Unveiled in 2016 by former CEO of Barclays, Antony Jenkins; 10x promises to radically shake up the banking world, optimizing advanced technology to transform how banks operate and engage with customers. 10x’s vision is clear; banking needs to be simple, flexible, secure and always ten times better! Revealing its first client as renowned challenger bank, Virgin Money; 10x aims to drive a new standard in customer experience and be a catalyst for change in the industry.

BehavioSec transforms behaviour into a transparent additional layer of security by monitoring, in real-time, the way users interact with their devices. BehavioSec’s technology recognises if a conflicting user is operating a device by monitoring the environment, rhythms, and interaction patterns that are unique to each user. The solution is designed to enhance security without impacting the user experience. With offices in the UK, Germany, the Netherlands and Sweden, BehavioSec is currently deployed across Northern Europe retail banks protecting over 1,5 billion transactions per year.

In January 2018, BehavioSec raised $17.5M in a Series B funding in an investment round led by Trident Capital Cybersecurity, whose Managing Directors, J. Alberto Yépez and Ken Gonzalez, will join BehavioSec’s board of directors. The round also saw contributions from ABN AMRO and Cisco Investments, in addition to returning investors Conor Venture Partners and Octopus Ventures. Behaviosec will use the investment to expand global operations and relocate corporate HQ to the US.

Customers of Bima typically live on less than $10 a day and fewer than half have bank accounts. The Swedish Microfinance pioneer has developed a bespoke portfolio of over 40 microinsurance & mobile health products which it distributes in emerging markets such as Ghana for as little as 35 cents a month using mobile technology and an agent network. Its expansion across emerging markets in Africa, Asia and Latin America has served over 20 million customers in just five years and it currently attracts 500k new customers per month.

Credit Benchmark delivers greater visibility into credit risk via an entirely new source of wholesale credit risk data. Using an innovative crowd-sourced approach, the company publishes monthly consensus credit indicators on Sovereigns, Financial Institutions, Corporates and SMEs by aggregating and anonymizing the internal credit risk assessments of the world’s leading banks. Practitioners in the capital markets benefit from greater transparency with unique credit indicators generated from actual risk takers in the marketplace, as well as access to otherwise unrated entities, including a large number of operating subsidiary companies.

One of the world’s fastest-growing cyber defence firms, Darktrace addresses the challenge of advanced cyber-attacks through its unique ability to detect previously unidentified threats in real time. Clients range from financial and legal services, to charities, healthcare organisations and pharmaceutical firms. In January, the Cambridge-founded business, which claims total contract value of $200M, reported a surge in customer orders, an increase of 140pc. In July 2017, Darktrace announced a Series D funding of $75M at a valuation of $825M.

Digital Shadows has come a long way since Accenture Innovation Lab London in 2011, announcing a $26M Series C funding round in September 2017. Its flagship product, SearchLight, is a continuous real-time scan of more than 100 million data sources online and on the deep and dark web — cross referencing customer specific data with the monitored sources to flag up instances where data might have inadvertently been posted online, for instance, or where a data breach or other unwanted disclosure might be occurring. The service also monitors any threat-related chatter about the company, such as potential hackers discussing specific attack vectors.

In May 2018, Digital Shadows announced its new "Shadow Search" capability, available as part of its flagship, award-winning SearchLight service.Shadow Search enables instant access to Digital Shadows' comprehensive collection of historical and evolving threat intelligence assets, and expert security sources, including leading security blogs and news, enabling SearchLight subscribers the ability to better manage third-party risk, investigate security incidents, monitor trends, and enrich threat hunting of client-specific indicators and threat actors jeopardising their business, brand and reputation.

Founded in 2011, GoCardless targets companies that need to offer their increasingly international customers the ability to pay by Direct Debit. The GoCardless mission is to help businesses take and settle recurring payments from anywhere, to anywhere, in any currency.

A Series D funding round of $22.5M raised in September 2017 is designed to enable GoCardless to expand further, with support for more countries, including Australia and Denmark.

Founder and CEO Hiroki Takeuchi says, “As more and more businesses become international, they face endless frustrations in managing payments across multiple territories. What we have engineered is a way to simply plug recurring payments into their existing systems, across the world, so they can focus on the challenges that really matter.”

