“The 2024 Fintech 100 winners are high-momentum companies shaping the future of financial services,” said Laura Kennedy, Principal Analyst at CB Insights. “Unsurprisingly, this year’s cohort is deploying AI across a wide variety of solutions. But they’re also diverse in their reach in emerging and developing economies, and focus on everything from fraud prevention to financial inclusion.”
Ed Howkins, Chief Growth Officer at Artificial, said:
"It's a privilege to be named on CB Insights' 2024 Fintech 100 alongside some truly innovative companies. 2024 has been a fantastic year, as we accelerate the delivery of our digital structuring, placement and underwriting tools to our broker and carrier partners. We are excited to continue to scale through 2025."
The list primarily includes early- and mid-stage startups driving innovation across fintech. Our research team picked winning companies based on CB Insights datasets, including deal activity, industry partnerships, team strength, investor strength, employee headcount, and proprietary Commercial Maturity and Mosaic scores. We also dug into Analyst Briefings submitted directly to us by startups.
Artificial is a leading algorithmic technology provider for the Lloyd’s and London market. The London-based insurtech partners with global insurers and brokers to facilitate algorithmic placement of commercial and specialty risks, backed by a powerful Contract Builder broking tool and Underwriting Platform. Artificial provides solutions to partners across the London and Lloyd's markets, including Apollo, Placing Platform Limited, BMS, Lockton, Chaucer, Convex and more.
Quick facts on the 2024 Fintech 100:
The 100 winners include 13 wealth management companies, 11 in embedded finance, and 10 in insurance.
The 2024 cohort is deploying AI across a wide variety of use cases and features a notable number of solutions driving financial inclusion and accessibility.
$7.1B in equity funding raised over time, including more than $2B in 2024 so far (as of 10/17/2024).
Nearly 50% are early-stage companies (primarily seed/angel or Series A).
51 companies from outside the United States, across 22 countries on 5 continents. This includes 17 companies from 11 emerging and developing economies.
850+ business relationships since 2022, including with industry leaders like Mastercard, State Street, and Flipkart.
