Radar Landscapes Fintech Landscape of Boston
Fintech industry in Boston — illustrated cover for the Fintech Landscape of Boston
Radar · Industry landscape · Boston

Fintech Landscape of Boston

265 Fintech companies in Boston, in one picture: who is hiring, who is raising money, who founded them, what the news is about, which skills employers want and where the research is going. Updated August 2026.

265companies tracked
$5.7Bdisclosed funding
21hiring right now
244events · 24 months
9,393news articles · 12 months

Who leads Fintech in Boston

Shows the top fintech firms in Boston by size, funding and hiring activity, noting 265 tracked companies, 21 currently hiring and 95 with recent funding rounds.

open roles
Hiring now
ranked by live open roles
  1. 01Zelis Healthcare10last posted Jul 2026
  2. 02Comparion Insurance Agency10last posted May 2026
  3. 03Lendbuzz9last posted Jul 2026
  4. 04Groma9last posted Jun 2026
  5. 05Liberty Mutual8last posted Mar 2026
  6. 06Hometap6last posted Mar 2026
  7. 07AIR Worldwide5last posted May 2026
  8. 08Xceedance5last posted Aug 2026
21 companies hiring · 2 posted in the last 30 days
disclosed funding
Most funded
disclosed totals, all rounds
  1. 01Lendbuzz$1.4BConventional Debt · Oct 2023
  2. 02Transmit Security$543MSeries A · Jun 2021
  3. 03Openly$438.3MSeries E · Apr 2026
  4. 04BitSight$400MSeries E · Sep 2021
  5. 05Duck Creek$350MSeries D · Jun 2020
  6. 06Forward Financing$342MConventional Debt · Jun 2021
  7. 07Flywire$263.2MSeries E · Mar 2021
  8. 08Hometap$222MSeries B · Dec 2025
95 companies with disclosed rounds · $5.7B total
headcount
Largest teams
ranked by tracked headcount
  1. 01Zelis Healthcare2,336tracked employees
  2. 02Comparion Insurance Agency1,854tracked employees
  3. 03Xceedance1,731tracked employees
  4. 04BitSight396tracked employees
  5. 05Transmit Security332tracked employees
  6. 06Lendbuzz300tracked employees
  7. 07Hometap231tracked employees
  8. 08gannett welsh & kotler218tracked employees
27 companies with headcount data
share of events
Share of voice
share of all tracked sector news events, 24 months
  1. 01Duck Creek20.6%61 tracked events
  2. 02Flywire15.9%47 tracked events
  3. 03Lendbuzz13.2%39 tracked events
  4. 04Liberty Mutual10.8%32 tracked events
  5. 05Indico Data7.4%22 tracked events
  6. 06Gradient6.1%18 tracked events
  7. 07Openly4.7%14 tracked events
  8. 08Xceedance3.4%10 tracked events
296 tracked events across 26 companies
articles
In the news
Prism news coverage, last 12 months
  1. 01Liberty Mutual464articles in the window
  2. 02Bento318articles in the window
  3. 03Goji135articles in the window
  4. 04Duck Creek133articles in the window
  5. 05Flywire120articles in the window
  6. 06Digital Onboarding99articles in the window
  7. 07BitSight68articles in the window
  8. 08Hometap18articles in the window
32 of these companies drew sector coverage in the window
Radar

See all 265 Fintech companies in Boston

Filter by funding, headcount, hiring and location, and export the list.

How the Fintech ecosystem in Boston grew, 2016–2025

Displays the annual count of new fintech startups from 2016 to 2025, highlighting a peak of 23 companies founded in 2017 and only 5 in 2025.

