There are 10,000+ FinTech startups around the world, innovating across roughly 18 segments.
The global FinTech industry can be categorized into roughly 18 segments, a number of which have mushroomed into enormous industries of global significance themselves. In total, there are 10,000+ FinTech companies spread across those segments and subsegments, with new ventures launched and discovered on a daily basis.
Lending, Payments & InsurTech are the most funded FinTech segments globally.
Data source: MEDICI Research
In 2017, lending startups around the world scored almost $4 billion in total funding, followed by $3.55 billion gathered by InsurTech startups, $3.24 billion invested in payments, and, of course, $850 million pocketed by startups building blockchain-based solutions.