Cbinsights-2022年二季度金融科技现状

Fintech

Global|Q22022

Stateof

Globaldataandanalysisondealmaking,

funding,andexitsbyprivatemarket

fintechcompanies

2

StateofFintech

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StateofFintech

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8

StateofFintech

Whatyouneedtoknowabout

fintechinQ2'22

$20.4BFintechfundinginQ2’22.LowestlevelsinceQ4’20.

Fintechfundingfell33%quarter-over-quarter(QoQ)and46%year-over-year(YoY)to$20.4B.Dealsalsofell17%QoQto1,225inQ2’22.BothfundinganddealsdroppedtotheirlowestquarterlylevelsinceQ4’20.Thiscameasinvestorspulledbackonfundingfintechstartupsamidmarketvolatilityandaloomingrecession.

-45%Declineinmega-roundfundingQoQ.

Global$100M+mega-roundfundinghititslowestpointsinceQ4’20inQ2’22,dropping45%QoQto$9.7Bacross55deals.

Fintechmega-roundsalsoaccountedforasmallerpercentageoftotalquarterlydeals(4%)andfunding(47%)thaneachquarterin2021.Thetop3fundingroundswenttoSingapore-basedCodaPaymentsandUS-basedVelocityGlobaland

Circle.

20

Newunicorns.

6-quarterlow.

Whiletheprevious5quarterssaw30+newfintechunicornsglobally,Q2’22fellbelowthatthresholdwith20unicornbirths.LatAm&CaribbeantiedwithEuropefornumberofquarterlyunicornbirths(3)asEuropefundingdeclinedinQ2’22.Thetotalnumberofglobalfintechunicornshit297,up69%YoY.

-30%

DropinM&AdealsQoQ.

FintechM&Aexitsdeclined30%QoQinQ2’22,thelargestquarterlydropinM&Adealsinrecentyears.AllfintechcategoriessawaQoQdeclineinM&Aexits,exceptcapitalmarketsandwealthtech,whichsaw26dealsinQ2’22.ThetopwealthtechM&AdealwasSageViewAdvisoryGroup’s$900MacquisitionofonlinebrokerageCapitalOneInvesting.

-43%DropinUSfintechfundingYoY.

6-quarterlow.

USfintechfundingdropped37%QoQand43%YoYtohit$8.6Bacross462dealsinQ2'22.However,theUSstillaccountedfor42%oftotalQ2’22fundingand38%ofdeals.Threeoutofthetop5USdealswenttoHR&payrolltechstartups:VelocityGlobal,Rippling,andRemote.

9

StateofFintech

Whatyouneedtoknowabout

fintechinQ2'22

-41%

DropinEurope

fundingQoQ.

Europefintechfundingfell41%QoQto$4.7B—thelowestfiguresinceQ4’20.DealsdecreasedslightlyQoQ,from291to286.Europefundingdroppedacrossallfintechsectorsaswell,exceptwealthtech.Notably,fundingtobankingstartupsinEuropedroppedmorethan

50%QoQ.

$1.9B

BankingfundinginQ2'22.LowestfiguresinceQ4'19.

Bankingfundingdroppedforthefourthstraight

quarter,sinkingto$1.9B—a57%dropQoQand77%dropYoY.

ThelasttimequarterlybankingfundingwasthislowwasinQ4'19,whichsaw$1.8Bacross81deals.

-27%

Fewercompanies

fundedbytop

investorsQoQ.

TigerGlobalManagementwasthemostactivefintechinvestorfromQ3’21toQ1’22.However,TigerGlobalrankedsecondtoGlobalFoundersCapitalinQ2'22,investingin22fintechsvs.39inQ1’22.Infact,thetop10investorsinQ2’22collectivelyinvestedin164companies—a27%dropincompanycountfromQ1’22.

188

Wealthtechdeals.OnlysectorwithQoQincrease.

Wealthtechsaw188dealsinQ2’22,up36%

QoQ.WealthtechwastheonlysectortoseeaQoQincreaseindealsinQ2’22.

