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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!
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Here are some notable trends from 2018 that we’ll continue to track this year:
- Only 11 VC-backed
fintechswere launched, versus 178 in 2017.
- Although startup activity declined, investment reached an all-time high of $60.2 billion, with VC funding accounting for 67 percent.
- China saw more
fintechinvestment at $ 23B,than any other country, surpassing the US for the first time. Ant Financial’s Q2 mega-round accounted for nearly 60 percent.
- M&A volume was down 10 percent year over year.
- IPO volume was also slightly down, and Adyen’s $1.1B in IPO proceeds—the largest of 2018—represented roughly 30 percent of the total.