FT Partners 2022 FinTech Almanac
2022 FINTECH ALMANAC FT Partners Research | January 2023 2022 ANNUAL FINTECH ALMANAC
FT PARTNERS –FOCUSED EXCLUSIVELY ON FINTECH Overview of FT Partners 50,500 FinTech Companies 19,000+ PE / VC Firms • Data Insights 25,000 Financings • FinTech Deal Statistics • Investment Trends 16,000+ M&A Deals • Industry Research • Public Comparables
2022 FINTECH ALMANAC FT Partners’ Data ‒ ‒
2022 FINTECH ALMANAC Table of Contents
FT Partners Research 1. Executive Summary FT PARTNERS RESEARCH 5
FT PARTNERS 2022 FINTECH ALMANAC Executive Summary FT PARTNERS RESEARCH 6
2022 FINTECH ALMANAC Executive Summary –Financing Financing Activity • • • • • • • • • •
2022 FINTECH ALMANAC Executive Summary –M&A M&A Activity • • • • • • • •
2022 FINTECH ALMANAC FT Partners Research 2. 2022 Highlights
2022 FINTECH ALMANAC 2022 Highlights Global FinTech Deal Activity Volume – Annual $600.0 $500.0 $400.0 $300.0 $200.0 $100.0 $0.0
2022 FINTECH ALMANAC 2022 Highlights Global FinTech Deal Activity Volume – Quarterly $200.0 $150.0 $100.0 $50.0 $0.0
2022 FINTECH ALMANAC 2022 Highlights (cont.) Private Financing & IPO Volume – Annual $200.0 $180.0 $160.0 $140.0 $120.0 $100.0 $80.0 $60.0 $40.0 $20.0 $0.0
2022 FINTECH ALMANAC 2022 Highlights (cont.) Global FinTech Deal Activity – Private Financing & IPO Volume $60.0 $50.0 $40.0 $30.0 $20.0 $10.0 $0.0
2022 FINTECH ALMANAC 2022 Highlights (cont.) Private Financing Volume by Quarter – Annual $160.0 $140.0 $120.0 $100.0 $80.0 $60.0 $40.0 $20.0 $0.0
2022 FINTECH ALMANAC 2022 Highlights (cont.) Private Financing Volume – Quarterly $45.0 $40.0 $35.0 $30.0 $25.0 $20.0 $15.0 $10.0 $5.0 $0.0
2022 FINTECH ALMANAC 2022 Highlights (cont.) US FinTech Financing Volume Excluding Crypto & Blockchain – Annual $70.0 $60.0 $50.0 $40.0 $30.0 $20.0 $10.0 $0.0
2022 FINTECH ALMANAC 2022 Highlights (cont.) US FinTech Financing Volume Excluding Crypto & Blockchain – Quarterly $25.0 $20.0 $15.0 $10.0 $5.0 $0.0
2022 FINTECH ALMANAC 2022 Highlights (cont.) Global FinTech Financing Activity by Month 25.0 20.0 15.0 10.0 5.0 0.0
2022 FINTECH ALMANAC FT Partners Research 3. FinTech Financing
2022 FINTECH ALMANAC FinTech Financing Statistics Global FinTech Financing Volume by Year $140.0 $120.0 $100.0 $80.0 $60.0 $40.0 $20.0 $0.0
2022 FINTECH ALMANAC FinTech Financing Statistics (cont.) Global FinTech Financing Volume by Quarter: Q4‘19 – Q4‘22 $40.0 ≥ $35.0 $30.0 $25.0 $20.0 $15.0 $10.0 $5.0 $0.0
2022 FINTECH ALMANAC FinTech Financing Statistics (cont.) Global Number of Financing Transactions
2022 FINTECH ALMANAC FinTech Financing Statistics (cont.) Global Number of FinTech Financings by Quarter
2022 FINTECH ALMANAC FinTech Financing Statistics (cont.) Distribution of Global Financing Rounds by Size 2020 2021 2022
2022 FINTECH ALMANAC FinTech Financing Statistics (cont.) Private FinTech Financings of $50 million+ by Week # of $50 mm+ Financings Moving Average Trendline (every 8 weeks) 30 25 20 Start of Covid-19 15 Lockdowns: week of March 16, 2020 10 5 0 Q3 ’19 Q4 ’19 Q1 ‘20 Q2 ’20 Q3 ’20 Q4 ’20 Q1 ’21 Q2 ’21 Q3 ’21 Q4 ’21 Q1 ’22 Q2 ’22 Q3 ’22 Q4 ’22 Average # of $50 mm+ 5 4 4 4 4 5 10 13 14 14 15 11 5 4 Financings Per Week:
2022 FINTECH ALMANAC FinTech Financing Statistics (cont.) Number of $100 million+ FinTech Financing Rounds
2022 FINTECH ALMANAC FinTech Financing Statistics (cont.) AverageFinancing Round Size ($ in mm) All Stages Seed Series A Series B Series C Series D
2022 FINTECH ALMANAC FinTech Financing Statistics (cont.) MedianFinancing Round Size ($ in mm) All Stages Seed Series A Series B Series C Series D