Wealthtechfunding,ontheotherhand,heldsteadyat$3.5BQoQ.Europesawamassiveincreaseinwealthtechfunding—a57%increaseQoQ.

$55MMedianlate-stagedealsizein

2022YTD.

Whilemedianearly-stagedealsizeandmid-

10

stagedealsizehaveheldsteadyin2022,late-stagemediandealsizedecreased41%from2021tohit$55M.Thiscameamidacontinueddropinmega-rounds.Bothtrendsreflectedthebroaderinvestorpullbackonlargerlate-stagedealsthatresultedfrommarketuncertainty.

11

$30.3B

Q12022

$28.1B

33%

decrease

$13.4B

$13.1B

$13.0B

$20.4B

Q22022

$12.1B

$12.1B

$12.0B

$11.6B

$11.3B

$10.7B

$10.4B

$9.8B

$9.6B

StateofFintech|GlobalTrends|InvestmentTrends

Fintechquarterlyfundingdropsto$20.4B,itslowestlevelsinceQ4’20

$37.6B$34.7B$38.4B

Q1

Q2

2018

Q3

Q4

Q1

Q2

2019

Q3

Q4

Q1

Q2

2020

Q3

Q4

Q1

Q2

2021

Q3

Q4

Q1Q2

2022

12

$25.8B

$21.9B

$17.6B

Q12022

$18.0B

45%

decrease

$7.8B

$7.2B

$6.0B

$5.9B

$5.8B

$5.7B

$5.4B

$5.1B

$5.0B

$4.9B

$4.4B

$9.7B

Q22022

$3.9B

StateofFintech|GlobalTrends|InvestmentTrends

Mega-roundfundingfalls45%QoQto$9.7B,thelowestfiguresinceQ4’20

$26.4B

Q1

Q2

2018

Q3

Q4

Q1

Q2

2019

Q3

Q4

Q1

Q2

2020

Q3

Q4

Q1

Q2

2021

Q3

Q4

Q1Q2

2022

13

48

36

36

44%

QoQ

31

30

20

newunicorns

StateofFintech|GlobalTrends|Unicorns,Valuations,&Multiples

Unicornbirthsfallbelow30forthefirsttimesincetheendof2020

48

13

12

10

9

8

7

5

4

2

12

9

8

Q1

Q2

2018

Q3

Q4

Q1

Q2

2019

Q3

Q4

Q1

Q2

2020

Q3

Q4

Q1

Q2

2021

Q3

Q4

Q1Q2

2022

14

246

237

Q12022

30%decrease

181

StateofFintech|GlobalTrends|Exits

M&Adealsdrop30%QoQ,thebiggestquarterlydropindealsinrecentyears

257

234

M&Adeals

211

184

138

130

102

M&Adeals

Q22022

Q1

Q2

2020

Q3

Q4

Q1

Q2

2021

Q3

Q4

Q1

2022

Q2

$15.2B

Q22021

$15.2B

$13.6B

43%

decreaseYoY

$6.7B

$6.7B

$8.6B

Q22022

$5.8B

$5.6B

$5.4B

$5.2B

$5.2B

$4.8B

$4.5B

$4.4B

$4.4B

$3.0B

$19.3B

StateofFintech|GlobalTrends|InvestmentTrends

USquarterlyfundingdrops43%YoYtoa6-quarterlow

$15.5B

Q1

Q2

2018

Q3

Q4

Q1

Q2

2019

Q3

Q4

Q1

Q2

2020

Q3

Q4

Q1

Q2

2021

Q3

Q4

Q1Q2

2022

15

16

$7.9B

Q12022

41%

decrease

$6.4B

$6.3B

$6.3B

$4.7B

Q22022

$2.9B

$2.6B

$2.6B

$2.5B

$2.4B

$2.4B

$2.2B

$1.8B

$1.5B

$1.4B

$1.3B

$1.2B

StateofFintech|GeographicTrends|EuropeTrends

Europefundingdrops41%QoQto$4.7B,thelowestfiguresinceQ4’20

$9.0B

Q1

Q2

2018

Q3

Q4

Q1

Q2

2019

Q3

Q4

Q1

Q2

2020

Q3

Q4

Q1

Q2

2021

Q3

Q4

Q1Q2

2022

17

$3.6B

$3.2B

$2.7B

$2.5B

$2.4B

$2.3B

$2.3B

$2.3B

$1.8B

StateofFintech|CollectionSpotlights|Banking

Bankingfundingdrops77%YoYtohititslowestlevelsince2019

−77%

SinceQ2’21

$1.9B

$8.4B$6.9B$5.4B$4.4B

Q1

Q2

2019

Q3

Q4

Q1

Q2

2020

Q3

Q4

Q1

Q2

2021

Q3

Q4

Q1Q2

2022

18

StateofFintech|GlobalTrends|Investors

Top10investorsfund27%fewercompaniesinQ2’22

Q12022

Investor

CompanyCount

1

TigerGlobalManagement

39

2

