Top 7 European Fintech Payment Companies

The companies are not listed in any particular order, all of them are great inspiring examples for future fintech businesses.

1. Truust

A single platform for all of your smart payments of your digital business.

Website: https://truust.io/ 

HQ Location: Barcelona, Spain.

Year Founded: 2017

Description:

Truust is a customizable and easily integrated platform for smart payments. With this solution, many digital businesses, from the general economy to e-commerce, can manage their payments in the market with flexibility not previously available in traditional banking.

FEATURES:

• Escrow accounts.
• Split Payments.
• Pay by link.
• Payment Flows.
• eWallets.
• Tokenization.
• Fraud prevention.
• Real-time notifications.
• Accessible dashboard.

2. N26 Bank

The bank account that gives you more control.

Website: https://n26.com/

HQ Location: Berlin, Germany

Year Founded: 2013

Description:

N26 is a German neobank that offers its customers the possibility to manage their payments via their mobile phone. With each customer plan, customers receive a wide range of features that offer an individual choice of benefits, such as a Mastercard debit card. Today, N26 has over 1 million users from the US and several countries in Europe.

FEATURES:

• Online banking.
• Easy to use the app.
• Cheap currency exchange.
• Free ATM withdrawals (3 per month anywhere in the world).
• Instant spending notifications.
• Easily block/unblock the card.
• Fee-free spending abroad.
• Apple/Google Pay
• Mastercard 3D secure.

3. solarisBank

The tech company with a banking license.

Website: https://www.solarisbank.com/en/

HQ Location: Berlin, Germany

Year Founded: 2016

Description:

SolarisBank is a banking company that offers Banking-as-a-Service, which companies use to offer financial services on their own platform. The products can be developed by the company in such a way that they are precisely adapted to the needs of their customers. The technology company holds a full banking licence. As a holder of a banking licence, solarisBank is a financial institution that accepts consumer and business deposits and is allowed to conduct financial transactions

FEATURES:

• Digital Banking & Cards.
• Splitpay.
• Consumer lending.
• SME Lending.
• Settlement Account.
• Pooling account.
• KYC Platform.
• Digital assets.

4. Tink

Enables banks to create next-generation banking services, including account aggregation, payment initiation and PFM.

Website: https://tink.com/

HQ Location: Stockholm, Sweden.

Year Founded: 2012

Description:

Tink was founded in 2012 to improve the banking industry. The company have built Europe’s most comprehensive open banking platform – with extensive connections and strong services that add value from financial data. They offer tools that enable everyone – whether bank, fintech or start-up – to help shape the future of financial services in Europe.

FEATURES:

• Account aggregation
• Account check
• Payment initiation
• Data enrichment
• Personal finance management

5. Klarna

Payment solutions for online storefronts.

Website: https://www.klarna.com

HQ Location: Stockholm, Sweden.

Year Founded: 2005

Description:

Klarna is one of the world’s leading payment providers and a licensed bank that is transforming the payment experience for shoppers and merchants. The company enables consumers to quickly, easily and securely settle outstanding payments immediately, later or in instalments. Klarna works with over 200,000 merchants such as H&M, Spotify, MediaMarkt, Expedia, Adidas and Deutsche Bahn and currently employs over 3,000 people in 17 countries.

FEATURES:

• Safe and secure.
• No annual fee is charged.
• Options with zero per cent.
• Automatic payment.
• Easy to use application.
• Payment reminders.
• Easy refunds.

6. Nordigen

Building transaction analytics tools for banks and lenders.

Website: https://nordigen.com/en/

HQ Location: Riga, Latvia.

Year Founded: 2016.

Description:

The Latvian financial services fintech company Nordigen uses financial data to help banks and lenders increase the speed and accuracy of credit decision-making. With a single API call, they help to obtain basic identification information or a detailed summary of the person’s income, including data such as projected income and income stability. The platform helps banks, lenders and Fintechs to develop applications that can easily synchronise with customer bank account data, speed up the customer registration process, verify customer identity and use the cleared bank statement data to make informed decisions.

FEATURES:

• Aggregation.
• Transaction categorization.
• KYC.
• Insights.
• Powerful and modern API.

7. Qonto

Provides online banking services to small businesses.

Website: https://qonto.com/en 

HQ Location: Paris, France.

Year Founded: 2016.

Description:

Qonto is a digital neo-bank. It is one of the banks dedicated exclusively to the business market and has reached over 65,000 business clients in more than two years since its founding. Qonto is an excellent solution for companies that want to optimise and accelerate their banking processes without having to pay enormous fees. There are several packages adapted for companies of different sizes, and the web application offers many excellent services that help with accounting and budget management.

FEATURES:

• Multi-Currency Accounts;
• Payments
• Corporate card.
• Employees, roles & permissions
• Accounting tools.
• Security.
• Extra perks.
• Customer support.