Fintech 250 Listing from Main Enterprise Analytics Agency Options 32 Unicorns together with Affirm, Coinbase, Robinhood, Amongst Many Different Multinationals | Fintech Zoom

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CB Insights, a personal New York primarily based agency with a enterprise analytics platform and database that provides market intelligence on personal corporations and investor actions, not too long ago printed its Fintech 250 (2020), which is its annual rating of what it considers the “top” personal international Fintech corporations.

As talked about in an replace shared with CI, this yr’s cohort featured 32 Fintech Unicorns or corporations with a valuation of $1 billion or extra. The report reveals that round $50 billion in combination funding has been raised by Fintechs since 2015.

CB Insights claims that it selected the highest 250 corporations from 16,000 Fintech-focused service suppliers and 19 totally different classes​. This yr’s listing consists of Affirm, Klarna (Funds / Shopper Lending) / Robinhood, eToro (Investing) / Coinbase, (Crypto), and different “early-to-late-stage” Fintech startups that at the moment are reshaping how shoppers make purchases, save, make investments, and spend their earnings.

As talked about within the report, 32 (or 13%) of the Fintech corporations chosen are Unicorns.

A few of the key factors highlighted within the report included:

“In 2020 year-to-date (YTD), these 250 private companies have raised $10.3B in equity funding across 120 deals (as of 8/26/20). Since 2019, there have been 87 mega-round ($100M+) equity investments to this year’s Fintech 250, with 35 of them in 2020 YTD.”

The report added that round 46% of the 2020 Fintech 250 are situated exterior the US. After the US, the UK is dwelling to probably the most variety of Fintech 250 corporations (38), adopted by India (20).

The highest enterprise capital investor, in accordance with CB Insights, is Ribbit Capital which is reportedly the “most active” investor within the Fintech 250 corporations for 2020. Since 2018, Ribbit has taken half in 45 totally different offers that concerned this explicit cohort of companies,  which incorporates BharatPe, Hippo, Nubank, Robinhood, and Improve.

As additionally lined in one other report, Seize secured a file $856M Collection I throughout Q1 2020, a spherical that included participation from buyers Mitsubishi UFJ Monetary Group and TIS INTEC Group. Seize is notably the “most well-funded” monetary tech firm on the Fintech 250 listing, having raised round $9.7B via 22 rounds since 2014.

Notably, San Francisco primarily based crypto exchange Coinbase was recognized as among the best digital asset and blockchain companies by CB Insights. As reported in July 2020, Coinbase now claims greater than 35 million clients, as new Fintech gamers enter the digital asset brokerage enterprise.

Six biometrics companies additionally made it to the listing. They embrace Behavox, BiCatch, HYPR, Onfido, Socure, and Trulioo. Lendio, the most important market within the US for small enterprise loans, additionally made the CB Insights Fintech 250 listing.

Anand Sanwal, CEO at CB Insights, said:

“We’re proud to, once again, recognize the 250 best private Fintech companies globally. This year’s Fintech 250 represents 25 countries and spans 19 categories—reimagining everything from retail banking and crypto, to insurance and asset management. The previous Fintech 250 class raised more than $22 billion in investor financing and saw more than 20 exits after being recognized, and we expect this year’s class will have similar success as they continue to transform how people and businesses spend, save, borrow and invest their money.”