GlobalFoundersCapital

28

3

Gaingels

24

4

CoinbaseVentures

20

5

QEDInvestors

18

6

SoftBankGroup

17

7

Accel

15

7

InsightPartners

15

7

AnimocaBrands

13

10

AndreessenHorowitz

12

10

LightspeedVenturePartners

12

10

SequoiaCapital

12

Total

225

Q22022

Investor

CompanyCount

1

GlobalFoundersCapital

24

2

TigerGlobalManagement

22

3

AndreessenHorowitz

17

4

Gaingels

16

5

CoinbaseVentures

15

6

SomaCapital

13

7

Accel

10

7

IndexVentures

10

7

JumpCrypto

10

10

InsightPartners

9

10

PanteraCapital

9

10

QEDInvestors

9

Total

164

27%

19

70

StateofFintech|CollectionSpotlights|WealthTech

Wealthtechistheonlyfintechsectortoseegrowthindeals,up36%QoQ

Banking

70

CapitalMarketsTech

38

28

DigitalLending

175

135

Q1

Q2

2022

Insurtech

157

131

Q1

Q2

2022

Q1

Q2

2022

Payments

313

236

Q1

Q2

2022

Q1

Q2

2022

WealthTech

188

138

Q1

Q2

2022

36%

increaseindealcountQoQ

20

$40B

$21B

StateofFintech|GlobalTrends|InvestmentTrends

Late-stagemediandealsizehasdecreased41%in2022YTD

$43B

20182019202020212022

YTD

$94M

2021

41%

decrease

$55M

2022YTD

21

Contents

StateofFintech

GlobalTrends

InvestmentTrends

Unicorns,Valuations,&Multiples

ExitTrends

Investors

CollectionSpotlights

Payments

Banking

DigitalLending

WealthTech

Insurtech

CapitalMarketsTech

22

23

51

64

71

80

81

92

103

114

125

136

GeographicTrends

US

Canada

Asia

Europe

LatAm&Caribbean

Africa

147

148

157

165

173

181

189

GlobalTrends

22

InvestmentTrends

23

24

5,414

ProjectedFunding$101.4B

3,662

3,654

3,617

Deals

Funding$50.7B

2,707

$49.4B

$49.1B

$40.5B

5,282

StateofFintech|GlobalTrends|InvestmentTrends

Globalfundingsurpasses2020’stotalinH1’22,hitslessthanhalfof2021’stotal

ProjectedDeals

$138.8B

20182019202020212022

YTD

25

1,287

$37.6B

1,482

1,394

$34.7B

Deals

1,225

1,239

$30.3B

$28.1B

1,036

Funding$20.4B

964

963

937

925

924

889

886

879

868

856

806

$13.4B

$13.1B

$13.0B

$12.1B

$12.1B

$12.0B

$11.6B

$11.3B

$10.7B

$10.4B

$9.8B

$9.6B

1,362

$38.4B

StateofFintech|GlobalTrends|InvestmentTrends

Quarterlyfundinganddealsdroptolowestlevelssince2020

Q1

Q2

2018

Q3

Q4

Q1

Q2

2019

Q3

Q4

Q1

Q2

2020

Q3

Q4

Q1

Q2

2021

Q3

Q4

Q1Q2

2022

Canada

Europe

$4.7B

286Deals

$0.3B

28Deals

US

$8.6B

462Deals

StateofFintech|GlobalTrends|InvestmentTrends

TheUSleadsinfundinganddealsinQ2’22,Asiacomesinsecond

Asia

$5.1B

300Deals

Africa

$0.4B

59Deals

LatAm&

Caribbean

$1.2B

79Deals

Australia

$0.1B

11Deals

26

27

Europe

StateofFintech|GlobalTrends|InvestmentTrends

Fundingdeclinesquarter-over-quarterinmostregions

US

$8.6B

Q1

Q3

2021

Q1

2022

Canada

$0.3B

Q1

Q3

2021

Q1

2022

Asia

$5.1B

Q1

Q3

2021

Q1

2022

Africa

$0.4B

Q1

Q3

2021

Q1

2022

$4.7B

Q1

Q3

2021

Q1

2022

Australia

$0.1B

Q1

Q3

2021

Q1

2022

LatAm&Caribbean

$1.2B

Q1

Q3

