This article showcases our top picks for the best Minnesota based Fintech (Financial Technology) companies. These startups and companies are taking a variety of approaches to innovating the Fintech (Financial Technology) industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovation
- Innovative ideas
- Innovative route to market
- Innovative product
- Growth
- Exceptional growth
- Exceptional growth strategy
- Management
- Societal impact
Top Minnesota Fintech (Financial Technology) Companies
Data sourced from Crunchbase and SemRush.
Sezzle
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Sezzle is a financial services company that offers a technology-driven, payments. The company is driven by its mission is to financially empowering the next generation.
Sezzle provides a payment platform that facilitates fast, secure, and easy payments between consumers and retailers. The company was founded in 2016 and headquartered in Minnesota, United States..
Branch
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Branch is the only challenger bank that partners with employers to help working Americans grow financially. Employers turn to Branch not only to help them attract and retain hourly workers but also reduce the costs of paper checks and paycards by offering Branch as a free financial wellness benefit and bank alternative.
Employees that sign up with Branch can receive a zero-fee bank account, free instant access to earned wages, and auto-budgeting tools to help them manage their cash flow between paychecks.. .
Total Expert
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Total Expert is a SaaS company that develops enterprise-grade marketing operating system (MOS) built for financial services organizations.
ClickSWITCH
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ClickSWITCH is an automated account holder acquisition technology for financial institutions and FinTechs that simplifies the process of bringing new depositors onboard by quickly, safely, and efficiently switching their direct deposits and recurring payments from their old accounts to new ones. Based in Minneapolis, the company’s industry-leading solution helps clients to increase account holder acquisition and activation rates, engage during onboarding, and cross-sell products to capture full profit potential.
ClickSWITCH delivers solutions to financial institutions and FinTechs of all sizes. ClickSWITCH’s mission is empowering consumer choice while enabling competitive profitable financial institutions..
BanQu
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BanQu is the blockchain Economic Identity technology that enables a secure and immutable platform for creating economic opportunities for people around the world living in extreme poverty. BanQu platform uses a proprietary method to create a mashup of selfie plus iris scan for people with no access to technology or banking.
This Economic Identity then can be augmented by critical pieces of information such as land rights, voter registration, relationship-based credit profiles, and health records, etc. While the uses cases are infinite, BanQu is focused on solutions in the areas of the refugee crisis, food / medical / payroll distribution in conflict zones and increasing revenue streams for social enterprises via diaspora capital participation..
Apruve
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Apruve eliminates the need for suppliers to manage Accounts Receivable by extending payment terms to business buyers on behalf of their suppliers. Suppliers get paid in 24 hrs, buyers get payment terms.
The program is completely automated and sits inside either an ERP or eCommerce framework to handle both online and offline orders. A B2B version of Visa.
Based in Minneapolis, Minnesota, Apruve was launched in 2013.. .
DeFiner
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DeFiner operates as a decentralized finance network for crypto-asset savings, loans, and payments. It is powered by Blockchain technology that serves as a decentralized financial (DeFi) platform enabling users to effortlessly lend, borrow, and earn digital assets within a global network.
DeFiner removes the friction and costs associated with conventional financial services and instead offers maximum flexibility to set one’s own rates and terms. It also removes the need for third parties from its financial ecosystem by using an immutable Blockchain to track all loans and transactions, providing ultimate security for users.
The company was founded in 2018 and is headquartered in Minneapolis, Minnesota.. .
Traive
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Traive is an ag-fintech that unlocks credit to farmers by connecting them to lenders and providing ML-based credit risk assessment and monitoring. Traive brings farmers state-of-the-art technology to offer a novel and fair credit risk assessment, opening the door for affordable funding for their businesses.
For lenders, Traive provides a differentiated analysis applied over alternative farming and individual data, while allowing access to a much larger and diversified portfolio of borrowers.. .
Digiliti Money
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Digiliti Money Group formerly Cachet Financial Solutions, is a technology solutions and services provider to the financial services industry. The Company’s solutions and services enable its clients, such as banks, credit unions, and alternative financial services providers (AFS) to offer their customers remote deposit capture (RDC) and prepaid mobile money technologies and related services.
Digiliti Money’s cloud-based technology platform simplifies the development, deployment, and servicing of consumer and commercial solutions minimizing cost and accelerating speed-to-market and ROI.. .
Nexben
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Nexben is a SaaS, InsuranceTech, and FinTech company that helps companies simplify the process of buying and selling health insurance. It focuses on making health insurance easier for everyone, so businesses can focus on what they do best.
Nexben began out of deep knowledge of the traditional distribution of insurance and financial services products, and a dedication to creating a more effective process. It was founded in 2015 and is based in Minneapolis, Minnesota..
Stratifund
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Stratifund is a web-based educational platform for equity crowdfunding investors and early stage companies. It offers research reports to help investors determine whether or not an equity crowdfunded offer makes sense for them.
The platform combines independent research reports and a proprietary rating system to help individuals make informed investment decisions. Stratifund was launched in 2016 and is based in Minneapolis, Minnesota..
