CB Insights just published its Q1 Global Fintech Report, which paints a picture of a healthy industry on a growth path.

CB Insights Q1 Global Fintech Report paints a picture of a healthy industry on a growth path
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The report covers a wide variety of subsectors that come under the “Fintech” umbrella, including:

• Lending tech

• Payments/billing tech

• Personal finance/wealth management

• Money transfer/remittance

• Blockchain/bitcoin

• Institutional/capital markets tech

• Equity crowdfunding

• Insurance tech

Some of the report highlights include:

22 fintech unicorns globally valued at $77B: The second most highly valued fintech unicorn in the US, SoFi, raised $500M at a $4.5B valuation. China Rapid Finance, valued at $1B, filed for IPO on the last day of Q1’17.

European burst of fintech investment: At the current pace, Europe fintech deal activity is on pace to top 2016’s total by 57%. In Q1’17, two companies (Atom and Funding Circle) raised $100M+ each (compared to no $50M+ financing rounds in 2016).

US fintech is on pace to see deals, dollars drop in 2017: At the current run rate, US fintech deal activity is on pace to fall below 2013 levels.

You can access the full report via CB Insights

Alice Bonasio is a VR Consultant and Tech Trends’ Editor in Chief. She also regularly writes for Fast Company, Ars Technica, Quartz, Wired and others. Connect with her on LinkedIn and follow @alicebonasio and @techtrends_tech on Twitter.

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