CB Insights has named LeaseAccelerator to its third annual Fintech 250 list, a group of private companies working on groundbreaking financial technology.

“We’re proud to recognize the best private fintech companies globally. This year’s Fintech 250 represents 25 countries across 19 categories – reimagining everything from retail banking and crypto, to insurance and asset management,” said CB Insights CEO Anand Sanwal. “The previous Fintech 250 class raised more than $22 billion in investor financing and saw more than 20 exits, and we expect this year’s class will have similar success as they continue to transform how people and businesses spend, save, borrow, and invest their money.”

“We’re passionate about helping organizations unlock the potential of their leasing programs. Although leasing is complex with multiple standards and a rapidly changing economic backdrop, our Lease Lifecycle Automation platform delivers sustainable compliance, new free cash flow, and quantitative ROI for our customers,” said Michael Keeler, CEO of LeaseAccelerator. “We are thrilled that CB Insights recognized us in this year’s Fintech 250 group.”

Through an evidence-based approach, the CB Insights Intelligence Unit selected the Fintech 250 from a pool of 16,000 companies based on several factors. These factors include patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the growth potential of private companies to help predict a company’s momentum.