2022 FINTECH ALMANAC Selected Large FinTech Financing Transactions in 2022 – North America
2022 FINTECH ALMANAC Selected Large FinTech Financing Transactions in 2022 – North America (cont.) |
2022 FINTECH ALMANAC Selected Large FinTech Financing Transactions in 2022 – Europe
2022 FINTECH ALMANAC Selected Large FinTech Financing Transactions in 2022 – Europe (cont.)
2022 FINTECH ALMANAC Selected Large FinTech Financing Transactions in 2022 – International excl. Europe
2022 FINTECH ALMANAC FinTech Unicorns & Decacorns Created in 2022 New FinTech Unicorns Announced By Quarter New FinTech Decacorns Announced By Quarter
2022 FINTECH ALMANAC Selected Notable Valuation Changes of FinTech Unicorns in 2022 ($ in millions)
2022 FINTECH ALMANAC Private FinTech Company Valuations Over $200 million By Year 14-Oct-2009 26-Feb-2011 10-Jul-2012 22-Nov-2013 06-Apr-2015 18-Aug-2016 31-Dec-2017 15-May-2019 26-Sep-2020 08-Feb-2022 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
2022 FINTECH ALMANAC Median Private FinTech Company Valuations Median Valuation Size by Stage ($ in mm) All Stages Seed Series A Series B Series C Series D+
2022 FINTECH ALMANAC Financing Activity: North America vs International Global FinTech Financing: North America vs. International VOLUME 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 DEAL COUNT
2022 FINTECH ALMANAC 2022 FinTech Financing Activity By Region NORTH AMERICA 1,661 46% $42,704 49% EUROPE 914 25% $23,155 26% ASIA 671 18% $15,116 17% AFRICA 134 4% $1,493 2% SOUTH AMERICA 104 3% $2,643 3% MIDDLE EAST 102 3% $1,642 2% OCEANIA 61 1% $1,300 1%
2022 FINTECH ALMANAC FinTech Financing Activity By Region – Dollar Volume $90.0 $40.0 $40.0 $40.0 $80.0 $35.0 $35.0 $35.0 $70.0 $30.0 $30.0 $30.0 $60.0 $25.0 $25.0 $25.0 $50.0 $20.0 $20.0 $20.0 $40.0 $15.0 $15.0 $15.0 $30.0 $10.0 $10.0 $10.0 $20.0 $5.0 $5.0 $5.0 $10.0 $0.0 $0.0 $0.0 $0.0
2022 FINTECH ALMANAC FinTech Financing Activity By Region – Number of Financings 1,800 1,000 1,000 1,000 900 900 900 1,600 800 800 800 1,400 700 700 700 1,200 600 600 600 1,000 500 500 500 800 400 400 400 600 300 300 300 400 200 200 200 200 100 100 100 0 - 0 0
2022 FINTECH ALMANAC Most Active Countries By Number of Financings in 2022
2022 FINTECH ALMANAC FT Partners Research 4. Investor Activity
2022 FINTECH ALMANAC Most Active FinTech Investors Venture Capital: New Investments in 2022 61 Bazaar Pakistan 44 38 36 33 33 27 27 26 24 Ranked by number of new investments in 2022
2022 FINTECH ALMANAC Most Active FinTech Investors (cont.) Strategic & Corporate Venture Capital: New Investments in 2022 80 56 39 33 33 29 24 23 20 18 17 Ranked by number of new investments in 2022
2022 FINTECH ALMANAC Most Active FinTech Investors (cont.) Total Investments (including follow-ons) in 2022 Venture Capital Strategic & Corporate Venture Capital 86 61 25 93 80 13 71 33 38 59 56 3 68 44 24 39 39 0 61 38 23 34 33 1 51 19 32 34 33 1 43 27 16 34 20 14 43 21 22 30 29 1 42 36 6 26 24 2 41 33 8 26 23 3 40 23 17 26 18 7 37 27 10 19 17 2 Ranked by total number of investments in 2022 (including follow-ons)
2022 FINTECH ALMANAC Most Active FinTech Investors (cont.) FinTech Investments Made Over the Past Five Years Total Round Size ($ in mm) $1,200 36 41 46 98 71 $1,000 $800 $600 $400 $200 $0 2018 2019 2020 2021 2022 Total Round Size ($ in mm) $1,200 14 24 26 112 86 $1,000 $800 $600 $400 $200 $0 2018 2019 2020 2021 2022
