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    Categories: FintechInsightsStartups

Global FinTech Startup Ecosystem – Setting the Tone for 2018 in the Most Important Charts of 2017

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.

 

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Elena Mesropyan: Elena is a research professional with a background in social sciences and extensive experience in consumer behavior studies and marketing analytics. She is passionate about technologies enabling financial inclusion for underprivileged and vulnerable groups of the population around the world.