In the Top 10 of the best financial technology companies in the US, there are three companies that deal with cryptocurrencies. These are Ripple, Coinbase and Robinhood, the ranking was prepared by Forbes. For all three it is a reconfirmation because they were already present in 2019.
The famous business magazine observed the market value of the 10 companies, which has grown since last year, from an average of 6 billion to 9 billion dollars.
Among the companies that grow the most is Ripple, which reaches 10 billion dollars and the second position in the ranking.
Complete ranking of the 10 best Fintech companies in the United States
Here is the ranking of the 10 best Fintech companies in the United States:
- Stripe, $ 35 billion;
- Ripple, $ 10 billion;
- Coinbase, $ 8.1 billion;
- Robin Hood, $ 7.6 billion;
- Chime, $ 5.8 billion;
- Plaid, $ 5.3 billion;
- SoFi , $ 4.8 billion;
- Credit Karma , $ 4 billion;
- Opendoor , $ 3.8 billion;
- Root, $ 3.7 billion.
In the same ranking compiled by Forbes last year, Ripple was fourth with a value of 5 billion dollars. In today's ranking, Ripple has not only doubled its value to $ 10 billion, but, Forbes explains, it can boast 300 institutional clients, including Standard Chartered and Santander.
Particularly appreciated was the investment of 50 million in Moneygram, which uses XRP in 10% of its international transactions to Mexico.
All this happened in 2019, a year that was really difficult for the price of XRP, that in any case is taking advantage of the upward trend of early 2020, reaching these days to touch the 30 cents again.
Compared to the previous year, Coinbase lost a position, moving from second to third place. If in the 2019 ranking it was worth 8 billion dollars, in 2020 its value is slightly higher and equal to 8.1 billion. To do your strength right now, there is the option of open custody services to institutional clients, create a personal wallet and insert among those cryptocurrencies listed those that protect the most privacy.
Robinhood, good but off the podium
The mobile application offers cryptocurrencies along with other financial services. However, in 2019, its users grew “alone” by 13%, while they doubled in 2018. However, Robinhood's value went from 5.8 billion to 7.8 billion. Not bad.