7 Fintech Startup Success Stories [2023]

Updated: July 24th, 2023
Start A Fintech Startup

Here are some real life success stories of starting a fintech startup:

1. BitsForDigits ($72K/year)

Laurits Just & Jan-Philipp Peters (from Berlin, Germany) started BitsForDigits almost 2 years ago.

Revenue
$6K / month
Team
2 founders / 2 employees

Case Study

Hey guys! We are Laurits Just and Jan-Philipp Peters, the founders of BitsForDigits, an acquisition marketplace for internet startups and online businesses with $100K+ annual revenue. Our platform makes it anonymous and free for owners to exit their business fully or partially.

So far, we have completely bootstrapped the venture and currently make $6,000 / month with steady growth in the number of new signups. Our biggest initial driver of growth was our launch on Product Hunt, adding more than 300 users to our platform which we could later monetize.

how-we-bootstrapped-a-72k-year-online-acquisition-marketplace-with-a-0-marketing-budget

2. Cledara ($2.4M/year)

Cristina Vila is the co-founder and CEO of Cledara, a product that helps companies simplify the way they discover, buy, manage and cancel subscription software.

Cristina Vila (from London, UK) started Cledara over 5 years ago.

Revenue
$200K / month
Team
2 founders / 43 employees

Case Study
  • Cristina Vila and Brad van Leeuwen founded Cledara in 2018.
  • The company aids businesses in streamlining the process of finding, purchasing, managing, and terminating subscription software.
  • Together with her co-founder Brad, Cristina has grown Cledara to $2.4M ARR with over 700 clients.
  • Cledara has also assembled a team of nearly 50 individuals and raised $7 million.
  • The team has collaborated with prestigious financial organizations and fintech startups, such as PayPal, Caixa Bank, Railsbank, and more.

Read the full article on saasclub.io ➜

Learn more about starting a fintech startup:

Where to start?

-> How much does it cost to start a fintech startup?
-> Pros and cons of a fintech startup

Need inspiration?

-> Examples of established fintech startup
-> Marketing ideas for a fintech startup

Other resources

4. Trust Chain ($360K/year)

Subscribe: https://www.youtube.com/c/NathanLatkawatchTrust Chain Global CEO Giancarlo De Lio: The first end-to-end transaction platform for commodities... Vi...

Giancarlo De Lio and Katrin Shechtman (from Toronto, Ontario, Canada) started Trust Chain over 2 years ago.

Revenue
$30K / month
Team
2 founders / 7 employees

Case Study
  • Giancarlo De Lio and Katrin Shechtman founded Trust Chain Global, a fintech platform and third-party workflow management solution.

  • The platform enables the global commodities community to transact transparently and legally faster and with better safety.

  • Trust Chain Global started as a SaaS company and is shifting to cutting-edge technologies like blockchain to bring trust, confidence, and transparency to the commodities market.

  • Through the platform, parties can transact more quickly and with greater assurance thanks to continuous identity verification, digital escrow and payments, and a smart deal management system.

  • Founded in 2021, the startup secured its seed round with Toronto-based venture capital firm N49P and Entrepreneur First in Q1 of 2022.

  • The startup is growing its customer base through its internal network and hopes to grow revenue through its Escrow service and user subscription fees.

Watch the full interview on youtube.com ➜

6. VizyPay ($20.4M/year)

Austin Mac Nab (from Waukee, IA, USA) started VizyPay over 6 years ago.

Revenue
$1.7M / month
Team
2 founders / 110 employees

Case Study

I’m Austin Mac Nab, CEO and Founder of VizyPay. Based in Iowa, our bootstrapped FinTech provides innovative, transparent, money-saving payment processing solutions to small business merchants across rural America.

Revenue also exploded from 100K to 18M in just six years - all without a single cent of outside funding. VizyPay is now No. 209 on the 2022 Deloitte Technology Fast 500 and No. 918 on the national 2022 Inc. 5000 list, making it the fourth fastest-growing private company in Iowa.

how-we-have-built-an-18m-year-business-providing-payment-processing-solutions-to-smbs

7. KYC Hub ($3.58M/year)

Farnoush Mirmoeini (from London, UK) started KYC Hub almost 5 years ago.

Revenue
$298K / month
Team
2 founders / 58 employees

Case Study

Hello, I'm Farnoush Mirmoeini, the co-founder of KYC Hub. With over 15 years of experience in STEM and a deep passion for efficiency, I've dedicated my career to the practical technological adoption of artificial intelligence and computing in the fight against financial crime.

However, our commitment to our mission and our ability to adapt and overcome have led us to where we are today. We've seen the initial traction from the market and have received positive feedback from our customers, which is a testament to our success and progress.

how-we-built-a-298k-month-platform-to-mitigate-financial-crime-risks

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