毕马威-2019年金融科技100强（英文）-2019.11-112页_7mb

2019 Fintech100 Report Summary

Core Content

The Fintech100 report, a collaborative effort between H2 Ventures and KPMG, highlights the leading fintech innovators globally. The report includes two sublists: the Top 50 established fintech firms and the Emerging 50 newer companies. The 2019 list features companies from 29 countries, with a strong presence in the Asia Pacific region, the UK and EMEA, and the Americas.

Main Points

• Fintech100 Composition:

  • 42 companies from Asia Pacific (including Australia and New Zealand)
  • 36 companies from the UK and EMEA (Europe, the Middle East, and Africa)
  • 22 companies from the Americas (North and South America)

• Capital Raised:

  • Fintech100 companies raised over $70B in venture capital in their lifetimes
  • Over $18B in the past 12 months, a 35% increase from the previous year

• Top 10 Companies:

  • China maintains a strong presence with 3 companies in the Top 10
  • India rises as a fintech force with 2 companies in the Top 10 and 8 overall
  • The Top 10 includes:
    1. Ant Financial (China)
    2. Grab (Singapore)
    3. JD Digits (China)
    4. GoJek (Indonesia)
    5. Paytm (India)
    6. Du Xiaoman Financial (China)
    7. Compass (United States)
    8. Ola (India)
    9. Opendoor (United States)
    10. OakNorth (United Kingdom)

• Sectoral Breakdown:

  • 27 Payments & Transactions
  • 19 Wealth & Brokerage
  • 17 Insurance
  • 15 Lending & Credit
  • 9 Neo-Banks
  • 13 Multi-sector companies

• Key Trends:

  • Payments and lending companies have seen a decline in numbers
  • Wealth, insurance, and multi-sector companies have gained prominence
  • Open banking is reshaping the financial services landscape, enhancing customer control and personalization
  • Fintechs are increasingly globalizing, expanding across multiple jurisdictions
  • Traditional financial institutions and tech giants are becoming fintech innovators

Key Highlights

1. Capital and Innovation:

   • The flow of capital continues to fuel innovation in the financial services industry
   • The Top 10 companies raised an average of $1.25B in the past 12 months

2. China and India's Dominance:

   • China remains a dominant force in the fintech industry
   • India is emerging as a significant player, with 8 companies on the list and 2 in the Top 10

3. Fintech Normalization:

   • Fintech is becoming more mainstream, with traditional banks and tech giants entering the space

4. Open Banking:

   • Open banking is driving competition and innovation, allowing fintechs to access customer data and offer personalized services

5. Global Expansion:

   • Fintechs are expanding globally, with examples such as Grab, Ola, and OakNorth targeting new markets

6. Monoline to Mainstream:

   • Early fintech innovators are diversifying their offerings to meet broader customer needs

7. Scale and Impact:

   • The scale of companies on the list, serving over 2.5 billion customers, combined with innovation is transforming economies and societies

Conclusion

The 2019 Fintech100 report underscores the significant growth and innovation within the fintech sector. With increased venture capital investment and a shift in focus towards wealth, insurance, and multi-sector companies, the landscape is evolving rapidly. China and India continue to lead in this transformation, with a growing number of fintech firms from these regions making a mark on the global stage. The report also highlights the blurring of traditional industry boundaries and the increasing role of non-financial players in the financial services sector.