Utah's fintech industry is characterized by innovation in digital finance, catering to a wide array of services like payments, lending, and personal finance. Companies span from startups to established institutions, often focusing on technology-driven solutions that enhance user experience and streamline financial operations. The rise of mobile banking, cryptocurrency, and personalized financial tools reflects a shift toward convenience and accessibility. With increasing investment and a growing talent pool, Utah is positioned as a central hub for fintech, attracting attention not just locally, but on a global scale, as many companies set their sights on expansion.

This list features 19 fintech companies located in Utah, ranging in size from smaller firms with under 50 employees to larger entities employing thousands. Established between 1988 and 2023, these companies harbor expertise in areas such as digital banking, payment processing, and lending solutions. Their headquarters span key Utah cities like Salt Lake City and Lehi, highlighting the robust ecosystem that supports financial technology. Each of these companies brings unique offerings to the marketplace, aiming to transform financial experiences for consumers and businesses alike.

Continue reading to explore the top fintech companies in Utah.

Top 19 Fintech Companies Companies in Utah

1. Galileo Financial Technologies

• Website: galileo-ft.com
• Ownership type: Corporate
• Headquarters: Sandy, Utah, United States (USA)
• Employee distribution: United States (USA) 42%, Argentina 24%, Ecuador 16%, Other 18%
• Latest funding: $1.2B, April 2020
• Founded year: 1999
• Headcount: 1001-5000
• LinkedIn: galileo-processing

Galileo Financial Technologies, based in Sandy, Utah, is a financial technology company that specializes in providing a comprehensive platform for digital banking, payment processing, and card issuing services. Founded in 1999, the company has built a robust infrastructure that supports fintech startups and established financial institutions alike, allowing them to enhance their financial offerings. Operating on a Software as a Service (SaaS) model, Galileo offers customizable solutions tailored to meet the specific needs of its clients. With a workforce of approximately 1,600 employees and a presence in multiple countries across North and South America, Galileo manages over 159 million accounts. The company has also attracted significant investment, securing $1.2 billion in funding in April 2020, which underscores its potential for growth and innovation in the financial technology sector.

2. Mx

• Website: mx.com
• Ownership type: Private
• Headquarters: Lehi, Utah, United States (USA)
• Employee distribution: United States (USA) 83%, India 16%
• Founded year: 2010
• Headcount: 501-1000
• LinkedIn: mxenabled

Mx Technologies Inc., based in Lehi, Utah, is a financial technology firm founded in 2010. The company focuses on providing data solutions tailored for financial institutions and fintechs. Mx offers a range of services, including account aggregation, data enhancement, and real-time financial insights. These services are designed to help clients improve customer engagement and make informed decisions. Mx has established connections with over 13,000 financial institutions and fintechs, processing more than 170 billion transactions, averaging over 150 million per day. Their technology enables businesses to deliver personalized financial experiences, enhancing customer satisfaction and loyalty. Mx is committed to safeguarding data through robust security measures, ensuring compliance and trust in their services.

3. Asa

• Website: asa.financial
• Ownership type: Venture Capital
• Headquarters: Provo, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Seed, July 2023
• Founded year: 2019
• Headcount: 11-50
• LinkedIn: asafinancial

Asa, founded in 2019 and based in Provo, Utah, is a fintech company dedicated to bridging the gap between fintechs and financial institutions. The company specializes in creating partnerships that allow fintechs to leverage the banking products and services offered by local institutions without competing directly. Asa provides solutions like the ASA Vault App, which serves as a fintech app store and data controller, ensuring users have control over their data while accessing a variety of financial services. Their real-time data integration capabilities enhance the efficiency and reliability of these partnerships, making it easier for fintechs to go to market at scale. Asa's innovative approach addresses the challenges faced by both fintechs and banks, positioning them as a significant player in the financial technology sector.

4. First Electronic Bank

• Website: firstelectronic.com
• Ownership type: Private
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2000
• Headcount: 51-200
• LinkedIn: first-electronic-bank

First Electronic Bank, established in 2000 and headquartered in Salt Lake City, Utah, is an FDIC-insured, state-chartered industrial bank. The bank specializes in providing a variety of credit products and banking services aimed at individual consumers and small businesses. Their mission centers on enhancing access to credit through innovative and compliant financing solutions. By partnering with technology providers, First Electronic Bank aims to improve customer experiences and deliver effective financial products. They have originated over $6 billion in loans, showcasing their active role in the financial services industry. Their offerings include general purpose credit cards, point-of-need installment loans, and various card sponsorship programs, which cater to a wide range of credit needs from prime to subprime borrowers. The bank emphasizes compliance and consumer protection, ensuring that their financial solutions are both responsible and beneficial to society.