2022 FINTECH ALMANAC Most Active FinTech Investors (cont.) FinTech Investments Made Over the Past Five Years Total Round Size ($ in mm) 22 23 15 75 61 $1,200 $1,000 $800 $600 $400 $200 $0 2018 2019 2020 2021 2022 Total Round Size ($ in mm) 4 20 28 72 68 $400 $200 $0 2018 2019 2020 2021 2022
2022 FINTECH ALMANAC Most Active FinTech Investors (cont.) FinTech Investments Made Over the Past Five Years Total Round Size ($ in mm) $1,200 18 26 24 62 40 $1,000 $800 $600 $400 $200 $0 2018 2019 2020 2021 2022 Total Round Size ($ in mm) $1,200 $1,000 10 22 14 78 37 $800 $600 $400 $200 $0 2018 2019 2020 2021 2022
2022 FINTECH ALMANAC Most Active FinTech Investors (cont.) FinTech Investments Made Over the Past Five Years Total Round Size ($ in mm) 15 18 23 48 43 $400 $200 $0 2018 2019 2020 2021 2022 Total Round Size ($ in mm) $400 17 15 38 69 51 $200 $0 2018 2019 2020 2021 2022
2022 FINTECH ALMANAC FinTech Investors – Strategic & Corporate Venture Capital Participation Number of U.S. FinTech Financings with Strategic or CVC Participation / % of % of 2022 U.S. Financings in Each Sector with Total U.S. Financings Strategic or CVC Participation 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0%
2022 FINTECH ALMANAC FinTech Investors – Strategic & Corporate Venture Capital Participation (cont.) Number of Global FinTech Financings with Strategic or CVC Participation / % % of 2022 Global Financings in Each Sector with Strategic or CVC Participation of Total Global Financings 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0%
2022 FINTECH ALMANAC Most Active Private Equity Buyout Investors Most Active Private Equity Investors in 2022 Terminals, Solutions & Services Claims Editing Business
2022 FINTECH ALMANAC FT Partners Research 5. FinTech M&A
2022 FINTECH ALMANAC FinTech M&A Statistics Global FinTech M&A Volume II $350.0 $300.0 $250.0 $200.0 $150.0 $100.0 $50.0 $0.0
2022 FINTECH ALMANAC FinTech M&A Statistics (cont.) Volume of Private FinTech Company Exits by Type $300.0 $250.0 $200.0 $150.0 $100.0 $50.0 $0.0
2022 FINTECH ALMANAC FinTech M&A Statistics (cont.) Number of FinTech M&A Deals Valued at $1 billion+
2022 FINTECH ALMANAC FinTech M&A Statistics (cont.) Global FinTech M&A Deal Count 1,400 1,200 1,000 800 600 400 200 -
2022 FINTECH ALMANAC FinTech M&A Statistics (cont.) Average & Median M&A Valuations by Year Average Median 500 $1,400.0 450 $1,200.0 400 350 $1,000.0 300 $800.0 250 $600.0 200 150 $400.0 100 $200.0 50 $0.0 0
2022 FINTECH ALMANAC FinTech M&A Statistics (cont.) Distribution of Global M&A Deals by Size 2020 2021 2022
2022 FINTECH ALMANAC FinTech M&A Statistics (cont.) Global FinTech M&A: North America vs. International VOLUME 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 DEAL COUNT
2022 FINTECH ALMANAC Selected Large FinTech M&A Deals – North America Claims Editing Business
2022 FINTECH ALMANAC Selected Large FinTech M&A Deals – Europe Terminals, Solutions & Services
2022 FINTECH ALMANAC Selected Large FinTech M&A Deals – International excl. Europe CLAL Insurance
2022 FINTECH ALMANAC FinTech M&A Statistics: Most Active Acquirers Most Active Strategic Acquirers in 2022
2022 FINTECH ALMANAC FinTech SPAC Transaction Activity FinTech SPAC Merger Volume and Deal Count $140,000.0 35 $120,000.0 30 $100,000.0 25 $80,000.0 20 $60,000.0 15 $40,000.0 10 $20,000.0 5 $0.0 -
2022 FINTECH ALMANAC FinTech SPAC Mergers –Announced in 2022 Goal Acquisitions Corp. Super Apps Holdings
2022 FINTECH ALMANAC FinTech SPAC Mergers –Announced in 2022 (cont.) II SunCar Corp. II Thunder Bridge Capital Partners IV Arisz Acquisition Corp.
