Fintech Landscape of Chicago
426 Fintech companies in Chicago, 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.
Who leads Fintech in Chicago
Shows the top fintech firms in Chicago by size, funding and hiring activity, noting 426 tracked companies, 38 currently hiring and 109 that have disclosed recent funding.
- 01
Tandym10last posted Jun 2026
- 02
Onbe10last posted Jun 2026
- 03
Snapsheet9last posted Jun 2026
- 04
Advyzon7last posted Jun 2026
- 05
CME Group7last posted Apr 2026
- 06
Payroc7last posted Mar 2026
- 07
Origami Risk7last posted Jul 2026
- 08
Akuna Capital6last posted Jun 2026
- 01
Avant$2BConventional Debt · Dec 2022
- 02
Kin$942.4MSeries E · Sep 2025
- 03
Enova$625MConventional Debt · Sep 2018
- 04
Clearcover$457.2MSeries D · Oct 2025
- 05
M1$332.9MSeries E · Jul 2021
- 06
Power$316.1MConventional Debt · Sep 2022
- 07
Aequum Capital$307.5MConventional Debt · Sep 2025
- 08
OppFi$295MConventional Debt · Jun 2022
- 01
- 02
- 03
- 04
Phillip Capital$30.2Msnapshot Dec 2023
- 01
- 02
- 03
- 04
- 05
- 06
- 07
- 08
M1 Finance328tracked employees
- 01
- 02
TransUnion19.8%88 tracked events
- 03
- 04
CCC11.5%51 tracked events
- 05
Amount3.6%16 tracked events
- 06
GeoWealth2.9%13 tracked events
- 07
Qumis2.5%11 tracked events
- 08
K1x2.2%10 tracked events
- 01
- 02
CMG1,548articles in the window
- 03
- 04
Braintree1,202articles in the window
- 05
Boro598articles in the window
- 06
Arturo376articles in the window
- 07
Bitnomial197articles in the window
- 08
See all 426 Fintech companies in Chicago
Filter by funding, headcount, hiring and location, and export the list.
How the Fintech ecosystem in Chicago grew, 2016–2025
Lists the number of fintech startups founded each year, highlighting a peak of 25 new companies in 2017 and only 2 in 2025.
The Fintech market map of Chicago: what these companies actually do
Breaks down the product focus of Chicago fintech firms, with enterprise tech (244) and consumer digital (184) leading, and shows the most common revenue models such as subscription (255) and transaction commissions (234).
- Enterprise Tech244 companies · $3.7B raised · 25 hiring
- Consumer Digital184 companies · $5.5B raised · 17 hiring
- Enterprise Software132 companies · $2.1B raised · 14 hiring
- SaaS68 companies · $437.4M raised · 7 hiring
- Online Trading Platforms52 companies · $120.6M raised · 7 hiring
- Nbfc Lenders46 companies · $3.6B raised · 5 hiring
- Fintech SaaS44 companies · $338.4M raised · 5 hiring
- Business Payments Solutions38 companies · $156.9M raised · 2 hiring
- Blockchain in Financial Services36 companies · $512.7M raised · 2 hiring
- Marketplaces34 companies · $725.6M raised · 4 hiring
- Commerce Enablers26 companies · $119.3M raised · 1 hiring
- Wealth Management Software25 companies · $164.6M raised · 3 hiring
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.
Funding, M&A and the deals moving Fintech in Chicago
Counts 305 corporate events over the past two years, including earnings releases (81), mergers and acquisitions (62) and funding rounds (32).
- M&AAccording to a release, the buyer is Toronto-based Apotex, billed as Canada’s largest pharmaceutical company.2026-04-23
- M&AKraken has acquired Bitnomial, a futures and options exchange website, in a tech M&A deal valued at $550 million.2026-04-22
- FundingK1x, an AI-native tax data platform for private markets, announced it has secured a $175 million growth investment to accelerate the development of its digital infrastructure for tax compliance and reporting.2026-04-17
- M&AAaron Wealth Advisors LLC now owns 1,342 shares of the industrial products company’s stock valued at $540,000 after buying an additional 45 shares during the period.2026-04-10
- FundingBraviant Holdings, a Chicago-based technology-driven consumer lending platform has secured approximately $145m in committed capacity across two new revolving asset-backed credit facilities, alongside the renewal of an existing forward flow arrangement.2026-04-08
- M&ATransUnion (NYSE: TRU) has successfully completed its previously announced acquisition of the mobile division of RealNetworks.2026-04-01
- M&APrescient, which is backed by Bridgepoint, has acquired Dolon, a London-based pricing and market access consultancy for pharma and biotech firms.2026-03-30
- FundingGeoWealth has now raised a total of $117.5M in total equity funding and is backed by Goldman Sachs.2026-03-23
- M&AOppFi, a tech-enabled digital finance platform that partners with banks to offer financial products and services to everyday Americans, announced it has signed a definitive agreement to acquire BNCCORP Inc. and its wholly owned subsidiary, BNC National Bank, in a cash and stock transaction valued at approximately $130 million.2026-03-23
- FundingNEWITY, in turn, received $11 million to be allocated to its crypto credit services, backed by CMT Digital.2026-02-23
Mergers and acquisitions
Deals from the last 24 months where a Fintech company in Chicago was the buyer or the one bought, newest first. “Undisclosed” means the price was never published — not that the deal was worth nothing.
| Acquirer | Target | Deal value | Status | Date |
|---|---|---|---|---|
| $130M | Announced | 2026-04-29 | ||
| undisclosed | Announced | 2026-04-23 | ||
| $550M | Announced | 2026-04-22 | ||
| Payward | $550M | Announced | 2026-04-17 | |
| $540k | Announced | 2026-04-10 | ||
| undisclosed | Completed | 2026-04-01 |
Who is listing, hiring leaders, launching and winning work
Details specific event types like leadership changes, product launches and customer contract wins for the sector.
