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We’ve previously highlighted that financial technology funding is on pace to have a record year in 2018. When we take a closer look at the categories that make up fintech, we notice that the Consumer Lending category leads in both Q3 and overall funding.
We’ve previously highlighted that financial technology funding is on pace to have a record year in 2018. When we take a closer look at the categories that make up fintech, we notice that the Consumer Lending category leads in both Q3 and overall funding.
Here is our Q2 2018 summary report on the financial technology startup sector. The following report includes a sector overview and recent activity.
Last quarter we determined that fintech funding is maturing. This quarter we are taking a closer look on our fintech research platform to examine funding by category. From this analysis, we conclude that payments-related categories are outperforming all other categories by a wide margin.
Last quarter we determined that fintech funding is maturing. This quarter we are taking a closer look on our fintech research platform to examine funding by category. From this analysis, we conclude that payments-related categories are outperforming all other categories by a wide margin.
At this time, we are tracking 1,425 FinTech companies across 19 categories, with a combined funding amount of $30.37B. These are relatively new companies that either serve existing pieces of the financial system or develop alternatives to those pieces. It includes B2B and B2C companies.
Today we would like to introduce an infographic that breaks down our Financial Technology sector in order of median age. Banking Infrastructure currently has the highest median at 8 years while Crowdfunding has the lowest median at 3 years. Each category in our Financial Technology scan was created by our dedicated team of analysts who specialize in helping you understand the complex startup ecosystem. Additionally, every company included in the scan is handpicked by our team.
The following infographic gives a glance at some of the FinTech categories and the companies within them–including Lending, Payments, Personal Finance, Consumer Banking, and Equity Financing. We are currently tracking over 1153 companies in 18 categories across 57 countries, with a total of $19.8 Billion in funding. To see the full list of 1153 FinTech companies, contact us using the form on www.venturescanner.com.
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