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Titan Named to the 2021 CB Insights Fintech 250 List of Top Fintech Startups

·6-min read

Titan Honored for Achievements Towards Building a New, Modern Fidelity and Launching the First Actively Managed Portfolio of Cryptocurrency Assets

NEW YORK, October 06, 2021--(BUSINESS WIRE)--CB Insights today named Titan to the fourth annual Fintech 250, a prestigious list of emerging private companies working on groundbreaking financial technology. This year’s list was unveiled on stage at CB Insights’ Future of Fintech conference in New York City.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211006005834/en/

Titan Co-Founders from Left to Right: Joe Percoco, Max Bernardy, Clayton Gardner (Photo: Business Wire)

"This is the fourth class of the Fintech 250, and it’s also the most international, representing 26 countries. These 250 fintech startups are attacking an incredibly diverse array of financial services opportunities across 19 sectors, including digital banking, insurance, payroll, retail investing, and more," said CB Insights CEO Anand Sanwal. "After being named to the CB Insights Fintech 250 last year, the 2020 class saw 17 companies go public and 25 get acquired. They also went on to raise over $25B in additional financing and forged more than 380 new partnerships after being recognized. The Fintech 250 has a history of spotlighting the very best fintech companies, and this year is no different. We're excited to see how these fintech startups disrupt and transform financial services in the years ahead."

"Being named to the CB Insights Fintech 250 List is a testament to the hard work and forward thinking of the Titan team to reimagine the investment management and fintech ecosystem," said Clay Gardner, Co-CEO & Co-Founder, Titan. "Since Joe Percoco, Max Bernardy and I founded Titan four years ago, we've seen incredible momentum with our retail investor clients. What's been most satisfying is to see the lives we've changed for the better by democratizing access to elite investment products and insights previously available to only the ultra-wealthy. We're building the next Fidelity. So far, so good."

Through an evidence-based approach, the CB Insights Intelligence Unit selected the Fintech 250 from a pool of over 17,000 companies, including applicants and nominees. They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.

HOW TITAN WORKS

What Fidelity and its iconic mutual funds were for baby boomers, Titan is for new generations of investors. Titan is the first DTC, mobile-first investment platform where everyday investors, irrespective of wealth, can have their capital actively-managed by investment experts in long-term strategies. Like investment giants before it, the initial strategies on Titan’s platform are predominantly in stocks (for instance, its large cap growth strategy called "Flagship" aims to be a modern version of the revered Magellan Fund). But the platform is quickly expanding into other asset classes, entering new territory where legacy players have yet to tread.

In July, Titan closed $58M in Series B fundraising led by Andreessen Horowitz (a16z), with participation from existing investors including General Catalyst, BoxGroup, and Ashton Kutcher's Sound Ventures. In August, the company announced the official launch of Titan Crypto the first-ever actively managed portfolio of cryptocurrency assets available to all U.S. investors*. The mobile-first investment company allows Titan clients to access the world’s top growth investments with no previous knowledge or understanding of cryptocurrency and zero performance-based fees or lock-ups.

Fintech 250 2021: Investment Highlights

  • Unicorns: 118 of the 250 companies (47%) are valued at or above $1B as of their latest funding round

  • Funding trends: In 2021 year-to-date (YTD), these 250 private companies have raised $40.3B in equity funding across 275 deals (as of 9/14/21)

  • Mega-rounds: Since 2020, there have been 178 mega-round ($100M+) equity investments to this year’s Fintech 250, with 138 of them in 2021 YTD

  • Global representation: 36% of the 2021 Fintech 250 are based outside the US. After the US, the UK is home to the most Fintech 250 companies (25), followed by India (12). This year’s winners are based in 26 countries, including France, Brazil, Germany, Indonesia, and Nigeria.

  • Top VC investor: Ribbit Capital is the most active investor in this year’s Fintech 250 companies, having invested in 62 deals since 2016. Since 2019, Ribbit has participated in 41 deals with this cohort of companies, including Nubank, Uala, Brex, Vouch, Razorpay, and BharatPe. Tiger Global Management and Accel were close behind with 57 and 55 deals, respectively.

