This article showcases our top picks for the best Austria based Fintech (Financial Technology) companies. These startups and companies are taking a variety of approaches to innovating the Fintech (Financial Technology) industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top Austria Fintech (Financial Technology) Companies
Bitpanda is a leading European neobroker on a mission to democratize the complex world of investing. Founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer, the company is a firm believer in transparency and making it as easy as possible for everyone to start investing.
Bitpanda removes complicated financial barriers by harnessing the innovative power of digitised assets and blockchain technology. With low fees, 24/7 trading and real-time settlement, Bitpanda empowers users to shape their financial futures – on their own terms..
kompany is the RegTech platform for Global Business Verification and Business KYC providing the audit-proof, primary source, and time-stamped company information from 150+ jurisdictions in real-time. It is headquartered in Vienna, Austria, and has offices in Singapore and the UK.
Since being founded in 2012, kompany has attracted a unique pool of top developers, regulatory experts, and product managers from around the world. It is a government licensed clearing house and official distributor for commercial and business registers in multiple countries worldwide..
ready2order was started as a hobby project with the main purpose to eliminate administrative overhead for entrepreneurs by providing a digital cash-register application. Since summer 2015 we have simplified the daily business of more than 10.000 entrepreneurs of small businesses with our Point of Sale.
Additionally, we launch new verticals such as payment and banking. Currently, we open the German market which offers a huge growth opportunity to 10x.
There are countless small businesses out there that we rely on every day. The cool new coffee shop, the hairdresser I trust or the kebab shop around the corner.
All of them are lovely people, with great ideas, who love to go the extra mile for their customers and their passion. It is time to strengthen the small businesses and finally bring clarity into the jungle of self-employment, guidelines, and laws! That is why we have to push the boundaries of what is possible together.
Because we do not accept that so many obstacles are put in the way of small businesses. Instead, we use smart software and thus take our fate into our own hands.
We are building a tool with experts from tax consulting, business, compliance and law, which enables small businesses to have the freedom to make their own decisions and to do what is important to them and what makes their company what it is.. .
bsurance operates with a B2B2C business model and digitalises, individualises and develops innovative insurance products. bsurance embeds these products in the simplest way possible into existing sales processes, products or services, and right where it matters: in apps, web shops, or cashier systems – directly at any given Point-of-Sale.
End-customers are thus given easy access to fair and relevant insurance products. Access to the end-customers is exclusively via B2C cooperation partners.
Insurance partners act as insurance product providers and/or risk carriers. Using REST APIs, B2C partners and insurance partners are connected to a cloud-based insurance management platform developed by bsurance.
The entire insurance management process is 100% digital end-2-end. The platform issues policies in real-time and takes care of both billing, and handling of claims.
Advantages for B2C partners: Unique added value to products or services / Strong competitive differentiator / Increase in sales / Higher customer loyalty / Development of sustainable ecosystems. Advantages for insurance partners: New customer segments / Increase in sales / Fast connection to any B2C sales platform / End-to-end digital processes / Short time-to-market..
Monkee aims to help people to improve their financial health. The app combines behavioral design, gamification and machine learning to support people to balance their finances and save more for their future.
The AI-driven Financial Health coach support to define saving targets, breaks them down into motivating goals and helps with soft interventions (nudges) to save for those targets. Monkee helps to build habits to bring spending and saving more into balance.
The company was founded in Austria. The app was launched in the kick-off markets Germany and Austria..
Blockpit has developed a cross-platform monitoring solution that is intended for both companies and private crypto currency traders. This enables a clear calculation of the taxable crypto income and an acceptance of the tax return by tax consultants.
Crypto traders are often unaware of taxes on profits. Regular trading makes it difficult to keep track of the individual trades.
This is mainly because every single transaction, including the exchange within crypto currencies, must be valued as a taxable event. If the tax office requests a declaration or proof, it will be difficult to provide this afterwards.
This is where Blockpit’s software solution can help. The monitoring platform automatically records all sources of income and creates a clear log.