2022 FINTECH ALMANAC FinTech SPAC Mergers –Cancelled in 2022 Goldenstone Acquisition Venture Acquisition Corp. II
2022 FINTECH ALMANAC FinTech SPAC Mergers –Cancelled in 2022 II
2022 FINTECH ALMANAC FinTech SPAC Mergers by Announced Date Total EV Closed Pending Cancelled ($ in mm) $12,000 $11,000 $10,000 $9,000 $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $0 12/6/2018 6/24/2019 1/10/2020 7/28/2020 2/13/2021 9/1/2021 3/20/2022 10/6/2022 2019 2020 2021 2022
2022 FINTECH ALMANAC Strategic M&A vs. Private Equity Buyouts / SPACs II
2022 FINTECH ALMANAC FT Partners Research 6. Sector Breakdowns
2022 FINTECH ALMANAC FT Partners Research Sector Breakdowns: i. Financing
2022 FINTECH ALMANAC Sector Breakdowns: Financing Activity 2022 Global FinTech Financing Activity by Sector Number of Financing Transactions Financing Volume ($ in billions) $30.0 $25.0 $20.0 $15.0 $10.0 $5.0 $0.0
2022 FINTECH ALMANAC Sector Breakdowns: Financing Activity (cont.) Global FinTech Financing Volume by Sector 100.0% 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0%
2022 FINTECH ALMANAC 2022 Banking / Lending Tech Financing Activity BANKING / LENDING TECH USA 330 India 146 UK 119 Indonesia 31 Singapore 27 Brazil 25 France 24 Mexico 23 Nigeria 22 Canada 22
2022 FINTECH ALMANAC Banking / Lending Tech Financing Activity By Year BANKING / LENDING TECH Global Financing Volume & Deal Count 1,200 1,000 800 600 400 200 - (200)
2022 FINTECH ALMANAC Selected Large Banking / Lending Tech Financings in 2022 |
2022 FINTECH ALMANAC 2022 Payments Financing Activity PAYMENTS USA 120 UK 50 India 26 Singapore 16 Nigeria 11 UAE 10 Brazil 9 Malaysia 8 Indonesia 8
2022 FINTECH ALMANAC Payments Financing Activity By Year PAYMENTS Global Financing Volume & Deal Count 465 365 265 165 65 (35)
2022 FINTECH ALMANAC Selected Large Payments Financings in 2022
2022 FINTECH ALMANAC 2022 Crypto & Blockchain Financing Activity CRYPTO & BLOCKCHAIN USA 440 Singapore 76 UK 53 India 29 Canada 28 Switzerland 27 France 23 Germany 16 Hong Kong 12
2022 FINTECH ALMANAC Crypto & Blockchain Financing Activity By Year CRYPTO & BLOCKCHAIN Global Financing Volume & Deal Count 850 650 450 250 50 (150)
2022 FINTECH ALMANAC Selected Large Crypto & Blockchain Financings in 2022
2022 FINTECH ALMANAC 2022 Wealth & Capital Markets Tech Financing Activity WEALTH & CAPITAL MARKETS TECH USA 165 UK 64 India 33 Singapore 17 Canada 13 France 11 Germany 10 Switzerland 9 Australia 7
2022 FINTECH ALMANAC Wealth & Capital Markets Tech Financing Activity By Year WEALTH & CAPITAL MARKETS TECH Global Financing Volume & Deal Count 480 430 380 330 280 230 180 130 80 30 (20)
