The first quarter of 2021 was a record for the volume of investments in private fintech companies, according to the FT Partners report.
- For 3 months, venture funds and corporations invested $29.1 billion in fintech startups. For comparison: for the whole of 2020, funding amounted to $45.3 billion, for 2017 — $27 billion.
- The quarter also became a record for the number of mega-rounds from $100 million — 77 rounds.
- In the first quarter of 2021, 372 mergers and acquisitions (M&A) of fintech companies were carried out. The number of deals has also broken the record.
- 7 fintech companies have gone public, and even more, have filled for IPOs (including Robinhood and Blend Labs In)
- More than half of investments in fintech (63%) were in the North American market. The second most active region is Europe (22%).
The Global Technologies Private Portfolio currently has 7 fintech companies: Robinhood, Revolut, Klarna, Kraken, Blend, Nerdwallet, and Better Mortgage.
4 of them — Blend, Klarna, Kraken, and Robinhood — are featured in Forbes’ 50 Most Innovative Fintech Companies 2021 rating.