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Leadboard
2027 edition

Future Ready 50

Future Ready 50 is Innovify's pick of the companies building the infrastructure other businesses will run on next: 25 in FinTech, 15 in eCommerce and 10 at the deep-tech frontier.

One pattern runs through all three lists: AI agents and new payment rails are moving out of pilots and into products. Stablecoin-backed cards, compliance agents, catalogues written for AI shopping assistants, sovereign AI models and fusion power all make the cut.

The 50 span 21 countries, from San Francisco, Berlin and Paris to Bengaluru, Lagos, Riyadh and São Paulo. Each one was selected against our eligibility criteria for stage, traction and technical depth, and each comes with a one-line reason for its place on the list.

Figures come from public funding announcements and company disclosures, in the currency each source reported. Revenue is public for only 8 of the 50 and headcount for 20, so missing figures are marked N/D (not disclosed).

FinTech

25 companies · N/D = not disclosed

B2B infrastructure that lets non-fintechs embed payments, cards, banking and compliance. Stablecoin and crypto rails account for 5 of the 25.

Company info
Rain
Stablecoin card issuing
Lets any platform issue stablecoin-backed Visa cards
HQ
New York, US
Employees
N/D
Total funding
$338m
Latest revenue
N/D (>$3bn annualised volume)
Revenue growth
N/D (volume 38x YoY)
Company info
Sardine
Fraud and compliance AI
Agentic fraud and AML ops for real-time rails
HQ
San Francisco, US
Employees
N/D
Total funding
$145m
Latest revenue
N/D
Revenue growth
ARR +130% (2024)
Company info
Mesh
Crypto payments network
One API linking wallets to merchant checkout
HQ
San Jose, US
Employees
77
Total funding
>$200m
Latest revenue
N/D
Revenue growth
N/D
Company info
Conduit
Stablecoin B2B cross-border
Stablecoin FX settlement embedded by 100+ fintechs
HQ
Boston, US
Employees
57
Total funding
$53m
Latest revenue
N/D (>$10bn annualised volume)
Revenue growth
N/D
Company info
Norm Ai
Agentic compliance (regtech)
Compliance agents used by Blackstone and Vanguard
HQ
New York, US
Employees
N/D
Total funding
>$260m
Latest revenue
N/D
Revenue growth
N/D
Company info
Tabs
AI billing and receivables
B2B billing becomes the first autonomous finance function
HQ
New York, US
Employees
~180
Total funding
~$92m
Latest revenue
N/D
Revenue growth
ARR 5x YoY (2025)
Company info
Swan
Embedded banking
Banking inside non-financial software
HQ
Paris, France
Employees
N/D
Total funding
N/D (>€79m in Series B alone)
Latest revenue
€40m annualised net revenue (Q2 2026)
Revenue growth
+70% YoY
Company info
Payrails
Payments orchestration
Enterprise payment OS ready for agentic checkout
HQ
Berlin, Germany
Employees
100+
Total funding
>$52.8m
Latest revenue
N/D
Revenue growth
N/D
Company info
Taktile
AI decisioning for lending
Lenders replacing rules engines with agentic underwriting
HQ
Berlin, Germany
Employees
N/D
Total funding
$184m
Latest revenue
N/D
Revenue growth
N/D
Company info