2022 FINTECH ALMANAC Selected Large Wealth & Capital Markets Tech Financings in 2022
2022 FINTECH ALMANAC 2022 InsurTech Financing Activity INSURTECH USA 126 UK 31 India 17 France 15 Canada 10 Israel 9 Germany 8 Singapore 7 Italy 6
2022 FINTECH ALMANAC InsurTech Financing Activity By Year INSURTECH Global Financing Volume & Deal Count 340 290 240 190 140 90 40 (10) (60)
2022 FINTECH ALMANAC Selected Large InsurTech Financings in 2022
2022 FINTECH ALMANAC 2022 Healthcare FinTech Financing Activity HEALTHCARE FINTECH USA 88 Singapore 5 India 5 UK 4 Israel 3 Germany 2 France 2 Canada 2
2022 FINTECH ALMANAC Healthcare FinTech Financing Activity By Year HEALTHCARE FINTECH Global Financing Volume & Deal Count 180 160 140 120 100 80 60 40 20 - (20)
2022 FINTECH ALMANAC Selected Large Healthcare FinTech Financings in 2022
2022 FINTECH ALMANAC 2022 Financial Management Solutions Financing Activity FINANCIAL MANAGEMENT SOLUTIONS USA 231 UK 62 India 26 France 20 Germany 19 Australia 14 Canada 12 Spain 10 Indonesia 10 Singapore 9
2022 FINTECH ALMANAC Financial Management Solutions Financing Activity By Year FINANCIAL MANAGEMENT SOLUTIONS Global Financing Volume & Deal Count 580 480 380 280 180 80 (20)
2022 FINTECH ALMANAC Selected Large Financial Management Solutions Financings in 2022
2022 FINTECH ALMANAC FT Partners Research Sector Breakdowns: i. M&A
2022 FINTECH ALMANAC Sector Breakdowns: M&A 2022 Global FinTech M&A by Sector (1) Number of M&A Transactions M&A Volume ($ in billions) 50 45 40 35 30 25 20 15 10 5 0
2022 FINTECH ALMANAC 2022 Banking / Lending Tech M&A Activity BANKING / LENDING TECH USA 103 UK 21 India 12 Canada 8 Brazil 8 Germany 7 Singapore 6 South Africa 5 Netherlands 5 France 5
2022 FINTECH ALMANAC Banking / Lending Tech M&A Activity By Year BANKING / LENDING TECH Global M&A Volume & Deal Count 400 350 300 250 200 150 100 50 - (50)
2022 FINTECH ALMANAC Selected Large / Significant Banking / Lending Tech M&A Deals in 2022 Super Apps Holdings CLAL Insurance Corp. II U.S. Direct Lending Business
2022 FINTECH ALMANAC 2022 Payments M&A Activity PAYMENTS USA 78 UK 26 Singapore 9 Canada 9 France 8 India 7 Australia 7 Netherlands 5 Italy 5 Brazil 5
2022 FINTECH ALMANAC Payments M&A Activity By Year PAYMENTS Global M&A Volume & Deal Count 400 350 300 250 200 150 100 50 - (50)
2022 FINTECH ALMANAC Selected Large / Significant Payments M&A Deals in 2022 Terminals, Solutions & Services Goal Acquisitions Corp.
