This article showcases our top picks for the best Indiana 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 Indiana Fintech (Financial Technology) Companies
Simba Chain is a cloud-based, smart-contract-as-a-service (SCaaS) platform that enables users to implement decentralized applications dappS for blockchain. These apps allow secure, direct connections between users and providers, eliminating third parties.
The easy-to-use platform is tailored for users, developers, government, and enterprises to quickly deploy blockchain dapps for their enterprise. Simba Chain uses the Microsoft Azure Government cloud platform for rapid transaction finality.
The company offers a platform that gives access to smart contract methods that transact on the blockchain ledger and enables access control groups for reading and writing. Simba Chain was founded in 2017 and is headquartered in Plymouth, Indiana, United States..
FNEX (FNEX, LLC) was launched in late 2014 to fill a market void and create a new private securities marketplace. The FNEX platform launched in September of 2014.
FNEX provides advisors, institutional investors, private equity groups, family offices, and accredited investors expanded alternative investments. Listings on its alternative platform are from investment banks and include primary offerings of private placements, hedge funds, and managed futures commodity offerings.
FNEX was created to aggregate these offers and serve as a centralized “private securities marketplace.” Investment through Reg D offerings into Alternatives exceeded $1.7T in 2012, 40% larger than funds flowing into the public equity markets. This occurred despite the inefficiencies and current ad hoc approach to sourcing, evaluating and investing in alternatives.
Further, only 3% of potential (accredited) investors participated in this market. Investment banks have been restricted to offer these securities to those firms and investors with whom they previously had relationships.
This makes growing a list of potential capital sources difficult and placement of offerings highly inefficient for most small to mid-size banks. FNEX provides distribution solutions for both before and after the enacting of JOBS Act-related regulations.
As FNEX is a password-protected site that offers deals to accredited members. FNEX develops the necessary relationship to market offerings as soon as the user engages in the initial sign-up process.
HITbills will save you more money than Uber or Airbnb Today @ TechCrunch London 20 Oct 2014 is the first public demo of HitBills Hitbills is not a typical startup – it focuses on boring topics, such as commodity prices. It is not entertainment or communication; it simply saves the money everyone pays monthly.
Hitbills found an easy way to reduce costs – just scan your bills with smartphone, or simply tap “Yes”, geolocalization and automatic data gathering algorithm will find you better deals. HITbills conducts auction for commodity suppliers in your area (electricity, gas, phone, Internet, TV, bank services and loans refinancing) with one-tap switch if you decide.
Why money can be saved ? The secret of business is that due to global deregulation, there are plenty of cheaper providers (or cheaper banks), offering exactly the same product with lower margin. We talk about really big money (according to Forbes’s list of Top 1000 companies by revenue, commodity sector is the top – because everybody pays bills – Google ranks at #63, Facebook at #101).
Average savings per household are 10-40% (depending on localization) – multiply it by 12, and imagine that you got 1000$ for extra holidays – it is what HITbills does. And there are 500+ millions households qualifying for reducing bills.
Why money can be earned ? Moreover, HITbills gets commission for every switch – the money companies usually pay to their agents or for media advertising – and passes it to smartphone owner (holding %). So customer has double benefit – cheaper utilites + cashback.
And, if you want to get some extra money, you can scan bills of your friends, neighbors, family– everyone saves, you earn. Millions of people use the homebills price comparison websites, but the process is too complicated for 60% of households.
Growsel is an award-winning nonprofit agricultural crowdfunding organization that connects underserved Base of the Pyramid smallholder farmers with lenders around the world to alleviate poverty. A nonprofit agricultural technology organisation connecting under financed smallholder farmers with lenders through crowdfunding to alleviate poverty Founded in 2017, Growsel has vigorously pursued its mission of “changing lives and creating opportunities” for financially excluded smallholder farmers who cannot reconcile their economic realities with the enormous potentials in their local communities, thereby helping them upscale their subsistence agriculture, a feat which saw it win the 2018 Visa Everywhere Initiative Award for Financial Inclusion and The Problem There are estimated 500 million smallholder farming households globally, (representing 2 billion people) relying to various degrees on subsistence agricultural production for their livelihoods.
