Top 10 FinTech Leaders
10 | Ant Financial CEO & Executive Chairman - Eric Jing
Ant Financial is the world’s largest fintech company and a member of the Alibaba Group of companies. Formerly Alipay, the company rebranded in 2014 with Alipay becoming its payment platform brand. Other products include credit rating system Sesame Credit and credit payment company Huabei. Eric Jing serves as the company’s Chief Executive Officer and Executive Chairman. He is a veteran at Alibaba, having joined as Senior Finance Director in 2007. His other roles have included Alipay CFO and Ant Financial COO.
9 | Adyen CEO & Co-Founder - Pieter van der Does
Dutch payment services company Adyen was founded in 2006 by a team comprised of members of former payments company Bitbit, which had been acquired by RBS. After numerous years of growth, the company went public in 2018, listing on the Euronext exchange. In the same year, the company signed a deal with eBay to gradually become the primary processor of payments for the company. CEO and co-founder Pieter van der Does studied economics at the University of Amsterdam, and in June 2018 his 4.8% stake in the company was valued at $800mn. Read the FinTech Magazine 'Digital Report' on Adyen's Digital Transformation
8 | Qudian Founder, Chairman & CEO - Min Luo
Qudian came to attention in 2017 after an IPO on the New York Stock Exchange raised more than $900mn in what was the largest ever US listing by a Chinese fintech firm. The micro-credit provider is backed by Alibaba’s Ant Financial and offers consumer electronics in monthly instalments via its website. Min Luo is founder, chairman and CEO of the company. Before founding Qudian in 2014, Luo was involved with numerous websites including an online apparel and shoe retailer, a birthday provider, and a website for college students.
7 | Xero Founder - Rod Drury
The New Zealand based Xero provides accounting software. Its cloud-based solutions are intended for use by SMEs, funded by its Software-as-a-Service (SaaS) model. Founded in 2006 by entrepreneur Rod Drury, the company went public in New Zealand in 2007, before listing on the Australian Securities Exchange in 2012 and delisting from the NZX in 2018. Drury stepped down as CEO in 2018, selling shares but retaining a 13% stake in the company and remaining as a non-executive director.
6 | SoFi CEO - Anthony Noto
Social Finance (SoFi) is a personal finance company founded in 2011 by Stanford Graduate School of Business (GSB) graduates Mike Cagney, Dan Macklin, James Finnigan and Ian Brady. Its business is particularly focused on the provision of student loan refinancing, but the company has expanded into mortgages, mortgage refinancing and personal loans. Anthony Noto joined the company as CEO in 2018, having previously worked at Goldman Sachs and as COO of Twitter. Noto also has financial experience having acted as CFO of the NFL.
5 | Lufax CEO - Greg Gibb
Shanghai’s Lufax began as a peer to peer lending platform, but has in more recent times branched into wealth management. Traditional insurer Ping An Insurance founded the company in 2011, and it remains part of the Ping An Group. CEO Greg Gibb is a rarity as an American CEO of a Chinese company. Gibb graduated from Middlebury College with a B.A in East Asian Studies where he learnt Mandarin Chinese. He has been working in Asia for about 30 years across Taipei, Singapore, Hong Kong and China.
4 | Avant & Amount CEO - Al Goldstein
Chicago, Illinois based loan company Avant was founded in 2012. Creating tailored loans from advanced data analytics and machine learning, the company has consistently raised funds since graduating from the Y Combinator seed accelerator. CEO Al Goldstein founded the company alongside CTO Paul Zhang and Chief Credit Officer John Sun. Having worked for Deutsche Bank as an investment banker, Goldstein also serves as CEO of Amount, Avant’s rebranded bank partnership platform.
3 | ZhongAn CEO - Jeffrey Chen
Chinese insurtech company ZhongAn was founded in 2013 with backing from Alibaba’s Jack Ma, Tencent's Pony Ma and Ping An Insurance's Mingzhe Ma. The company’s meteoric rise has seen it capture a younger demographic compared to most insurance companies thanks to its focus on the technological side of the business. Jeffrey Chen has been CEO and Executive Director of the Shanghai-based company since 2014. In 2018, the company received a $100mn investment from the SoftBank Vision Fund.
2 | Klarna Founder - Sebastian Siemiatkowski
Digital bank Klarna was founded by Sebastian Siemiatkowski, Niklas Adalberth and Victor Jacobsson in 2005. The company has found success as a digital payment provider in its native Sweden and beyond, competing with giants like Paypal by virtue of its simple approach. Co-founder Siemiatkowski started the company towards the end of his time at the Stockholm School of Economics, becoming CEO in 2010.
1 | Oscar Health CEO - Mario Schlosser
Oscar Health is a digital health insurance company founded in 2012 in New York by Kevin Nazemi, Josh Kushner and Mario Schlosser, who is the company’s CEO. Schlosser holds a degree in computer science, and has brought his technological experience to the health industry in which Oscar operates. A graduate of Harvard’s MBA course, Schlosser is a native German who previously found success as a co-founder of Brazilian social games company Vostu.