Investments into fintech companies globally 2010-2021

The total value of investments into fintech companies worldwide increased dramatically between 2010 and 2019, when it reached 215.4 billion U.S. dollars. In 2020, however, fintech companies saw investments drop by more than one third, reaching a value of 121.5 billion U.S. dollars. The Americas were the region attracting the most investments in the sector, accounting for nearly 80 percent of the total.

What is fintech?

The term fintech is used to describe innovative startup companies operating in the financial sector which apply modern technology solutions in the financial services industry to offer digitally enhanced products and allow widespread access to financial products at a lower cost than traditional players. As of February 2021, the Americas were home to 10,605 fintech startups, making it the region with the most fintech startups globally.

Fintech adoption rate

The adoption of fintech products among consumers has grown significantly in recent years. According to a 2019 survey, money transfer and payment services were the most widely adopted fintech category among consumers. While this was the case, the fastest growing fintech segment was insurance, with its consumer adoption rate growing by 40 percentage points.