GoCardless processes over $4bn worth of transactions across more than 30,000 organisations in the U.K. and Europe, working with small startups and large enterprises across a number of industries. It offers an API and off the shelf integrations with over 100 partners including Xero, Sage and Zuora. Customers include Sage, Thomas Cook, Box and The Guardian.

iwoca is one of Europe’s fastest growing credit providers, offering short-term credit facilities of up to £100,000. Businesses sign up online, passing their trading data through integrations with high-street banks, ecommerce platforms, and more. Iwoca’s proprietary risk model allows us to make fair, fast and flexible decisions, cutting underwriting costs by 90% whilst increasing approval rates and offering a simpler customer experience. To date Iwoca has issued over £70M to businesses across the UK, Germany, Spain and Poland and is opening our “credit-as-a-service” platform to strategic partners such as Alibaba, allowing them to finance their customers directly.

Kreditech is a Big Data finance company based on automated Big Data and machine learning credit scoring. The company extends loans to individuals in real-time, using a fully automated credit scoring system and banking backend infrastructure. It operates independently from credit bureaus and traditional banking infrastructure. In just 20 months, Kreditech has scored more than 1.5 million individual loans. The company is at the forefront of the rapidly changing consumer finance market. Using 15,000 dynamic data points, its technology is capable of scoring everyone worldwide, including the 4 bn individuals without a credit score. Funds can be paid out within seconds to a credit card, bank account or NFC wallet, 24/7.

LendInvest LendInvest is the UK's leading marketplace for property finance that is bringing technology to the £1.2 trillion UK mortgage market - an entirely offline market. LendInvest spun out of Montello, an offline short-term mortgage lender in 2013 to improve the process of getting a mortgage and to make mortgages an accessible asset class for every investor. Today LendInvest investors have lent over £1 billion to help borrowers buy, build or renovate almost 4,000 properties making LendInvest one of the fastest-growing online lending businesses in the world. The company also has significant institutional backing, including a £17m ($25m) Series B investment from Atomico, the VC fund led by Skype founder, Niklas Zennstrom that closed in March 2016.

In 2017. LendInvest expanded its loan product range from three to [eight] products, each specially tailored to distinct borrower types. We’ll continue to expand our range over the year, broadening its reach. The company lends 40-60% more year-on-year. In 2017 alone, it lent £500m against 1,800 homes - a 33% increase on the previous year’s record. This will increase this again in 2018, consolidating LendInvest's position as Europe’s largest property investment marketplace. The company launched buy-to-let loans in 2017. BTL is 10x the size of the short-term specialist lending market where we already command 10% market share. LendInest will build its BTL offering in 2018 becoming one of the UK’s largest professional BTL lenders.

MarketInvoice is the world’s largest peer-to-peer invoice finance platform. Launched in 2011, based in London and Manchester, MarketInvoice announced that it had reached £2bn of cumulative lending and expects to hit £3bn by the end of the year. The average value of invoices funded through the platform rose to £96,597 in 2017 from £56,495 in 2016.

MarketInvoice helps thousands of businesses overcome the lengthy payment terms of their customers. Businesses can choose between having an open funding line against their outstanding invoices (MarketInvoice Pro) or decide which invoices (Select) they want to finance, unlock tied-up cash in 24 hours at competitive rates. It’s fast, flexible funding for growing businesses to hire more staff, launch new products and pay their suppliers.

In March 2018, MarketInvoice secured more than £100m of fresh funding from two of its institutional investors. The peer-to-peer business finance lender signed agreements with Portuguese bank Banco BNI Europa (BNI) and Germany’s Varengold Bank to channel £90m and £45m respectively on its platform.

OpenGamma is a financial technology company delivering unique analytics for the needs of over-the-counter (OTC) or privately-negotiated derivatives contracts, a $493 trillion marketplace, according to the Bank for International Settlements. The power of the technology is based upon unrivalled insight into the supply and cost of balance sheet, allowing the buy-side not only to execute on their derivatives strategy, but to enhance their own performance and benchmark their costs against peers. The London-based business now counts amongst their rapidly growing client base, 4 of the 5 largest clearing houses in the world, 11 buy-side firms & 4 Tier 1 banks. In the view of one panel member, OpenGamma continues to reshape risk management in the industry, in turn becoming core to the capital markets infrastructure. OpenGamma raised $13.3m in October 2016 and in January this year announced a minority investment of $1 million from the Japan Exchange Group.