Companies founded / year
new Fintech companies in Boston
2016: 132017: 232018: 212019: 212020: 142021: 182022: 92023: 132024: 82025: 5
20162025
peak 23 in 2017
Companies raising / year
with a disclosed round that year
20162025
peak 28 in 2019
Disclosed funding / year
sum of disclosed rounds (USD)
2016: 155,784,3802017: 67,730,7962018: 267,405,0012019: 603,496,9982020: 501,712,0662021: 1,890,238,8972022: 604,012,7222023: 724,785,5522024: 202,556,4172025: 252,649,954
20162025
peak $1.9B in 2021
Boston — home to 265 tracked Fintech companies
Boston265 Fintech companies tracked here

The Fintech market map of Boston: what these companies actually do

Breaks down the product types these firms develop and their revenue models, with enterprise tech (156) and consumer digital (99) leading, and subscription (188) the most common revenue method.

  • Enterprise Tech156 companies · $3.8B raised · 14 hiring
  • Consumer Digital99 companies · $2.7B raised · 5 hiring
  • Enterprise Software96 companies · $2.9B raised · 12 hiring
  • SaaS50 companies · $2.2B raised · 8 hiring
  • Fintech SaaS32 companies · $1.8B raised · 7 hiring
  • Online Trading Platforms22 companies · $90M raised
  • Blockchain in Financial Services20 companies · $188.3M raised · 2 hiring
  • Nbfc Lenders20 companies · $2.2B raised · 3 hiring
  • Wealth Management Software19 companies · $22.8M raised
  • Business Payments Solutions19 companies · $276.3M raised · 1 hiring
  • Internet First Wealth Management Platforms18 companies · $10.5M raised
  • Marketplaces17 companies · $205.9M raised

Monetization

How Fintech companies make money

How many companies earn revenue each way. Plenty use more than one model, so the counts add up to more than the sector.

Subscription188
Commission on Transaction114
Fee-For-Service52
E-Commerce - Service31
Lending15
E-Commerce - Product11
Physical Commerce6
Advertising5

Funding, M&A and the deals moving Fintech in Boston

Lists 244 corporate events over the past two years, including 49 key‑people moves, 40 earnings releases, 33 funding rounds, 28 new products and 28 mergers or acquisitions.

Leadership 49Earnings 40Funding 33Product 28M&A 28Lawsuit 23Contracts 14Capital 6IPO 5Announcement 5
  • FundingAllianz has invested more in Boston-based homeowners insurance platform Openly and expanded a reinsurance partnership.2026-04-27
  • FundingGradient AI, a leading provider of artificial intelligence solutions for the insurance industry, has secured growth capital financing from CIBC Innovation Banking, a specialist lender with over two decades of experience backing growth-stage technology companies.2026-03-04
  • IPOLendbuzz Inc. is offering an undetermined number of shares of its common stock and the selling stockholders identified in this prospectus are offering additional shares of common stock.2026-01-26
  • M&AXceedance acquired Marble Box, a company delivering tailored operational support and process optimization solutions to independent insurance agencies and brokers.2026-01-26
  • M&AHeritage Global Inc. recently expanded its Financial Assets division by acquiring The Debt Exchange, Inc. (DebtX), a leading loan-sale and valuation platform, for approximately $8.5 million.2026-01-23
  • FundingHometap, the Boston-based FinTech firm pioneering alternative home equity financing solutions, has secured $50m in new capital from affiliates of Gallatin Point Capital.2025-12-12
  • FundingForward Financing , a leading provider of small business financing across the United States, announced the closing of its first-ever asset-backed securitization totaling $170 million.2025-12-11
  • M&ALinkage Global Inc (NASDAQ: LGCB) entered into a non‑binding Letter of Intent ... whereby the Company may acquire 100% of the equity interest in Cicada for an aggregate consideration of $60 million.2025-12-09
  • FundingAviva Ventures Completes Strategic Investment in Indico Data to Accelerate AI-Driven Insurance Automation2025-10-31
  • FundingFusepay (Seychelles): Picked up $350,000, highlighting fintech activity in smaller markets2025-09-11

Mergers and acquisitions

Deals from the last 24 months where a Fintech company in Boston was the buyer or the one bought, newest first. “Undisclosed” means the price was never published — not that the deal was worth nothing.

