, empowering millions of consumers with new financial services. They offer a highly customizable and secure platform that enables customers to get paid and make payments in cryptocurrencies. With Atomic's developer toolkit and SDK, users can easily build financial products in hours. The company's mission is to unlock new financial opportunities for consumers through the power of payroll data.
18. FLEX Credit Union Technology
- Website: flexcutech.com
- Headquarters: Sandy, Utah, United States
- Founded: 1978
- Headcount: 51-200
Flexcutech is a company that provides efficient core software solutions for credit unions. They offer products and services such as cards, lending, member services, mobile banking, operations, and paperless website design.
19. Nui Social
- Website: nui.social
- Headquarters: Lehi, Utah, United States
- Founded: 2016
- Headcount: 11-50
- Latest funding type: Acquired
Nui.social is a company harnessing the power of blockchain to pave a path to success. Through education, opportunity, and innovation, they aim to bring blockchain technology to the masses. Their mission is to empower people globally to take control of their financial situation.
Want to find more fintech companies?
If you want to find more companies that offer varying products such as secure APIs, financial data aggregation, and fraud management solutions you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.
With Inven you'll also get to know the company's:
- Ownership: Which of these are private equity backed? Which are family-owned?
- Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
- Financials: How do these companies perform financially? What are their revenues and profit margins?
...and a lot more!