2021

Q1

2022

28

22%

27%

40%

Africa,5%

Canada,2%

LatAm&Caribbean,6%

Europe,23%

Asia,24%

US,38%

StateofFintech|GlobalTrends|InvestmentTrends

TheUScontinuestoleadregionaldealshare

Australia,1%

5%6%6%5%5%7%5%6%7%7%7%

20%

20%

24%25%23%25%24%23%20%22%

31%

26%25%24%25%

36%37%39%36%37%38%38%38%38%

30%26%26%

39%38%38%

27%24%

35%

34%

31%

39%

36%

27%

23%

24%

24%

28%

20%

26%

27%

26%

22%

28%

Q1

Q2Q3

2018

Q4

Q1

Q2Q3

2019

Q4

Q1

Q2Q3

2020

Q4

Q1

Q2Q3

2021

Q4

Q1Q2

2022

29

9%

8%

10%

7%

10%

20%

31%

PrivateEquity,4%

Incubator/Accelerator,5%

CVC,8%

Corp,10%

Asset/InvestmentManagement,11%

Angel,15%

Other,18%

VC,29%

StateofFintech|GlobalTrends|InvestmentTrends

AngeldealsharereachesanewhighinQ2’22

6%

8%

10%

7%

10%

10%

10%

10%

12%

12%

11%

13%

20%

20%

15%

15%

31%31%31%29%31%31%32%29%32%31%31%30%30%29%29%27%

5%

7%

10%

9%

8%

9%

6%

7%

9%

11%

7%

10%

5%

7%

8%

10%

8%

9%

5%

9%

8%

9%

10%

9%

10%

8%

11%

5%

9%

8%

10%

7%

7%

10%

8%

8%

8%

9%

9%

5%

10%

10%

11%

7%

8%

10%

7%

9%

5%

7%

11%

7%

10%

5%

11%

5%

6%

8%

20%

22%

20%

22%

20%

20%

12%

13%

13%

13%

17%

13%

16%

10%

11%

10%

10%

11%

19%

17%

11%

18%

19%

7%

9%

9%

9%

9%

6%

6%

Q1

Q2Q3

2018

Q4

Q1

Q2Q3

2019

Q4

Q1

Q2Q3

2020

Q4

Q1

Q2Q3

2021

Q4

Q1Q2

2022

30

StateofFintech|GlobalTrends|InvestmentTrends

Averagedealsizeisdown28%from2021,mediandealsizestaysflat

$32M

$16M

$3M

$19M

$4M

$18M

$4M

$5M

AverageSize

$23M

MedianSize$5M

20182019202020212022

YTD

31

Europe

StateofFintech|GlobalTrends|InvestmentTrends

MediandealsizedowninallregionsotherthanEuropeandCanada

US

$6M

201820202022

YTD

Asia

$5M

201820202022

YTD

$5M

201820202022

YTD

LatAm&Caribbean

$3M

201820202022

YTD

Canada

$4M

201820202022

YTD

Africa

$1M

201820202022

YTD

Australia

$3M

201820202022

YTD

32

$15M

$14M

Corp

$9M

$7M

$11M

$10M

$8M

StateofFintech|GlobalTrends|InvestmentTrends

Corpseesmediandealsizegrowth,otherinvestortypesexperiencedecline

Angel

201820202022

YTD

$4M

$4M

$3M

Asset/InvestmentManagement

$19M

201820202022

YTD

CVC

$19M

201820202022

YTD

$15M

$14M

$8M

201820202022

YTD

PrivateEquity

$38M

$20M

201820202022

YTD

$34M

VC

201820202022

YTD

33

Funding$27.3B

Deals

135

StateofFintech|GlobalTrends|InvestmentTrends

Mega-roundfundinganddealssurpass2020’stotalsinH1’22

371

116

103

78

$18.3B

$24.9B

$92.1B

$24.0B

20182019202020212022

YTD

94

80

72

Funding$9.7B

Deals55

25

$7.8B

30

$7.2B

32

$5.8B

29

$6.0B

26

$5.4B

21

$5.9B

24

$5.0B

23

$5.7B

22

$4.9B

$5.1B

18

$4.4B

14

StateofFintech|GlobalTrends|InvestmentTrends

Mega-roundfundinganddealsdroptoa6-quarterlow

33

104

101

$3.9B

$18.0B$25.8B$21.9B$26.4B$17.6B

Q1

Q2

2018

Q3

Q4

Q1

Q2

2019

Q3

Q4

Q1

Q2

2020

Q3

Q4

Q1

Q2

2021

Q3

Q4

Q1Q2

2022

34

Canada

$0.