Duna
Business identity (KYB)
Reusable KYB as EU AMLA rules tighten in 2027
HQ
Amsterdam, Netherlands
Employees
~39
Total funding
~$47.4m
Latest revenue
N/D
Revenue growth
N/D
Company info
Pliant
B2B card issuing
Embeddable B2B cards for banks and platforms
HQ
Berlin, Germany
Employees
N/D
Total funding
>$100m
Latest revenue
ARR >$100m (Aug 2026)
Revenue growth
N/D
Company info
LemFi
Cross-border remittance
Diaspora platform spanning remittance, credit and wealth
HQ
London, UK
Employees
N/D
Total funding
$85m
Latest revenue
N/D ($1bn monthly volume)
Revenue growth
N/D
Company info
TBX
API transaction banking
Lets Indian corporates embed banking flows
HQ
Mumbai, India
Employees
N/D
Total funding
~$30m
Latest revenue
N/D
Revenue growth
N/D
Company info
Stable Money
Fixed-income wealth
Moves mass-market savers from bank FDs to bonds
HQ
India
Employees
N/D
Total funding
$79m
Latest revenue
$584K operating revenue (FY25)
Revenue growth
N/D
Company info
Scapia
Co-branded travel cards
AI-first card stack riding India's credit-card boom
HQ
Bengaluru, India
Employees
~250
Total funding
$126m
Latest revenue
₹28.7cr operating revenue (FY25)
Revenue growth
+71% YoY (FY25)
Company info
Pomelo
Card issuing and processing
Issuing infrastructure for 150+ LatAm fintechs
HQ
Argentina
Employees
N/D
Total funding
$160m
Latest revenue
N/D
Revenue growth
N/D
Company info
Cobre
B2B real-time payments
Early integrator of Colombia's Bre-B instant rail
HQ
Bogotá, Colombia
Employees
243
Total funding
>$80m
Latest revenue
N/D
Revenue growth
6x since Oct 2023
Company info
Clara
Corporate cards
Spend management for LatAm SMEs on Pix-era rails
HQ
Brazil
Employees
N/D
Total funding
N/D
Latest revenue
N/D
Revenue growth
N/D
Company info
Stitch
Enterprise payments
Full-stack payments in Africa's most advanced market
HQ
Cape Town, South Africa
Employees
N/D
Total funding
$107m
Latest revenue
N/D
Revenue growth
N/D
Company info
Raenest
Cross-border accounts
USD accounts for Africa's remote workforce
HQ
Lagos, Nigeria
Employees
N/D
Total funding
$14.3m
Latest revenue
N/D (profitable)
Revenue growth
N/D
Company info
Tazapay
Cross-border collections
Circle-backed network linking stablecoins to fiat corridors
HQ
Singapore
Employees
N/D
Total funding
~$55m
Latest revenue
N/D
Revenue growth
Doubled 3 years running
Company info
dtcpay
Stablecoin payments
Licensed stablecoin acceptance as Asian rules mature
HQ
Singapore
Employees
28
Total funding
$42m
Latest revenue
N/D
Revenue growth
N/D
Company info
Lean Technologies
Open banking and A2A
First SAMA-licensed open-banking provider
HQ
Riyadh, Saudi Arabia
Employees
N/D
Total funding
>$100m
Latest revenue
N/D
Revenue growth
N/D
Company info
Ziina
SME payments
Payments stack for a cashless Gulf SME market
HQ
Dubai, UAE
Employees
N/D
Total funding
~$30.4m
Latest revenue
N/D
Revenue growth
N/D
Company info
Zeller
SME payments and banking
Takes on big banks in merchant acquiring, now in the UK
HQ
Melbourne, Australia
Employees
200+
Total funding
~A$181m
Latest revenue
N/D
Revenue growth
N/D