AIO LogicLydia Taylor · Appointment → executive lead for business developmentApr 2026
CumberlandNIGEL TAYLOR · Departure — was Head of Brand & MarketingNov 2025
- consumer financial protection bureau v transunionBiden‑era lawsuit · DismissedMar 2025
Half of these companies grew revenue faster than +10.8%, half slower.
Who is building Fintech in Chicago
Profiles 266 founders and CEOs across 185 firms, noting frequent alma maters such as the University of Chicago (11) and common prior employers like Amazon (2).
Ex-American Family Insurance, Imbed Biosciences. University of Wisconsin–Oshkosh BS
Ex-MIRS Communications. Ono Academic College LLB 2023
Oppfi, ex-Beach Coast Properties, Tulane University, 2004
Ex-Co-Founder & CEO Seed CX, How App · University of Warwick BA, MIT 2015
Amount, ex-Avant, ex-Enova Financial, Northwestern University, 2003
Revenue Vision Partners, ex-PrimePay, Cerberus Capital Management, Livingston International, Workforce, OAKLEAF Global Holdings…
Geowealth, ex-Frontier Wealth Management, ex-Bk Prostejov, University of Notre Dame, 2007
Ex-Founder TheJMom, BodyShopBids.com. Indiana University Bloomington BA 2002
Co-Founder Glowbar, ex-Bain & Company. Northwestern University
- women29
- men221
Look up the people behind Fintech companies in Chicago
Search founders, executives and operators by company, role and location.
Who funds Fintech in Chicago
Summarizes 280 funding rounds since 2016 from 362 investors, with a typical round size of $5 million.
| Investor · most active investors since 2016 | Rounds | Led | Latest |
|---|---|---|---|
| CMT Digital | 9 | 3 | Feb 2026 |
| QED Investors | 7 | 6 | Sep 2025 |
| Y Combinator | 7 | 2 | Feb 2026 |
| August Capital | 5 | 2 | Feb 2022 |
| J P Morgan | 5 | 2 | Jul 2024 |
| Jump Crypto | 5 | 2 | Dec 2025 |
| Jump Capital | 5 | — | Dec 2021 |
| Alumni Ventures | 5 | — | Dec 2025 |
| Fidelity Investments | 4 | 3 | Jun 2025 |
| Continental Investors | 4 | 2 | Mar 2021 |
The typical round is $5M — half were bigger, half smaller.
The biggest Fintech funding rounds in Chicago
Highlights the largest disclosed financing, including Avant’s $325 million Series E round, and lists ten other large rounds.
| Company | Round | Size | When | Backers |
|---|---|---|---|---|
| Series Emega-round | $325M | Sep 2015 | JPMorgan Chase, August Capital, RRE Ventures +6 more | |
| Series Emega-round | $250M | Dec 2022 | Ares Management | |
| Series D | $225M | Dec 2014 | August Capital, RRE Ventures, KKR +2 more | |
| Series D | $200M | Apr 2021 | Eldridge Industries, American Family Ventures, Cox Enterprises +4 more | |
| Series D | $175M | Oct 2021 | StoicLane, Oaktree Capital Management, MFA Financial | |
| Series E | $150M | Jul 2021 | SoftBank Vision Fund | |
| Series D | $134.5M | Feb 2022 | QED Investors, Commerce Ventures, Flourish +7 more | |
| Series D | $105M | Dec 2021 | Point72 Ventures, Nyca Partners, Bain Capital Ventures | |
| Series D | $104M | Jun 2025 | Interactive Brokers, Morgan Stanley, Apollo Global Management +9 more | |
| Series D | $100M | May 2021 | WestCap, Hanaco Ventures, Invus +2 more |
56 venture rounds with a disclosed amount in the window.
Series B$31MFeb 2026
Series B$11MFeb 2026
What the news says about Fintech in Chicago
Counts 17,025 news articles in the last year, with frequent coverage of cryptocurrency effects on forex, economic indicators and interest‑rate decisions.
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%
- 2,774
- 1,548
- 1,348
- 1,202
- 598
- 376
- 197
- 82
- 70
- 61
42 Fintech companies here were named in the news over this period.
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.
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).
Fintech jobs in Chicago: who is hiring and what they ask for
Reports 1,248 job postings from 65 fintech firms in the past year, noting top skill demands and a median advertised salary of $100 k per year.
Demand
The Skills Employers Ask For
What Fintech employers in Chicago 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.
- excel57▲
- sql46▲
- salesforce30▲
- aws30▲
- microsoft office25▲
- powerpoint25▲
- python21▲
- java19▲
- word19▲
- jira17▲
- Manager$110k/yr (n=62)
- Senior$120k/yr (n=39)
- 14
- 13
- 12
- 12
- 11
- 11
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 Risks. 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.
Go deeper on Fintech research and innovation
Research themes, patent activity and the companies commercialising them, in one place.
Track Fintech in Chicago beyond this page
Radar finds and filters the companies. Prism watches what is being said about them.
Direct contact details for the people on this page are held in Fliar Radar, behind its own access controls.