Global Fintech Report

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CBInsights recently published its Global Fintech Report for the third quarter of 2019. For 2019, global fintech funding totaled $24.6 billion through the third quarter of 2019, which is still a decline from 2018. Global venture-backed fintech deals rebounded during the quarter in the United States but remain at a three-year low. Globally there are 58 fintech unicorns that are in aggregate valued at $213.5 billion. Of these, 33 are in the United States. Asia fintech venture-backed equity funding totaled $1.8 billion across 152 deals in third quarter 2019. North America fintech venture-backed equity funding totaled $4.3 billion across 182 deals. There were 10 mega-round investments completed in the third quarter 2019 for a total of $1.9 billion. There were two companies that became unicorns during the quarter, an insurer, Hippo, and a working capital lender, C2FO. Europe fintech venture-backed equity funding totaled $1.7 billion across 90 deals.

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