Building the next layer of embedded finance?

Innovify builds regulated fintech platforms, from cards and wallets to payment infrastructure, backed by experience with Zilch and Aplazo.
Connect with Innovify Ventures

eCommerce

15 companies · N/D = not disclosed

Weighted towards agentic commerce: 5 of the 15 build AI agents for merchants or make catalogues readable by AI shopping agents.

Company info
ReFiBuy
Agentic catalogue readiness
Makes product data readable by AI shopping agents
HQ
Raleigh, US
Employees
N/D
Total funding
$13.6m
Latest revenue
N/D
Revenue growth
N/D
Company info
Envive
Onsite AI agents for retailers
Retailers' own agents before third-party agents take the customer
HQ
Seattle, US
Employees
~30
Total funding
$20m
Latest revenue
N/D
Revenue growth
5x projected (2025)
Company info
FERMÀT
AI-native storefronts
A storefront per traffic source as AI search splits journeys
HQ
San Francisco, US
Employees
N/D
Total funding
>$62m
Latest revenue
N/D
Revenue growth
ARR 5x+ since Series A
Company info
Highstock
B2B surplus-inventory marketplace
AI-matched liquidation as tariffs create overstock
HQ
New York, US
Employees
N/D
Total funding
$35.5m
Latest revenue
N/D (>$1bn inventory listed)
Revenue growth
N/D
Company info
Swap
Cross-border commerce ops
One OS for tariffs, returns and cross-border selling
HQ
New York, US
Employees
N/D
Total funding
~$149m
Latest revenue
N/D
Revenue growth
N/D
Company info
Complir
AI product compliance
EU product rules and Digital Product Passports tighten
HQ
Copenhagen, Denmark
Employees
N/D
Total funding
~$13m
Latest revenue
N/D
Revenue growth
N/D
Company info
ZyG
Agentic OS for DTC brands
Agents run DTC brands end to end
HQ
Tel Aviv, Israel
Employees
65
Total funding
$118m
Latest revenue
N/D
Revenue growth
N/D
Company info
qeen.ai
AI marketing agents
Arabic-first agents for fast-growing GCC retail
HQ
Dubai, UAE
Employees
25+
Total funding
~$12m
Latest revenue
N/D
Revenue growth
N/D
Company info
GoKwik
Checkout and D2C enablement
Shopper-identity network across 12,000+ merchants
HQ
New Delhi, India
Employees
~400
Total funding
$68m
Latest revenue
ARR >$30m (Mar 2025)
Revenue growth
FY24 revenue 2.5x YoY
Company info
WizCommerce
AI wholesale sales platform
B2B wholesale is the next category to move online
HQ
Bengaluru, India
Employees
N/D
Total funding
$13.5m
Latest revenue
N/D (>$100m GMV)
Revenue growth
N/D
Company info
Vambe
Conversational commerce
WhatsApp selling in LatAm moves to AI agents
HQ
Santiago, Chile
Employees
~170
Total funding
~$18.4m
Latest revenue
ARR >$10m (2026)
Revenue growth
~17% a month
Company info
Cayena
B2B foodservice marketplace
Digitises restaurant procurement across 600 cities
HQ
São Paulo, Brazil
Employees
N/D
Total funding
N/D ($55m Series B)
Latest revenue
N/D (~$200m GMV, 2024)
Revenue growth
GMV ~5x YoY since 2021
Company info
SleekFlow
Social and chat commerce
AI agents for chat-led retail in Asia
HQ
Singapore
Employees
N/D
Total funding
$15m
Latest revenue
N/D
Revenue growth
N/D
Company info
OmniRetail
B2B FMCG marketplace
Digitises 150k+ informal retailers in West Africa
HQ
Lagos, Nigeria
Employees
N/D
Total funding
$38m
Latest revenue
N/D (net profitable 2024)
Revenue growth
N/D
Company info
Taager
Social commerce resellers
Seller network and supply chain across four MENA markets
HQ
Cairo, Egypt
Employees
N/D
Total funding
≥$13.2m
Latest revenue
N/D
Revenue growth
N/D

Is your commerce ready for AI shopping agents?

Innovify builds AI-native commerce experiences, from agent-ready product data to conversational shopping and checkout, powered by agentic engineering expertise.
Connect with Innovify Ventures

Frontier

10 companies · N/D = not disclosed

Fusion, quantum, AI-designed materials and drugs, sovereign AI models, clinical agents and autonomous trucking.

HQ
Munich, Germany
Employees
~200
Total funding
>€650m
Latest revenue
N/D
Revenue growth
N/D
HQ
Cambridge, UK
Employees
N/D
Total funding
$580m
Latest revenue
N/D
Revenue growth
N/D
HQ
Paris, France
Employees
110
Total funding
>$134m
Latest revenue
N/D
Revenue growth
N/D
HQ
Amsterdam, Netherlands
Employees
~40
Total funding
>$100m
Latest revenue
N/D
Revenue growth
N/D
HQ
Tokyo, Japan
Employees
N/D
Total funding
~$379m
Latest revenue
N/D
Revenue growth
N/D
HQ
Bengaluru, India
Employees
458
Total funding
$275m+
Latest revenue
₹29.1cr (FY25)
Revenue growth
+162% YoY (FY25)
HQ
Tel Aviv, Israel
Employees
129
Total funding
>$200m
Latest revenue
N/D
Revenue growth
N/D
HQ
Melbourne, Australia
Employees
N/D
Total funding
$436.6m
Latest revenue
ARR $50m (Apr 2026)
Revenue growth
$1m to $50m ARR in 24 months
HQ
Toronto, Canada
Employees
~250
Total funding
$1.28bn
Latest revenue
N/D
Revenue growth
N/D
HQ
San Francisco, US
Employees
N/D
Total funding
>$600m
Latest revenue
N/D
Revenue growth
N/D
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