57+ Incredible Fintech Stats (2024-2026) (2024)

The fintech space is making fast strides across many financial sectors, including consumer and B2B.

Fintech investment and consumer adoption are clearly on the rise. But to what extent? And where is this industry headed?

This list has you covered with a wide range of key, up-to-date financial technology (fintech) statistics.


  • Fintech Industry Size
  • Fintech Investment Statistics
  • VC fintech Funding
  • Leading fintech Companies
  • Fintech Adoption Rates
  • What The Experts Say

Top Fintech Stats (Editor's Picks)

  • As of 2023, the fintech space is worth over $226 billion.
  • There are approximately 30,000 fintech startups.
  • Around 90% of Chinese citizens use fintech banking.
  • Visa is the largest fintech company with a valuation of almost half a trillion USD.

Fintech Industry Size

The fintech industry is worth approximately $226.76 billion (EMR)

The fast-growing space is projected to reach $917.17 billion by 2032, growing at a CAGR of 16.8%.

Global fintech industry revenue has nearly doubled since 2017 (Deloitte)

In 2017, global Fintech industry revenue was approximately $90.5 billion. That figure has grown by over 100% since then.

57+ Incredible Fintech Stats (2024-2026) (1)

Here is a full breakdown of fintech industry revenue (converted from Euros) between 2017 and 2024:

YearAmericasEMEAAsia PacificTotalChange over the previous year
2017$30.5 billion$20 billion$33.7 billion$84.2 billion-
2018$36.2 billion$21 billion$40 billion$97.2 billion↑ 15.4%
2019$44.2 billion*$22 billion*$47.3 billion*$111.5 billion*

↑ 14.7%*

2020$51.6 billion*$24.2 billion*$56.8 billion*$132.6 billion*↑ 18.9%*
2021$57.9 billion*$25.3 billion*$67.3 billion*$150.5 billion*↑ 13.5%*
2022$61 billion*$27.4 billion*$77.9 billion*$166.3 billion*↑ 10.5%*
2023$64.2 billion*$29.5 billion*$89.4 billion*$183.1 billion*↑ 10.1%*
2024$66.3 billion*$30.5 billion*$101 billion*$197.8 billion*↑ 8%*

*2018 prediction.

The number of fintech startups has more than doubled since 2019 (BCG)

There are currently over 26,000 fintech startups worldwide. This figure has grown dramatically over the past few years (up from only around 12,000 fintech startups in 2019).

57+ Incredible Fintech Stats (2024-2026) (2)

Fintech Investment Statistics

Fintech industry investment halved in H1 2023 (SPGlobal)

There had been a general upward trend over the last decade.

In 2012, investment in fintech totaled $4 billion. This increased year-over-year until 2015, reaching $67.1 billion - a 17x increase.

This figure then slowly declined before surging to $147.9 billion in 2018. And increasing further to $215.4 billion in 2019.

In the first half of 2021, investment in fintech companies reached a then-record-breaking $98 billion - a $19.9 billion increase in the second half of 2020.

By the end of 2021, fintech investment reached $210 billion.

But in H1 2023, investment fell 49% from around $46 billion in H2 2022 to $23 billion.

VC Fintech Funding

Venture capital investment has consistently topped $40 billion per year (KPMG)

Venture capital funding in the fintech industry more than doubled between 2020 and 2021.

57+ Incredible Fintech Stats (2024-2026) (3)

Here is a breakdown of the last few years of VC funding in the fintech space:

YearVC Funding% ChangeNumber of Deals% Change
2014$8 billion---
2015$17.3 billion116%--
2016$20.4 billion18%--
2017$23.4 billion15%2,348-
2018$53.2 billion127%3,22637%
2019$45.6 billion-14%3,65013%
2020$49.9 billion9%3,9959%
2021$122.9 billion146%6,62366%
2022$88.3 billion-28%6,128-7%
H1 2023$27.3 billion-1,818-

The Americas are responsible for the largest portion of fintech VC funding (KPMG)

Below are VC fintech funding stats broken down by region:

YearAmericasEurope, Middle East, AfricaAsia Pacific
2019$19.4 billion$8.5 billion$17.7 billion
2020$24.6 billion$10.4 billion$12 billion
2021$67.2 billion$31.7 billion$23.9 billion
2022$40.3 billion$25 billion$15 billion

57+ Incredible Fintech Stats (2024-2026) (4)

Three different fintech sectors receive $5 billion+ in VC funding per year (CB Insights)

Between 2016 and Q1 2021, capital markets received the most VC investment ($8.07 billion).