5. CoinZoom

• Website: coinzoom.com
• Ownership type: Private
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Other (Debt), $2.7M, May 2022
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: coinzoomhq

CoinZoom, founded in 2018 and based in Salt Lake City, Utah, is a private fintech company that specializes in cryptocurrency transactions and digital payments. The company offers a range of services designed to facilitate the use of cryptocurrencies in everyday financial activities. This includes a crypto debit card that allows users to spend their digital assets at millions of merchants worldwide, as well as a trading platform for buying and selling various cryptocurrencies. CoinZoom also features ZoomMe, a peer-to-peer money transfer service that enables users to send money internationally without fees. The company has received funding, with its last round amounting to over $2.7 million in May 2022, which reflects ongoing investor interest in their operations. CoinZoom emphasizes security and compliance, holding a SOC 2 certification, which underscores their commitment to protecting customer data and assets. Their innovative approach and focus on user experience make them a notable player in the fintech industry.

6. Lendio

• Website: lendio.com
• Ownership type: Private Equity
• Headquarters: Lehi, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Other (Debt), $24.0M, February 2020
• Founded year: 2011
• Headcount: 201-500
• LinkedIn: lendio

Lendio, founded in 2011 and based in Lehi, Utah, is a financial services company that specializes in providing small business owners with access to a variety of financing solutions. The company operates an online platform that simplifies the loan application process, allowing users to connect with more than 75 lenders through a single application. This streamlined approach not only saves time but also increases the chances of securing funding. Lendio has funded over 400,000 loans, totaling more than $15 billion, demonstrating its significant role in supporting small businesses. In addition to traditional loan offerings, Lendio has developed an embedded lending solution, enabling other platforms to integrate its services directly into their ecosystems. This innovation reflects Lendio's commitment to enhancing the customer experience and expanding access to capital for small businesses. The company has also received $24 million in funding as of February 2020, further solidifying its position in the fintech industry.

7. Serve an American Express Company

• Website: serve.com
• Ownership type: Private
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 50%, Mexico 50%
• Founded year: 2005
• Headcount: 51-200
• LinkedIn: serve-an-american-express-company

Serve an American Express Company, founded in 2005 and based in Salt Lake City, Utah, is a financial services provider specializing in prepaid debit card solutions and money transfer services. The company caters to consumers who prefer accessible financial options, eliminating the need for credit checks or minimum balances. Serve operates primarily through its online platform, offering a range of financial management tools that empower users to manage their finances effectively. With a workforce split between the United States and Mexico, Serve has established a presence that allows it to serve a broad customer base. The company is part of the American Express family, which adds a layer of credibility and trust to its offerings. Serve's focus on flexibility and user-friendly services positions it as a noteworthy player in the fintech industry.

8. Synchrony Bank Credit Card Services

• Website: synchronybank.com
• Ownership type: Private
• Headquarters: Draper, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1988
• Headcount: 10001+
• LinkedIn: synchrony-bank-credit-card-services

Synchrony Bank Credit Card Services, founded in 1988 and based in Draper, Utah, is a financial services provider that specializes in consumer banking products. The bank offers a variety of services, including high-yield savings accounts, money market accounts, and a range of credit cards tailored for both individual consumers and businesses. Synchrony Bank is particularly known for its retail credit card offerings and financing solutions, which cater to a wide array of retail partners. Their CareCredit program provides healthcare financing options, allowing customers to manage medical expenses effectively. The bank emphasizes customer support, especially in times of crisis, by offering fee waivers and increased credit limits to assist those affected by natural disasters. With a strong online presence and a commitment to competitive rates, Synchrony Bank continues to play a significant role in the financial services industry, focusing on both savings and financing needs.

9. Yereq Geo Energy International

• Website: weemengng.yereqgeo.co
• Ownership type: Private
• Headquarters: Orem, Utah, United States (USA)
• Founded year: 2014
• Headcount: 10001+
• LinkedIn: yereq-geo-energy-international

Yereq Geo Energy International, also known as Zsuite Global, is a financial services company based in Orem, Utah. Founded in 2014, the company specializes in a range of offerings that include cryptocurrency solutions, decentralized banking, and e-commerce services. Zsuite Global operates through a digital platform that facilitates transactions and provides educational opportunities in areas such as blockchain technology and arbitrage trading. Their services cater to both consumers and businesses, aiming to enhance financial accessibility and efficiency. The company also emphasizes the integration of AI technology to optimize industry performance and improve user experience. Zsuite Global's initiatives include the development of AI-powered tools and educational courses designed to empower users in navigating the evolving financial landscape. Despite the absence of reported funding, their innovative approach positions them as a notable player in the fintech sector.