Every single transaction is imported and guarantees a daily documentation of all trades. In addition, the user receives an overview of the development of his portfolio and information on taxable profits and speculation periods.
Alarms for events such as value changes can be set in the system. The “Tax tips” option provides suggestions for tax optimization and information on regulatory changes in the crypto area.
wikifolio.com enables traders to turn their portfolios into fully-fledged financial products (“wikifolios”), listed on Europe’s leading exchange for structured products. Thousands of different trading strategies have already been built on the varied investment universe of more than 100,000 stocks, funds, exchange-traded-products (ETFs, ETCs and ETNs) as well structured products (incl.
investment certificates and leveraged products). With wikifolio.com, investors can easily invest in the best suited trading strategies by ordering wikifolio-certificates via a brokerage account of their choice.
Every trade can be viewed in real-time on wikifolio.com alongside with all relevant key figures for a strategy as well as comments by traders. The FinTech company aims to set new standards for radical transparency and provides a fair fee-model..
primeCROWD is Austria’s biggest network of startup investors with currently over 1000 active investors, including the likes of high-profile business angels such as Johannes Siller, Markus Ertler and Heinrich Prokop. We foster the Austrian and European startup eco-system by connecting investors and startups.
Our startup portfolio covers FinTech, CleanTech, HeathTech, IT & Software, Big Data & Social Impact. We have run 19 successful campaigns with seed fundings over € 9M+, including: ::.
iDWELL ::. Farmdok ::.
MOVEEFFECT ::. Carbon Recovery ::.
STRATACT ::. Orderlion ::.
Domonda ::. CorpLife ::.
Addiko Bank is an international financial Group. Operating through six banks across its core business markets in Croatia, Slovenia, Bosnia and Herzegovina, Serbia and Montenegro efficiently providing clear and direct quality services for 0.86 million clients.
Addiko Bank provides online deposit services in Austria and Germany. The holding company AI Lake (Luxembourg) S.á r.l.
is the direct parent company of the Addiko Group and is indirectly owned by funds advised by Advent International, a global active private equity investor and the European Bank for Reconstruction and Development (EBRD). Addiko Bank has operated under this name since July 11, 2016 following the successful rebranding of the Group..
Investory is a startup Investor Relations SaaS platform. Enabling data-driven portfolio decision making for VCs and other startup investors.
Simplifying investor reporting and enhancing the fundraising process for startups. We aim to revolutionize startup capital markets, leveraging data and artificial intelligence..
Morpher empowers its users to trade stocks, commodities, and currencies with zero fees and infinite liquidity via Virtual Futures on Ethereum. Morpher’s users stake the protocol’s native token MPH on the price development of a market, e.g.
the Apple stock. The Protocol acts as counterparty and mints/burns MPH token proportionally to the price change of the underlying.
Morpher replicates the economics of trading traditional assets on the blockchain without engaging in trading the underlying. Via Morpher, intermediaries like banks, brokers, and index funds are replaced with an incorruptible protocol on Ethereum.
All markets on Morpher can be shorted, traded with leverage, and are infinitely liquid 24/7. Morpher can even create entirely new markets like the cannabis spot price, corporate fundamentals, or Bitcoin transaction costs..
Finnest is a corporate finance platform which provides established SMEs with an alternative access to the capital market and offers investors a key to private placements of financially sound enterprises. The company has developed a unique combination of corporate financing and crowd-investing.
The system is derived from book-building mechanisms known from corporate bonds and combines them with marketing and loyalty effects found in the crowd. Via a reverse blind auction, investors offer corporations an investment and fix the annual interest rates themselves.
At the end of the bookbuilding phase, the companies select the most attractive offers with 1 click. Finnest was founded by ex-banker Günther Lindenlaub and ex-eBay manager Joerg Bartussek in 2014.
It is currently headquartered in Vienna, Austria.. .
Elevator Ventures is the Corporate Venture Capital entity of Raiffeisen Bank International (RBI) headquartered in Vienna. Its primary focus is on early stage and growth investments in Fintech and related enabling technologies in Central and Eastern Europe.
