Best Banking Tech Companies in Utah, United States
The 37 best Banking Tech companies in Utah, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Brex.
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 Utah
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Brex 🦄 Provider of financial software platform, cards, banking, expense, and accounting 87Funding top 15%Moat top 18%Patents top 20%Innovation top 22% All 12 signals ▾Fundingtop 15% Moattop 18% Patentstop 20% Innovationtop 22% Customerstop 24% Techtop 25% Talenttop 28% Newstop 29% Markettop 37% Growthtop 38% Producttop 41% Globaltop 47% Funding: Raised $1.2B across 11 rounds · 11 rounds over 9 yrs (1.2/yr) Moat: Editorial + unicorn rating 10/10 · IP moat: 128 patents rank vs industry peers · Fliar Intelligence Index 87/100 | $1.2B | 20 mo ago | Acquired | Henrique Dubugras Founder and Chairman | 2017 | Amazon WebstoreSentryApple iCloud Mail+37 | 128 patents Real-time financial data pipelines, synchronization, and alerting for transaction processing | 1 launch |
| 2 | MX 🦄 Provider of data-driven analytics and open banking API for businesses | $610M | 68 mo ago | Series C | Ryan Caldwell Co-Founder & CEO | 2010 | Apple iCloud MailRubySalesforce+24 | — | 1 launch |
| 3 | SimpleNexus Developer of loan life cycle management platforms for mortgage lenders | $128M | 68 mo ago | Acquired | — | 2011 | SentryRubyVuetify+16 | — | — |
| 4 | LoanPro Cloud-based loan life cycle management software | $100M | 62 mo ago | Series A | Ben Roberts Co-Founder & COO | 2006 | Apple iCloud MailGoogle WorkspaceThree.js+21 | — | — |
| 5 | Galileo Provider of cloud-based platform for financial technology and digital banking | $85M | 82 mo ago | Acquired | — | 2000 | ContentfulYouTubeBootstrap+29 | 23 patents Mobile imaging and spectral data systems for digital asset creation, UV decontamination, and swarm analytics | — |
| 6 | Finicity Open banking aggregation API solutions | $80M | 97 mo ago | Acquired | Steven Smith ex-Co-Founder | 1999 | SentryApple iCloud MailTypeScript+14 | 39 patents Secure financial data aggregation and consent‑based verification of income, assets, and transactions. | — |
| 7 | Atomic Provider of payroll management services | $75M | 17 mo ago | Series B | Andrea Martone Co-Founder & CPO | 2020 | Tailwind CSSGSAPAmazon Web Services+16 | 15 patents Patents concentrated in electrical & electronics | — |
| 8 | Browz Supply chain risk management and compliance solutions | $32M | 100 mo ago | Series B | — | 2001 | — | 6 patents Enterprise risk analytics and supplier compliance assessment software solutions | 1 award |
| 9 | AutoPal Provides Loan servicing software | $3M | 77 mo ago | Funding Raised | — | 2009 | — | — | — |
| 10 | TeamUp Provider of money management platform for student athletes and athletic departments | $2M | 51 mo ago | Seed | Alan Akina Founder & CEO | 2022 | — | — | — |
| 11 | Seis Provider of diigital bank for individuals | $125K | 51 mo ago | Seed | Trevor McKendrick Co-Founder & CEO | 2021 | WebflowTikTok PixelMicrosoft Clarity+14 | 8 patents Downhole acoustic signal generation for wellbore logging and monitoring | — |
Top 12 Banking Tech companies in Utah
#1
Brex 🦄Acquired · Draper, Utah · founded 2017 · 67 employees$1.2Braised▾
Provider of financial software platform, cards, banking, expense, and accounting. The platform offers tools for corporate cards, expense management, travel, bill pay, banking, and treasury services. It provides solutions for startups, mid-size companies, and enterprises. The platform includes features for spend control, expense automation, vendor payments, and accounting automation.