10. Qube Money

• Website: qubemoney.com
• Ownership type: Venture Capital
• Headquarters: Pleasant Grove, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Seed, $975,000, January 2022
• Founded year: 2017
• Headcount: 11-50
• LinkedIn: qube-money

Qube Money, founded in 2017 and based in Pleasant Grove, Utah, is a financial technology company that specializes in digital cash envelope budgeting. The company offers a unique app that allows individuals, couples, and families to manage their finances by allocating funds into digital envelopes, a method that has been traditionally used with physical cash. This innovative approach not only simplifies budgeting but also integrates banking services, making financial management more accessible and engaging. Qube Money has received seed funding of $975,000 as of January 2022, reflecting investor confidence in its business model and growth potential. The company aims to empower users to save money and achieve their financial goals through proactive spending methods and financial education resources.

11. Divvy

• Website: getdivvy.com
• Ownership type: Corporate
• Headquarters: Draper, Utah, United States (USA)
• Latest funding: $2.5B, May 2021
• Founded year: 2016
• Headcount: 1001-5000
• LinkedIn: divvypay

Divvy, founded in 2016 and based in Draper, Utah, is a financial services company that specializes in providing solutions for accounts payable, accounts receivable, and spend management. The company primarily serves small and midsize businesses, as well as accounting firms, aiming to enhance financial operations and improve cash flow management. Divvy operates on a Software as a Service (SaaS) model, automating financial processes to reduce manual work and increase efficiency. Their offerings include features such as expense management, virtual cards, and budget controls, which help businesses manage their spending effectively. In May 2021, Divvy secured $2.5 billion in funding, reflecting strong market interest and confidence in their innovative solutions. This funding has likely bolstered their ability to expand their services and enhance their platform, making them a notable player in the fintech industry.

12. Atomic

• Website: atomic.financial
• Ownership type: Venture Capital
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $10.0M, April 2025
• Founded year: 2019
• Headcount: 51-200
• LinkedIn: atomic-fi

Atomic Financial, based in Salt Lake City, Utah, is a financial technology firm that specializes in payroll connectivity and direct deposit solutions. Founded in 2019, Atomic aims to simplify the process of switching direct deposits for consumers and financial institutions alike. Their innovative technologies, including TrueAuth and SmartAuth, provide secure and efficient authentication processes, enhancing the overall user experience. Atomic's services are designed to facilitate seamless connections between payroll systems and financial institutions, allowing users to manage their direct deposits with ease. The company has reached over 17.5 million consumers annually and has established partnerships with more than 200 customers and partners in the financial services sector. In April 2025, Atomic secured $10 million in funding, further solidifying its position in the fintech industry and enabling continued development of its solutions.

13. FinWise Bank

• Website: finwise.bank
• Ownership type: Private
• Headquarters: Murray, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2000
• Headcount: 51-200
• LinkedIn: finwise-bank

FinWise Bank, based in Murray, Utah, is a private community bank founded in 2000. With a workforce of approximately 175 employees, the bank provides a variety of financial services tailored to individuals and small businesses. Their offerings include personal and business banking solutions, such as loans, checking and savings accounts, and fintech enablement services. FinWise Bank emphasizes financial innovation and education, aiming to enhance the financial well-being of its customers. They have positioned themselves as a partner to fintech brands, facilitating streamlined lending processes and supporting initiatives that promote financial access. Their commitment to community engagement is evident through their contributions to local non-profits and efforts to improve financial literacy among their clientele.

14. Green Dot Corporation

• Website: greendot.com
• Ownership type: Private
• Headquarters: Provo, Utah, United States (USA)
• Employee distribution: United States (USA) 79%, China 19%, Other 2%
• Founded year: 1999
• Headcount: 1001-5000
• LinkedIn: green-dot-corporation

Green Dot Corporation, founded in 1999 and based in Provo, Utah, is a financial services company that focuses on mobile banking and debit card solutions. The company provides a variety of products, including the Green Dot Unlimited Cash Back Bank Account and the GO2bank Visa Debit Card. These offerings cater primarily to consumers looking for accessible banking options. Green Dot emphasizes features such as early direct deposit, which allows customers to access their paychecks up to two days early, and cash back rewards on purchases. With a workforce of approximately 1,594 employees, Green Dot has managed over 80 million accounts to date, showcasing its significant impact in the financial services industry. The company operates under several trade names, including GO2bank and GoBank, and is recognized for its commitment to providing secure and user-friendly banking solutions.

