Top 10 London fintech companies

Financial technology is an exciting industry ripe with innovation. We showcase the top 10 London fintech companies to watch out for

London is a prime location for fintech unicorns – including Revolut, Wise and Oaknorth.

Fintech companies are some of the most successful worldwide. A respectable 334 fintech unicorns being named in the 21st century alone, according to

To save you a wade through the depths of the internet, here are ten London fintech firms you need to know about.


Founded: 2018

Investors: Insight Venture Partners, BACKED VC, Force Over Mass Capital, Love Ventures Kuvi Capital, Paul Forster, Acrew, OM2, Firestartr

Banked offers real-time payments for consumers, businesses and banks. It aims to improve customer experience, business efficiency and cost effectiveness.

It promises that businesses will increase conversion, reduce costs, manage fraud and risks and easily handle integrations.


Weavr logo

Founded: 2018

Investors: Tiger Global, QED Investors, Anthemis, Mubadala, Latitude, Headline, Seedcamp, Force Over Mass Capital, UFP Fintech

Weavr is a ‘plug-and-play’ finance platform, allowing you to enhance your digital business offering by adding embeddable financial products. No coding experience is required.


Founded: 2020

Investors: Ascension Ventures, Haatch, Active Partners, Velocity Juice, Sivo, Active Partners

Plend’s pledge is that they are ‘levelling the playing field’ on loans and making the whole process more inclusive. It’s a loans system that ‘gets to know the real you’ as opposed to assuming affordability based on ‘postcode, profession or past’.

Allica Bank

Founded: 2017

Investors: Atalya Capital, Warwick Capital, TCV

Allica is a ‘no-nonsense’ bank for more established businesses of 10-250 employees, with dedicated relationship managers all over the UK. It gives you the chance to earn over five per cent on your business savings.


Founded: 2012

Investors: 83North, Kindred Capital, Notion Capital, FTV Capital

Paddle is a payment infrastructure for software companies that removes payment fragmentation for its 4,000+ customers. It promises to make your billing operations faster, safer and simpler.


Founded: 2017

Investors: Quilam Capital, MoreThan Capital, Auluk Investments

Think of Updraft as a money management app for millennials, helping them to lower the cost of credit and make better decisions with their money.


Founded: 2015

Investors: Accel, Dawn Capital, Connect Ventures, Sunley House Capital Management, Citi Ventures

Soldo is aiming to make reimbursements obsolete by combining secure company cards with a business spend management platform. It says that it can automate 80 per cent of your financial processes.


Founded: 2021

Investors: Index Ventures, Bessemer Venture Partners, Visionaries Club

Apron allows you to pay your suppliers. You can even pull all of your invoices together and batch-pay suppliers. Payments are automatically reconciled in your banking app.


Founded: 2013

Investors: Quilam Capital

Grow, borrow, spend and share money in a greener way with Tandem, with the option of taking out mortgages, home loans, home improvement loans and motor finance. Tandem partners with the Loop app which helps you split and share money between loved ones more easily.  


Founded: 2016

Investors: 83North, Molten Ventures, Goldman Sachs, Lloyds Banking Group, Nationwide Building Society, Barclays, Mastercard, Draper Espirit

Form3 is a payment technology platform that integrates across multiple payment schemes. It comes with scale-as-you-grow tech and keeps up with changing regulations to insulate you from changes to the broader payments landscape.

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Anna Jordan

Anna is Senior Reporter, covering topics affecting SMEs such as grant funding, managing employees and the day-to-day running of a business.

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