1B

1

Deal

StateofFintech|GlobalTrends|InvestmentTrends

TheUSleadsinmega-roundfundinganddeals,AsiaandEuropefollow

US

$4.2B

25Deals

Europe

$2.2B

12Deals

Asia

$2.4B

11Deals

LatAm&

Caribbean

$0.6B

5Deals

Africa

$0.2B

1Deal

35

36

48

US,25

Europe,12

Asia,11

LatAm&Caribbean,5

Canada,1

Africa,1

1

4

3

1

1

Australia,0

StateofFintech|GlobalTrends|InvestmentTrends

MostregionsseeanotableQoQdeclineinmega-rounddealsthisquarter

47

44

35

23

21

19

18

14

12

6

4

3

1

4

3

22

16

16

12

1

Q1

Q2Q3

2018

Q4

Q1

Q2Q3

2019

Q4

Q1

Q2Q3

2020

Q4

Q1

Q2Q3

2021

Q4

Q1Q2

2022

37

98%

Non-mega-rounds,96%

Mega-rounds,4%

StateofFintech|GlobalTrends|InvestmentTrends

Globalmega-roundsmakeup4%oftotaldealsinQ2’22

98%97%97%97%97%97%97%98%96%97%97%94%92%93%93%95%

6%8%7%7%5%

Q1

Q2Q3

2018

Q4

Q1

Q2Q3

2019

Q4

Q1

Q2Q3

2020

Q4

Q1

Q2Q3

2021

Q4

Q1Q2

2022

38

59%

41%

Non-mega-rounds,53%

Mega-rounds,47%

StateofFintech|GlobalTrends|InvestmentTrends

Mega-roundsaccountforlowestpercentageoftotalfundingsinceQ4’20

31%

37%

42%

48%

53%

57%

61%

69%

63%

58%

47%

43%

39%

42%

45%

48%

48%

48%

45%

31%

36%

69%

64%

50%

52%

52%

55%

58%

50%

55%

52%

52%

Q1

Q2Q3

2018

Q4

Q1

Q2Q3

2019

Q4

Q1

Q2Q3

2020

Q4

Q1

Q2Q3

2021

Q4

Q1Q2

2022

39

StateofFintech|GlobalTrends|InvestmentTrends

Global:TopequitydealsinQ2'22

Company

RoundAmount

Round

Date

RoundValuation

SelectInvestors

Country

%ofTotalFunding

1

CodaPayments

$690M

SeriesC

2022-04-15

$2.5B

InsightPartners,ApisPartners,GIC,SmashVentures

Singapore

3.4%

2

VelocityGlobal

$400M

SeriesB

2022-05-19

N/A

Eldridge,NorwestVenturePartners

UnitedStates

2.0%

2

Circle

$400M

VentureCapital

2022-04-12

N/A

FidelityInvestments,MarshallWaceAssetManagement,BlackRock,FinCapital

UnitedStates

2.0%

4

Bloom

$378M

SeriesA

2022-05-26

N/A

CredoCapitalManagement,FortressInvestmentGroup

UnitedKingdom

1.9%

5

SumUp

$312M

SeriesE

2022-06-23

$8.5B

BainCapitalTechOpportunities,CrestlineInvestors,btovPartners,BlackRock

UnitedKingdom

1.5%

6

Xendit

$300M

SeriesD

2022-05-19

N/A

CoatueManagement,InsightPartners,Accel,KleinerPerkinsCaufield&Byers,Amasia

