Top 10 Fintech innovators under 30
As digital innovation across the financial sector continues to surge, FinTech Magazine shares, in no particular order and with reference to Forbes, the top 10 millenials who are pioneering the future of the industry.
10 | Sam Bobley
Sam Bobley is co-founder and CEO of Ocrolus, a fintech infrastructure company that can transform documents into actionable data. The platform is powered by AI and boasts a 99% accuracy rate in its readings.
It can connect directly into customer workflows through an API, reducing the need for manual data work significantly. Ocrolus is predominantly used for loan underwriting, invoice processing, account openings and other document-intensive processes. So far it has raised over US$30mn in venture capital and is currently valued at $100mn.
9 | Amber Feng
Amber Feng has held an instrumental role at fintech giant Stripe since the company’s inception in 2012. She was one of the first ten employees of the US$35bn software company and wrote the majority of the code for its product, Stripe Connect, which has gone on to connect payments between platforms like Lyft, Shopify and Kickstarter and their respective customers. She has worked her way up through the company, at one point leading a team of 100 individuals as the Head of Infrastructure. She now heads up Stripe’s new corporate credit card which was launched in September 2019.
8 | Paul Gu
Paul Gu is the co-founder and Head of Product of the online financial service Upstart, which was founded in 2012. The lending platform uses unconventional information pertaining to the applicant in order to assess borrow risk, such as the applicant’s higher education. It offers three-year and five-year fixed interest loans, designed to pay off credit cards and consolidate debt. Gu heads the data science team responsible for this alternative model, which approves 27% more applications than other models, according to a CFPB study.
7 | Tatyana Mitkova
After studying Law at Freie Universität Berlin, Tatyana Mitkova went on to become the founder and CEO of ClaimCompass, a legal service which assists passengers with flight compensation for cancelled, overbooked and delayed flights. The platform works on the basis of EU Regulation 261/2004, which is a regulation often kept quiet by airlines. Users can submit a claim in under two minutes and have access to customer service reps that speak 11 languages.
6 | Shashank Murali
Shashank Murali is the co-founder and CEO of TapChief, a platform designed for professionals to learn from experts in their industry without needing to work fulltime. The Bangalore-based fintech has received US$2.5mn in funding and is used by over 60,000 professionals who have exchanged 75,000 hours of expertise through the platform.
TapChief is not the first company that Murali has founded. Previously, he co-founded the on-demand tutoring platform Edvice, which was acquired by edtech company HashLearn.
5 | Rachel Carpenter
Founder and CEO of Intrino, Rachel Carpenter, is certainly something of an influencer in the industry. The financial data company specialises in providing affordable data to developers and engineers from fintech companies, large institutions, hedge funds, startups and universities. Since its founding in 2013, the company provides data for Harvard and Stanford as well as major payment platform PayPal. Carpenter also writes for the Forbes Financial Council.
4 | Laura Behrens Wu
Laura Behrens Wu is the founder and CEO of Shippo, and one of the most influential millennials to get a slice of the ecommerce pie. She and Simon Kreuz co founded the American software company in 2014 in a bid to assist ecommerce businesses by integrating shipping with multiple carriers through its API and web application. It has over 10,000 customers using its platforms across 196 countries and was named a ‘Shipping and E-Commerce Innovator’ by the United States Postal Service in 2019.
3 | Michael Bloch
In 2019, global student loan debt climbed to an astonishing US$1.41trn, the highest amount spent in history. As education debt grows, fintechs are moving to consolidate this debt with innovative technology. Entrepreneur Michael Bloch is the co-founder and CEO of Pillar, a mobile app designed to manage student loan debt by recommending repayment rates to users. Though the Kleiner Perkins-backed app is little over a year old, it is continuously expanding the type of loans it supports and has been met with a greatly positive reception from its users across the US.
2 | Jennifer Campbell
Jennifer Campbell is the co-founder of Tagomi, an electronic brokerage for digital assets firms which combines the institutional-grade services and the robust infrastructures expected of other industries. After completing a degree in Statistics at Harvard and working for two years in venture capital, she co-founded Tagomi with CTO Greg Tusar in 2018. Tagomi is connected to nine cryptocurrency exchanges and has over 275 institutional trading clients, according to Forbes.
1 | Ryan Breslow
Ryan Breslow embodies the image of a college tech genius. In 2014, he left Stanford’s Computer Science program in order to co-found the financial service provider Bolt with Eric Feldman. Bolt seeks to improve the checkout experience for online retailers by creating “the perfect online checkout”. The platform claims to reduce the time spent checking out by 50% compared to competitors. It has raised over US$90mn in funding and has been recognised for its success by Forbes, Fortune and now FinTech. Today, he leads a team of over 150 employees across the fintech’s Salt Lake City and San Francisco locations.