Fintech Landscape Highlights — Q2 2019

Financial Technology Partners came out with their quarterly report on the overall fintech landscape. FTP is one of the only investment banks focused exclusively on the fintech sector, and their quarterly reports are always worth a read. Their most recent reports highlight that fintech funding and M&A activity remain white hot. Some highlights are listed below.

• $10.9 billion in financing volume (largest quarter in history) over 410+ transactions
• $35.6 billion in M&A volume over 230+ deals (second largest quarter ever behind Q1 2019; 2019 is already the largest year ever for fintech M&A)
• Banking and lending tech have the surge in activity with $8.4 billion financed across 272 deals (several later-stage mega rounds by challenger banks and proptech companies)
• 2019 has had three of the top four fintech M&A events ever (FIS’ $43 billion acquisition of Worldpay; Fiserv’s $41 billion acquisition of First Data; Global Payment’s $25 billion acquisition of TSYS
• 52% of total fintech financing done in the US
• Insight Global (11), QED (8), Bessemer Venture Partners (7), and Tiger Global (7) have been the most active fintech investors into new deals so far in 2019