We requested a number of the high VCs to pitch us on up-and-coming fintechs. Listed below are the 12 they got here up with.

We ask a number of the high enterprise buyers to suggest up-and-coming US-based fintechs with one catch: They could not counsel corporations in their very own portfolios.  We bought a variety of solutions, however one widespread theme was startups that cater to the underserved or unbanked.  Discuss to any enterprise investor lengthy sufficient and it is probably they will finally pitch you on a startup of their portfolio. It is pure for them to need to push corporations they're financially tied to and have already thrown their assist behind.  So when Enterprise Insider reached out to a number of the high enterprise capital corporations to get their suggestions on the most well liked up-and-coming US-based fintechs, there was one one caveat: They could not have invested in them. Greater than a half dozen VC agreed to take part. Their responses included a variety of fintechs, however one constant theme throughout lots of the startups was their concentrate on the underserved and unbanked. Learn extra: These are the 15 European fintechs VCs suppose will blow up in 2019 Fintechs see the chance in utilizing revolutionary expertise to help those that have been largely missed, or taken benefit of, by conventional monetary gamers. Listed below are up-and-coming fintechs VCs really helpful.  Propel Startup: Propel Cited by: Index Ventures Whole raised: $18 million What it does: Propel takes on the $70 billion meals stamp program that touches 45 million Individuals. The cell software permits customers to raised handle their meals stamps and keep inside their budgets when meals procuring. Why it is sizzling:  "Each a superb factor for the world, and an especially fast-growing firm," mentioned Mark Goldberg, a companion at Index Ventures. "Recreation-changer for individuals who want it."     Ribbon Startup: Ribbon Cited by: Sapphire Ventures Whole raised: $225 million What it does: Ribbon tackles the home-buying expertise, giving prospects the power to purchase a home whereas they're nonetheless securing a mortgage or promoting their very own house. The startup, which is headquartered in New York and Charlotte, will reserve the house you need by making an all-cash provide on the home.  Why it is sizzling: "There's a variety of conventional mortgage lenders which are very restricted in what they will and might't do. These lenders are solely doing what Fannie and Freddie will underwrite," mentioned Paul Levin, managing director at Sapphire Ventures. "Any of those different lending or any transactions involving any little bit of non-standardness can actually be problematic, and Ribbon has are available in and mainly created a financing possibility the place one did not exist earlier than."   Nova Credit score Startup: Nova Credit score Cited by: Bain Capital Ventures Whole raised: $20 million What it does: Nova Credit score seems to assist immigrants switch their credit score historical past from their nation of origin. The startup, which originated as a graduate analysis venture at Stanford College in 2015, works with credit score databases world wide to supply lenders entry to pertinent data they want when reviewing a buyer.  Why it is sizzling: "Excellent founding group, using the secular pattern of globalization and leveraging expertise to make the world a smaller and extra truthful place," mentioned Matt Harris, a companion at Bain Capital Ventures.    See the remainder of the story at Enterprise Insider