September 16, 2020

Cledara Makes ‘Hot Ten’ List of the 2020 FinTech50

Cledara News

Yes, that’s right. It’s not clickbait! We are one of the 2020 FinTech50’s ‘Hot Ten’ fintech startups!

We are very excited to be recognised on the big stage just two years after Cledara was born.

The FinTech50

First drawn up eight years ago, the FinTech50 recognises the hottest European fintech startups out there. The ranking is drawn from more than 2,000 fintech startups across Europe by a panel of banks, venture funds and industry experts and was the first list worldwide to recognise fintech for innovation.

The list, organised by FinTechCity, is viewed worldwide by investors, financial services organisations, global tech giants, influencers and innovators. It represents the companies to watch over the coming years.

Cledara CEO and Co-Founder Cristina Vila, said: “It’s an honour to be recognised on this year’s Fintech50. This reflects all the hard work from the team at Cledara and how far we have come in a very short period of time, as well as the importance of helping businesses better manage the software they use to power their business.”

"It’s an honour to be recognised on this year’s Fintech50. This reflects all the hard work from the team at Cledara and how far we have come in a very short period of time, as well as the importance of helping businesses better manage the software they use to power their business."

Why is Cledara one of the most exciting fintech startups of 2020?

Cloud software, also known as SaaS, now makes up a critical part of so many businesses’ core infrastructure. The move to increased working from home is only adding to the importance of SaaS for business operations.

Soon, all businesses will depend on SaaS. But, as important as SaaS is to business, it presents a significant set of new challenges. IT teams are no longer the gatekeepers for software, sensitive data and software budgets. The consumerisation of business software means that today anyone can bring new software into a business, which makes it hard for businesses to know what they’re spending their money on, why and who has access to sensitive customer data.

Brad van Leeuwen, Cledara COO and Co-Founder, said “Today, the use of SaaS has fragmented businesses' software stack and placed considerable unnecessary cost and risk on businesses and their customers. At Cledara, our mission is to make cloud software easier to manage for businesses around the world so that they can save money, reduce risk and remove the SaaS admin burden placed on finance and HR teams.”

Next steps

Once again, many thanks to the FinTech50. We would also like to give special thanks to all Cledara customers. It’s your input, passion and success stories that drive us every day. We are building something great together that has the potential to generate a tremendous positive impact on businesses all around the world. And today, we just took a step towards that.

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