{"id":79854,"date":"2023-06-07T12:01:11","date_gmt":"2023-06-07T09:01:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=79854"},"modified":"2025-09-11T13:25:12","modified_gmt":"2025-09-11T10:25:12","slug":"stripe-ripple-blockchain-com-and-opensea-make-forbes-top-10-fintech-list","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/stripe-ripple-blockchain-com-and-opensea-make-forbes-top-10-fintech-list\/","title":{"rendered":"Stripe, Ripple, Blockchain.com and OpenSea Make Forbes&#8217; Top-10 Fintech List"},"content":{"rendered":"<p>Forbes <a href=\\\"https:\/\/www.forbes.com\/sites\/emilymason\/2023\/06\/06\/the-10-biggest-fintech-companies-in-america-2023\/\\\">included<\/a> five cryptocurrency projects in the top ten most innovative private fintech companies of 2023.<\/p>\n<p>The industry was represented by the payments infrastructure provider Stripe, the blockchain project <a href=\"https:\/\/forklog.com\/en\/news\/what-are-ripple-and-the-cryptocurrency-xrp\">Ripple<\/a>, the exchange and cryptocurrency wallet operator Blockchain.com, the NFT marketplace <a href=\"https:\/\/forklog.com\/en\/news\/why-opensea-is-the-most-popular-nft-marketplace\">OpenSea<\/a>, and the blockchain infrastructure provider Alchemy. <\/p>\n<p>The ranking is as follows:<\/p>\n<ul class=\"wp-block-list\">\n<li>Stripe ($50 billion);<\/li>\n<li>Chime ($25 billion);<\/li>\n<li>Ripple ($15 billion);<\/li>\n<li>Blockchain.com ($14 billion);<\/li>\n<li>Plaid ($13.4 billion);<\/li>\n<li>OpenSea ($13.3 billion);<\/li>\n<li>Brex ($12.3 billion);<\/li>\n<li>GoodLeap ($12 billion);<\/li>\n<li>Bolt ($11 billion);<\/li>\n<li>Alchemy ($10.2 billion).<\/li>\n<\/ul>\n<p>The leading figure for the current and previous year&#8217;s ranking \u2014 Stripe \u2014 fell by 47%, to $50 billion. The startup Klarna, which had been in second place, slid 85% to $6.7 billion and dropped out of the top 10.<\/p>\n<p>The situation was worse for FTX, which had held third place. On November 11, 2022, the company <a href=\"https:\/\/forklog.com\/en\/news\/ftx-group-files-for-bankruptcy-sam-bankman-fried-resigns-as-ceo\">filed for bankruptcy<\/a> protection under Chapter 11 of the U.S. Bankruptcy Code. The U.S. prosecutors <a href=\"https:\/\/forklog.com\/en\/news\/sam-bankman-fried-accused-of-bribing-a-chinese-official\">indicted<\/a> former CEO Sam Bankman-Fried on 13 criminal counts. He <a href=\"https:\/\/forklog.com\/en\/news\/sam-bankman-fried-refuses-to-plead-guilty-trial-set-for-october\">pleaded not guilty<\/a> to none of the counts.<\/p>\n<p>Forbes noted that the valuations of the startups, excluding Stripe, may not reflect reality, as they are based on the latest funding rounds closed under more favourable market conditions.<\/p>\n<p>As a telling example they pointed to the NFT marketplace <a href=\"https:\/\/forklog.com\/en\/news\/why-opensea-is-the-most-popular-nft-marketplace\">OpenSea<\/a>. In December 2021 it was valued at $13.3 billion. Since then it has ceded leadership in the segment, and its monthly NFT transaction volume plummeted from $4.81 billion to $191 million.<\/p>\n<p>Most of the companies on the list have begun cutting costs, including layoffs. Stripe, Plaid, Brex, Bolt, <a href=\"https:\/\/forklog.com\/en\/news\/blockchain-com-to-cut-a-quarter-of-its-staff\">Blockchain.com<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/nft-marketplace-opensea-to-lay-off-20-of-its-staff\">OpenSea<\/a> and GoodLeap took such steps.<\/p>\n<p>In the first quarter of 2023, the so-called \u201cunicorns\u201d list expanded by only one startup versus 31 a year earlier. Total fintech firms raised $15 billion in this period (of which $6 billion was Stripe). In January\u2013March 2022 the figure reached $28 billion.<\/p>\n<p>In Forbes&#8217; updated \u201c30 Under 30\u201d list, the founders of <a href=\"https:\/\/forklog.com\/en\/news\/what-is-uniswap-uni\">Uniswap<\/a> Hayden Adams and <a href=\"https:\/\/forklog.com\/en\/news\/what-is-avalanche-avax\">Avalanche<\/a> Kevin Sekniqi were included. Almost half of the young financiers recognized in North American finance were connected to cryptocurrencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes included five cryptocurrency projects in the top ten most innovative private fintech companies of 2023.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1229,34,1421,1223],"class_list":["post-79854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-banks-and-fintech","tag-forbes","tag-rating","tag-startups"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/79854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=79854"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/79854\/revisions"}],"predecessor-version":[{"id":79855,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/79854\/revisions\/79855"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=79854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=79854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=79854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}