VC-backed fintech companies raised more than US$39 billion across 1,707 deals in 2018, according to a report by CB Insights.
The number of deals was up 15% compared to 2017, while the funding amount surged 120%. Driving these trends were 52 mega-rounds of more than US$100 million worth a combined total of almost US$25 billion.
According to CB Insights, the most active fintech VCs in 2018 were:
500 Startups
Notable Investments: Grab, Flywire, Finaccel
500 Startups is a seed stage venture capital, since its inception in Silicon Valley, 500 Startups has invested in over 2,000 companies via 4 global funds.
Ribbit Capital
Notable Investments: Revolut, Coinbase, Revolut, Toss
Ribbit Capital is a global investment organization, the company states that they have one single, relentless mission: to change the world of finance.
Bain Capital Ventures
Notable Investments: Acorns, Flywire
Bain Capital Ventures is a venture who primarily focuses on growth and seed stage companies. It is an affiliate of Bain Capital.
a16z
Notable Investments: Stripe, Coinbase, Cryptokitties
Andreessen Horowitz is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz.
Omidyar Network
Notable Investments: Chime, Tandem Bank
Omidyar Network describes itself as philanthropic investment firm. Within the world of finance Omidyar Network is active in verticals such as Financial Inclusion, Emerging Tech, and Digital Identity
