Kalshi, founded in 2018 in New York, runs a CFTC-regulated exchange where users trade contracts on the outcome of events, from economic data to sports. In May 2026 it raised a $1 billion Series F at a $22 billion valuation, led by Coatue.
At a glance
| Price from | Free |
| Best for | Traders and institutions hedging on real-world events |
From Kalshi's own website.
What stands out
- Federally regulated in the US
- Fast-growing institutional activity
Worth knowing
- Disputes with some US states over sports contracts
- Event trading carries high risk
How it ranks
Kalshi is ranked 3rd of 10 in Best Fintech Startups (Lister Score 94.4).
#3 in Best Fintech Startups · Lister Score 94.4
Kalshi said its annualized trading volume rose from $52 billion to $178 billion in the six months before its May 2026 round..
| Rank | Best Fintech Startups | Score |
|---|---|---|
| 1 | Revolut | 96.9 |
| 2 | Ramp | 95.7 |
| 3 | Kalshi | 94.4 |
| 4 | Airwallex | 93.2 |
| 5 | Polymarket | 91.9 |
| 6 | Plaid | 90.6 |
| 7 | Bilt Rewards | 89.3 |
| 8 | Mercury | 88.0 |
| 9 | Pennylane | 86.7 |
| 10 | Tide | 85.4 |
Frequently asked questions
How does Kalshi rank on Lister?
Kalshi is ranked 3rd of 10 in Best Fintech Startups (Lister Score 94.4).
Appears in
Add this badge to your site
If you work at Kalshi, paste this code into your website to show where it ranks on Lister. The badge links to the ranking and updates within a day when the rank changes.