Global Fintech Report Q1 2019
WHAT I S CB INS IGHTS?
CB Insights is a tech market intelligence
platform that analyzes millions of data
points on venture capital, startups, patents,
partnerships and news mentions to help
you see tomorrow’s opportunities, today.
cb in s igh t s . com
T R U S T E D B Y T H E WO R L D ’ S L E A D I N G C OMPAN I E S
“We use CB Insights to find emerging trends
and interesting companies that might signal a shift in
technology or require us to reallocate resources.”
Beti Cung, Corporate Strategy, Microsoft
June 11 - 13, 2019
New York, NY
Q1’19 Financing Trends
Quarterly Deals & Dollars
Q1’19 Top VC-Backed Fintech Deals
Q1’19 Fintech Sector Trends
Major markets financing trends
Most Active Fintech Investors Q1’18 - 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, narrowly surpassing China. China saw funding fall to $192M, a 89%
drop QOQ. India and China both saw 29 deals.
In Q1’19, Europe beat Asia in funding and the US remained the top market
for deals with 170 investments worth $3.3B: Europe saw funding grow to
$1.7B, surpassing Asia which saw $875M in funding in Q1’19. Asia saw 127
deals, beating out Europe.
Q1’19 saw record M&A deals between payment incumbents, more fintech
mega-rounds to support staying private, and lackluster IPO activity: The
quarter saw 2 record-breaking acquisitions between payment incumbents:
Fiserv acquired First Data for $41B in January and FIS acquired Worldpay
for $43B in March. Q1’19 saw 13 $100M+ financing deals to VC-backed
fintech companies. Q1’19 only had 1 unicorn IPO with Tiger Brokers.
Note: This report focuses on equity rounds to VC-backed fintech companies. This report does not cover
companies funded solely by angels, private equity firms, or any de