Home Credit inquiry 3 FinTech companies to watch in Texas

3 FinTech companies to watch in Texas

0


3 FinTech companies to watch in Texas

By Edlyn Cardoza

Today

  • Invoice
  • FinTech
  • Mobile banking

When you think of finance or FinTech, Austin might not be the first city that comes to mind. But the reality is very different from what one might assume. Austin is an emerging center for FinTech. Entrepreneurs are looking to create new ways of approaching this age-old industry.

Dallas is one of the country’s main shopping centers and naturally also boasts of the financial industry. This western metropolis, like other tech capitals in the United States, has played a huge role in the expansion of the country’s FinTech industry.

FinTech companies in and around Texas are taking different approaches to reshaping the financial industry. While one FinTech may be developing a new way to make life insurance more accessible, another is reshaping the world of digital banking. Here are 3 FinTech companies in Texas to watch.

Invoice : Tackling one of the construction industry’s biggest problems, Billd offers commercial contractors financing terms that finally align with their payment cycles. Supply chain finance has long been disrupted in construction, leaving contractors to foot the bill for materials and labor long before they are paid for their work. With a flagship product that offers 120-day hardware purchase terms, contractors can now improve their cash flow to take on larger projects, complete projects faster, and grow their business.

Mozido: Mozido has created a mobile financial services platform that helps people manage their money easier and cheaper than traditional methods. Using only the mobile phone, customers of Mozido’s platform brands can buy goods, make payments, and send money more easily and cheaply than using a bank or credit card. More and more people around the world are choosing to manage their money on their own, through their mobile phones, instead of relying on and paying fees to traditional financial institutions. It is these people – the unbanked and underserved and those who realize that we are all underserved by today’s traditional financial models – that Mozido serves best. Mozido’s mobile payment platform includes mobile financial services, city services, loyalty programs, financial services, and retail solutions. Our cloud-based platform is highly interoperable, can work with virtually any carrier or wireless mobile device, and can integrate with mobile offerings from other vendors.

Self-financing: Self (formerly Self Lender) is a venture capital-backed FinTech startup with a mission to help people create credit and save. Thanks to their step-by-step credit constitution process, self-builders could access the credit account and the Self Visa® credit card without any credit investigation. These tools allow them to accumulate the credit they need to build the life of their dreams. Self helps thousands of people start their financial journey with a Credit Builder account. They firmly believe that a client’s success is tied to a variety of factors beyond just a financial product.

ALSO READ: Cool FinTech Report 2021


Previous article

Mastercard launches accessible cards for the blind and visually impaired

Read more

Next article

Klarna Partners with Stripe to Drive Growth for Retailers Around the World

Read more

News IBSi Prime

Data

Harnessing data for better decision-making: a lesson from FinTechs to traditional businesses

Read more

  • Daily insightful news analysis
  • Weekly overview of offers, events and industry information
  • In-depth industry analyzes of the hottest FinTech trends
  • Exclusive interviews with senior executives who shape the industry
  • Profiles of the industry’s most influential established and emerging companies
  • Weekly Global FinTech Use Cases
  • Graph of the week organized by the IBSi research team

Subscribe to Prime

FinTech IBSi Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly number
  • Over 60 pages of research, analysis, interviews, opinions and rankings
  • Global coverage

Subscribe now


LEAVE A REPLY

Please enter your comment!
Please enter your name here