2023-01-11-dealroom.co-Fintech_2022_report_35页_11mb

Global Fintech Industry in 2022 Experienced a Significant Decline

• Overall venture capital funding for fintech startups dropped by 38% to $79 billion, slightly below pandemic start levels but still nearly double 2020 figures.
• Public fintech companies saw a 50% valuation decrease, while private companies rose by 24%, indicating a divergence in performance.
• B2B-focused fintechs were more resilient, with B2B SaaS declining less than consumer-focused ones; payment and crypto segments remained top-funded despite overall contraction.
• Notable downrounds occurred at companies like Klarna, SumUp, and Checkout, signaling ongoing valuation repricing in private markets.
• Geographically, the US saw a steeper decline (-57% year-to-date), while Europe and other regions like Indonesia showed relative stability or growth.
• Key trends included rising interest in embedded finance, climate fintech, and a slowdown in crypto due to market volatility.
• The IPO landscape remained inactive, but M&A and take-private deals increased, with acquisitions by traditional financial institutions.

Fintech Investment Breakdown by Segment (2022 vs 2021):

• Payments: Down 44% to $18 billion.
• Crypto & DeFi: Down 17% to $17.7 billion.
• Other segments declined significantly, with B2C facing the toughest hit at -47%.

Resilience and Future Outlook:

• B2B SaaS proved more robust than B2C, with factors like generative AI and embedded finance emerging as potential recovery drivers.
• Europe positioned as a stable alternative to the US, with hubs like London and Paris showing slight growth.
• Overall, Fintech remains volatile, with regulatory tech (Regtech) and insurtech facing severe downturns.