Financial Extensive Planning (FEP)
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vQuest Technologies is developing a budgeting and Financial Planning Tool “Financial Extensive Planning (FEP)” to small business to manage all the financial aspects for the both mobile and web based platform and also t manage other activities like Point of sale, Transaction , Customer information This product is aimed at other businesses which are looking for plug and play finance features. Financial Extensive Planning (FEP) software draws upon the structure of the cloud based infrastructure, Financial Accounting and Reporting Standards (FARS), General Reconciliation and Ledger (GRL) and Uniform Spending and Payment System.
Financial Extensive Planning (FEP) is one stop software for the businesses planning to manage financial on both web and mobile platform , manage the spending for multiple fiscal years, balance the budget amount between multiple fiscal years, create and maintain the budget , submit the receipt for various expenses against the given budget and maintain the payment system. Financial Extensive Planning (FEP) has a library of modules that streamline management financial processes.
Clients can select any combination of modules to address their priorities. Modules can also be added at – any time in the future as they expand their performance improvement programs..
MoneyVerbs, PBC.
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MoneyVerbs helps users practice everything they wish they learned about money in school, from getting out of debt to getting rich. We are taking them on a transformational journey to help get rich and level up, and be secure in their financial lives.
It’s not just a learning platform, it’s a behavioral change platform that helps people create good money habits and improve their financial well being.. .
Revenly
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Revenly is a Collect Tech Platform that simplifies payments and reconciliation. It powers today’s most innovative collection agencies.
It provides a scalable, multi-channel platform so that collection agencies can focus on growing their business and not worry about managing software. It was founded in 2017 and is headquartered in Baxter, Minnesota..
Fundra
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Fundra was created with the idea of building trust with donors through financial transparency and accountability. We’ve pioneered a breakthrough solution that provides donors a dynamic view of their individual impact while giving nonprofits a platform to share their performance with funders.
Our impact management platform is designed to clearly communicate the need and use of funding.. .
Ethos
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Web app to align the causes you are passionate about with the impact you make as a consumer or investor
ProfitSee
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ProfitSee offers an all-in-one financial analysis and forecasting software that helps business owners gain critical financial insights.
MidCountry Bank
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MidCountry Bank is excited about offering you traditional and innovative financial personal and business services. We are well capitalized, which results in our focus on you and your community, delivering exceptional services with effective technology and a friendly team.
MidCountry Bank is a full-service bank with administrative headquarters in Bloomington, MN; a regional presence in Minnesota, Southern Illinois and Nevada; and a national online presence. MidCountry provides high quality, diversified financial services and solutions to customers to meet their personal, business and professional banking needs.
At MidCountry Bank, the values, vision, and mission are embedded in the culture of the organization and team members use them as a guidepost to create a successful future. Expect a quick response from experienced professionals who genuinely care about their customers’ success..

Spave
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Spave offers the first and only all-in-one mobile solution for giving and inspiring social good. It enables consumers to aggregate and view all their bank accounts (from multiple banks), track and analyze spending, save for their future, pay down debt and give to the causes they care about in one single app.
Spave is free to consumers and nonprofits. Its technology is available to be licensed by banks and credit unions to embed and white-label within their existing mobile platform through open APIs.
ID Insight
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Established in 2003 and headquartered in Minneapolis, MN, ID Insight helps financial institutions solve their most difficult fraud and compliance challenges. ID Insight provides next-generation verification, authentication, market research and fraud solutions to financial services companies, credit issuers, retailers and online merchants.
ID Insight combines its massive collection of data with powerful analytics to help companies prevent fraud, reduce costs and capture more business. With a deep knowledge of evolving fraud patterns and a focus on innovation, ID Insight continues to set the standard by delivering solutions that facilitate definitive resolution, ultimately bringing more value to both businesses and consumers..
Flagship Bank Minnesota
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Investing in you. We provide you with a simple, straightforward approach to banking that allows you to spend less time worrying about your finances, and spend more time enjoying what your money can do for you.
Creative entrepreneurs and individuals are the engine of America’s economy. They own businesses, are employed by businesses, and make our lives better.
Everyone needs a bank and we want to build a relationship with you by Investing in you. Why Flagship? Thinkers and makers drive change, create opportunity and build successful businesses.
We specialize in providing financing solutions and depository services to these great people and businesses. Stop in and let’s talk about what you need to make your dreams reality.
We’ve been at this since 1875 and have served clients in several distinct niches — from nonprofit organizations to real estate investors, manufacturers, retail businesses, and professional firms— through a high level of service, trust, and value. Technology We have invested in expert people, systems and industry knowledge that make us a market leader in a field often dominated by very large banks.
Enjoy our omni-channel experience from your phone, tablet or laptop. Moreover, use our remote deposit or mobile deposit services for your business and personal needs.
KG Funding
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KG Funding is a provider of total financing solutions for business and private customers.
You may write to us at: Daily Finance Media/Fupping Ltd, First Floor, 61-63 Rochester Pl, London NW1 9JU.