RateSetter is a marketplace where the rates are set by investors and borrowers. The platform hit a number of significant milestones in 2017 including collecting £1bn of repayments, investors having now earned more than £60m in total interest and more than £1.75bn of loans being delivered to borrowers across the UK. Ratesetter launched the first P2P SIPP option in 2016 and expects to launch its Innovative Finance ISA later this year. Its TrustPilot score is 9.8 from 2500+ reviews.

Launched by former Traiana founder Roy Saadon, Access Fintech is an innovative risk management service for banks and buyside firms. The service helps firms track the trade lifecycle and get a true sense of prioritized risk, across an increasing number of systems. Access FinTech brings together fintech providers and in-house technology, orchestrating the interaction of the distributed providers and creating a single visual display of the risk of financial transactions in a global sharable view.

The Access Fintech visual dashboard aggregates vendors and allows customers to manage risk and exceptions. Access Fintech launched its product in the first quarter of 2017 to an oversubscribed beta program and is now completing its global roll out in all major financial centres.

Coya was founded by two veterans of German FinTech Kreditech together with Dr. Peter Hagen, former CEO of Vienna Insurance Group (VIG).

Coya is planning to build a digital insurance provider and has applied to German's financial regulator BaFin for full authorization. It plans to launch to the public in 2018.

The company already has over 30 employees drawn from both tech backgrounds, from companies like Rocket Internet, and more traditional insurers like Axa and Zurich. In June 2017, Coy attracted one of the biggest "seed funding" rounds in Germany.

DreamQuark develops innovative data analysis technologies around deep representation learning to help insurance, financial services, and healthcare professionals take better advantage of the data they have stored.

The Paris-based start-up puts its intelligence into developing the best algorithms to detect rare and otherwise invisible phenomena in a wide variety of data types (images, texts, audio files). Dream Quark was named French FinTech of the Year in December 2017.

Fluidly provides intuitive cashflow forecasting and management powered by AI. Cashflow forecasting and management is the gateway to financial decision-making.

Fluidly takes transaction data from your accounting system and uses this to automagically forecast your financial future in minutes and down to invoice-level detail, it is for modern businesses that want to know exactly what their financial future holds and how to optimise it.

The company was awarded a GBP 5 million of grant funding from Royal Bank of Scotland on June 14, 2019.

Provider of an online document management platform intended to automate legal and regulatory documents.

The company's platform automates legal and regulatory document structuring, marketing, distribution, execution, clearing, settlement and administration, enabling banks, brokers, exchanges and funds to drive automation, compliance and improved client experience.

The company joined Tech Nation as a part of Fintech 2.0 cohort program on September 5, 2019.

THE PILLAR PROJECT is a collaboration of the blockchain innovation community of 20|30. The organization wants to get rid of old ways of thinking applied to new technology.

Based in the Swiss Crypto Valley, SMART VALOR is building a disintermediated network of investors, asset issuers/funds and facilitators, such as compliance providers and rating agents. The network is coordinated by a smart-contract-based governance model, which incentivizes each participant to contribute maximum value to the network. Improved access to the network via cryptocurrencies, broad spectrum of tokenized investment assets and consensus-based validation mechanism – these are the key elements of the SMART VALOR network.

SMART VALOR aims to combine privacy and security of a leading offshore banking center with the accessibility and diversity of the blockchain-based open network.

Tetrao’s solution for Business Onboarding enables banks to open a business bank account in a matter of days, a process that typically takes months to complete. The Luxembourgh-based start-up's AI is uniquely capable of tackling complex documentation produced differently by thousands of different actors, such as business by-laws. Tetrao offers the user a digital experience where its AI is collecting, buying, understanding all the business documentation and regulations to pre-fill the application.

Trustology is building a custody platform to safeguard crypto assets. Its smart accounts will be customisable to satisfy the diverse needs of individual, corporate, exchange and institutional clients, now and in the future.

Trustology was founded by Alex Batlin, a founding head of the UBS financial technology innovation lab and most recently responsible for research and development of blockchain enabled business strategy, business models, products and services at BNY Mellon in London.

Zego is a global insurtech business providing flexible commercial insurance for businesses and professionals.

The company's platform provides pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, providing mobility service providers with a range of policies from minute-by-minute insurance to annual covers, thereby providing more flexibility than traditional insurers, with pricing based on usage data from vehicles.

In June 2019 Zego raised $42M (total funding of $51M since 2016) to continue expansion across Europe.