The Fintech100 – Announcing the world’s leading fintech innovators for 2017
The Top 10 companies in the 2017 Fintech100Ant Financial - China
ZhongAn - China
Qudian (Qufenqi) - China
Oscar - US
Avant - US
Lufax - China
Kreditech - Germany
Atom Bank - UK
JD Finance - China
Kabbage - US
Other key insights from the 2017 Fintech100 reportAggregate capital raised remains significant -- The top 50 companies have raised US$4.8B in the last year alone and over US$27B in aggregate capital over their lifetimes. The `Emerging 50' have raised over US$600M in the last year and just over US$1B in total, since founding.
Major funding rounds dominate investment -- Twelve companies on the Fintech100 had raisings over US$100M, notably ZhongAn's US$1.5B raise in conjunction with its recent IPO on the Hong Kong Stock Exchange.
`Disruptors' continue to stand out -- Fintechs focused on disrupting technologies continue to dominate, accounting for 73 of the Fintech 100. These are companies that are radically changing their industry paradigm for all players.
Lending and payments lead -- The number of lending and payments related businesses continue to stand out in this year's Fintech 100, with 32 and 21 respectively.
Open banking around the world -- Open banking regulation in the UK, Europe, the US and Australia has been a major catalyst for innovation, with 15 companies working in the related areas included on the Fintech100.
How is the Fintech100 selected?
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.
Total capital raised
Rate of capital raising
Geographic diversity
Sector diversity
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)
Source:
https://home.kpmg.com/xx/en/home/media/press-releases/2017/11/the-fintech-100-announcing-the-worlds-leading-fintech-innovators-for-2017.htmlFull report:
https://s3-ap-southeast-2.amazonaws.com/h2vc/static/reports/innovators/2017/H2-Fintech-Innovators-2017.pdf