This group represents the largest proportion of the world’s poor living on less than $2 a day. The solution An agricultural crowdfunding platform that connects underserved Base of the Pyramid smallholder farmers in developing economies with lenders around the world to alleviate poverty.
Mission Statement Passionately using technology and peer-to-peer micro-lending towards changing lives and creating opportunities for financially excluded and underserved Base of the Pyramid smallholder farmers across developing world. Our Vision Alleviate poverty with small seeds, big impact Our Our Mission Changing lives, creating opportunities Global Award & Recognition Sub-Saharan African Financial Inclusion Award by Visa Everywhere Initiative Farmers Life Changer Award by Joint Farmers Community Initiative NetSuite Social Impact Software Donation for Growing Social Enterprises by Oracle Lend as little as $20 to to alleviate poverty today.
Visit www.growsel.org to learn more Remember its alway small seeds, big impact!. .
The Halo App
The Halo App is a peer-to-peer lending platform connecting backers and borrowers for small-dollar loans. The platform allows users from different backgrounds to access funds for a $100-$1000 loan.
Its services are delivered through mobile apps on iOS and Android. The company was founded in 2018 and is headquartered in Indianapolis, Indiana..
Fundfolio is the SMARTest way to crowdfund. Fundfolio uses algorithms to double the success rate of current crowdfunding leaders.
This algorithm increases donors likelihood to back projects, while decreasing anxiety for dreamers with limited marketing and/or sales experience. It delivers your message to like-minded others through social sharing, assists in your success, and displays goals in a way almost anyone can understand..
MBS Capital LLC is an newly started investing company that will focus on investing on a variety of different franchises. MBS Capital LLC is currently in discussions with a freight brokerage company that provides a web based platform for partner clients who need products shipped.
This web based platform allows these companies to quickly and easily find a trucking company along with an attractive rate to deliver its product. The web based platform is part of a new technology move in the industry and along with this, MBS Capital LLC will bring superior customer relationship expertise to grow a profitable business.
While getting this first business started is important, the future means even more. MBS Capital LLC will be continually researching different franchises to build its business portfolio.
Future industries of focus would be fresh, healthy foods, health and fitness, and possibly manufacturing. MBS Capital LLC is focused on building a profitable, ethical, and community growth centered business portfolio that will not only help its business or individual customers but also give back to its community and provide for those who would not otherwise be able to..
Hurry Home is a real estate firm financing houses through shared ownership, enabling renters to become homeowners. It uses capital from investors to offer a new financial product that enables buyers to earn equity in their home while paying close to or less than what rent would be for the same property, and investors reap a competitive return.
Jada Mclean and John Gibbons established the firm in South Bend, Indiana in 2018.. .
InterCambio Express is a money transmitter company specializing in wiring money to Mexico, Central America, South America, and the Caribbean. We have developed an expertise in the money transmitter business through hard work and by treating all of our customers with the consideration they deserve.
Our main goal is to grow and become better every day. We work towards these goals with great effort, talent and a willingness to learn.
Our agents are instrumental to our success. We demand excellence from our agent’s network.
In order to guarantee you peace of mind when you send money overseas, we provide an extensive training program and close supervision of all agents. We are steadfast in our effort to supervise compliance with company policies and procedures in order to maintain the quality of our service.
We want to provide you with excellent service, low transfer fees, and competitive exchange rates that can give you more money for your dollar when wiring food money to your relatives back home. We know what you need because we speak your language..
Founded in 2012 by two brothers from their home state of Indiana, ProjectionHub is a web application that helps entrepreneurs financial projections for business plans, loan applications, and investors. Our tool is a simpler alternative to the complex and confusing spreadsheet templates that most business owners and advisors use to create projections.
We make it quick to get your business’ financial projections accurately calculated and easy to share with your team or financial lenders.. .
Eppione was created to help employers and employees substantially leverage technology in the day to day management of HR, Employee Benefits and Business Insurance. The founders of the company account for 100+ years of experience and innovation in these areas.
Eppione Ltd is authorised and regulated by the Financial Conduct Authority in the United Kingdom.. .
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