Half Of The Top Most Influential Fintechs Of 2022 Are Crypto Companies

According to a report released on September 20 by Utility Bidder, five of the top ten most influential fintech enterprises in 2022 will be crypto companies. This study used a variety of parameters to calculate an overall fintech index score, including valuation, funding, social following, and internet visibility.

With an overall fintech score of 8.61, OpenSea, the world’s largest non-fungible token (NFT) marketplace, scored second and highest among the blockchain and cryptocurrency enterprises on the list, only behind personal finance provider Chime.

Other top 10 crypto and blockchain startups include cryptocurrency exchange FTX, Chainalysis, Fireblocks, and Circle, which are rated seventh to tenth.

The research examined the 50 fintech businesses on Forbes’ 2022 Fintech list based on four factors: total money raised, latest known value, number of Twitter followers as of August 10, 2022, and yearly worldwide searches according to Google Ads Keyword Planner between July 2021 and June 2022.

Each firm was given a normalized score out of 10 for each category, and the final ranking was based on the average of all four values.

Half of the most significant firms in the fintech industry in 2022 come from the cryptocurrency and blockchain sector, which has been heavily impacted by the bear market as well as afflicted by many bankruptcies and regulatory concerns, making their findings all the more noteworthy.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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