CB Insights – The Global Fintech Report Q2 2017 on deals and investor activity.
- Investment dollars to VC-backed fintech companies in 2017 are on pace to rise 19% from 2016, at the current run rate. Global fintech deal activity could surpass 2016’s all-time high if the rest of the year sustains H1’17’s deal pace.
- Q2’17 saw five new fintech unicorns Clover, Symphony, Robinhood, AvidXchange, and Tuandaiwang. North America leads with 15 fintech unicorns, followed by Asia with 7, and Europe with 4.
- In Q2’17, US VC-backed fintech companies raised twelve rounds of financing worth $50M+. Six of these companies, AvidXchange, Bright Health, Addepar, Clover, Robinhood, and R3 raised $100M+ each.