This article showcases our top picks for the best Maine 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 Maine Fintech (Financial Technology) Companies
Coastal Enterprises is a community development financial institution that provides financing to micro, small and medium enterprises, affordable housing and communities facilities in order to create income, employment and ownership opportunities for low income people and communities. Since inception, CEI has provides $958 million in capital to 2,251 projects that created/retained 27,181jobs and created 1,483 units of affordable housing.
CEI funds have leveraged an additional $2.44 billion in other capital. CEI aggregates capital from a variety of public and private sources and deploys it in the community through a variety of debt, equity and tax credit products..
CashStar is the industry-leading provider of prepaid commerce solutions at the forefront of mobile payments, digital gifting and branded currency. The CashStar Commerce platform is used by merchants to increase revenue, reduce costs and optimize customer experiences across channels, and the CashStar Exchange platform is used by gift card distributors and loyalty programs to procure and deliver gift cards from hundreds of leading brands.
CashStar clients include top brands like Sephora, Starbucks, The Home Depot, Uber and Walmart and distribution partners such as American Express Membership Rewards, Great Lakes Scrip, Maritz Motivation Solutions, MyCokeRewards, Raise.com and United MileagePlusX.. .
Wallit operates as a rewards-based financial wellness platform and a free savings app to reward everyday savings. It was designed to solve the constant money struggle between parents and teens, parents use Wallit to transfer money to their children for completing household tasks, for getting good grades, for gifts, or any reason at all.
The company was founded in 2016 and is headquartered in Westbrook, Maine.. .
Exochain develops general legal and cyber liability risk-reducing tokenized blockchain protocols that deliver secure ownership, custody, and care of mission-critical identifying data. Its patent pending Odentity scores unique identifiers such as network, browser, client, biometry, and demonstrated knowledge weighted by the legal jurisdiction of parties’ within differing geographies and corpora of law.
Exochain API methods are called during login processes and elsewhere to reduce risks by establishing and recording the identity and ownership of data elements. The LYNK Protocol provides a mechanism to ensure permission-based tokenized access to data elements governed by legal terms and conditions for both blockchain smartER-contracts and any overarching governing business terms and conditions, reps, warranties, and restrictions.
The signed, sealed, fingerprinted, data processing governance contracts are then recorded to provide evidentiary-quality compliance and enforceability.. .
Award-winning company, Quantrix, enables organizations to replace spreadsheet-based processes for improved business performance and timely insights. Professionals in 50 countries use Quantrix software for Financial Modeling, Budgeting & Planning, Financial Forecasting, “What if” Scenarios” and Business Analytics.
Quantrix customers come from many different areas but share a common need – a modeling and analysis solution that delivers flexibility, confidence and greater insight at an affordable cost. Quantrix has designed solutions that appeal to the largest multinationals as well as individual consultants and business professionals.
Finance gurus, sales forecasters, risk managers, entrepreneurs, and business consultants as well as engineers, scientists, policy researchers and others, all use Quantrix to reach the highest levels of performance within their field. Quantrix is an independent business unit of IDBS, a leading provider of data management and analytics software with over 250 employees in offices around the world..
Finve aspires to be the leading platform in online loans for companies, and it´s the first of its kind in Mexico. We make a direct connection between investors and companies.
Companies can obtain a loan for a smaller interest rate compared to banks and investors will get a higher profit than they would if they kept their money in a bank.. .
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