Massachusetts' Top 21 Prominent Fintech Companies
Massachusetts' Top 21 Prominent Fintech Companies
The fintech industry in Massachusetts is a dynamic sector encompassing a multitude of financial technology firms that deliver innovative products and services, tailored to meet the evolving demands of consumers and businesses. These firms, ranging from digital lenders to payment processors and cryptocurrency platforms, leverage advanced technologies to enhance financial transactions and asset management. As technology continues to reshape financial services, these Massachusetts-based fintech companies are set to propel this progressive movement, exploring new frontiers in digital finance, artificial intelligence, and blockchain technology.
Top 21 fintech companies in Massachusetts
1. Circle
- Website: circle.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2013
- Headcount: 501-1000
Circle is a company that offers a range of financial services. With a focus on innovation and technology, they provide solutions for digital asset management, cryptocurrency trading, and peer-to-peer payments.
2. Cayan LLC
- Website: cayan.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 1998
- Headcount: 201-500
Cayan.com is a company that provides solutions for payment processing and merchant services. They offer support for EMV, online solutions, and privacy and security compliance. Customers can access account information online and receive assistance from their customer support team. The company focuses on helping businesses manage their accounts and offer convenient payment options for their customers.
3. Lendbuzz
- Website: lendbuzz.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2015
- Headcount: 51-200
- Latest funding type: Debt Financing
Lendbuzz.com offers fast and simple end-to-end digital financing for vehicles. They provide fair access to car loans, even for those with no credit file or new to the U.S. They use artificial intelligence to offer rates tailored to each individual, not just their credit score.
4. Hometap
- Website: hometap.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2017
- Headcount: 51-200
- Latest funding type: Series Unknown
Hometap offers home equity investments, providing homeowners with a way to unlock the value of their homes without borrowing or monthly payments.
5. Tera
- Website: tera.cloud
- Headquarters: Boston, Massachusetts, United States
- Founded: 2018
- Headcount: 11-50
- Latest funding type: Pre Seed
Tera.Cloud offers a smart finance platform for businesses, providing comprehensive security for financial data and utilizing AI and machine learning to make smarter finance decisions. The platform includes features such as 360 Analytics, App Store integration, and Web and Mobile apps for easy access from anywhere. They also offer banking services, smart corporate cards, and solutions for accounts payable automation, spend management, and expense reimbursements.
6. Algorand
- Website: algorand.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2017
- Headcount: 51-200
- Latest funding type: Series A
Algorand is a blockchain technology company that offers a powerful and sustainable blockchain platform for the next generation of financial products and value exchange. They provide decentralized, scalable, and secure solutions without compromising on environmental sustainability.
7. Aliaswire, Inc.
- Website: aliaswire.com
- Headquarters: Burlington, Massachusetts, United States
- Founded: 2001
- Headcount: 51-200
- Latest funding type: Series A
Aliaswire is a payments innovation company focused on optimizing the way businesses pay and get paid. Their solutions, DirectBiller and PayVus, are designed by a team of smart and creative technologists. They offer digital bill pay and business credit card issuer services, partnering with banks and acquirers, ISOs, and VARs to cater to a wide range of industries and small businesses. Aliaswire has received more than 20 patents for their contributions to making payments faster, easier, and safer.
8. Almond FinTech
- Website: almondfintech.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2020
- Headcount: 11-50
- Latest funding type: Seed
Almond is an international funds network that seeks to remove barriers between people and money through borderless financial technology. They aim to provide better lives with fewer limits by enabling efficient cross-border payments and credit.
9. CoinMover
- Website: coinmover.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2018
- Headcount: 11-50
- Latest funding type: Seed
CoinMover is a USA-based company that offers Bitcoin ATM services, allowing customers to convert cash into Bitcoin instantly. They are registered with the U.S. Department of Treasury FinCEN and partner with retail locations for convenient access. With world-class customer support and secure transactions, CoinMover makes it easy for individuals to enter the cryptocurrency market.
10. The Crypto Corp.
- Website: thecryptocorp.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2018
- Headcount: 11-50
The Crypto Corp offers online cryptocurrency resources to help people understand and invest in digital currencies like Bitcoin and blockchain technology.
