Railsbank ranked within top 50
Updated: Apr 1, 2022
Railsbank has been ranked within the top 50 of UK fintech companies according to the total amount of equity investment received to date.
The list was put together by Beauhurst, a data platform that lets users discover, track and understand high-growth companies, accelerators and funds.
Explaining the background to its list, it noted that:
“The Fintech industry is the UK’s strongest startup sector, with more than 1,600 high-growth fintech companies, 17 unicorn companies (half of the UK’s billion-dollar startups), and more venture capital investment than any other industry.
“Collectively, UK fintech companies have raised £20.8b in equity funding, with a staggering £7.65b in 2021 alone.
“As they grow and develop, these fintech startup and scaleup companies are posing a very real threat to the traditional banking and financial services industry, and catalysing innovation amongst incumbents.
Beauhurst is based in London and Nottingham.