FinTech startups in Malta
There are 353 FinTech startups in Malta which include Binance, PaySend, Deriv, Socios, EXANTE. Out of these, 35 startups are funded, with 11 having secured Series A+ funding, and 1 achieving unicorn status.
Over the past 10 years, an average of 22 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Pennsylvania, Bocconi University and University of Cambridge.
Here is the list of top FinTech startups in Malta
1. Binance
Online exchange platform for cryptocurrency. It allows users to buy, sell, and trade digital assets through multi-lingual solutions. It offers APIs, web-based, and app-based devices to access trading platforms for investing in cryptocurrencies. It also, features news articles, blogs, and discussion forums to assist new users.
Key facts about Binance
- Founded Year: 2017
- Location: Ta Xbiex (Malta)
- Stage: Series C
- Total Funding till date: $2.02B
- Investors: Sequoia Capital, Fancheng Holdings and 42 Others
- Latest Funding Round: Series C, Mar 12, 2025, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 150 Competitors
2. PaySend
Digital wallet for cross-border money transfers. It allows users to send, receive, and make payments overseas. Features tools for tracking transfers, bank security, and supporting money transfers. Application is made available on Android, iOS, and AppGallery platforms.
Key facts about PaySend
- Founded Year: 2015
- Location: Valletta (Malta)
- Stage: Series B
- Total Funding till date: $227M
- Investors: Mastercard, One Peak and 10 Others
- Latest Funding Round: Series B, Nov 29, 2023, $*****
- Tracxn Score: 73/100 What is this?
- Competitors Rank: 4 of 664 Competitors
3. Deriv
Deriv is a trading platform for forex, commodities, stock, and indices. It features Deriv MT5 trading platform, trading bots, DTrader, and Smart Trader to assist in trading multiple assets. Offers tools and algorithms to assist users in building strategies, performance tracking, and portfolio management.
Key facts about Deriv
- Founded Year: 1999
- Location: Birkirkara (Malta)
- Stage: Unfunded
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 10 of 6,498 Competitors
4. Socios
Online social fan engagement platform for multiple sports. The platform enables users to leverage fan tokens to vote on team decisions. It also provides users with team-specific and platform-wide rewards. The mobile application is available for Android and iOS devices.
Key facts about Socios
- Founded Year: 1997
- Location: Sliema (Malta)
- Stage: Funding Raised
- Latest Funding Round: ICO, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 1 of 4 Competitors
5. EXANTE
EXANTE is a trading platform that enables the user to buy or sell stocks, forex, and commodities. The user can trade more than 50 financial markets on the platform. The platform can be used by individuals and corporates o web and mobile app. The features of the platform include more than 45k instruments, modular structure, option board, multi-account trading, and charting tools etc.
Key facts about EXANTE
- Founded Year: 2011
- Location: Saint Julian (Malta)
- Stage: Unfunded
- Tracxn Score: 53/100 What is this?
- Competitors Rank: 1 of 2 Competitors
