3 innovative FinTech companies in Texas

By Edlyn Cardoza

When you think of finance or FinTech, Austin might not be the first city that comes to mind. But the reality is far different from what we can assume. Austin is an emerging center for FinTech, and entrepreneurs are seeking to create new ways to approach this ancient industry.

Dallas and Austin in particular are one of the country’s leading business hubs and naturally also boast the financial industry. This western metropolis, like other US tech capitals, has played a huge role in expanding the country’s FinTech sector.

FinTech companies in and around Texas are taking different approaches to reshaping the financial sector. While one FinTech may be developing a new way to make life insurance more accessible, another is reshaping the world of digital banking.
Here are 4 innovative FinTech companies:

Q2 is a financial experience company dedicated to providing digital banking and lending solutions to banks, credit unions, alternative finance and FinTech companies in the US and internationally. With comprehensive end-to-end solution sets, Q2 enables partners to deliver seamless, secure, data-driven experiences to all account holders – from consumers to small businesses and enterprises. Headquartered in Austin, Texas, Q2 has offices worldwide and trades on the NYSE under the ticker symbol QTWO.

Self (formerly Self Lender) is a venture-backed FinTech startup with a mission to help people build credit and savings. With its step-by-step credit building process, self-builders were able to access their Credit Builder account and Self Visa® credit card without a hard credit inquiry. CEO James Garvey founded Self in 2015 after making a mistake with automatic payments on his credit card. By the time he caught it, his credit score had plummeted. As he searched for a way to rebuild his credit, he saw some of the challenges facing the more than 100 million Americans with low or no credit.

tapNpay is a FinTech company that has developed a new patented payment service that works with mobile operators globally as billing agents. Their product is built for the toll road industry and works in a way similar to other payment systems such as Visa, Mastercard or Paypal. tapNpay has a number of patents that will change how the toll authorities interact with their customers. Their team includes highly experienced toll industry, SaaS and telecom industry direct billing experts and experienced technology and finance partners.

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