P2P, e-commerce, InsurTech, and neobanks–2017 is certainly shaping up to be a great year to shake up your smartphone contents with the latest fintech novelties.

Of course, keeping a watch on the best newcomer apps can be a little challenging. That’s why Bank Innovation has put together its annual list of the best newly-arrived fintech apps, from intriguing P2P services, to stock trackers, to insurance.

Bank Innovation’s top 8 fintech apps for 2017 are:

Lemonade:

Insurance is a complicated area–which explains why insurtech startups like Lemonade are on the rise.

Launched in 2016, this startup has managed to distill the process of getting home or renters insurance down to minutes, utilizing artificial intelligence technology to walk the user through a simple process on its mobile app.

Users can also use the mobile app for claims, another area Lemonade has taken care to speed up far past the traditional processing times: its record time for paying a claim, which happens to be the record time for paying a claim, is three seconds.

Come on, that’s impressive. Thus far, the only issue with Lemonade is that it’s available in just two states–it launched in New York in September 2016, and recently began operating in Illinois.

Clarity Money:

If you thought the PFM market was too saturated for anyone new, think again.

This Webby nominee has been making headlines ever since its full rollout in January of this year.

The personal finance management app Clarity Money signed 100,000 customers in less than 4 months, and raised $14.5 million in two rounds of funding.

What’s their secret?
Well, according to CEO Adam Dell, “there’s nothing like it on the market.”

“If you think about it, consumers really don’t have a lot of leverage; what they really crave is a partner helping them through [their finances],” he told Bank Innovation previously.

The app uses AI and machine learning to help users lower bills, get rid of wasteful accounts, and create savings accounts, among other functions.  

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