The Fintech 250: The Top Fintech Startups Of 2018

Posted 2021-03-20 dhcn

https://www.cbinsights.com/research/fintech-250-startups-most-promising/

CB Insights unveiled the second annual Fintech 250 — a list of 250 of the top fintech startups applying a mix of software and technology to transform the financial services industry.

The entire Fintech 250 list and report is available here.

(If you don’t have a login to CB Insights, create one here)

The companies were selected by CB Insights’ Intelligence Unit from a pool of nearly 4,000 applicants and nominees based on several factors, including data submitted by the companies, business model and momentum in the market, and the company’s Mosaic Score, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.

THE FINTECH 250 STORY

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VIEW THE STORY

 

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The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns.

 

DOWNLOAD THE 118-PAGE FINTECH TRENDS REPORT

Get a free deep dive into the global fintech trends in 2018, including developments in wealth management, insurance, blockchain, and more.

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The market map below categorizes the Fintech 250 companies based on core area of focus. Categories are not mutually exclusive. Scroll down to see a list of all the companies on the map and their associated categorization.

Please click to enlarge.

 2018 FINTECH 250 INVESTMENT HIGHLIGHTS:

• Unicorns: 30 of the Fintech 250 companies have reached a valuation of $1B or more and are in the unicorn club.
• Funding Trends: Since 2017, these 250 private companies have raised $31.85B across 373 deals.
• Mega-rounds: From 2013 – 2018 YTD (10/16/18) there have been 83 mega-round ($100M+) equity investments to this year’s Fintech 250, with 33 of them in 2018 YTD. This year’s cohort has already seen more mega-rounds in 2018 YTD than 2017’s Fintech 250 list in all of 2017, with 23 mega-rounds investments.
• Outside the US: 44% of the 2018 Fintech 250 are based outside the US. The UK is home to the most Fintech 250 companies outside the US, followed by India.
• Top VC Investor: Ribbit Capital is the top investor in Fintech 250 companies, having backed companies on the list including new 2018 unicorns, Nubank, Revolut, and PolicyBazaar as well as returning Fintech 250 companies Robinhood, Wealthfront, Gusto, Coinbase, Cross River Bank, and Upgrade.
• Top Deal: Ant Financial raised an unprecedented $14B Series C in Q2’18 that included General Atlantic, Warburg Pincus, GIC, Sequoia Capital China, Silver Lake Partners, T. Rowe Price, Temasek Holdings, and Primavera Capital Group, among others.
• Most well-funded: Ant Financial is also the most well-funded company on the Fintech 250 list having raised approximately $19.1B across 4 investments.

SINCE THE 2017 FINTECH 250:

• 2017 vs. 2018 quick stats: 2018’s list has seen more equity investments and venture funding in 2018 than 2017’s list saw last year.
• 2017 Fintech 250: 2017’s Fintech 250 list saw 22 exits, 11 through IPO and 11 through M&A.

• Top Exits through IPO: ZhongAn Insurance IPO in Q3’17 ($11B market cap at end of first day of trading). Payments platform Adyen went public in Q2’18 at an $8.3B market cap and today has a market cap of $20B+.
• Top Acquisition: iZettle was acquired by PayPal in Q2’18 for $2.2B, more than double what the company was seeking to raise in a planned initial public offering.
• All 2017 Fintech 250 companies remain active and in operation, when our own research shows that 67% of funded startups fail or stall.

Click here to access all 250 companies on CB Insights’ platform.

THE 2018 FINTECH 250 CATEGORIES AND MOST WELL-FUNDED STARTUP REPRESENTED

 

Category	Company
Accounting & Finance	AvidXchange
Business Lending & Financing	Kabbage
Capital Markets & Institutional Trading	Dataminr
Core Banking & Infrastructure	Deposit Solutions
Credit Score & Analytics	Credit Karma
Digital Banking	NuBank
Financial Services & Automation	UiPath
General Lending & Marketplaces	Lu.com
Insurance	Oscar Health
Mobile Wallets & Remittances	Ant Financial Services Group
Mortgage Lending	Better Mortgage
Payments Processing & Networks	Stripe
Payroll & Benefits	Gusto
Personal Finance & Savings	NerdWallet
Point-of-Sale & Personal Lending	SoFi
Real Estate Investing	Cadre
Regulatory & Compliance	Signifyd
Retail Investing & Secondary Markets	Robinhood
Wealth Management	Wacai