The Fintech 250 Companies (in alphabetical order):

Addepar

Deel

Next Insurance

TaxBit

ADDI

Deliverect

NIUM

Thimble

Agicap

Deserve

Notarize

Thunes

Airbase

Digit Insurance

Nova Credit

Tide

Airwallex

Divvy Homes

Nubank

Tipalti

Alan

DriveWealth

Nymbus

Titan

Albert

EBANX

Ocrolus

Toss

Alchemy

Embroker

Onfido

Tractable

Alloy

Enfuce

Opay

Trade Republic

AlphaSense

EquityBee

Orum

Tradeshift

Alto IRA

Ethos Technologies

Pacaso

Treasury Prime

Amber Group

Extend

Papaya Global

Truebill

Amount

Fairmarkit

Pave

TrueLayer

Anchorage Digital

FalconX

Paxos

Truework

Arturo

Finix Payments

PayCargo

Trulioo

At-Bay

Finoa

Payfazz

Trumid

Atom Finance

Finxact

PayFit

Trust & Will

Autobooks

Fireblocks

PayMongo

Uala

AvidXchange

FloQast

PaySend

Unit

Balance

Flutterwave

Paystand

Unqork

Belvo

Flyhomes

Pennylane

Upgrade

Bestow

Fondeadora

Petal

Valon

Betterment

Forter

Pie Insurance

Varo Bank

BharatPe

Freo

Pilot.com

Vise

Bitcoin Suisse

FTX

Pine Labs

Vouch Insurance

Bitpanda

Fundbox

Pipe

Wealthfront

Bitso

Genesis Global

Plaid Technologies

WeBull

Bitwise Asset Management

Glia

Pleo

wefox

Blockchain.com

GoCardless

PolicyGenius

WeLab

BlockDaemon

Greenlight

PPRO

Wyre

BlockFi

Greenwood

PrimaryBid

Xendit

BlueVine

Groww

Produce Pay

Xfers

Bolt

Guideline

Public

YieldStreet

Borrowell

Gusto

Qonto

Zego

Bought By Many

Hash

Qualia

Zenoti

Brex

Hi Marley

Quantexa

ZEPZ

Brightflag

HighRadius

QuintoAndar

Zeta

C2FO

HMBradley

Railsbank

Cambridge Mobile Telematics

HomeLight

Rally

Capchase

Hometap

Ramp Financial

Capital Float

Human Interest

Rapyd

Capitolis

Hyperscience

Razorpay

Carta

HYPR

Recharge

CashFree

iCapital Network

Relay Payments

Cedar

Immuta

Remote

Celo

Juniper Square

Reserve Trust

CertiK

Khatabook

Revolut

Chainalysis

Klarna

Rhino

ChargeBee Technologies

Konfio

Rho Business Banking

Check

Ladder

Ripple

Checkout.com

LeaseLock

Roofstock

Chime

Ledger

Scalable Capital

Chipper Cash

Lili

Settle

Clear

Lithic

Signifyd

Clearco

Loft

SimpleNexus

Clip

Lukka

Snapdocs

Coalition

Luko

Snappy App

Codat

Lunar

Socotra

CoinDCX

M1 Finance

Socure

ComplyAdvantage

Mambu

Solarisbank

Copper.co

MANTL

Spendesk

Corvus Insurance

Melio

SpotOn

Cowbell Cyber

Mercury

Spruce Holdings

CRED

Messari

Stampli

Credit Sesame

Mission Lane

Starling Bank

Creditas

MobileCoin

Stash

Cross River Bank

Modulr

StashAway

Current

Mollie

Step Mobile

CyberCube

Monzo

Stripe

DailyPay

MX Technologies

Sunbit

Dapper Labs

Narmi

Synthetix

About CB Insights

CB Insights builds software that enables the world's best companies to discover, understand, and make technology decisions with confidence. By marrying data, expert insights, and work management tools, clients manage their end-to-end technology decision-making process on CB Insights. To learn more, please visit www.cbinsights.com.

About Titan

Titan is the new-guard investment platform bringing premier investment management to the everyday investor, seeking to rival giants Fidelity and BlackRock. Based in downtown Manhattan, Titan was founded by Clayton Gardner, Maxwell Bernardy, and Joe Percoco. Similar to the mutual fund platforms of the past, Titan has a fleet of open-access actively-managed strategies. Unlike legacy players, Titan is mobile-first, enabling investors to have an investment experience directly with the end investment managers. Titan's mission is to lead the world to better wealth and be the investing authority for its generation. Check out Titan at www.titan.com.

*At launch, Titan Crypto will be available to all U.S. residents except those with home addresses in New York. Our custodial partner is still awaiting regulatory approval to offer crypto to New York residents. We’ll notify all waitlist signups once New York residents are approved to use Titan Crypto.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211006005834/en/

Contacts

Jack Taylor PR
Morgan Kilmer
816.868.5229
titan@jacktaylorpr.com

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