The financial technology sector or the Fintech sector is booming by the day. Startups have a consequential role to play in this revolution that is coming. More and more companies strive to make a mark in the field. CB Insights, the data analysis firm, has picked out another Top 250 names in the Fintech industry of startups that are changing the game. The Ripple Foundation has made it to the list, once again.
Ripple announced their selection in the list created by the data analysis company. The company tweeted from their official handle about this. They stated: “We’re honored to be part of @CBInsights’ #Fintech250 list again this year. ”
Many Blockchain Companies makes it to the List
The decentralized technology that powers the Blockchain industry might be a small part of a vast Fintech sector, but is one of the most interesting ones. The list has accrued some renowned names in the blockchain industry. About 13 blockchain companies have made it to the list.
Some of the companies that have made it to the list along with Ripple are the following. They include Blockstream, Xapo, Blockstack, Chain, Coinbase, Brave, bitFlyer, Digital Asset, and Factom.
The Fintech sector is focusing on payment processing along with capital markets and trading. Ripple has shown the world its capabilities by leveraging blockchain to create a global payment infrastructure.
xRapid, along with the blockchain ecosystem, RippleNet is being used across the globe to make feasible, seamless, secure, transparent and instantaneous overseas cross-border international payments between financial institutions.
About CB Insights
CB Insights is a data analysis company specifically focusing on company personnel and professionals. They leverage smart technologies to predict the best results according to data, about companies and firms, to help out enterprises. They make use of machine learning algorithms paired with graphical data to present the best predictions.
Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.