Hypercard Recognized as a Top Fintech Startup by Business Insider

Hypercard Recognized as a Top Fintech Startup by Business Insider

Marc Baghadjian
CEO

We are thrilled to share that Hypercard has been featured in Business Insider’s latest article, highlighting the 49 most promising fintech startups transforming the financial landscape. Business Insider consulted 27 top venture capital investors to identify standout startups reshaping how we bank, invest, and pay. Hypercard was recognized for its innovative approach, combining personal and business credit features with streamlined expense management, backed by key partnerships with industry leaders like Amex and SAP Concur. This acknowledgment underscores the impact Hypercard is making as we continue to revolutionize employee benefits and financial solutions. As featured on Business Insider:

Here are 49 of the most promising fintech startups transforming how we bank, invest, and pay, according to 27 top investors:

  • Business Insider asked 27 venture-capital investors to nominate the most promising fintechs.
  • VCs highlighted startups that haven’t raised beyond a Series C.

They say pressure makes diamonds. VCs are probably hoping the same is true for startups launching and operating in this tough economy.

Fintech funding, measured across average deal size and deal volume, fell from 2023 levels, according to CB Insights’ second-quarter State of Fintech report.

Still, VCs are finding bright spots in the sector. Business Insider asked 27 top investors — including Index Ventures, QED Investors, and Bain Capital Ventures — to name some of those diamonds in the rough. In total, they named 49 red-hot startups that haven’t raised beyond a Series C, including companies within their portfolios and those with which they have no financial ties.

AI fintechs dominated the series this year, using the tech to do everything from helping dealmakers negotiate debt agreements to automating compliance for fintechs and banks, and helping consumers strategize around their debts. Fintechs disrupting the insurance and healthcare industries were also popular. And some VCs are excited about startups using crypto’s behind-the-scenes tech, like stablecoins and blockchain, to streamline money movement.

Hypercard

Cited by: Interplay

Total raised: $15.5 million

What it does: Hypercard is building a hybrid business and personal credit card issued by employers through the American Express network that also streamlines expense management.

Why it’s on the list: “Hypercard is run by a team of young, driven entrepreneurs that have set out to completely change the way employers manage and incentivize their employees. Already, in the very early innings of building this company, the team secured invaluable partnerships with industry leaders such as Amex and SAP Concur to create an industry-leading product,” Mark Peter Davis, a managing partner at Interplay, said.

Marc Baghadjian
CEO