In the role of a leading growth partner for Fintechs in CEE, Elevator Ventures leverages RBI Group`s expertise, network and corporate strength in order to help promising scaleups expand across this dynamic region and beyond.. .
FINABRO is your consultant for saving & investing! Proper saving and sensible investing is important for many parts of life. Saving money can be difficult – investing money wisely has become almost impossible.
The savings account gives zero interest rates and the different alternative investment forms are risky, intransparent and expensive.. .
Digital Claim automates claim recovery for travel and health insurance providers. Claim recovery is a costly and labor-intensive back office process for insurances.
Digital Claim uses machine learning technology to create a digital claim database and a proprietary software to automate the recovery process.. .
[credi2] develops and operates solutions for banks, financial service providers and trading companies in order to be able to offer their customers modern payment and financing solutions. [credi2] can rely on a proven technology platform that can handle all processes fully automatically, from the first customer contact to the enforcement of outstanding claims.
[credi2] cooperates among others with: Volkswagen Bank, Deutsche Handelsbank, BLSK, Raiffeisen Bank International and Erste Bank. One of the best-known product for end customers is cashpresso, a flexible credit line..
hi.health offers people with private health insurance convenient and safe access to health care billing via app or web. Users can easily submit their invoices digitally and hi.health takes care of the further processing, billing and customer service providing a seamless user experience.
With the integrated “library” users receive a transparent overview of relevant digital health products and services, that are (partially) covered by their insurance. hi.health operates at the intersection of digital health, fintech and insurtech.
While each of these rapidly growing markets are already exciting in themselves, their combination in one product is unique. The company was founded by Sebastian Gruber and Fredrik Debong in July 2019.
Since hi.health launched in Germany at the end of 2019 several thousand users already use the independent billing app.. .
Transpaygo is dedicated to providing SME’s with the very best money transfer solution. While SME’s have traditionally lost out to larger businesses, having to pay higher rates and experience slower transfers, we are bringing FX for SMEs into the 21st century.
We offer SME’s the ultimate service, providing low rates and fast transfers to over 140 countries globally, all through our easy-to-use tech platform. Our team of currency specialists have used their expertise in investment banking and the payment industry to create a fast and simple transfer service which is trusted time and again by businesses across Europe.
Transpaygo is regulated as an Authorised Payment Institution by the FCA in the UK and is also a member of the Austrian FinTech Group. Transpaygo also operates the consumer portal fonmoney for international money transfer and international top up transfer..
– Digital advisory solutions for banks and insurance companies – riskine, the Fintech for digital advisory solutions, is based in Vienna. riskine develops digital solutions, based on the latest AI and graph- technologies, for the advisory of private and business customers.
The products are suitable for self-service (portal, website, apps, …) as well as for personal and remote advisory of customers. All solutions and services from our products are available with customizable front-end but also as modular API services..
baningo is a new web-service for bank customers which will radically change the inefficient, expensive and old-fashioned approach to retail banking. People will suddenly start to like dealing with banks! They offer a simple and consistent personalized search, filter and recommendation system to find appropriate bank advisers and good offers easily – even for complex issues.
For banks they provide an innovative sales channel. baningo will put them in contact with potential clients that already expressed a real need.
In contrast to most fintech start-ups they are not disrupting the banks’ business but in fact enable them to make their job better.. .
difacturo is the secure international network for electronic invoices, suitable for any size of company. The difacturo invoice network enables you to fully digitally invoice processing without any media break and simplifies invoicing and invoice receipt.
The advent of the digitalised era is introducing new methods, making business transactions easier, faster and more reliable. For instance, the e-invoice represents a rising trend in the existing market.
However, it is not yet a standard option in the EU due to a wide range of obstacles. The EU-funded DiFacturo project proposes a pioneering decentralised and global system that delivers and receives invoices in a safe, fast and audit-proof cryptographic format across all borders and company dimensions.
