Snapdocs Named to the 2020 CB Insights Fintech 250 List of Fastest-Growing Fintech Startups

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Snapdocs honored for achievements as the mortgage industry’s leading digital closing platform

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“We’re honored to be recognized alongside such an impressive collection of companies,” said Aaron King, CEO and founder of Snapdocs.

CB Insights today named Snapdocs (http://www.snapdocs.com) to the third annual Fintech 250, a prestigious list of emerging private companies working on groundbreaking financial technology.

“We're proud to, once again, recognize the 250 best private fintech companies globally. This year's Fintech 250 represents 25 countries and spans 19 categories -- reimagining everything from retail banking and crypto, to insurance and asset management,” said CB Insights CEO Anand Sanwal. “The previous Fintech 250 class raised more than $22 billion in investor financing and saw more than 20 exits after being recognized, and we expect this year's class will have similar success as they continue to transform how people and businesses spend, save, borrow, and invest their money.”

“We’re honored to be recognized alongside such an impressive collection of companies,” said Aaron King, CEO and founder of Snapdocs. “We provide remarkable efficiencies for the companies that make homeownership possible and a beautiful experience for the borrowers celebrating this milestone achievement in life. Without a true partnership from our customers, recognition like this wouldn’t be possible. I’d like to thank each of our customers for innovating with us; they’re the ones who truly made this list.”

Through an evidence-based approach, the CB Insights Intelligence Unit selected the Fintech 250 from a pool of 16,000 companies, including applicants and nominees, based on several factors. These factors include patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum.

Powering millions of mortgage closings a year, Snapdocs empowers mortgage lenders and their settlement partners to modernize, streamline and improve the mortgage closing process for every participant. By coordinating each party on a single platform, leveraging AI to automate manual tasks, and delivering a modern digital borrower experience, mortgage lenders are finally able to close more loans, at lower costs, while delivering the referral-worthy experience borrowers expect.

2020 Fintech 250 Highlights:

Unicorns: 32 of the 250 companies are valued at or above $1B as of their latest funding round

Funding trends: YTD, these 250 private companies have raised $10.3B in equity funding across 120 deals (as of 8/26/20)

Mega-rounds: Since 2019, there have been 87 mega-round ($100M+) equity investments to this year’s Fintech 250, with 35 of them in 2020 YTD (as of 8/25/20)

Global representation: 46% of the 2020 Fintech 250 are based outside the US. After the US, the UK is home to the most Fintech 250 companies (38), followed by India (20)

The Fintech 250 Companies (in alphabetical order):

10x Future Technologies
Addepar
Affirm
Airwallex
Alan
Alkami Technology
Alloy
AlphaSense
Amartha
Anyfin
At-Bay
Atom Bank
AvidXchange
Behavox
Bestow
Better.com
Betterment
BharatPe
Binance
BioCatch
Blend
Blockchain
BlockFi
BlueVine
Bolt Financial
Bought By Many
Bread
Brex
Bright Health
C2FO
Cambridge Mobile Telematics
Canoe Intelligence
Capitolis
Checkout.com
Chime
CLARA analytics
Clearbanc
ClearTax
Cloud9 Technologies
CloudMargin
Coalition
Coinbase
ComplyAdvantage
Concirrus
CRED
Credit Sesame
Creditas
Cross River Bank
CrossBorder Solutions
CurrencyCloud
Curve
CyberCube
Dave
Deserve
Digit
Digit Insurance
Divvy
Dreams Nordic
Drip Capital
dv01
EBANX
Eigen Technologies
Embroker
Empower
Ethos Technologies
eToro
Even
Expensify
FairMarkIT
Featurespace
Figure Technologies
Finix Payments
Flagstone
Flutterwave
Flyhomes
Flywire
Forge Global
Forter
Future Finance
Fyle
Glia
GoCardless
Gorila Invest
Grab
Greenlight Financial Technology
Groundspeed Analytics
Groww
Guideline
Gusto
HealthJoy
HighRadius
Hippo
HomeLight
Hometap
Human Interest
HyperScience
HYPR
iCapital Network
Immuta
INDwealth
Instanda
INSTANT Financial
Invoice2go
Juniper Square
Juspay
Kantox
Khatabook
Kissht
Klarna
Konfio
Ladder
League
LeaseAccelerator
Ledger
Lemon Way
LendInvest
Lendio
Linklogis
LTSE
Mambu
MANTL
Marqeta
Mollie
MoMo
Money Dashboard
MoneyTap
MoneyView
Monzo
MX Technologies
N26
NerdWallet
Newfront Insurance
Next Insurance
NIUM
NiYO Solutions
NorthOne
Nova Credit
Nubank
Numerated
Ocrolus
Ondot Systems
Onfido
Opay
Open Invest
OpenFin
OpenGamma
Oscar Health
Ovo
Own Up
Paidy
PalmPay
Papaya Global
PayFit
Payoneer
Paystack
Paytm Payments Bank
Payveris
PeerStreet
Perfios
Petal
Pie Insurance
Pilot
Pine Labs
PingPong
Point Digital Finance
PolicyBazaar
PolicyGenius
Q4
Qonto
Qualia
QuintoAndar
Railsbank
Raisin
Rapyd
Razorpay
Recurly
Reonomy
Revolut
Riskalyze
RiskGenius
Riskified
Robinhood
Root Insurance
Rupeek
Salary Finance
Satispay
Scalable Capital
Scratch
Self
SFOX
Shift Technology
Silverfin
SimpleNexus
SirionLabs
Skyline AI
Snapdocs
Socotra
Socure
Spendesk
Splash Financial
Spruce Holdings
Starling Bank
StashAway
States Title
Stripe
Superscript
Sure
Swile
Symbiont
Symphony
Tally Technologies
Taxfix
TaxJar
Tessian
The Zebra
Thought Machine
Tide
Tink
Tipalti
Toast
Total Expert
TouchBistro
Tractable
Trade Republic
TransferWise
TrueLayer
Truework
Trulioo
Trumid
Trussle
Trust & Will
Uala
Unqork
Upgrade
Varo Money
Very Good Security
Viva Wallet
Volt Bank
Vouch Insurance
Wealthfront
wefox Group
WorldRemit
Xerpa
XForcePlus
Yapily
YieldStreet
Yoco
Zanbato
Zego
ZestMoney

About CB Insights
At CB Insights, we believe the most complex strategic business questions are best answered with facts. We are a machine intelligence company that synthesizes, analyzes and visualizes millions of documents to give our clients fast, fact-based insights. Serving the majority of the Fortune 100, we give companies the power to make better decisions, take control of their own future, and capitalize on change.

About Snapdocs
Founded in 2013, Snapdocs is the mortgage industry’s leading digital closing platform. With its patented AI technology and connected platform, Snapdocs is on a mission to perfect mortgage closings for all. ​Powering millions of closings a year, Snapdocs is leading the charge to modernize, streamline, and improve the mortgage process for lenders, borrowers, and settlement. Snapdocs is the only solution with a proven track record of creating a single, scalable process for every closing. ​Every day, over 90,000 mortgage professionals rely on Snapdocs to automate manual work and digitize paper processes that plague the industry. Snapdocs is a rapidly growing San Francisco based real estate technology company backed by Silicon Valley venture capital funds, like Sequoia, F-Prime Capital, Y Combinator, Founders Fund, and SV Angel. To learn more, please visit​​ snapdocs.com​.

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Michael Murphy
Snapdocs
+1 8052866934
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Keith Swiader,
CB Insights
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