15. Kuvera LLC

• Website: igeniusglobal.com
• Ownership type: Private
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 46%, France 10%, Mexico 7%, Other 37%
• Founded year: 2013
• Headcount: 11-50
• LinkedIn: kuveraglobal

Kuvera LLC, known through its platform iGenius, is a financial education provider based in Salt Lake City, Utah. Founded in 2013, the company aims to empower individuals by enhancing their financial literacy and management skills. iGenius offers a variety of educational resources and tools, including market analysis, live education sessions, and comprehensive training for various financial markets. Their product suite includes services like smartFINANCE for financial habits improvement, MONEYpro for debt management, and CRYPTOcore for cryptocurrency education. The company operates on a membership basis, providing access to its educational content and tools. iGenius is a subsidiary of Investview, a publicly traded company that focuses on innovative financial technologies. This affiliation allows iGenius to leverage a broader ecosystem of financial services and tools, although specific funding details for Kuvera LLC are not available.

16. Seis

• Website: seis.com
• Ownership type: Venture Capital
• Headquarters: Lehi, Utah, United States (USA)
• Employee distribution: United States (USA) 85%, Argentina 5%, Bolivia 5%, Other 5%
• Latest funding: Series A, September 2022
• Founded year: 2021
• Headcount: 11-50
• LinkedIn: seis-card

Seis is a banking service company based in Lehi, Utah, founded in 2021. It aims to provide financial solutions tailored for the Hispanic community in the United States. The company offers a range of services, including credit and debit cards, money transfers, and account management, all designed to enhance accessibility for individuals who may lack traditional banking credentials. Operating primarily through a mobile app and online platform, Seis allows users to open accounts using alternative forms of identification, such as passports and ITINs. The company emphasizes customer support, providing assistance 24/7 in Spanish. Seis partners with Thread Bank and Lead Bank, both members of the FDIC, to ensure the security of deposits and transactions. With a growing user base and a clear mission to serve an underserved market, Seis is actively involved in the fintech industry, addressing the unique financial needs of its customers.

17. LoanPro

• Website: loanpro.io
• Ownership type: Venture Capital
• Headquarters: Farmington, Utah, United States (USA)
• Employee distribution: United States (USA) 81%, Mexico 17%, Other 2%
• Latest funding: Series A, $100.0M, July 2021
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: loanpro-software

LoanPro is a financial technology firm based in Farmington, Utah, founded in 2014. The company specializes in providing a modern lending platform that enhances the efficiency of the lending process for financial institutions and businesses. Their API-first architecture allows lenders to quickly deploy a variety of credit products, including installment loans, credit cards, and lines of credit. LoanPro's solutions are designed to improve operational efficiency and ensure compliance with regulatory standards, which is increasingly important in today's lending environment. With a workforce of approximately 231 employees and a significant funding round of $100 million in July 2021, LoanPro has established itself as a notable player in the fintech industry, serving over 600 lenders and managing more than 25 million active loans.

18. Ynab

• Website: ynab.com
• Ownership type: Private
• Headquarters: Lehi, Utah, United States (USA)
• Employee distribution: United States (USA) 80%, Poland 7%, Canada 7%, Other 7%
• Founded year: 2004
• Headcount: 201-500
• LinkedIn: you-need-a-budget

YNAB, short for You Need A Budget, is a private budgeting software company based in Lehi, Utah, founded in 2004. With a workforce of around 183 employees, YNAB specializes in providing tools and resources aimed at personal finance management. The company promotes a distinctive budgeting methodology that encourages users to allocate every dollar they earn to specific expenses, savings, or debt repayment. This approach not only helps individuals and families manage their finances but also enhances their financial literacy. YNAB offers a 34-day free trial, allowing potential customers to experience its features before committing to a subscription. The company also provides educational content through blogs, workshops, and guides, further supporting its users in their financial journeys. YNAB's customer base primarily consists of consumers seeking to improve their budgeting skills and save for significant purchases, such as homes or education. The company operates without reported funding, indicating a self-sustaining business model that relies on subscription revenue.

19. Blossom

• Website: blossom.net
• Ownership type: Private
• Headquarters: Ogden, Utah, United States (USA)
• Employee distribution: United States (USA) 78%, Colombia 22%
• Latest funding: $3.3M, May 2024
• Founded year: 2020
• Headcount: 51-200
• LinkedIn: blossomization

Blossom is a private digital banking solutions provider based in Ogden, Utah, founded in 2020. The company specializes in serving credit unions, offering a suite of products designed to modernize their services and improve member engagement. Blossom's platform includes web and mobile banking solutions, as well as tools for account management and financial services. With a workforce of around 144 employees, the company has established itself as a trusted partner for over 350 credit unions, helping them compete effectively against larger financial institutions. Blossom's recent funding of approximately $3.35 million in May 2024 underscores its growth potential and the confidence investors have in its mission to transform the credit union experience.

Fintech Companies Insights: Key Companies in Utah

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