CB Insights Reveals the Fintech 250 List At Future of Fintech

NEW YORK, June 27, 2017 /PRNewswire/ -- CB Insights today named Kasisto to the prestigious Fintech 250, a select group of emerging private companies working on groundbreaking financial technology. CB Insights CEO and co-founder, Anand Sanwal, revealed the Fintech 250 companies during The Future of Fintech, a gathering of the world's largest financial institutions, best fintech startups, and most active venture investors.

"The financial services industry will see more change in the next 10 years than it has in the last 100. And that transformation is being driven by a group of smart insurgent startup companies. The Fintech 250 are the most promising of these insurgents. They are bringing emerging technologies and business models to financial services that will permanently change the way we handle money and do business," said CB Insights CEO Anand Sanwal.

"It's clear that consumers are demanding a better banking experience and have, in fact, come to expect their banking to be like the rest of their digital lives - personal, contextual and predictive. With our conversational AI platform, KAI, financial institutions around the world are creating these same digital experiences for their customers," said Kasisto CEO Zor Gorelov. "We're honored to receive this recognition as one of the few companies in this space with production deployments under our belt - proving the business results and consumer impact when you combine intuitive conversational interfaces with a powerful AI 'do' engine. Every day, KAI bots are fulfilling requests, solving problems, predicting needs and 'doing' more banking - in an interface as natural as texting a friend and in the channel a customer prefers."

The CB Insights research team selected the Fintech 250 companies based on several factors including data submitted by the companies and the company's Mosaic Score. The Mosaic Score, based on CB Insights' National Science Foundation-funded algorithm, measures the overall health and growth potential of private companies. Through this evidence-based, statistically-driven approach, the Mosaic Score can help predict a company's momentum, market health and financial viability.

Companies such as Affirms, Stripe, Robinhood, Acorns, Nav and Blue Vine joined Kasisto in being recognized for their innovative technology in front of an audience of 1000 senior executives from around the world and news outlets including The New York Times, The Wall Street Journal, The Financial Times, Reuters and Bloomberg.

Kasisto's conversational AI platform,KAI Banking, enables banks and financial institutions to attract, engage and support their customers with human-like, intelligent conversations across mobile, web and messaging channels. Out of the box, KAI is fluent in banking intents and sentences so bots and assistants already know how to help customers manage money, track expenses, analyze spending, make payments, and more - in an interface as natural as texting a friend. With sophisticated machine learning, the experience is always improving and the self-service tools enable banks to quickly add new features, products, channels and geographies. KAI helps banks reduce customer care costs by fulfilling requests and solving problems, as well as deflecting calls with personalized insights. In fact, the KAI assistant in DBS digibank handles 82% of all customer inquiries and requests without human intervention. The platform also helps banks increase revenue and engagement with contextual product and services offers, financial well-being features based on data-driven recommendations, and the ability to acquire new customers with differentiated and compelling banking experiences.

Quick facts on the Fintech 250:

    --  These 250 emerging private companies have raised $14B across 240 deals
        in 2016.
    --  Applications of their technology include breakthroughs in insurance,
        lending, payments, human resources, real estate, and much more.
    --  More than 2,000 companies were nominated or applied for the Fintech 250
        (only 8% were selected).
    --  Ribbit Capital has backed 17 of the Fintech 250 companies, while
        Andreesen Horowitz and Goldman Sachs backed 9.
    --  Twenty-three Fintech 250 companies have reached a valuation of $1B or
    --  23 countries are represented among the Fintech 250 companies.

The Fintech 250 Companies (in alphabetical order):

    51Xinyongka             Axoni                           Canopy Tax

    55 Capital              Behalf                          Capital Float

    Acorns                  Beijing LaKala Billing Services Captable.io

    Activehours             Better Mortgage                 Chain

    Addepar                 Betterment                      Circle Internet Financial

    Adyen                   Billtrust                       CircleUp

    Affirm                  BIMA                            Clarity Money

    Airwallex               bitFlyer                        ClearTax

    Algomi                  BitPesa                         Cloud9 Technologies

    AlphaSense              Blend                           Clover Health

    AngelList               Blockstack Labs                 Coinbase

    Ant Financial Services
     Group                  Blockstream                     Coins.ph

    Artivest Holdings       BlueVine                        ComplyAdvantage

    Assembly Payments       bonify                          Credit Benchmark

    Atom Bank               Branch International            Credit Karma

    AutoGravity             Brave Software                  Creditas

    Auxmoney                Bright Health                   CreditEase Insurance Agency

    Avalara                 C2FO                            CreditMantri

    AvidXchange             Cadre                           Cross River Bank

    Crowdcube               IEX Group                       Nongfenqi

    CurrencyCloud           Indiegogo                       Nubank

    CurrencyFair            Indifi Technologies             Numerai

    Cyence                  iyzico                          Nutmeg

    Dadao Financial         iZettle                         One97 Communications

    Deposit Solutions       JD Finance                      Onfido

    DianRong                Juvo                            OpenFin

    Digit                   Juzhen Financials               OpenGamma

    Digital Asset Holdings  Kabbage                         Oportun

    Digital Reasoning
     Systems                Kakao Pay                       Orchard Platform

    Droit Fintech           Kasisto                         Oscar Health Insurance Co.

