BusinessCloud can reveal its FinTech 50 innovation ranking for 2022. 

Readers of the online technology publication and an independent judging panel have together decided the 50 companies blazing a technology trail in finance.

The FinTech 50 celebrates businesses of all sizes creating original tech for payments and the financial industry.

London-headquartered Keebo, a new entry which has created a credit card and app to help people on to the credit ladder, tops the ranking. It aims to ‘jumpstart the futures’ of freelancers, creators, entrepreneurs and young people.

Snoop, which is based in Norwich and London, is second. Led by former Virgin Money CEO Dame Jayne-Anne Gadhia, it helps people spend, save and live smarter through data-driven, personalised money-saving suggestions known as ‘Snoops’.

London-headquartered Ordo, a company behind real-time bank transfers and invoice tracking, is third. Ordo takes the hassle out of collecting payments via its encrypted request-for-payment service, resulting in reduced costs, immediate money transfer, automatically reconciled payments and improved invoice security.

Tumelo, based in Bristol, is fourth ahead of London’s Fidel API. The former is a pioneering impact-focused financial technology firm with a vision: by 2030, every investor will hold a shareholder’s vote.

In seventh, behind GoCardless, is wi-Q. The Manchester startup has built a cloud-based mobile ordering solution for restaurants and hotels: with no app to download, customers can instantly order and pay by scanning a QR code or entering a URL.

One Utility Bill, Contis and Wealthify round out the top 10.

BankiFi, based in Manchester, is 11th. The company’s technology platform aims to put banks at the heart of business by adding FinTech capability and versatility – including accounting, invoicing and payments – to the traditional players’ list of services.

Wealth Wizards, based in Leamington Spa, is 13th. The company was founded in 2009 with the aim of making expert financial advice affordable and accessible to everyone.

Other businesses to feature are core banking tech firm Thought Machine (London); micro-investment platform Wombat (London); CrowdX (Glasgow), which aims to be like a public market for private companies; Omnio, a high-growth financial services infrastructure provider; and intelligent rebate management solution e-bate (Leicester).


The ranking in full:

FinTech 50 – UK’s most innovative financial technology creators for 2022

BusinessCloud called on its readers to vote for companies from the 169-strong shortlist and saw around 1,700 votes pour in.   

A combination of these votes and choices from an independent judging panel determined the top 50. 

Our InsurTech 50 and RegTech 50 rankings were decided alongside the FinTech 50 and celebrate businesses creating tech for the insurance industry and compliance respectively.

The judging panel for the rankings was comprised of:  

  • Anna Korzeniowska, head of experience & acting FinTech lead, Tech Nation
  • Janine Hirt, CEO, Innovate Finance
  • Helene Panzarino, associate director, Centre for Digital Banking and Finance
  • Andy Thornley, head of financial services, techUK
  • Jonathan Symcox, editor, BusinessCloud