- Jan 2025Conventional Debt$235M
- Oct 2021Series D$300M
- Aug 2021Venture Debt$150M
- Apr 2021Series D$425M
#2
Series B · Salt Lake City, Utah · founded 2020 · 89 employees$74.8Mraised▾
Provider of payroll management services
- Apr 2025Series B$10M
- Mar 2022Series B$40M
- Oct 2021Series A$22M
- Jun 2021Series A—
#3
MX 🦄Series C · Lehi, Utah · founded 2010 · 481 employees$609.7Mraised▾
Provider of data-driven analytics and open banking API for businesses. It offers an open financial database for personalized marketing, personal financial management, financial insight, mobile banking, and more. It offers tools for data enhancement, data aggregation, and data analytics. It also offers SaaS-based products for banks, credit unions, and fintech companies.
- Jan 2021Series C$300M
- Jun 2019Series B$100M
- 2018Series B$75M
- Sep 2015Angel$4M
#4
Acquired · Draper, Utah · founded 2011 · 113 employees$128Mraised▾
Developer of loan life cycle management platforms for mortgage lenders. Its product includes a platform for communication and collaboration, an origination platform for loan production and customer satisfaction, and a closing for loan servicing.
- Jan 2021Series B$108M
- Jun 2018Series A$20M
#5
Series A · Farmington, Utah · founded 2006 · 175 employees$100Mraised▾
Cloud-based loan life cycle management software. It features tracking of loans, automated payments and collections, API-based integrations, customer portal for viewing loan data, and more. It provides solutions such as loan origination, loan servicing, document collection, credit assessments, and more. It offers solutions for consumer and business loans.
- Jul 2021Series A$100M
#6
Acquired · Sandy, Utah · founded 2000 · 200 employees$85Mraised▾
Provider of cloud-based platform for financial technology and digital banking. The platform offers APIs for building and scaling financial products and experiences. It supports deposits, engagement channels, payments, cards, lending, and risk management. The platform is designed for financial institutions, fintechs, and brands.
- Oct 2019Series A$77M
- Apr 2014Series A$8M
#7
Acquired · Salt Lake City, Utah · founded 1999 · 434 employees$80Mraised▾
Finicity provides open banking aggregation API solutions for the financial services industry. It provides aggregation APIs for transaction aggregation, account history aggregation, statement aggregation, and more. It also offers APIs for ACH account verification, verification of income, and verification of assets. It also facilitates account creation & fraud mitigation.
- Jul 2018Series B$29M
- Oct 2016Series B$42M
- Apr 2014Unattributed$62.5K
#8
Series B · Draper, Utah · founded 2001 · 132 employees$32Mraised▾
Supply chain risk management and compliance solutions. The product suite that offers to prequalify, assess, and monitor compliance of suppliers based on the customer needs. It also assists in identifying risk within the supply chain, managing employee-level data, conducting safety auditing, and sourcing new suppliers.
- May 2018Series B$22M
- Mar 2015Series A$10M
#9
Seed · Orem, Utah · founded 2022 · 1 employees$1.7Mraised▾
Provider of money management platform for student athletes and athletic departments. The platform allows coaches and athletic directors to schedule and transfer per diems. Students can spend safely and build their credit scores. The platform offers secure credit cards, credit score tracking, and financial education resources.
- Jun 2022Seed$1.7M
#10
Funding Raised · Farmington, Utah · founded 2009 · 22 employees$2.5Mraised▾
AutoPal provides loan servicing software system. The AutoPal system gives lender access to his loan database, while giving his customers a professional, online portal to view their loan transactions and make payments. It offers real estate loan software, consumer loan software, vehicle loan software and other loan softwares.
- Apr 2020Conventional Debt$302.8K
- Jun 2011Conventional Debt$2.2M
#11
Seed · Salt Lake City, Utah · founded 2021 · 16 employees$125Kraised▾
Provider of diigital bank for individuals. The platform offers services such as savings accounts, prepaid cards for online or offline purchases, bill payments, money transfers, and more. It also features personalized cards, video and chat-based customer support, and more. The application is available on Android and iOS platforms.
- 2022Seed—
- Mar 2022Seed$500K
#12
Seed · Provo, Utah · founded 2019 · 15 employees—raised▾
Open banking aggregation API. It offers a solution that enables financial institutions and fintech to integrate and provide digital banking services to the end customers. It enables financial institutions to connect to third-party aggregators using APIs and obtain real-time financial data for loan approvals and informed decisions.
- Nov 2023Seed—
- Jul 2023Angel—
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.