    Earnest                 Kensho Technologies             Paga

    Easynvest               Kickstarter                     Parasut

    Ebury                   Klarna                          Paymax

    Ellevest                Kreditech                       PayNearMe

    Embroker                Kyriba                          Payoneer

    eShares                 Ladder                          Paystack

    Even Respsonsible
     Finance                Lemonade                        Paytm Payment Bank

    EverCompliant           LendingHome                     PeerIQ

    Ezetap Mobile Solutions Lendingkart                     PeerStreet

    Factom                  LendInvest                      Perfios

    Fenergo                 LendUp                          Personal Capital

    Fenqile                 LevelUp                         Ping++

    figo                    Lu.com                          Plaid Technologies

    FinanceIt               M-DAQ                           Point Digital Finance

    FinancialForce.com      Magento Commerce                Polychain Capital

    Finrise                 MarketInvoicev                  Ppdai

    Flywire                 Marqeta                         Propel

    Folio                   Merlon Intelligence             Property Partner

    freee                   MetroMile                       Prospa

    Fundbox                 MobiKwik                        Qapital Insight

    Funding Circle          MoMo                            QFPay

    Funding Societies       MoneyFarm                       Qingsongchou

    Futu5                   Moneytree                       Quantopian

    GoCardless              Monzo                           Qudian

    GoFundMe                Mynt                            Quovo

    GreenSky                N26                             Raisin

    GuiaBolso               Namely                          RealtyShares

    Guideline               Nav                             Red Dot Payment

    Gusto                   Neighborly                      Reorg Research

    Habito                  NerdWallet                      Revolut

    hibob                   New York Shipping Exchange      Ripple Labs

    IceKredit               Next Insurance                  Riskalyze

    Robinhood               THEO                            Weidai

    Rong360                 Tiger Brokers                   WeLab

    Roofstock               Tink                            WorldCover

    Roostify                Token                           WorldRemit

    Seedrs                  Tradeshift                      Xapo

    Shenzhen Kingdee        Trading Ticket                  Xiaoyusan Insurance

    Suishou Technology      TransferWise                    Xignite

    Signifyd                TravelBank                      Xishan Information Technology

    Silverfin               Trov                            YapStone

    simplesurance           TrueAccord                      Yoco

    SirionLabs              Trulioo                         YongQianBao

    Smava                   Trumid                          Yuanbaopu

    SocietyOne              Tyro Payments                   Zeitgold

    Socure                  Upgrade                         ZestFinance

    SoFi                    VATBox                          ZestMoney

    solarisBank             Veem                            Zhong An Insurance

    Stash Invest            Verato                          Zoona

    Street Contxt           Viva Republica                  Zooz

    Stripe                  Wave Accounting                 Zopa

    Symphony Communication  Wealthfront                     Zuora

    Services Holdings       WealthNavi

    Tala                    Wealthsimple

    Tally Technologies      WeCash

About CB Insights
Our team comes to work every day to build technology that helps corporations guess less and win more. We aggregate and analyze massive amounts of data and use machine learning, algorithms and data visualization to help corporations replace the three Gs (Google searches, gut instinct and guys with MBAs*) so they can answer massive strategic questions using probability not punditry.

With backing from the National Science Foundation and venture capital investors, we mine terabytes of data and knowledge contained in patents, venture capital financings, M&A transactions, hiring, startup and investor websites, news sentiment, social media chatter, and more. Our software algorithmically analyzes this data to help our clients see where the world is going tomorrow, today.

*We have MBAs.

Farrah Kim, PR Manager
+1 212-292-3148

About The Future of Fintech
The Future of Fintech is an exclusive gathering of the world's largest financial institutions, best fintech startups, and most active venture investors.

For more information about the Fintech 250, visit:

To learn more about CB Insights' Future of Fintech, go here:http://events.cbinsights.com/future-of-fintech

About Kasisto
Founded in 2013, Kasisto is on a mission to enable companies to attract, engage, support, and transact with their customers via human-like, intelligent conversations, anytime, anywhere. Kasisto's conversational AI platform, KAI, powers omni-channel bots and virtual assistants with deep domain expertise across mobile apps, web, messaging platforms, wearables, and IoT devices. With contextual and personalized conversations, they fulfill requests, solve problems, and predict needs as well as help companies support, market, and upsell products and services. Built with the deepest AI portfolio in the industry, KAI is an agile platform with self-service tools to customize and continually improve consumer experiences and seamlessly add new features. As an SRI International spin-off, Kasisto leverages decades of artificial intelligence research and IP to create a full-stack, scalable, enterprise-ready platform. For more information visit www.kasisto.com and follow @kasistoinc on Twitter.


Carly Rickards
Mighty for Kasisto
+1 858-472-8616

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