AcquirerTargetDeal valueStatusDate
Xceedancemarble boxundisclosedAnnounced2026-01-26
Heritage GlobalDebtX$8.5MAnnounced2026-01-01
linkage globalCicada$60MAnnounced2025-12-09
Cicadalinkage globalundisclosedAnnounced2025-12-01
Penn-America Underwriters, LLCSayataundisclosedCompleted2025-09-02
chubbLiberty MutualundisclosedAnnounced2025-03-05

Who is listing, hiring leaders, launching and winning work

Provides details on specific events such as leadership changes, product launches and contract wins within the sector.

Leadership moves
15 tracked people moves · last 12 months
  • XceedanceSwapna Allapur · Appointment → Chief People OfficerApr 2026
  • XceedanceVijaylaxmi Tarafdar · Promotion → Associate VP client partner for Australia and New ZealandMar 2026
  • FlywireChristine Katziff · Appointment → Board MemberMar 2026
  • FlywirePatrick Blanc · Appointment → Chief Technology OfficerFeb 2026
  • FlywireDavid King · Promotion → Chief Product Officer and Co-President of Global EducationFeb 2026
  • Liberty MutualJimmy Tong · Appointment → Chief Executive OfficerFeb 2026
  • XceedanceGavin Lillywhite · Appointment → Senior Vice President (SVP), Business DevelopmentFeb 2026
  • Karen Clark and CompanyDeanne Nixon · Appointment → Senior Vice PresidentJan 2026
Product launches
tracked launches · last 12 months
  • Duck CreekDuck Creek Agentic Product Configurator (Insurance product configurator)Apr 2026
  • Duck CreekAgentic Underwriting Workbench (Underwriting Automation)Apr 2026
  • InfosistemabizSupply (Contract Intelligence Platform)Apr 2026
  • FusepayFusepay Digital Payment Platform (Payment Platform)Nov 2025
  • GradientRisk Management Life Cycle solution (Risk Management)Sep 2025
Contract wins
9 customer wins · last 24 months
Regulatory & litigation
1 regulatory events · 18 tracked suits · 24 months
  • Liberty Mutualapproved reorganization — Massachusetts Division of InsuranceFeb 2026
  • rcom v centre, cbi, Enforcement Directorate, Anil AmbaniMassive fund diversion · OngoingFeb 2026
  • centre v defsys solutionsSuspension of business with government · DismissedJan 2026
Earnings pulse
companies reporting results · last 24 months
3 companies reporting42 company-quarters trackedbeat 8miss 5in line 0

Half of these companies grew revenue faster than +17.0%, half slower.

Who is building Fintech in Boston

Profiles 177 founders and CEOs across 122 companies, noting MIT (14 alumni), Harvard (13) and Harvard Business School (11) as the most frequent alma maters.

Founders and chief executives12 of 177, from the best-funded companies on this page
Amitay Kalmar
Co-Founder & CEO
Amitay Kalmar

Ex-Deutsche Bank, IDF · Tel Aviv University BSc 2002, MIT Sloan School of Management MBA 2010

Rakesh Loonkar
President & Co-Founder
Rakesh Loonkar

Picture Capital, Apiiro, ex-Netscreen Technologies, Hewlett Packard Enterprise. Rensselaer Polytechnic Institute BE 1993

Steve Harvey
CEO
Steve Harvey

Ex-ISS, RiskMetrics Group, Dow Jones.

Carl Strempel
Co-Founder / CFO
Carl Strempel

Imburse Payments Marketplace, ex-Jumia, ex-Tesco, University of Pretoria/Universiteit van Pretoria, 2010

Peter Breitstone
CEO
Peter Breitstone

Ex-CEO-Breitstone, Insureon, Aon. Temple University - James E. Beasley School of Law JD

Stan Smith
Founder & CEO
Stan Smith

Ex-Milliman, CIMTEK, MatrixOne, Agile Software, Founder & CEO OpenRatings · Dartmouth College 1980

Sara Choi
Co-Founder & COO
Sara Choi

Ex-Co-Founder Airfox, Ciao Telecom, Google, YouTube. Harvard University BA, HBS MBA

