The Helsinki Fintech Farm has published its annual ranking of the top fintech startups in Finland calculated based on the companies’ latest reported revenues.
According to the report, Finland’s fintech industry—which comprises some 200 companies—saw revenue increasing from €1.2 billion in 2020 to €1.4 billion in 2021.
This year’s rankings includes startups working in web3, insurance, compliance, and other fintech-related areas.
Meet the top 20 Finnish startups:
#1 – Voima Gold
Voima Gold offers gold-backed accounts that allow clients to buy, sell, store, deposit and withdraw gold.
#2 – Silo AI
Silo AI is the largest private AI lab in the Nordics delivers AI-driven solutions and products.
#3 – Tesseract
Tesseract is a regulated digital asset innovator focusing on institutional brokerage and asset management.
#4 – Aico
Aico is an intelligent finance automation and process management platform, for key record-to-report accounting processes.
#5 – Equilibrium
Equilibrium designs, builds and funds core infrastructure for the decentralised web.
#6 – DIAS
DIAS, a product of Tomorrow Tech, is a blockchain-based digital trading platform for the residential real estate market.
#7 – Arctic Security
Arctic Security develops and operates a cyber threat intelligence analysis platform.
#11 – CrediNord
CrediNord a licensed online platform for business lending aimed at SMEs and micro-enterprises.
#15 – iconicchain
iconicchain leverages distributed ledgers to automate regulatory compliance reporting, auditing and monitoring.
#18 – NordCheck
NordCheck provides modular, comprehensive compliance management solutions based on M-Files technology.
#19 – Clento
Clento provides a way to authenticate a person who does not have a Finnish electronic identity verification device.
#20 – ResultElf
ResultElf helps consumer loan brokers, lenders and collection agencies make more profit.
