Fintech100 2018: Leading Global Fintech Innovators (H2 Ventures)

Summary

• The Top 50 established fintech companies raised over US$26B in the last year alone and more than US$50B in aggregate capital since inception.p.8
• The Emerging 50 companies raised over US$1B in the past year and nearly US$2B since founding.p.8
• Overall capital raised by the Fintech100 list exceeds US$52B, with almost $28B secured in the last 12 months.p.5
• The 2018 list includes 26 companies that raised at least US$100M in the past 12 months, up from 12 in the previous year.p.8
• Payments and transactions remain the largest single sector on the list with 34 companies, followed by lending with 21 companies.p.4
• A total of 12 companies on the list raised capital via Initial Coin Offerings (ICOs), generating $729M.p.9

Key insights

1. The top four companies on the list—Ant Financial, JD Finance, Grab, and Du Xiaoman Financial—each raised over US$1B in the past 12 months.p.8
2. Chinese fintechs continue to show dominance by representing four of the top 10 companies on the 2018 Fintech100 list.p.8
3. Five investment rounds of over $100M were made into UK and European neo-banks during the first half of 2018.p.8
4. Asia Pacific representation grew to 37 companies on the list, including eight firms from Australia and New Zealand.p.9
5. Initial Coin Offerings provided an alternative capital path, with 11 of the 12 ICO-backed companies appearing on the Emerging 50 list.p.9