Financial services is under assault. From wealth management to remittances to payments processing, the landscape of private companies, investors and corporate strategics investing and acquiring in financial technology, otherwise known as Fin Tech, has grown immensely.
So after putting out the Periodic Table of IoT, we’re excited to introduce our second industry cut — the Periodic Table of Fin Tech – a resource to help illuminate the key players in Fin Tech ecosystem. The 177 companies, investors and acquirers on the table were pulled from analysis using CB Insights data around financial health, company momentum, investor quality and M&A/IPO activity.
See the table below or click to expand.
We expect that this list of 177 will change over time as new entrants emerge and gain prominence and others falter, exit and/or get removed. If you believe someone should be added, please leave a comment with your rationale.
Navigating the Periodic Table of Fin Tech
The table focuses on seven different types of organizations as follows (from left to right).
- The left side of the Periodic Table of Fin Tech includes companies across several key Fin Tech verticals. Additional details on these sub-areas of Fin Tech are below.
- On the far right, the table shifts to venture capital firms (both multi-stage and micro VCs), corporate investors, angels, accelerators/incubators selected based primarily on total portfolio investments into Fin Tech and recency of investment in Fin Tech (since 2009). Not surprisingly, several Fin Tech-specific funds and accelerators made it on to the table.
- The bottom section below is acquirers and notable Fin Tech exits.
As disruptive startups look to tackle different segments of traditional financial services, we analyzed Fin Tech companies within seven sub-industries detailed below:
Private lending companies on the list includes primarily peer-to-peer lending platforms as well as underwriter and lending platforms using machine learning technologies and algorithms to assess creditworthiness.
Private payments and billing tech companies span from solutions to facilitate payments processing to payment card developers to subscription billing software tools.
Personal Finance/Asset Management
Private tech companies that help individuals manage their personal bills, accounts and/or credit as well as manage their personal assets and investments.
Private money transfer companies include primarily peer-to-peer platforms to transfer money between individuals across countries.
Companies here span key software or technology firms in the digital currency space ranging from bitcoin wallets to security providers to sidechains.
Companies either providing tools to financial institutions such as banks, hedge funds, mutual funds or other institutional investors. These range from alternative trading systems to financial modeling and analysis software.
Platforms that allow a collection of individuals to provide monetary contributions for projects or companies provisioned in the form of equity.
Venture Capital Firms
Venture capital firms included make venture equity investments across the stage spectrum and geographies focusing on Fin Tech companies. The VC firm category spans both micro VCs and large multi-stage firms with LP commitments ranging from $25M to well over $1B+.
Corporate investors into Fin Tech include both corporations making direct investments and separately identifiable corporate venture units such as Citi Ventures or BBVA Ventures.
Fin Tech angel investors listed are individual angel investors who offer early-stage capital, advice and networks to startups in exchange for equity or convertible debt.
Accelerators and startup incubators typically offer some combination of equity investment, mentorship and resources around company development. Those on the Fin Tech periodic table have either funded a number of Fin Tech portfolio companies or have a specific focus on Fin Tech i.e. Boost.vc, FinTech Innovation Lab.
Fin Tech Acquirers
Key public corporations that have acquired private FinTech companies in the last five years.
Key Fin Tech companies that have been acquired or went public in the last 5 years ranging from lending and money transfer firms (Lending Club, Xoom) to personal finance and bill paying tools (Check, Mint.com).
Again, if you think an investor or company should be added, please leave a comment below with your rationale. All prior CB Insights periodic tables are below:
Want to track the activity of these 177 key players of the Fin Tech ecosystem and get alerts about new Fin Tech companies receiving financing or getting acquired? Check out the CB Insights Venture Capital Database. Sign up free below.