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25 Fintech Enterprise Companies Serving Multiple Industries That Derive Less Than 1/3 of Their Revenues From Financial Institutions

by Fintech News Singapore September 10, 2016

IDC Financial Insights announced the 2016 IDC Financial Insights FinTech Rankings and Real Results, the 13th and 2nd annual respectively. The rankings and winners were announced at an invitation-only event on September 7, 2016, on the eve of Finovate Fall New York 2016.

The Call for Entries for the 2017 IDC Financial Insights FinTech Rankings & Real Results will open in May 2017.

The IDC Financial Insights FinTech Rankings categorize and evaluate technology providers based on calendar year revenues from financial institutions for hardware, software, and/or services.

Two categories of companies are ranked:

– FinTech Rankings: Top 100 – vendors that derive more than one-third of their revenue from financial institutions.

– FinTech Rankings: Enterprise 25 – enterprise companies serving multiple industries that derive less than one-third of their revenues from financial institutions.

Revenue from sales of network, telecommunications, electronic exchanges, and data services is EXCLUDED from the IDC Financial Insights FinTech Rankings. Firms such as market data providers or credit bureaus that derive revenues from excluded categories, but also have revenue tied to software, hardware, or services, are considered in these rankings. For these data providers, the revenue attributed to data is used to qualify the provider to meet the one-third hurdle yet only the qualifying portion of revenue is included in the ranking.

25 Fintech Enterprise Companies Serving Multiple Industries That Derive Less Than 1/3 of Their Revenues From Financial Institutions