About FinTech
There are 182K companies in the FinTech sector across the world, with 40.3K funded companies having collectively raised $953B in venture capital money and private equity. Overall 16.2K of these are Series A+ funded and the sector has seen the creation of 441 Unicorns.
FinTech sector has seen 7.88K acquisitions and 1.67K IPOs. This represents almost 5.2% of all such companies - which is higher than the 4.7% exit rate of tech companies in general.
This sector includes companies offering tech-enabled financial services and IT infrastructure and software for offering and managing financial services.
FinTech sector is also known as BFSI Tech.
Companies included in FinTech sector
Companies providing tech solutions to provide financial services like lending, banking, fundraising, insurance, etc.Companies excluded in FinTech sector
Companies offering traditional financial services like Banks, NBFCs, Insurance Carriers, etc.Reports related to FinTech
Here is a report related to FinTech sector:
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There are more than 182K companies in FinTech. Groww is the top FinTech company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top FinTech companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of an online platform for investments and trading services | Bengaluru (India) | 2016 | Public | $596M | |
Provider of digital banking services, including credit cards and accounts | Sao Paulo (Brazil) | 2013 | Public | $2.27B | |
Cross-border payment solution for businesses focusing on cryptocurrency | Boston (United States) | 2013 | Public | $1.5B | |
Operator of a platform providing ride-hailing, food delivery, and payment services | Singapore (Singapore) | 2012 | Public | $10.4B | |
Provider of point of sale financing solutions for consumers and merchants | San Francisco (United States) | 2012 | Public | $1.22B |
Companies founded year-on-year in the FinTech sector
167 new startups have been founded so far in 2026 in the FinTech sector. 19,289 FinTech startups were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 167 |
2025 | 2,137 |
2024 | 5,812 |
2023 | 11,141 |
2022 | 13,428 |
2021 | 19,289 |
2020 | 15,129 |
2019 | 14,170 |
2018 | 15,294 |
2017 | 11,583 |
Companies founded across countries in the FinTech sector
United States has 50,884 FinTech startups, the most by any country, followed by United Kingdom which has 18,643 startups and India which has 16,549.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 50,884 |
United Kingdom | 18,643 |
India | 16,549 |
Canada | 5,680 |
Australia | 4,713 |
China | 4,507 |
Germany | 4,372 |
Singapore | 3,809 |
France | 2,931 |
Brazil | 2,760 |
Stage-wise distribution of the FinTech sector
Out of the total 182,067 FinTech companies, 40,258 have secured funding. Among them, 16,249 have reached Series A or higher, and 12,412 to Series B or beyond.
Founded - 182,067
Funded - 40,258
Series A+ - 16,249
Series B+ - 12,412
Series C+ - 10,836
Company Stage | No. of companies |
|---|---|
Founded | 182,067 |
Funded | 40,258 |
Series A+ | 16,249 |
Series B+ | 12,412 |
Series C+ | 10,836 |
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- 182K+ Total Companies
- $953B+ Total Funding
- 40.3K+ Funded Companies
- 1.7K+ IPOs
- 7.9K+ Acquisitions
- 1K+ Reports
Funding Trends in the FinTech sector
Total funding year-on-year in the FinTech sector
The FinTech sector saw a total funding of more than $799B in the last 10 years. The most amount of funding was in 2021 at more than $178B. There has been a total funding of $19.7B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $19.7B |
2025 | $72.4B |
2024 | $53.9B |
2023 | $69.4B |
2022 | $120B |
2021 | $178B |
2020 | $67.9B |
2019 | $79.9B |
2018 | $89.1B |
2017 | $48.1B |
Total funding across countries in the FinTech sector
In the last 10 years, FinTech startups in United States have recieved the highest funding among all countries - $375B. United Kingdom follows with $99.6B and China with $43B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $375B |
United Kingdom | $99.6B |
China | $43B |
India | $36.6B |
Singapore | $26.4B |
Canada | $25B |
France | $18.7B |
Brazil | $16B |
Germany | $15.8B |
Australia | $11.8B |
Total funding amount raised by stage in the FinTech sector
Over the last 10 years, the FinTech sector have seen $33.2B into Seed Stage funding rounds, $183B into Early Stage funding rounds and $296B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $296B |
Debt | $202B |
Early Stage | $183B |
Post IPO | $40.3B |
Seed Stage | $33.2B |
ICO | $12.7B |
PE | $10.4B |
Grant | $2.05B |
Other-Equity | $232M |
Recent Funding Rounds in FinTech
In the year 2026, till May 2026, FinTech companies have raised $14.9B in equity funding across 769 rounds.
