Finance / Roundups

A startup at The Mill made it onto the Forbes ‘Fintech50’ list

Aztec Exchange, an Irish company with a presence in Delaware, got a shout.

Inside The Mill. (Photo by Pauline Rubin)

Blockchain. Bitcoin. Public ledgers.
What do they all have in common? Fintech.
That’s been a hot issue in Delaware this year. Companies like COAKT started cropping up and so did the First State’s own blockchain meetup, thanks to Gov. Jack Markell’s blockchain initiative. This is why Irish financial company Aztec Exchange set up shop at The Mill.
In fact, they were among the first tenants according to Chief Technology Officer Bhairav Patel. They did not have a previous presence in Delaware, but they met the space’s founder Rob Herrera during the construction phase. “We were really enthused by the concept,” said Patel.
Recently, the company was named as one of Forbes’ Fintech 50, which is a list of fintech startups that are currently leading the industry.
The criteria? “Candidates had to have operations, but not necessarily headquarters, in the U.S. Our list excludes publicly traded companies and their subsidiaries, as well as established financial players that are privately held,” said Forbes magazine.
Aztec Exchange “finances receivables for developing world suppliers based on strength of their U.S. corporate buyers,” according to the list.

Companies: The Mill

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