Analysis

Fintech by the numbers

Incumbents, startups, and investors adapt to fintech evolution

From disruptive threat to enabling partner, fintech has entered a new phase of its evolution. Our insights track the development of the fintech market and examine how banks, insurers, and investment management companies are tackling fintech transformation initiatives.

Deloitte’s fintech interactive tool—newly updated!

Do you follow the fintech movement in financial services? View Deloitte’s fintech interactive tool to stay updated on changes in the fintech market. This interactive tool tracks competitive fintech startup and investment intelligence across banking and capital markets, insurance, investment management, and real estate. Here are some notable trends through Q3 2019 that we’ll continue to track this year:

  • There were 18 venture capital (VC)–backed fintechs launched through the third quarter of 2019, versus 65 in 2018.
  • 1,158 funding events helped 841 fintechs raise $46.6 billion through various rounds of funding.
  • Even with a decline in new startup formations, total year-to-date investment of $46.6 billion is on track to reach or even surpass total 2018 figures.
  • The banking and capital markets (at $29.3 billion) and real estate (at $12.6 billion) industry sector fintechs continue their strong performance and ability to raise funding. These figures together represent 90 percent of total funding received through the third quarter of this year.
  • US-based fintech investments stand at $24.2 billion, more than any other country, accounting for 52 percent of total funding through Q3 2019.
  • IPO volume was down in 2019 vs. 2018 for the same period, and payments fintech Lakala’s $2.8 billion in IPO valuation—the largest of 2019—represented 45 percent of the total.

1 Source: Venture Scanner data; Deloitte Center for Financial Services analysis

 

 

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Watch "Fintech by the numbers" to learn how to use Deloitte's fintech interactive tool.

 

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