11. Genesis Accel
- Website: genesisaccel.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2021
- Headcount: 11-50
Genesis Accel offers payment infrastructure for crypto and enables crypto-to-fiat transactions for 30 fiat currencies and more than 90 cryptocurrencies, along with a native nonfungible token (NFT) solution that allows users to buy and sell NFTs.
12. Emergent International Payment Systems, LLC
- Website: emergentpayments.com
- Headquarters: Newburyport, Massachusetts, United States
- Headcount: 11-50
Emergent International Payment Systems, LLC is a US-based company specializing in innovative technology solutions that provide unbanked and underbanked consumers with access to virtual banking services, bringing them into the world of electronic payments and debit-card transactions. The company develops and markets bank-affiliated solutions tailored to the customers' unique lifestyles and personal affiliations and solves problems for people and the organizations they serve.
13. ZEROBANK - Your Local Currency
- Website: zerobank.cash
- Headquarters: Boston, Massachusetts, United States
- Founded: 2017
- Headcount: 11-50
Zerobank.cash offers online banking services with the aim to provide an easy, secure and cost-saving platform.
14. Blockstreet
- Website: blockstreet.io
- Headquarters: Boston, Massachusetts, United States
- Founded: 2017
- Headcount: 11-50
Blockstreet.io is a recently registered domain at Namecheap.com.
15. The Fresnel Companies
- Website: fresnelcm.com
- Headquarters: Newburyport, Massachusetts, United States
- Headcount: 11-50
The Fresnel Companies is a company that creates value for investors, entrepreneurs, and management teams, with a focus on funding companies that have the potential for parallel success paths for all parties involved.
16. Elan Financial Services
- Website: elanpaymentsolutions.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2000
- Headcount: 5001-10000
- Latest funding type: Acquired
Elan Payment Solutions is a company that provides products and services to optimize payment programs for organizations. They offer cost-effective alternatives to traditional payment methods and automate accounts payable processes. With industry expertise and a range of solutions, Elan helps organizations streamline payment and reconciliation processes, drive down costs, and optimize cash flow.
17. InvoiceCloud, Inc.
- Website: invoicecloud.com
- Headquarters: Braintree, Massachusetts, United States
- Founded: 2009
- Headcount: 201-500
Invoice Cloud is a company that provides electronic billing and payment solutions to businesses and municipalities. They offer a convenient and secure platform for customers to receive and pay bills online, through mobile devices, and via automated phone payments.
18. MineralTree, Inc.
- Website: mineraltree.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2010
- Headcount: 51-200
- Latest funding type: Acquired
MineralTree is a provider of AP Automation solutions that help businesses streamline their accounts payable processes. Their invoice-to-pay solution allows clients to automate invoice capture, approval, payment authorization, payment completion, and AP analysis, reducing manual, time-consuming tasks. With connections to various ERP and accounting systems, MineralTree ensures efficient AP processing and reconciliation. They cater to industries like healthcare, non-profits, food and beverage, education, and retail, providing virtual card payments, ERP integration, and other resources. Over 3,000 customers trust MineralTree to optimize their payments and unlock greater efficiency.
19. Akoya
- Website: akoya.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2018
- Headcount: 51-200
- Latest funding type: Seed
Akoya.com is a financial data API provider that enables users to aggregate their financial accounts in one place. They offer services such as payment enablement, account opening, lending, credit enhancement, and more.
20. Centime Inc.
- Website: centime.com
- Headquarters: Boston, Massachusetts, United States
- Founded: 2021
- Headcount: 51-200
Centime is a cash management application that offers powerful solutions to help businesses manage their cash flow. It provides features like cash forecasting, automated accounts payable and receivable, and access to a working capital line of credit. With Centime, businesses can easily monitor key performance indicators and gain insights into their cash performance. The company aims to support growing businesses by providing efficient cash management solutions.
21. Coin Metrics
- Website: coinmetrics.io
- Headquarters: Boston, Massachusetts, United States
- Founded: 2017
- Headcount: 11-50
- Latest funding type: Series C
CoinMetrics.io is a company that organizes and provides transparent and accessible crypto data. They offer a wide range of products, including market data, indexes, and benchmarks for institutional investors. Their data products meet the requirements of IFRS 13 and ASC 820 and are suitable for security and compliance auditing.
Want to find more fintech companies?
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