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

NEW YORK, Oct. 5, 2021 /PRNewswire/ -- CB Insights today named Quantexa 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 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."

"We are delighted to be recognized as one of top 250 FinTech startups of 2021," said Vishal Marria, CEO and founder of Quantexa. "CB Insights is one of the key market intelligence authorities in the data space, and their recognition of our Contextual Decision Intelligence platform, which leverages best-in-class Entity Resolution, Network Generation and AI technology, only reinforces our fundamental belief in the power of connecting data."

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.

Quantexa's ground-breaking Contextual Decision Intelligence platform is helping organizations take the efficiency and accuracy of their master data, risk and compliance programs to a new level, at a time when cloud migration, digital transformation and resilience have never been more important. By joining the dots of internal and external data, organizations can create a scalable, true single customer view and deploy new data and analytics technologies such as entity resolution, graph analytics and AI, to create graph-based network views, supporting any number of use cases, all from a single software platform.

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 to Nubank, Uala, Brex, Vouch, Razorpay, and BharatPe. Tiger Global Management and Accel were close behind with 57 and 55 deals, respectively.

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 Quantexa
Quantexa is a global data and analytics software company pioneering Contextual Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa's platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, financial crime, customer intelligence, credit risk, fraud and throughout the customer lifecycle.

The Quantexa platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has over 360 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Washington DC, Brussels, Toronto, Singapore, Melbourne and Sydney.

For more information, contact Quantexa here or follow us on LinkedIn.

SOURCE Quantexa