Cbinsights-金融科技状况2023年第三季度报告（英）-2023-191页_4mb

报告摘要

Summary of CB Insights' "State of Fintech" Report (Q3 2023)

Overall Funding and Deal Trends:
Global fintech funding in Q3 2023 totaled $7.4B, a 3% decrease quarter-on-quarter (QoQ) and leveling off after a prolonged decline since 2021. Deal activity fell 18% QoQ to 1,050 deals. The stabilization was supported by $100M+ mega-rounds, which increased 50% QoQ (reaching $2.4B across 14 deals) and accounted for 33% of total funding.
Sector Performance:
- Digital Lending: Saw the largest funding jump at +70% QoQ, driven by mega-deals (e.g., Perfios' $229M Series D).
- Insurtech: Funding and deals increased by 22% and 20% QoQ, with focus on M&A.
- Payments: Experienced a 39% funding drop, with the US leading by volume.
- Wealth Tech and Banking: Both sectors saw funding declines (down 75% and 5%, respectively QoQ) amid cooler markets.
Geographic Analysis:
- US: Dominated funding ($3.5B) and deals but saw minor declines QoQ. Asia emerged as the fastest-growing region with an 82% funding increase, largely due to digital lending. Europe and LatAm showed mixed performance, with US unicorns accounting for 100% of Q3 unicorn births.
- LatAm: Notable for early-stage dominance (84% of deals in 2023 YTD), though funding and deals saw year-to-date declines. Brazil experienced 100% year-on-year growth in Q3, largely attributed to mega-deals.
Unicorn and Exit Activity:
- 3 new fintech unicorns were created in Q3, raising the total to 312; these included BitGo and Micro Connect. North America (US and Canada) leads unicorn count, with Asia's growth outpacing others.
- Exit activity saw a 6% QoQ drop in M&A, while IPOs increased marginally, with the US remaining a key M&A hub.
Methodology Note:
Based on private equity-financings only, verified via regulatory filings, direct confirmations, and credible sources. Excludes public company funding, contingent financing, debt, and non-equity government support. Funding data reflects closed rounds, valuations are post-money, and unicorn definitions are aligned with $1B+ private valuations.