Business Club "Atlanty" and Smart Ranking named the top 40 of the largest and fastest growing fintech companies in Russia. The top three companies in terms of revenue were the electronic payment service YooMoney, the online cash register Evotor and the automation service for document flow and payments to freelancers Solar Staff.
According to analysts, the turnover of the 40 largest fintech companies from 2018 to 2020 grew 1.5 times from 32 billion to 48 billion rubles. The following segments became the growth leaders: marketplaces and investment platforms, payments and transaction processing, loyalty systems, business solutions.
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The rating was based on the 2020 revenue data of top 40 fintech companies that showed growth in the period from 2018 to 2020. The rating became part of a project aimed at identifying the fastest-growing small and medium-sized companies in Russia in 2018-2020.
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