5 Best Fintech Startups Investors are Flocking To

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In this article, we discuss the 5 best fintech startups investors are flocking to. If you want to read our detailed analysis of these startups, go directly to the 10 Best Fintech Startups Investors are Flocking To.

5. Next Insurance

Next Insurance is an online insurance company. It is placed fifth on our list of 10 best fintech startups investors are flocking to. The company has raised over $880 million in funding so far, with the latest round in April bringing in close to $250 million. The startup is now valued at close to $4 billion, making it one of the most lucrative fintech firms in the United States. Some of the lead investors in the firm include  FinTLV Ventures and Battery Ventures, among others. 

Ally Financial Inc. (NYSE: ALLY), the Michigan-based bank holding company, also provides digital insurance services. On May 27, investment advisory Deutsche Bank started coverage of Ally Financial Inc. (NYSE: ALLY) stock with a Buy rating and a price target of $65. The company posted more than $6 billion in revenue last year. 

At the end of the first quarter of 2021, 51 hedge funds in the database of Insider Monkey held stakes worth $2.8 billion in Ally Financial Inc. (NYSE: ALLY), down from 57 in the preceding quarter worth $2.5 billion.

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