Fabanews: 2018 was a stellar year for fintech with over 1,700 deals worth nearly $40B.
Key highlights from 2018:
- Fintech is growing on global scale with deals outside of core markets (US, UK, and China) accounting for 39% of deals.
- The US remained the top market for deals with 659 investments worth $11.89B funding, both a new annual high.
- There are now 39 VC-backed fintech unicorns worth a combined $147.37B.
This report also focuses on 10 global fintech trends to watch in 2019, including developments in regtech, money transfer, blockchain, and more. Examples of trends this report explores include unbundling, the rise of impact fintech and increased activity in Southeast Asia.
Findings from 2018 suggest that fintech will continue its upward tear. With more areas ripe for fintech disruption, more technologies emerging and more fintech deal hubs materializing across the world, 2019 could be an exciting year.