Report: Global Fintech Sector Boom Continues
Published in
2 min readApr 28, 2017
CB Insights just published its Q1 Global Fintech Report, which paints a picture of a healthy industry on a growth path.
The report covers a wide variety of subsectors that come under the “Fintech” umbrella, including:
- Lending tech
- Payments/billing tech
- Personal finance/wealth management
- Money transfer/remittance
- Blockchain/bitcoin
- Institutional/capital markets tech
- Equity crowdfunding
- Insurance tech
Some of the report highlights include:
22 fintech unicorns globally valued at $77B: The second most highly valued fintech unicorn in the US, SoFi, raised $500M at a $4.5B valuation. China Rapid Finance, valued at $1B, filed for IPO on the last day of Q1'17.
European burst of fintech investment: At the current pace, Europe fintech deal…