Tom Wilde
CEO
Tom Wilde

Ex-Founder & CEO RAMP, Cxense, NameMedia, MIVA. Colby College BA 1989, Wharton School MBA 1998

Afik Gal
Co-Founder
Afik Gal

Ex- eviCore healthcare, QPID Health, PwC Consulting, Founder AfikGal.com - Healthcare Analytics…

Mike Tassone
Co-Founder And Chief Operations Officer
Mike Tassone

Brown University BA, Harvard Business School MBA 2005

Jonathan Crossman
Co-Founder & CTO
Jonathan Crossman

Ex- Digication. Taylor University 2005

Asaf Lifshitz
Co-Founder and CEO
Asaf Lifshitz

Ex-The Boston Consulting Group. The Hebrew University of Jerusalem BSc 2006, Technion - Israel Institute of Technology MSc 2012…

Where the founders studied
alma mater on record for 51 of 177 founders
Massachusetts Institute of Technology14
Harvard University13
Harvard Business School11
Yale University4
University of Pennsylvania4
Wharton School3
Cornell University2
Carnegie Mellon University2
Where they worked before
a previous employer on record for 10 of 177 founders
McKinsey2
Bain2
Goldman Sachs2
Cisco1
Google1
Boston Consulting Group1
Amazon1
Paypal1
Founders flagged as repeat founders
of 165 founders with a profile on this page
3
carry a repeat-founder flag
  • flagged as repeat founders3
  • no repeat-founder flag162
Women and men among the founders
first names matched for 160 of 177 founders
12%
of matched founders are women
  • women20
  • men140
Inferred from first names, using 119 million people who state their own gender: a first name counts only where at least 20 of them share it and at least 90% of those share the same gender. The other 17 founders go in neither column.
Radar

Look up the people behind Fintech companies in Boston

Search founders, executives and operators by company, role and location.

Who funds Fintech in Boston

Summarizes 247 funding rounds since 2016 from 356 investors, with the typical round amounting to $4.2 million.

Investor · most active investors since 2016RoundsLedLatest
Techstars117Jan 2024
Underscore VC73Oct 2024
Bain Capital Ventures72Mar 2021
Gradient Ventures72Apr 2026
Spark Capital63Jan 2023
.406 Ventures63Jun 2024
TTV Capital52Dec 2022
Hyperplane51Dec 2020
Goldman Sachs51Jun 2021
Homebrew51May 2022
Stage mix · rounds since 2016
Seed & Angel94
Series A–B79
Series C+ / PE30
Grants, debt & other44

The typical round is $4.2M — half were bigger, half smaller.

The biggest Fintech funding rounds in Boston

Highlights the largest disclosed financing, such as Transmit Security’s $543 million Series A, and lists ten other major recent rounds.

Venture round sizes · 2023–2025
<$1M5
$1–10M15
$10–50M9
$50–250M5
>$250M0

34 venture rounds with a disclosed amount in the window.

Fresh cheques · last 6 months
  • OpenlySeries EundisclosedApr 2026
  • GradientConventional DebtundisclosedMar 2026
  • EnFiSeries A$15MFeb 2026

What the news says about Fintech in Boston

Counts 9,393 news articles in the last year, most often covering cryptocurrency effects on forex, macroeconomic indicators, trade tensions, and interest‑rate decisions.

News volume
Fintech coverage tagged Boston · articles per quarter
2021Q2: 2,2952021Q3: 2,8292021Q4: 2,2032022Q1: 2,8782022Q2: 2,6422022Q3: 2,2662022Q4: 2,5022023Q1: 2,8992023Q2: 3,1222023Q3: 2,3062023Q4: 2,6692024Q1: 3,4902024Q2: 2,9912024Q3: 2,6752024Q4: 2,5092025Q1: 4,2762025Q2: 2,6582025Q3: 2,7712025Q4: 1,9332026Q1: 2,244
2021Q22026Q1
peak 4,276 in 2025Q1 · 9,393 articles in the last 12 tracked months
Tone of coverage
share of articles by dominant sentiment (positive / neutral / negative)
202120232025
Positive-tone share moved 73% → 72%, negative 25% → 25% across 2021–2025.

