Bloomberg Intelligence has identified 50 companies that warrant a closer look this year based on a list of Focus Ideas, which combine contrarian views and upcoming catalysts for change. Bloomberg Intelligence’s Tim Craighead runs down the companies that made the list and why on Bloomberg Television.

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IF YOU’VE EVER PAID FOR SOMETHING WITH YOUR PHONE OR PC?
TRANSFERRED MONEY USING AN APP OR CHECK YOU BANK STATEMENT ONLINE ?
THEN YOU ALREADY PART OF A MULTI – BILLION DOLLAR INDUSTRY., IS CALLED FINETECH AND ITS CHANGING ECONOMICS AROUND THE WORLD. TODAY WE ARE COUNTING DOWN THE FIVE BEST FINTECH COMPANIES IN USA.

1. Stripe

Founded: 2010
Founders: Patrick and John Collison.
CEO: Patrick Collison.
president :John Collison.
Stripe, $35 billion.
Its software platform lets businesses accept online payments, with customers ranging from small websites to Amazon and Facebook. In 2019, Stripe launched a new corporate credit card and small business loans, which are automatically repaid from payments it processes for borrowers. 

2. Ripple
Co founders: Chris Larsen, ; Jed McCaleb, ; Arthur Britto.
CEO: Brad Garlinghouse, , a former AOL president.
VALUE : $10 billion.
Facilitates international payments, including with a cryptocurrency created by its founders, XRP, for 300 institutional clients, including Standard Chartered and Santander. In 2019, sold $500 million of XRP, using proceeds to expand and invest $50 million in MoneyGram, which now uses XRP in 10% of its cross-border transactions to Mexico.

3. Coinbase
Co founders: Brian Armstrong and Fred Ehrsam.
VALUE : $8.1 billion.
Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more. Based in the USA,
There mission is to create an open financial system for the world and to be the leading global brand for helping people convert digital currency into and out of their local currency.
Video : San Francisco Blockchain Week

4. Robinhood,
Robinhood was founded in April 2013 by Vladimir Tenev and Baiju Bhatt, who had previously built high-frequency trading platforms for financial institutions in New York City, value : $7.6 billion.
The mobile app offers commission-free trading of stocks, ETFs, options and cryptocurrencies. Late last year, it launched “cash management,” a feature that pays 1.8% interest on uninvested cash in your brokerage account. 

5. Chime
Cofounders: Chris Britt & Ryan King.
Value : $5.8 billion.
Neobank Chime offers no-fee checking accounts with the option to automatically round up purchases and deposit the change into savings accounts. The mobile-only bank offers a debit card, fee-free overdraft protection of up to $100 and access to paychecks up to two days early.

Credits :
youtube channel of each companies
San Francisco Blockchain Week
https://www.freepik.com/premium-vector/illustration-businessman-jumps-rejoice-because-he-making-investments-bitcoin-blockchain_6942017.htm#position=0

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