5 Fastest Growing Fintech Companies In 2024

3. Lemonade, Inc. (NYSE:LMND)

5 Year Annualized Revenue Growth: 80.39%

Lemonade, Inc. (NYSE:LMND) is an insurance company that uses artificial intelligence and other technologies in the property and casualty insurance industry. The firm expanded its global portfolio in April 2024 after setting up shop in France through a deal with BNP Paribas.

16 out of the 933 hedge funds profiled by Insider Monkey during last year’s fourth quarter were Lemonade, Inc. (NYSE:LMND)’s shareholders. Israel Englander’s Millennium Management owned the biggest stake which was worth $11.7 million.

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