Indonesia

1.5%

6

Remote

$300M

SeriesC

2022-04-05

$3.0B

SoftBankGroup,Accel,GeneralCatalyst,IndexVentures,SequoiaCapital

UnitedStates

1.5%

6

SpotOn

$300M

SeriesF

2022-05-18

$3.6B

DragoneerInvestmentGroup,AndreessenHorowitz,DSTGlobal,FranklinTempleton,MubadalaInvestmentCompany

UnitedStates

1.5%

9

TradeRepublic

$268M

SeriesC

2022-06-03

$5.4B

OntarioTeachers'PensionPlan

Germany

1.3%

10

Rippling

$250M

SeriesD

2022-05-11

$11.3B

BedrockCapital,KleinerPerkinsCaufield&Byers,SequoiaCapital,YCombinator

UnitedStates

1.2%

40

StateofFintech|GlobalTrends|InvestmentTrends

Mid-andlate-stagedealsharedown

slightly

inH1’22

12%

12%

11%

15%

14%

65%

64%

65%

62%

10%

11%

12%

15%

13%

9%

8%

20182019202020212022

YTD

Other,11%

Late-stage,11%

Mid-stage,14%

Early-stage,65%

41

StateofFintech|GlobalTrends|InvestmentTrends

TheUSandAsiatieinlate-stagedealshare,theUSleadsallotherstages

Early-stage

Mid-stage

Late-stage

Other

USAsiaEuropeLatAm&CaribbeanCanadaAfricaAustralia

32%

44%

33%

33%

25%

26%

25%

21%

24%

7%

7%

7%

6%

69%

13%

7%

9%

42

Late-stage

$94M

$55M

$21M

201820202022

YTD

Mid-stage

$40M

$40M

$18M

201820202022

YTD

StateofFintech|GlobalTrends|InvestmentTrends

Medianlate-stagedealsizedropsby41%,otherstagesremainflat

Early-stage

$3M

201820202022

YTD

$2M

$3M

43

StateofFintech|GlobalTrends|InvestmentTrends

MedianmonthsfromSeriesBtoCfallsby24%

Seed/Angelto

SeriesA

14

201820202022

YTD

14

14

SeriesAtoB

19

16

15

201820202022

YTD

SeriesBtoC

1717

13

201820202022

YTD

SeriesCtoD

14

14

14

201820202022

YTD

SeriesDtoE+

18

13

201820202022

YTD

13

44

StateofFintech|GlobalTrends|InvestmentTrends

Global:Topseed/angeldealsinQ2'22

Company

RoundAmount

Round

Date

SelectInvestors

Country

1

Carmoola

$35M

SeedVC

2022-04-08

BlenheimChalcot,ClocktowerTechnologyVentures,InMotionVentures,TrueSightVentures

UnitedKingdom

2

MeetAmiInnovations

$29M

Seed

2022-04-07

PrivateInternationalConsulting

Canada

3

Entropy

$25M

SeedVC

2022-06-08

AndreessenHorowitz,CoinbaseVentures,DragonflyCapital,EtherealVentures,InflectionCapital