The system is a blockchain-based Hyperledger Fabric network that puts an end to third-party validation and is accessible to tax authorities.. .
TMIA GmbH – NodeVenture
NodeVenture develops a complete SaaS solution for the safekeeping of digital assets. Through our security layer, we offer the safety of an offline wallet with the usability and speed of an online wallet.
Licensed by the Austrian Financial Market Authority (FMA) and with an ISO 27001 certified information security management, we holistically take care of security, regulations and a user-friendly operation.. .
handcheque produces superior products for payment and loyalty and helps its clients to understand their customers and stick them to their brands. By providing state-of-the-art payment devices, offline wallets and a data-driven payment ecosystem, handcheque’s clients get tools to strengthen their market position and brand awareness, get full sets of data about their customers and new sales channels to drive sales.
> simplify your wallet. > payment and loyalty.
one step further.. .
We help businesses make data-driven decisions in real time. How does it work? Our AI extracts all of the data from your bank feed, generates a real time view of your financial position and identifies insights about your performance.
Benefits for users: Removes the need to rely on your ‘gut’ experience or invest precious resources into manually completing or outsourcing this task.. .
mobile-pocket is the only enterprise mobile loyalty & rewards platform connecting wallet providers, payment services, content-aggregators, brands & merchants, and consumers on one platform. It enables best-in-class user engagement and retention by covering the full range of mobile loyalty and rewards solutions: Loyalty cards, Coupons, Gift cards and 3rd party solutions like payment schemes, Beacons or data solution provider.
mobile-pocket is a product of bluesource – mobile solutions gmbh.. .
Being 100% transparent, NodeVenture wins the trust of its B2B customers by ISO and ISAE standards. We store customer assets offline on coldwallets, and insure them at one of the world‘s leading global insurance companies.
By just holding a token, we allow our customers to profitably use blockchain mechanisms like Proof of Stake, delegated Proof of Stake and Proof of Service, generating up to 15% ROI p.a.. .
FINcredible is a FinTech company specializes on innovative services and products in finance and risk management. The company offers digital credit checks about individuals, without exposing their private information and financial details to their contracting partners.
The credit checks can be performed directly at the point-of-sale or from users’ smartphone, and are based on fraud-proof and daily updated bank account information.. .
Liquidary is an all-in-one platform for everything finance. Check and track crypto, stocks, forex and commodities on Liquidary.com.
– At Liquidary.com/insiders you find premium content, exciting new startups and research. – At Liquidary.com/newsroom you find all headlines of all major news outlets.
– Participate in giveaways and contest at Liquidary.com/giveaway – You represent or know a startup that wants some press coverage? Liquidary offers free articles for startups! Learn more at Liquidary.com/freearticle. .
Versichern24 is an online comparison platform that compares different insurances in motor vehicles, household, and legal expenses sectors. It overviews the insurance market in Austria on a daily basis.
The company supports its users as the policyholder in case of damage in the termination of contracts, the login and logout of vehicles. It offers services such as premium comparisons, personal advice, and secure processing.
Versichern24 was founded by Ivo Radulovski in 2007 and is headquartered in Graz, Austria.. .
tritra – Your smart investment journal
tritra´s mission is to empower and inspire individuals to make better financial decisions. Investing is tough.
Millions of retail investors lose tons of money due to emotionally driven decisions. It´s time to bring the insights of behavioral finance to your smartphone.
Reduce the emotional roller coaster rides, understand your strength and uncover hidden biases. Enabling better decisions for every investor.
For newbies and experts.. .
Creative Industries Invest
Creative Industries Invest advise micro, small and medium enterprises on financing in Business & Corporate Development and Sales Development & Optimization. They are interested in finding innovative business models in Internet / Web 2.0, mobile, gaming, software, media & publishing and design.
Each Creative Industries Investment advisor is an entrepreneur and as such, knows the opportunities and challenges of the market and is able to bring personal entrepreneurial experience.. .
You may write to us at: Daily Finance Media/Fupping Ltd, First Floor, 61-63 Rochester Pl, London NW1 9JU.