Forbes has released its Fintech 50 list this week, with six blockchain companies in the compilation of the best financial technology companies in the media.
Forbes wore a ‘Blockchain and Bitcoin’ category tag and mentioned Axoni, Chainalysis, Coinbase, Everledger, Makergar and Ripple in the top 50 fintech list for 2020, released on February. 12.
Other contenders on the list were companies such as Plaid, Opendoor and Lemonade, classified under payments, real estate and insurance, respectively.
With a series of categories within fintech, Forbes has compiled its 2020 list alphabetically.
Of the six blockchain and crypto-related categories, crypto exchange powerhouse Coinbase praised the most funding, at $ 525 million. Ripple came in second with $ 293 million. Everledger placed the smallest financing base among listed crypto companies, at $ 20 million.
Forbes noted three agreements for the 50 listed fintech companies with regard to shareholding, location and services.
“A number of things that all of our Fintech 50 2020 choices have in common: they are private companies with branches or customers in the US, and they make it easier, faster and cheaper to use financial services,” the media explained.
Of the 50 companies mentioned, 48 call home to the US. The two remaining fintech players are based in London in the United Kingdom.