This was followed by payments ($6.03 billion) and wealth management ($5.43 billion).

57+ Incredible Fintech Stats (2024-2026) (5)

Here’s a detailed look at the distribution of VC funding within the fintech industry over the last few years:

#1Capital markets$8.07 billion
#2Payments$6.03 billion
#3Wealth management$5.43 billion
#4Digital lending$3.97 billion
#5SMB$3.36 billion
#6Banking$3.27 billion
#7Real estate$2.42 billion
#8Insurance$2.30 billion

Leading Fintech Companies

Visa is the largest fintech company by market cap (Google Finances)

In terms of fintech companies, Visa leads the way with a market capitalization of $500 billion.

This is followed by Mastercard with a $389 billion valuation.

25+ other fintech companies have passed the $10 billion "Decacorn" mark.

Almost half of the top 20 fintech companies by market cap are based in the US (Google Finances)

10 of the top 20 fintech companies by market cap are American.

Just two are based in China, yet they ranked fourth and sixth by market cap.

The UK, Ireland, Brazil, the Netherlands, India, Romania, Luxembourg, and Singapore each have one.

Here are the top 20 fintech companies by market value according to a 2024 report:

RankCompanyCountryMarket Cap
1VisaUnited States$555 billion
2MastercardUnited States$428 billion
3IntuitUnited States$184 billion
4TencentChina$139 billion
5FiservUnited States$87 billion
6Ant FinancialChina$79 billion
7PayPalUnited States$64 billion
8AdyenNetherlands$50 billion
9StripeIreland$50 billion
10NubankBrazil$42 billion
11SquareUnited States$41 billion
12CoinbaseUnited States$34 billion
13ChimeUnited States$25 billion
14PolygonIndia$20 billion
15RevolutUnited Kingdom$20 billion
16RippleUnited States$15 billion
17UIPathRomania$15 billion
18Blockchain.comLuxembourg$14 billion
19GrabSingapore$15 billion
20PlaidUnited States$13.4 billion

Fintech Adoption Rates

90% of Chinese citizens use fintech banking, payment, and financial management solutions (EY)

Looking at individual countries, China led the way in terms of fintech banking and payment adoption in 2019 with 92%. In fact, China is the front-runner in terms of fintech adoption across the board.

57+ Incredible Fintech Stats (2024-2026) (6)

Here’s a closer look at five countries’ fintech adoption rates across different fintech categories:

CountryBanking and paymentFinancial managementFinancingInsurance
South Africa47%43%34%26%

US personal loan agreements using fintech have increased by 33% (TransUnion)

57+ Incredible Fintech Stats (2024-2026) (7)

Taking a closer look at the US, digital banking has been on the rise over the last five years.

In 2018, an estimated 61.3% of Americans used some form of digital banking. This figure has increased year-over-year by at least 0.5%.

As of 2022, approximately 65.3% of the US population uses digital banking.

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Leading up to 2018, Americans had increasingly sourced personal loan agreements using fintech. Between 2013 and 2018 there was a year-over-year growth from 5% to 38%.

What the Experts Say

Most senior banking executives believe fintech has a large impact on the wallet and mobile payments (Capgemini)

57+ Incredible Fintech Stats (2024-2026) (9)

Searches for "digital wallet" are up 250% in the last 10 years

A recent survey found that banking executives believed non-traditional financial firms were having a notable impact on certain sections of the financial industry.

Here is a breakdown of the proportion of senior banking executives that believed fintech companies were having a large impact in 2018 (per section):

  • Wallets and mobile payments - 66.7%
  • Cards and other traditional payments - 62.5%
  • Savings and checking accounts - 33.3%
  • Value-added services - 29.2%
  • Loans/mortgages - 12.5%
  • Wealth and asset management services - 8.3%

These beliefs reflect many of the increased adoption rates seen above. And proved to be a relatively strong indicator of fintech growth in these sectors.


That concludes our deep dive into the fintech space.

