ID Finance, the emerging markets fintech company, was rated among the hottest start-ups in Europe for 2018 according to Siliconrepublic media outlet. The rating shows the most remarkable start-ups that will develop in 2018. ID Finance is one of the twenty companies in the fintech category. The media also chose start-ups in the following categories: enterprise/SaaS, IoT/hardware, health/medtech and consumer mobile/e-commerce. The list is not ranked by positions, and the services are shown in the categories in alphabetical order. The following companies are the other ones in the list: Revolut, Nexiot, Payslip, etc.
“This year is a key one for the fintech industry in Europe. The sector is changing dramatically due to introducing PSD2, Brexit consequences, the ongoing evolution of blockchain-based services and others,” the rating compilers indicate. “Europe represents the perfect storm in terms of the challenges and opportunities that fintech portends.”
“ID Finance is in the dynamic growth stage, and we are glad that the expert community has appraised our impact on the market,” Boris Batine, co-founder and CEO at ID Finance, said. “Such ratings are very valuable. For instance, the list includes companies which we follow closely, and there are new names, which we found interesting.”
Siliconrepublic.com – a media about technologies and innovations in Europe. The website was launched in 2001, and now has over 500 000 unique visitors monthly.