Global financial technology investment trends - Q1 2019
Q1’19 VC-backed fintech funding drops but deals remain strong: Deals were up 4% quarter-over-quarter (QOQ) while funding dipped 13%.
Q1’19 sees three new unicorn births (N26, Chime, and Airwallex): there are 41 VC-backed fintech unicorns worth a combined $154.1B.
Europe beats Asia in funding and the US remained the top market for deals: Europe saw funding grow to $1.7B, surpassing Asia which saw $875M in funding in Q1’19
India challenges China for the top Asian fintech market: India was the top Asian market for VC-backed fintech funding in Q1’19 with $286M in funding.
Detailed report: https://www.cbinsights.com/research/report/fintech-trends-q1-2019/