Investor Shelf

State of Fintech: Investment & Sector Trends to Watch Q4 2019 (CB Insights)

ReportCB InsightsJanuary 2020102 pages153 min readOriginal source
Key number
$34.5B
Global fintech funding in 2019 p.5
What changed
-15%
Annual global fintech funding YoY change p.5
Largest segment
$18,751.6M
Top continent by 2019 fintech funding p.15

Summary

  • In 2019, global VC-backed fintech funding reached $34.5B across 1,913 deals, a 15% year-over-year decline largely due to 2018 being inflated by Ant Financial's $14B round.p.5
  • Nearly 50% of all 2019 global fintech funding was concentrated in 83 mega-rounds of $100M+ totaling $17.2B.p.5
  • Challenger banks globally raised over $3.7B across 96 deals in 2019, setting annual records for both funding dollars and deal count.p.43

Key insights

  1. Annual early-stage deals dropped to a 5-year low of 59% of global deal share in 2019 as funding shifted toward mid- and late-stage rounds.p.5
  2. US small and medium business (SMB) fintech startups raised over $4B across VC equity rounds in 2019.p.31
  3. Global VC-backed lending funding dropped 54% quarter-over-quarter in Q4'19 to $1,302.3M across 67 deals.p.38
  4. Sustainable funds attracted an estimated $20.6B of inflows in 2019, nearly four times the previous record set in 2014.p.54

Topics and entities

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