Data insights from the Top 250 Fintech ventures in 2020 according to CB Insights
According to CB Insights, in 2020, the Fintech 250 cohort has raised approximately $49.2B in aggregate funding across 900 deals since 2015. The Fintech 250 includes Startups at different investment stages of development, from early-stage companies to well-funded Unicorns. The following chart presents the distribution of the top 250 Fintech ventures around the world.
Top 250 Fintech Distribution by Percentage
About 54% came from the United States of America, 15% from the United Kingdom, and 8% from India. About 3% of Fintech Ventures each came from France, Canada, and German. About 2% came from Brazil and 2% from Sweden. Other countries include China, Singapore, Australia, Indonesia, Nigeria, Argentina, Belgium, Greece, Ireland, Israel, Italy, Japan, Malta, Mexico, Netherlands, South Africa, and Vietnam; each has less than 2%.
Expert Advice: The United States of America has novel information in building heath and potential ventures. Fintech ventures from other countries like Tanzania, Nigeria, South Africa, and others have to seek novel information through partnerships and collaboration with Fintech ventures from the United States of America and the United Kingdom. This might be the best way to influence more health and potential Fintech ventures around the world.
The Top 250 Fintech Ventures by Continent
About 59% of 2020, Fintech 250 ventures came from North America, 24% from Europe, 12% from Asia, 3% from South America, 1% from Africa, and 1% from Australia.
Expert Advice: Based on the total population and market size of Asia, South America, and Africa continents, more investments are needed to build health and potential Fintech ventures.