What the coverage is about

The subjects that dominate Fintech news in United States. The arrow shows whether each one is being written about more or less than a year ago.

  • Cryptocurrency impact on forex markets256,685▲+41%
  • Economic indicators (gdp, cpi, unemployment)85,368→+7%
  • Trade wars and geopolitical impacts83,564▲+17%
  • Interest rate decisions and impacts72,480▲+17%
  • Central bank monetary policy announcements65,419→+10%
  • Federal reserve policy meeting summaries64,366▲+17%
  • Global recession risks and forecasts63,436▲+13%
  • Regulatory compliance in foreign exchange trading50,230▲+85%
  • Foreign exchange (forex) rate fluctuations49,040▲+40%
  • Quarterly and annual financial results48,582▲+28%
Most-covered companies · last 12 months

32 Fintech companies here were named in the news over this period.

Prism

Watch Fintech coverage in United States as it happens

Prism follows these subjects story by story — which companies are named, what is said about them and how the tone moves.

Momentum

The words getting louder — and quieter

Which terms are showing up in more stories than a year ago, and which are fading. The percentage is the change in how many articles mention them.

stablecoin fx impact+124%stock price+115%investment deal+422%decentralized forex+97%etf trading+97%share price+155%etfs+95%forex liquidity+52%sector etfs+92%etf structures+96%
flood stage forecasting-99%hydrologic risk modeling-100%coastal flooding study-97%flood control measures-98%severe weather warning-90%

The pressures the press keeps returning to

Three recurring angles in United States Fintech coverage, and whether each is getting more attention year on year (through 2025).

Regulatory Risk ▲ rising
1,276,365 articles touch this dimension · 49.0% critical tone
20212025
signals: economic slowdown, stock performance, currency intervention policies
Funding Momentum ▲ rising
268,477 articles touch this dimension · 37.5% critical tone
20212025
signals: inflation reports fx, currency intervention policies, trade deficits fx
Growth ▲ rising
402,987 articles touch this dimension · 43.1% critical tone
20212025
signals: gdp growth forex, inflation reports fx, trade deficits fx

Fintech jobs in Boston: who is hiring and what they ask for

Aggregates 958 job postings from 50 employers over 12 months, showing a median advertised salary of $80 k and top‑required skills like Rust and Kubernetes.

958postings · last 12 months
1,571postings tracked overall
50employers advertising
$80kmedian advertised salary/yr (n=146)

Demand

The Skills Employers Ask For

What Fintech employers in Boston put in their job ads. The bar is how many postings ask for it; the arrow shows whether demand grew or shrank against the year before.

  • rust57
  • postgres45
  • microsoft office42
  • computers41
  • kubernetes38
  • golang36
  • python33
  • typescript31
  • react29
  • salesforce25
What level are these roles?
Entry3
Intern3
Senior84
Lead37
Manager193
What they pay, by level
  • Manager$90k/yr (n=34)
Most advertised titles
  • Insurance Agent162
  • Insurance Agent (Base Salary + Uncapped Commissions)97
  • Sales Representative, Inbound Remote28
  • Insurance Sales Associate26
  • Ft Collections Specialist - Work From Home17
  • Product Manager17

What the research says

The Fintech research read is national: 907 United States-affiliated papers, clustered into themes such as Mobile Payments Adoption Barriers, Financial Crime Detection Challenges, Algorithmic Trading Liquidity Risks, Mobile Money Inclusion Pitfalls. It is measured at country level, so it is the same signal for every city in United States — the full read, with the theme clusters, growth and blind spots, lives on the national page.

Read the full Fintech research analysis for United States →

Prism

Go deeper on Fintech research and innovation

Research themes, patent activity and the companies commercialising them, in one place.

Keep going

Track Fintech in Boston beyond this page

Radar finds and filters the companies. Prism watches what is being said about them.

About this data: built from Fliar's company, founder, funding, hiring, jobs, news and research trackers, covering Boston. Counts are of companies we track, not of every company that exists. Updated August 2026.
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