Global fintech and funding innovation ecosystem
March 21, 2023   FinTech and Alternative Finance, Fintech International, Fintech Services, Fundraising, Investing, Trading, Innovation and Resources, Research, Venture Funding and Building   No comments

Some Exciting Fintech Stats (2023-2025)

Exploding Topics | Josh Howarth | Jan 20, 2023

VC funding by fintech sector - Some Exciting Fintech Stats (2023-2025)

The fintech space is making fast strides across many financial sectors, including consumer and B2B.  Fintech investment and consumer adoption are clearly on the rise. But to what extent? And where is this industry headed?  This list has you covered with a wide range of key, up-to-date financial technology (fintech) statistics.

  • Fintech Industry Size:
    • The fintech industry is worth approximately $180 billion (Deloitte)
    • Global fintech industry revenue has nearly doubled since 2017 (Deloitte)
    • There are currently over 26,000 fintech startups worldwide. This figure has grown dramatically over the past few years (up from only around 12,000 fintech startups in 2019).

See:  KPMG: Canadian Fintech Investment Drops in 2022, Mentality Shift to ‘Sensible’ Growth

  • Investment:
    • Fintech industry investment has increased 3.5x since 2015 (KPMG)
    • In 2012, investment in fintech totaled $4 billion.  By the end of 2021, fintech investment reached $210 billion.
    • Venture capital distributions by sector funding:
      • #1 Capital markets $8.07 billion
      • #2 Payments $6.03 billion
      • #3 Wealth management $5.43 billion
      • #4 Digital lending $3.97 billion
      • #5 SMB $3.36 billion
      • #6 Banking $3.27 billion
      • #7 Real estate $2.42 billion
      • #8 Insurance $2.30 billion
  • Adoption: 90% of Chinese citizens use fintech banking, payment, and financial management solutions (EY)

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NCFA Jan 2018 resize - Some Exciting Fintech Stats (2023-2025)The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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