It is clear that fintech is very much a part of the future in finance. And it’s an industry well worth monitoring in the coming years.

If you enjoyed reading our fintech stats, you may want to read our regularly-updated lists of fintech trends and fintech companies.

57+ Incredible Fintech Stats (2024-2026) (2024)


What are the predictions for FinTech in 2024? ›

In 2024, we predict that compliance challenges will intensify as more licensing requirements will likely manifest to enhance consumer trust and transparency, while also bringing neobanks to a similar compliance playing field as their big bank counterparts, signaling credibility.

What are the statistics for FinTech? ›

Indian FinTech industry's market size is $50 Bn in 2021 and is estimated at ~$150 Bn by 2025. The Payments landscape in India is expected to reach $100 Tn in transaction volume and $50 Bn in terms of revenue by 2030. India's digital lending market was worth $270 Bn in 2022 and is expected to reach $350 Bn by 2023.

Who is the biggest FinTech company? ›

Visa Paytech

How many FinTech companies are there in the US? ›

The sector has matured much faster than in other countries. As of November 2021, there were 10,755 fintech startups in America, making it the region with the most startups globally according to Statista's 2021 research. Out of this, only approximately 1% of the 10,755 fintechs are unicorns valued at $1 billion or more.

Does fintech have a future? ›

McKinsey's research shows that revenues in the fintech industry are expected to grow almost three times faster than those in the traditional banking sector between 2023 and 2028.

What is the future for fintech? ›

The future of fintech will continue to be defined by customer demand for speed, convenience, and choice. Traditional business models are being challenged. With apps increasingly serving as the entry point for services, the market for financial services has opened to non-traditional competitors.

What is the success rate of fintech? ›

The success rate of fintech startups is 25% as of 2024.

What is the failure rate of fintech companies? ›

According to The National Venture Capital Association, 25% to 30% of firms that receive VC funding fail (Luisa Zhou). 23. More than 75% of Fintech (Financial Technology) startups fail.

Why is fintech so successful? ›

Key Advantages: Fintech optimizes processes, lowers costs, enhances security, and tailors services to individual preferences. It boosts financial inclusion, serving the unbanked and reshaping the financial landscape positively.

What is the number 1 fintech company? ›

What Are the Biggest Fintech Companies of 2024?
FundExpense Ratio
Ant Group$78.5 billion
Stripe, Inc.$50 billion
Revolut$33 billion
Chime Financial, Inc.$25 billion
6 more rows
Mar 21, 2024

Is Venmo a fintech company? ›

Venmo is one of the most successful and popular FinTech apps in the United States, and even though its most popular service is free, Venmo makes money and a lot of it.

Is PayPal a fintech? ›

In the world of fintech stocks, PayPal (PYPL) is among the top options to consider. Strong fundamentals and recent investments in smaller companies makes this fintech player much more resilient. The company's fraud prevention systems build user confidence and encourage transaction growth.

Is Amazon a fintech? ›

Amazon Finance Technologies (FinTech) Payments systems disburse Accounts Payable (AP) payments to Amazon's suppliers and service providers.

Which country is the leader in fintech? ›

Largest fintech companies worldwide by market cap

The U.S. is home to most valuable financial technology companies in the world in 2023, according to Statista data — but China isn't far behind with mega-payments firms like Tencent and Ant Group making the country a solid second.

Which is the top most fintech product? ›

Top 10 Fintech Innovations
  • API-Driven Banking Models. ...
  • Embedded Finance. ...
  • Hyper Automation in Financial Institutions. ...
  • RegTech. ...
  • Peer-To-Peer Lending. ...
  • Digital Identity Verification. ...
  • Inclusion Technologies in Financial Industry. ...
  • Low Code.

What are the predictions for banks in 2024? ›

2024 will see an upgrade of interbank payment systems, with changes to improve on Faster Payments which was introduced in 2017. The Financial Services and Markets Act 2023, Payment Services Regulations 2017 (PSR) reforms are predicted to begin in early 2024.

Will fintech continue to grow? ›

Second, despite short-term pressures, fintechs still have room to achieve further growth in an expanding financial-services ecosystem. McKinsey estimates that fintechs will grow at roughly three times the overall banking industry's growth rate between 2022 and 2028.

What is the size of the fintech market 2025? ›

$258.83 billion

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