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Topping the 2018 Fintech 100 ranking

Topping the 2018 Fintech 100 ranking

The 2018 Fintech100 highlights dynamic fintechs from around the world that are transforming the financial services industry.

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Topping the 2018 Fintech 100 ranking

In collaboration with KPMG Fintech and Fintech investment firm, H2 Ventures, the 2018 Fintech100 report (PDF 24.3 MB) features the leading 50 'Established' fintech companies across the globe, as well as the most captivating 50 'Emerging Stars' with exciting, new products and solutions.

The Fintech100 signifies the rampant transformation happening within the financial services industry; an industry that is currently undergoing a widespread shift - with an increase of new players and established ventures building creative, leading-edge product offerings.

Key highlights

  • Chinese fintechs continue to dominate the top of the list, accounting for three of the top five places on the Leading 50 list.
  • Global competition continues to expand, with 36 different countries represented in the full Fintech100, up from 29 in 2017 and 22 countries in 2016. Almost half of the companies on this year's list (41) were founded and continue to operate in emerging markets.
  • The US tops the Fintech100 with 18 fintechs placed, including three of the top 10, followed by the UK with 12 and China with 11. Australia and Singapore place strongly with 7 and 6 fintechs respectively.
  • Payments companies dominate the Fintech100, with 34 in total, followed by 22 in lending, 14 in wealth management and 12 in insurance. “Multi's” (fintechs offering a broad range of financial services to customers) dominated the top of the list, led by Ant Financial.
  • Digital or “neo banks” also increased their representation to 10 with three making their Leading 50 debut.

The top 10 companies in 2018 Fintech100

  1. Ant Financial (China)
  2. JD Finance (China)
  3. Grab (Singapore)
  4. Baidu (Du Xiaoman Financial) (China)
  5. Sofi (US)
  6. Oscar Health (US)
  7. Nubank (Brazil)
  8. Robinhood (US)
  9. Atom Bank (UK)
  10. Lufax (China)

Selecting the Fintech100

The Fintech100 were selected following extensive global research and analysis based on data relating to five factors. Two criteria are related to capital raising reflecting the emphasis that venture capitalist investors place on the ability of firms to innovate in order to generate a long term sustainable competitive advantage.  

  1. Total capital raised
  2. Rate of capital raising
  3. Geographic diversity
  4. Sector diversity
  5. X-factor: degree of product, service and business model innovation (a subjective measure that is applied only with respect to companies appearing on the 50 Emerging Stars list).

View the full Fintech100 list.

 

© 2018 KPMG Bulgaria OOD, a Bulgarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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