Best Banking Tech Companies in Minnesota, United States
The 31 best Banking Tech companies in Minnesota, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Total Expert.
Our analysis of 50 Banking Tech companies
$7.7b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Banking Tech companies in Minnesota
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Total Expert Provider of customer engagement platforms for financial institutions | $86M | 84 mo ago | Series C | — | 2012 | WordPressApple iCloud MailMicrosoft 365+19 | 4 patents Automated document-based proportional allocation for marketing and CRM data processing | — |
| 2 | International Decision Systems Lease and loan solutions for equipment finance industry | $20M | 144 mo ago | Acquired | — | 1974 | — | — | — |
| 3 | ClickSWITCH Platform offering account switching solution | $18M | 73 mo ago | Acquired | Cale Johnston Founder & CEO | 2013 | Kendo UIBootstrapMicrosoft ASP.NET+13 | 5 patents Enterprise financial account migration and data integration platform | — |
| 4 | Argos Risk Platform for risk management solutions for businesses | $2M | 135 mo ago | Seed | Lori Frank President & CEO | 2010 | — | — | — |
| 5 | LevelCredit Credit scoring solutions for consumers | $588K | 79 mo ago | Funding Raised | Matthew Briggs Co-Founder & CEO | 2013 | HubSpot CMS HubAmazon Web ServicesHubSpot+10 | — | — |
| 6 | Micah Group Loan underwriting solutions | $50K | 102 mo ago | Funding Raised | Justin Bjerkaas Founder & CEO | 2017 | — | — | — |
| 7 | Nook Customer relationship management platform for banks | — | 31 mo ago | Seed | Mark Portz Co-Founder & Chief Marketing Officer | 2023 | — | — | — |
| 8 | Northteq Loan origination solutions | — | 35 mo ago | Seed | Kristian Dolan Founder & CEO | 2019 | WordPressMySQLPHP+29 | — | — |
Top 10 Banking Tech companies in Minnesota
#1
Series C · Eden Prairie, Minnesota · founded 2012 · 266 employees$86Mraised▾
Provider of customer engagement platforms for financial institutions. This platform unifies data, marketing, sales, and compliance solutions to support the entire customer journey. It offers tools to improve lead generation, conversion, onboarding, cross-selling, and retention. The platform helps financial institutions create personalized customer experiences and increase loyalty. Services include onboarding, professional services, and expert content partnerships. The technology integrates with other leading providers.
- Oct 2019Series C$52M
- Oct 2018Series B$20M
- Apr 2016Series A$3M
- 2015Seed$1.4M
#2
Acquired · Eagan, Minnesota · founded 2013 · 55 employees$18.5Mraised▾
ClickSWITCH is an account switching solution for financial institutions. Enables the users to do a bank account transfer or account switch through any financial institution. ClickSWITCH switches account holders recurring payments, direct deposits and electronic payments from their old accounts to new or existing accounts.
- Sep 2020Series B$2M
- May 2019Series B$13M
- Aug 2018Series A$3.5M
#3
Acquired · Minneapolis, Minnesota · founded 1974 · 121 employees$20Mraised▾
Lease and loan solutions for the equipment finance industry. It provides full lifecycle lease and loan software solutions for the equipment finance industry. Its product Rapport manages all originations, analytics, and front office decisioning processes and InfoLease handles all portfolio management back-office needs.
#4
Seed · Minneapolis, Minnesota · founded 2010$2Mraised▾
Platform for risk management solutions for businesses
- Jul 2015Conventional Debt$200K
- Feb 2014Seed$700K
- Feb 2013Seed$1.1M
#5
Funding Raised · Saint Louis Park, Minnesota · founded 2013 · 30 employees$587.5Kraised▾
LevelCredit provides credit scoring solutions for consumers. It enables individuals to build their credit scores by reporting rent and utility payments to credit bureaus. It provides a platform to track payment progress and offers credit score & insights with financial education.
- Apr 2020Conventional Debt$587.5K
#6
Funding Raised · Plymouth, Minnesota · founded 2017 · 25 employees$50Kraised▾
Loan underwriting solutions. It provides a centralized platform for collaboration between lenders, customers, partners, and brokers to originate loans, share information, and track deals. It offers solutions like origination, underwriting, and collaboration for commercial lenders and financing companies. It automates the commercial loan underwriting and reviewing process.
- Apr 2018Conventional Debt$50K
#7
Seed · Wayzata, Minnesota · founded 2023—raised▾
Customer relationship management platform for banks. It offers a platform that enables financial institutions to manage and build communities by providing financial content, events, and more. It also offers relationship management solutions.
- Apr 2024Seed—
#8
Seed · Minneapolis, Minnesota · founded 2019 · 32 employees—raised▾
Northteq provides loan origination solutions for commercial lending & equipment financing. It offers products such as Lease Accelerator for loan originating & leasing solutions, LenderKiosk for loan origination solutions for brokers, Portal Accelerator for tracking loan portals, and more. It also provides a customized & API-based loan origination portal.
- Nov 2023Seed—
#9
Acquired · Minneapolis, Minnesota · founded 2013 · 30 employees—raised▾
Credit score building through rent payments. Enables to build a credit history by reporting their rent payments to major credit bureaus- Equifax, Experian, and TransUnion. It enables property managers to accept credit cards and e-checks online while integrating with rental accounting software.
- Jun 2017Series A—
#10
Acquired · Plymouth, Minnesota · founded 2003 · 15 employees—raised▾
OnApproach, a consulting firm turned into software firm, is a data integration, big data, reporting, and analytics solutions firm for credit unions. It is a Credit Union Service Organization (CUSO) and enables credit unions to use data collaboratively to discover trends in member behaviour, resulting in improved financial performance and reduced risk. Their product "M360 Enterprise" is multi-sided analytic data model solution which enables credit unions to integrate all their data to analyse and manage. Customers can do branch analysis, fraud detection, lending analytics, asset and liability analysis etc through M360.
- Sep 2016Series A—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Banking Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Fintech is moving in the United States
A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 907 United States-affiliated papers.
- Film Independent54
- United States Department of Commerce26
- Community Partners22
- University of Virginia18
- International Monetary Fund12
- Financial services42
- Database transaction16
- Payment15
- Scalability12
- Credit risk11
- Financial services7→190
- Financial inclusion2→74
- Payment2→50
- Mobile payment3→29
- Leverage (statistics)1→21
- Financial services9→149
- Financial inclusion1→56
- Payment2→27
- Investment (military)1→19
- Cryptocurrency1→17
Where fintech is researched across United States
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing fintech patents in the United States
United States fintech patent filing is accelerating — 20 filings from 16 assignees (2016–2025), led by Mastercard International, Verifone, Financial Cloud Innovations; annual filings 1→7.
- Mastercard International20
- Verifone4
- Financial Cloud Innovations2
- Atombeam Technologies2
- Salah ALI Khalil1
- LNW Gaming1
- Kassetty Nikhil1
- DR Mariappan RAJA1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.