10 Companies Which Innovates Financial Sector


7. Y Combinator

Popularly known as the startup accelerator, Y Combinator attracts new tech ideas and works to turn them into companies through intense mentoring and a growing, powerful network of investors devoted to supporting each other. "I remember thinking that first summer, if we funded all these startups, they’d essentially operate like a distributed peer-to-peer replacement for a corporation," says Cofounder Paul Graham as quoted by fastcompany.com.

8. Kickstarter

This app has soon taken up the position of becoming the default platform for artists, designers, graphic novelists, and filmmakers to fund their passion projects. The online crowd funding platform sees more than $2 million guaranteed every week, and there are more than 1.3 million unique financial sponsors of projects ranging from iPhone accessories to graphic novels. "It’s such a simple, pure idea," says James Swirsley of the Kickstarter-backed documentary Indie Game as quoted by fastcompany.com."You have an idea, you want to make it happen, and you just put it out there."