4 San Francisco Fintechs In The Digital Banking Race

The Benzinga Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space, are Nov. 10.

In recognition of disruptive innovators creating positive and diverse change within the financial services space, Benzinga is highlighting top San Francisco-based startups changing the fintech landscape.

Chime is a bank challenger that helps users better stay in control over their financial wellness at a low cost. The firm’s core product portfolio consists of direct deposits with Chime Spending, automated saving with Chime Savings, in addition to rewards programs that allow users to save while spending.

Aura is a credit-building solution for working families. The tech-powered Community Development Financial Institution empowers low-income communities via a proprietary scoring algorithm that simplifies the loan-making process.

Ripple provides a frictionless experience for sending money globally via blockchain technology. The firm’s real-time payment system is a holistic infrastructure for global financial institutions to transact without the need for a centralized government.

Varo is a new take on financial wellness. The firm’s focus on transparency, technology, as well as wealth accumulation and management, allows users to make better, less-costly decisions. The firm’s core product portfolio includes credit cards, loans, wire transfers, as well as high-interest and automated savings tools.

Do you think these companies are award-worthy? Nominate them for this year's Benzinga Global Fintech Awards here!