In the same period last year (i.e. till May 2025), FinTech companies had raised $19.1B across 1.15K rounds.
So, 2026 has seen a 22.1% drop in funding in FinTech companies as compared to 2025.
Here are some recent, important funding rounds in FinTech:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 1251 | May 27, 2026 | and 3 more | |
Seed | 9207 | May 27, 2026 | ||
Series C | 1846 | May 27, 2026 | and 5 more | |
Series E | 7881 | May 26, 2026 | and 1 more | |
Seed | 3379 | May 26, 2026 |
Top Investors in FinTech
Y Combinator is the top investor in FinTech companies based on number of companies invested.
Here are some top investors in FinTech:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Mountain View (United States) | ||
New York City (United States) | ||
Ho Chi Minh City (Vietnam) | ||
Sunnyvale (United States) |
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M&A activity in FinTech
In the year 2026, till May 2026, 203 acquisitions happened in FinTech sector. Last year, in 2025, a total of 758 acquisitions happened in FinTech sector.
Here are some recent, important acquisitions in FinTech:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | May 21, 2026 | ||
Business Acquisition | May 21, 2026 | ||
Business Acquisition | May 20, 2026 | ||
Business Acquisition | May 20, 2026 | ||
Business Acquisition | May 20, 2026 |
Acquisition trends in FinTech
Here are the acquisition trends in FinTech:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 203 |
2025 | 758 |
2024 | 717 |
2023 | 661 |
2022 | 887 |
2021 | 1,010 |
2020 | 609 |
2019 | 585 |
2018 | 604 |
2017 | 499 |
IPOs in FinTech
In the year 2026, till May 2026, 14 IPOs happened in FinTech sector.
Here are some recent, important IPOs in FinTech:
Company | IPO Date | Exchange Symbol |
|---|---|---|
May 11, 2026 | London Stock Exchange (LSE) | |
May 08, 2026 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Apr 29, 2026 | Hong Kong Exchanges (HKG) | |
Apr 06, 2026 | OTC Markets (OTCMKTS) | |
Mar 30, 2026 | Euronext Exchange (Euronext) |
Colleges which produce the most FinTech companies
Companies founded by alumni from top colleges in the FinTech sector
Most number of FinTech startups have been founded by alumni from Stanford University, Harvard University and Harvard Business School.
College | No. of companies |
|---|---|
Stanford University | 1038 |
Harvard University | 833 |
Harvard Business School | 660 |
Massachusetts Institute of Technology | 642 |
University of Pennsylvania | 564 |
University of Oxford | 437 |
University of Cambridge | 411 |
University of California (Berkeley) | 390 |
INSEAD | 380 |
Columbia University | 377 |
Total funding in companies founded by alumni from top colleges in the the FinTech sector
In the last 10 years, Stanford University graduates' FinTech companies have raised the most funding among top colleges. Harvard University alumni are second, and Harvard Business School alumni are third.
College | Total Funding |
|---|---|
Stanford University | $86.9B |
Harvard University | $58.5B |
Harvard Business School | $41.6B |
Massachusetts Institute of Technology | $38.6B |
Stanford Business School | $35.2B |
University of Chicago | $25.2B |
University of Oxford | $22.6B |
Cornell University | $22.3B |
University of Pennsylvania | $21.4B |
University of Cambridge | $20.8B |
Top News in FinTech
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Royal London Asset Management Expands Partnership with SS&C to Service New Australian FundsKorea Newswire•May 28, 2026•SS&C
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Experian Link Now Delivers Real-Time Debit Card Verification to Help Merchants Combat FraudGlobal Fintech Series•May 28, 2026•Experian, Fiserv
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Intuit Mailchimp Launches Analytics AI and Expanded Data IntegrationsBusiness Wire•May 28, 2026•MailChimp, Intuit
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Banqup Group Announces Change in CEO and Interim Leadership AppointmentGlobeNewswire•May 28, 2026•Banqup
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FMG Enhances Internal Operations with New AI-Powered Marketing Intelligence SystemPR Newswire•May 28, 2026•FMG Suite
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Ellipse and Entrust Partner to Secure Agentic Commerce with Dynamic Card Security CodeGlobal Fintech Series•May 27, 2026•Entrust
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TMF Group Expands Partnership With Fenergo for Digital Investor OnboardingBusiness Wire•May 27, 2026•TMF Group, Fenergo
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TransUnion Named One of America's Most Trustworthy Companies by NewsweekGlobeNewswire•May 27, 2026•TransUnion
