2019 was a tremendous year for financial technology startups as the industry garnered the most attention and the adoption rates went quite high as well. Up from $13billion in 2018, fintech firms recorded $18 billion in capital funding in 2019. Well, back in 2018 capital funding did not portend well in the United States due to the 9% in the total VC funding.

Moving forward,<a href="https://www.forbes.com/sites/jeffkauflin/2020/02/12/the-10-biggest-fintech-companies-in-america-2020/#4d975d351259"> Ripple Blockchain</a> firm comes out as the second most valuable fintech company in the united states in terms of valuation. The international remittances firm is valued at $10 billion just behind Stripe; which is valued at a massive $35 billion. Ripple raised $200 million during its investment round back in 2019. In addition, just behind Ripple, Coinbase comes as the third most valuable fintech firm in<a href="https://www.cryptoknowmics.com/crypto/united-states-congress-role-of-crypto-in-funding-hatred/"> the U.S</a>.
<h2>Ripple and Coinbase Take the Lead</h2>
Ripple is making huge progress every day to champion the remittance space. The blockchain firm, now ranked as the second most valuable fintech company in the U.S; sold $500 million of XRP back in 2019. The firm utilised $50 million of the proceeds to invest in a 10%  Money Gram stake. The firm also used the majority of the $500 million to expand.

In addition, Coinbase is ranked as the third most valuable fintech firm in the United States. The exchange firm created its reputation as a legally compliant and secure exchange firm. Moreover, a new report by CryptoCompare ranks the firm as the most secure of all exchange firms. However, the firm was red-marked due to users complaints. Coinbase is now valued at $8.1 billion. The exchange platform also specializes in both custodial and wallet services.
<h2>Crypto-Related Firms Account for About 33% of Top Ten List</h2>
In conclusion, about 33% of the latest list of the top ten most valuable fintech firms is accounted for by cryptocurrency-related companies. Robinhood ranked as the fourth in the list. The mobile application offers its users commission-free trading of stocks, ETFs, options and digital currencies.

Ripple and Coinbase Among America's Biggest Fintech Firms

2019 was a tremendous year to the success of financial technology startups. Up from $13billion in 2018, fintech firms recorded $18 billion capital....%

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Ripple and Coinbase Among America's Biggest Fintech Firms

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