Best Fintech Companies in the UK

The growth of fintech companies in the UK has been quite incredible. In 2021, the fintech industry reportedly attracted a record $11.6 billion in investment. This was almost half of all investments in Europe. Based on research, TechPolyP attributes this massive growth of the best fintech companies in the UK to world-class talent and business-friendly regulations. The availability of business capital in the country is also instrumental here. It is then safe to say that the UK is divinely made in heaven for financial businesses of all structures. This also includes how fintech is simplifying finance.

Hence, this article discusses the best fintech companies in the UK. The companies featured on our list are worth keeping a close eye on in the future.

Revolut as one of the Best Fintech Companies

Nik Storonsky and Vlad Yatsenko founded Revolut in the United Kingdom in 2015 with a LinkedIn page. Revolut is in London and is one of the best fintech companies in the country. It is a neobank that empowers more than 20 million individuals and helps 950,000 businesses manage their expenses from a single app.

In 2021, the company received $800 million in Series E funding, which was co-led by Softbank Vision Fund 2 and Tiger Global. Its success has brought its total valuation to $33 billion and made it the most valuable fintech company in the UK.

While speaking about the funding, Nikolay Storonsky, Revolut’s CEO, said that the investment would further the company’s mission of “building a global financial super app. This mission targets customers to manage all their financial needs through a single platform.”

Wise as a Fintech Company in the UK

Wise, formerly known as TransferWise, has its headquarters in London. It operates as a cross-border payment platform that allows businesses and individuals to send, spend, and receive money internationally.

Skype alumnus Taavet Hinrikus and Deloitte alumnus Kristo Käärmann created a more efficient way to transfer money in 2011. They cost of sending money overseas frustrated them.

In 2025, Wise will operate in more than 80 countries. According to research, Wise emerges as one of the best fintech companies in the UK owing to its proven track record in the industry. They also support 54 different currencies, including the Romanian leu (RON) and Polish złoty (PLN).

Wise has leveraged investors like Silicon Valley Bank and Index Ventures to raise $1.3 billion in funding. The company became a public company on the London Stock Exchange in 2021, and you can follow the bank on LinkedIn.

Monzo Bank as a Fintech Company in the UK      

Monzo Bank was founded in 2015. Its founders planted its headquarters in London with a mission to make money work for everyone. Years later, Monzo would become one of the best fintech companies in the UK. It offers digital banking solutions like loans, instant payments, and savings. It also tracks receipts for more than 6 million users in the UK and the US.

Monzo has a LinkedIn account and has raised $1.1 billion in funds from investors like Tencent, Accel, and Y Combinator. The 2021 valuation placed the fintech company at $4.5 billion.

Starlink as a Fintech Company in the UK

In 2014, Anne Boden established Starling Bank, which would later become one of the best fintech companies in the UK. People have always regarded Starling Bank as Britain’s first digital bank. The bank has also consecutively won the British Bank Award.

Like others above, Starlink Bank is located in London and has a LinkedIn page. It offers various consumer accounts, whether personal or joint. It also offers business accounts that can be set up on the same day, with zero monthly fees and simple accounting tools.

Part of its features as one of the best fintech companies in the UK were its perks, such as instant notifications. It also has spending and income, no overseas charges, and 24/7 customer support.

The financial technology startup introduced its budgeting tool for small businesses in 2022. This tool allows Starling’s clients to pay direct debits and standing orders from their savings automatically. Moving forward, customers can also automate payments directly from their accounts.

Starling Bank’s commitment to green banking and carbon neutrality has always been evident. In 2021, the company became a founding member of TechZero, a climate action group for UK tech companies committed to fighting the climate crisis.

ManyPets as a Fintech Company in the UK

Steven Mendel and Guy Farley established ManyPets in 2017. Its headquarters are also in London. ManyPets has won several awards as an insurance company that provides coverage for 50,000 cats and dogs worldwide.

It is one of the best fintech companies in the UK. Customers enjoy up to £15,000 in vet fee coverage. The company also offers 24/7 free video vet calls and multi-pet discounts on the same policy.

The fintech company once emerged as Pet Insurance Provider of the Year in 2021 and won the 2022 Moneyfacts Consumer Award. It also communicates officially through its LinkedIn account.

Equals money 

Equals Money was established in 2007. It’s one of the best fintech companies in the UK. It also had its headquarters in London. Equals Money allows businesses to manage cash flow efficiently. It can also help move money worldwide quickly in a bid to scale faster. The company’s official communication is on LinkedIn. The company backs international payments in well over 140 currencies. Equals Money also provides multi-currency business accounts, physical and virtual company cards, and expense management and budgeting.

Equals Money is a subsidiary of the Equals Group. It’s a company listed on the London Stock Exchange.

 Arabesque Asset Management 

Arabesque Asset Management is a fintech company that puts its fortune in companies strategically positioned for long-term financial success. It adopts artificial intelligence to identify sustainable equities, mitigate investment risks, and increase the ROI of its portfolio companies.

Arabesque Asset Management is one of the best fintech companies in the UK, and it is a subsidiary of Arabesque Group. AG is a global financial technology company with core services across AI-powered business analytics, investment, and advisory.

Zilch 

Zilch is a BNPL, a fintech company based in Victoria, England. BNPL stands for “Buy now, pay later”. The company was established in 2018. Zilch offers a mobile payment solution through which people can make zero-interest purchases on e-commerce sites that accept Mastercard and eBay, including Amazon, Tesco, ASOS, and John Lewis.

When Zilch customers reach the digital checkout on an e-commerce website, they can pay 25% of the cost of an item. They can, however, pay the rest over six weeks. But if they pay at once, they get a 2% cashback.

As of 2022, the company had acquired over 2 million customers in less than four years of its establishment. Zilch has raised $389.3 million from investors like Gauss Ventures, DMG Ventures, and Ventura Capital. The company communicates officially on LinkedIn.

Superscript 

Superscript, established in 2015, was formerly known as Digital Risks. It provides flexible insurance based on subscription coverage for small and medium-sized businesses in the UK.

The company’s headquarters is in London, and it communicates officially on LinkedIn. Superscript provides fully customizable insurance coverage, from public liability to personal accident insurance, and it was developed to fit over 1,000 business types.

PremFina 

Bundeep Singh Rangar established PremFina in 2015. The company is committed to making insurance flexible, affordable, and accessible for everyone.

PremFina also has an official communication on LinkedIn. It is an insurance premium fintech company that provides direct debit payment facilities to insurance companies and their customers. PremFina has raised $36 million from a series of tech investors, including Molten Ventures and Rakuten Capital.

Final Note

These best fintech companies emerged based on precedents. Their track records have placed them in the limelight as financial technology companies one can trust in their respective lines of interest.