Market
Given the significant interest in fintech globally, and its ongoing evolution in
terms of market drivers, technologies and potential use-cases, venture capital
funding in fintech has increased exponentially over the last few years with the
worldwide investment reaching close to $25 billion in 2015. In the United States,
fintech industry is primed to set to reach new height this year after a lackluster
2016. The increase in invested capital can be attributed to the many mega-
rounds, such as SoFi's $500 million fundraise in February. VC investment in the
US fintech space is on track to hit $7.58 billion in 2017, which would eclipse the
previous high set in 2015, when investors spread $7.46 billion across nearly 600
deals in the industry. Last year, that number dropped off dramatically with roughly
$5.4 billion invested.
Here's a closer look at venture capital invested in the US fintech space since
2010:
20
Figure 15 Venture Capital Invested in the US Fintech Space
20
Capital invested
Deal count
*As of 11/2/17
600
500
400
300
200
100
0
$8B
$7B
$6B
$5B
$4B
$3B
$2B
$1B
$B
2010 2011 2012 2013 2014 2015 2016 2017*
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