Investment funding deals for fintech businesses were lower in 2016, according to data from CB Insights; the firm reports that the number of deals remained steady with a 1% decrease to 836 however the total amount funded decreased by 13% to $12.7 billion in 2016; global instability and industry challenges in P2P lending were among the factors contributing to the lower investment. Source
CB Insights has charted a market map of investment and wealth management companies; the market map includes 90 companies in seven main categories with subcategories for client group; for 2016, the firm reports a new high of 74 deals in wealth tech totaling $657 million; Betterment reported the top investment deal in 2016 with a $100 million Series E investment; in 2017 CB Insights reports 17 deals with $130 million in funding and the top investment going to Raisin with a $32 million Series C funding round. Source
Business Insider has put together a list of the 27 fintech unicorns from around the world; data used to determine...
CB Insights provides a list of 189 global unicorns from its private market database; 91 companies are located outside of the US; globally by country, China ranks first in number of private market unicorns with 46; Lufax is the top P2P lender globally by valuation at $18.5 billion. Source
CB Insights held a webinar discussing fintech trends in Europe; top trends included insurtech expansion, blockchain, open banking and the changing financial services infrastructure; reports that European fintech has raised $2.637 billion in 2017 from 300 deals with record financing in the first quarter of $1.1 billion. Source
A new report by CB Insights shows European banks are placing strategic bets across wealth management, lending, payments, regulatory technology and also blockchain. The data was compiled from from 2012 to Q2 2018. Source.
Like many other startups, fintechs face challenges with a slowdown of funding and reduced revenues; these companies are more vulnerable...
Fintech companies raised $2.7 billion from 226 deals in the first quarter of 2017; 22 fintech unicorns in the first quarter with a total value of $77 billion; top funding rounds included Atom and Funding Circle with $100 million each; fintech venture capital funding in Europe increased to $700 million from $200 million in the fourth quarter and is expected to increase from 2016 while the US is expected to report a decrease. Source
CB Insights provides a market map with 102 lending, investing and personal finance startups; gives retail consumers an array of options to choose from; includes companies providing innovative solutions across the entire retail banking market. Source
According to data from CB Insights global venture capital funding into fintech dropped 45 percent from Q4 and 25 percent...