UnitedStates

4

Mara

$23M

SeedVC

2022-05-11

AlamedaResearch,CoinbaseVentures,DayOneVentures,DistributedGlobal,HuobiVentures

Kenya

5

JAN3

$21M

SeedVC

2022-04-07

ElZonteCapital,AlistairMilne,ChunWang

China

6

Context

$20M

SeedVC

2022-04-14

SamAltman,VariantFund

UnitedStates

7

Siply

$19M

SeedVC

2022-06-14

QIVentures,JITO,LetsVenture,VivekSunder

India

8

Tenet

$18M

SeedVC

2022-06-28

GiantVentures,HumanCapital,BreyerCapital,FirstminuteCapital,GlobalFoundersCapital

UnitedStates

9

Pillar

$17M

SeedVC

2022-04-21

BackedVC,GlobalFoundersCapital,NeilShah,OliverJung,PeterBriffet

UnitedKingdom

10

lemon.markets

$16M

SeedVC

2022-04-04

Lakestar,LightspeedVenturePartners,Creandum,System.One

Germany

45

StateofFintech|GlobalTrends|InvestmentTrends

Global:TopSeriesAdealsinQ2'22

Company

RoundAmount

Round

Date

SelectInvestors

Country

1

Bloom

$378M

SeriesA

2022-05-26

CredoCapitalManagement,FortressInvestmentGroup

UnitedKingdom

2

Lightspark

$175M

SeriesA

2022-05-12

AndreessenHorowitz,Paradigm,CoatueManagement,FelixCapital,MatrixPartners

UnitedStates

3

KuCoin

$150M

SeriesA

2022-05-10

JumpCrypto,IDGCapital,MatrixPartnersChina,CircleVentures

Seychelles

4

Rario

$120M

SeriesA

2022-04-21

DreamCapital,AlphaWaveGlobal,AnimocaBrands,KingswayCapitalPartners,PresightCapital

Singapore

5

ElwoodTechnologies

$70M

SeriesA

2022-05-16

DawnCapital,GoldmanSachs,BlockFiVentures,ChimeraInvestments,CommerzVentures

UnitedKingdom

6

kevin.

$65M

SeriesA

2022-05-03

Accel,GlobalPayTechVentures,OTBVentures,OpenOceanCapital,Speedinvest

Lithuania

7

Delphia

$60M

SeriesA

2022-06-08

MulticoinCapital,Cumberland,FJLabs,FTXVentures,LatticeVentures

Canada

8

ADDX

$58M

SeriesA

2022-05-24

HamiltonLaneAdvisors,KrungsriFinnovate,StockExchangeofThailand,UOB

Singapore

9

Treinta

$46M

SeriesA

2022-04-06

CommerceVentures,FJLabs,FirstCheckVentures,GoodwaterCapital,LuxorCapitalGroup

Colombia

10

EVatMaster

$45M

SeriesA

2022-06-01

GaochengCapital,BoyuCapital,GemstoneCapital

China

46

StateofFintech|GlobalTrends|InvestmentTrends

Global:TopSeriesBdealsinQ2'22

Company

RoundAmount

Round

Date

SelectInvestors

Country

1

VelocityGlobal

$400M

SeriesB

2022-05-19

Eldridge,NorwestVenturePartners

UnitedStates

2

ClearStreet

$165M

SeriesB

2022-04-29

PrysmCapital,Belvedere,McLarenStrategicVentures,NextGenVenturePartners,Va