A data-driven look at global financial technology investment trends, top deals, active investors, and corporate activity in Q1 2019.
- Q1’19 VC-backed fintech funding drops but deals remain strong: Deals were up 4% quarter-over-quarter (QOQ) while funding dipped 13%.
- Q1’19 sees three new unicorn births (N26, Chime, and Airwallex): there are 41 VC-backed fintech unicorns worth a combined $154.1B.
- Europe beats Asia in funding and the US remained the top market for deals: Europe saw funding grow to $1.7B, surpassing Asia which saw $875M in funding in Q1’19.
- India challenges China for the top Asian fintech market: India was the top Asian market for VC-backed fintech funding in Q1’19 with $286M in funding.