Fintech investment landscape
Investment into the fintech sector grew sharply during the last decade, with global investment value reaching an all-time high in 2021. In 2022, however, investment activity slowed down considerably, with the Americas seeing a particularly large drop in investment value. The decline in the value of investments was most likely caused by the economic contraction triggered by the COVID-19 pandemic.
Leading fintech companies
Services provided by fintech companies have become a part of everyday life in recent years, with more and more fintechs emerging every year. Most fintech companies originate from the United States and China, and these two countries were also home to eight out of the 10 largest fintech companies worldwide in January 2024. Despite the dominance of the U.S. and China, in 2022, the most valuable fintech unicorn in the world was the Irish payment processing platform, Stripe.