While Colorado has a distinctly different vibe from Wall Street, we do have our fair share of fintech companies helping consumers and businesses manage, make and even spend their money. These companies are developing everything from AI-powered wealth management solutions to infrastructure for some of the largest banks in the world. Here are a handful of Colorado fintech players — some new, some old — to keep an eye on.
Colorado Fintech Companies to Know
- Western Union
- Wunder Capital
- Xero
- Moov Financial
- Tilled
- FIS
Headquartered in Boulder, Tifin offers AI-driven wealth management software, helping financial advisors and institutions provide personalized investment experiences. Its platform uses data science to match individuals with specific investment products, philanthropic opportunities, and financial wellness tools.
Homebot is a Denver-based tech company that provides a client retention platform for loan officers and real estate agents. Its software delivers personalized financial dashboards to homeowners, tracking home equity and providing insights on refinancing or trade-in options to help professionals maintain long-term engagement with their clients.
Temenos develops banking software, helping traditional banks modernize their legacy systems. Working with thousands of global customers, its solutions help with processes like account openings and digital payments, with the end goal of becoming more competitive and lucrative to customers who might otherwise bank with fully digital financial institutions. Temenos is headquartered in Geneva, Switzerland but has a large presence in Colorado.
Alviere offers embedded financial solutions to non-financial companies. Its HIBE platform enables brands to offer branded financial products such as checking accounts, debit cards and money transfer services. Alviere is headquartered in Denver but also has a presence in New York and Lisbon.
Infinicept provides businesses with payment operations software. Its solutions help clients embed and manage payments on their individual platforms without needing to develop an entire system from the ground up. Infinicept is headquartered in Denver.
FirstBank is a locally owned Colorado bank that operates a network of over 100 in-state banking centers, as well as locations in Arizona and California. It offers all standard banking services, like personal and business checking and savings accounts, loans and mortgages, as well as fintech services including digital banking. The company is well known as a holistic employer that promotes work life balance and hires from within. For example, its chief information officer started as a counter teller.
To keep companies’ finances in motion, FIS has developed a suite of financial products and services. Companies and institutions can rely on FIS’ payment technology to streamline transactions and deliver satisfying customer experiences. Because FIS supports its platform with a developer community, it continues to develop solutions that keep businesses one step ahead of their competitors.
Tilled enables B2B software companies to monetize the payments that are moving through their systems. With the help of its turnkey platform, companies can be up and running, generating additional revenue within weeks. Tilled enables software companies to access the benefits of payment facilitation without the regulatory compliance or liabilities that often come with it.
Western Union is a global leader in money movements and payments, enabling people, businesses, NGOs, financial institutions and other organizations to send money wherever they need to, including across borders. The company’s omnichannel platform prioritizes speed, reliability, convenience and trust when handling money transfer requests for its customers, featuring options for sending money online, through the Western Union app or in-person and cash pickup or bank transfer options for receiving payments.
Renewable energy is the future, and Wunder Capital is helping lead the way with an online investment and solar project management portal that provides businesses, nonprofits and community solar projects with the financing they need — and giving investors the opportunity to put their money behind initiatives they believe in.
Moov Financial is a fully remote fintech company operating an open-source platform that simplifies embedded payments. Moov makes it easier for developers to apply payment functionality to their products, enabling companies to spend more time on their customers and user experience.
Pinnacol Assurance is a private insurance company that specializes in workers’ compensation cases and holds a mission to keep workers safe and healthy on the job. As the largest workers’ compensation insurance carrier in Colorado, Pinnacol works with over 56,000 companies across industries like healthcare, hospitality and construction.
Recurly offers a subscription management platform. Its platform works on custom marketplaces, as well as ones built with Shopify, and can help subscription-based businesses maximize revenue and navigate the challenges that come with today’s ever-evolving billing needs. Recurly is headquartered in Austin, but operates a location in Broomfield.
Xero is the provider of a cloud-based accounting software for small business. The platform gives companies instant access to their financials, anywhere. Founded in New Zealand in 2006, Xero now has a team of 1,200 across 20 international offices, with its U.S. headquarters based in Denver.
Enova helps small businesses thrive. They work with businesses from all industries — not just tech startups — to offer a wide range of products, from short-term loans to lines of credit up to $100,000. The Denver company has delivered $5 billion in loans to small businesses since it got its start in 2004. Companies can apply online, and their system offers a decision in minutes, with no obligation.
Denver-based Maxwell empowers mortgage professionals by automating their workflow with homebuyers and realtors. The company’s SaaS platform enhances relationships with mortgage lenders and their customers through data integrity, online collaboration and process automation. Since its inception in 2015, Maxwell has closed over $7 billion in loans more efficiently.
SALT Lending allows for holders of blockchain to leverage their assets as collateral for cash loans. The company is the first asset-backed lending platform that gives blockchain currency holders access to cash without having to sell off their cryptocurrency. Started in 2016 in Denver, SALT Lending helps investors leverage blockchain by offering competitive interest rates and the freedom to get cash back at any moment.
Robinhood is a financial and educational tool offering a variety of resources for both budding and established investors, including podcasts, newsletters and an app that lets users invest in stocks, cryptocurrencies and exchange-traded funds. With headquarters in Menlo Park, California, Robinhood is providing easier access to financial information and trading for everyone.
Commerce Sync creates automated accounting software for small businesses. It pulls sales data from point of sale and online storefront systems, then allows consumers to pull reports on all aspects of the company’s accounting. They have more than 10,000 customers, from coffee shops to golf courses. And their software integrates with some of the major players in small business sales, including Square and Quickbooks.
Autopay helps car buyers finance their vehicles and find the most competitive rates through their cultivated marketplace of lenders. Based in Denver, the company streamlines the auto loan process in a trustworthy, affordable way and can help individuals refinance their vehicle loans for a more favorable rate.