2022 FINTECH ALMANAC 2022 Wealth & Capital Markets Tech M&A Activity WEALTH & CAPITAL MARKETS TECH USA 77 UK 22 India 8 Canada 8 France 6 Spain 4 Brazil 4 Switzerland 3 Norway 3 Japan 3 Italy 3
2022 FINTECH ALMANAC Wealth & Capital Markets Tech M&A Activity By Year WEALTH & CAPITAL MARKETS TECH Global M&A Volume & Deal Count 350 300 250 200 150 100 50 - (50)
2022 FINTECH ALMANAC Selected Large / Significant Wealth & Capital Markets Tech M&A Deals in 2022 Leveraged Commentary & Data
2022 FINTECH ALMANAC 2022 Financial Management Solutions M&A Activity FINANCIAL MANAGEMENT SOLUTIONS USA 157 UK 28 India 13 Canada 11 Germany 9 Netherlands 8 France 8 Australia 6 Brazil 5 Spain 4 Denmark 4 Belgium 4
2022 FINTECH ALMANAC Financial Management Solutions M&A Activity By Year FINANCIAL MANAGEMENT SOLUTIONS Global M&A Volume & Deal Count 360 310 260 210 160 110 60 10 (40) (90)
2022 FINTECH ALMANAC Selected Large / Significant Financial Management Solutions M&A Deals in 2022
2022 FINTECH ALMANAC 2022 Healthcare FinTech M&A Activity HEALTHCARE FINTECH USA 84 Canada 3 UK 2 Australia 1
2022 FINTECH ALMANAC Healthcare FinTech M&A Activity By Year HEALTHCARE FINTECH Global M&A Volume & Deal Count II 200 150 100 50 - (50) (100)
2022 FINTECH ALMANAC Selected Large / Significant Healthcare FinTech M&A Deals in 2022 Claims Editing Business Midas Health Analytics
2022 FINTECH ALMANAC 2022 Crypto & Blockchain M&A Activity CRYPTO & BLOCKCHAIN USA 35 UK 12 Singapore 10 Switzerland 6 Canada 6 Japan 4 South Korea 3 India 3 France 3
2022 FINTECH ALMANAC Crypto & Blockchain M&A Activity By Year CRYPTO & BLOCKCHAIN Global M&A Volume & Deal Count 150 130 110 90 70 50 30 10 (10) (30) (50)
2022 FINTECH ALMANAC Selected Large / Significant Healthcare FinTech M&A Deals in 2022 Arisz Acquisition Corp. Thunder Bridge Capital Partners IV
2022 FINTECH ALMANAC 2022 InsurTech M&A Activity INSURTECH USA 88 UK 13 Germany 6 Canada 5 Italy 4 France 4
2022 FINTECH ALMANAC InsurTech M&A Activity By Year INSURTECH Global M&A Volume & Deal Count 160 140 120 100 80 60 40 20 - (20) (40)
2022 FINTECH ALMANAC Selected Large / Significant InsurTech M&A Deals in 2022 SunCar Financial Services Business
2022 FINTECH ALMANAC FT Partners Research 7. Sub-Sector Highlights
2022 FINTECH ALMANAC Sub-Sector Highlights Selected Financing Rounds in 2022
2022 FINTECH ALMANAC Sub-Sector Highlights (cont.) Selected Financing Rounds in 2022
2022 FINTECH ALMANAC Sub-Sector Highlights (cont.) Selected Financing Rounds in 2022
2022 FINTECH ALMANAC Sub-Sector Highlights (cont.) Selected Financing Rounds in 2022
2022 FINTECH ALMANAC Sub-Sector Highlights (cont.) Selected Financing Rounds in 2022 Selected M&A Deals in 2022 Terminals, Solutions & Services
2022 FINTECH ALMANAC Sub-Sector Highlights (cont.) Selected Financing Rounds in 2022 Selected M&A Deals in 2022
2022 FINTECH ALMANAC Sub-Sector Highlights (cont.) Selected Financing Rounds in 2022
2022 FINTECH ALMANAC Sub-Sector Highlights (cont.) Selected Financing Rounds in 2022 PIXEL VAULT, INC.
2022 FINTECH ALMANAC FT Partners Research 8. FinTech IPOs
2022 FINTECH ALMANAC Selected Recent U.S. FinTech IPOs Filing Date IPO Date Company Exchange / Amount IPO Current Current Total FinTech Sector Target Country Ticker Raised Price Price Market Cap ($ mm) Return
2022 FINTECH ALMANAC Volume and Number of U.S. FinTech IPOs Amount Raised / Number of IPOs & Sector Breakdown by Number 19 16 17 10 13 13 7 8
2022 FINTECH ALMANAC Volume and Number of International FinTech IPOs Amount Raised / Number of IPOs & Sector Breakdown by Number 18 13 14 9 8 5 6 6 2 3
2022 FINTECH ALMANAC Selected Recent International FinTech IPOs Filing Date IPO Date Company Exchange / Amount IPO Current Current Total FinTech Sector Target Country Ticker Raised Price Price Market Cap (mm) Return
2022 FINTECH ALMANAC Selected Well-Funded Private FinTech Companies in the U.S.
2022 FINTECH ALMANAC FT Partners Research 9. Appendix
2022 FINTECH ALMANAC FT Partners Research Appendix: i. History of FinTech
2022 FINTECH ALMANAC What is FinTech?
2022 FINTECH ALMANAC A Brief History of FinTech • • • • • • • •
2022 FINTECH ALMANAC A Brief History of FinTech (cont.) • • • • • •
2022 FINTECH ALMANAC A Brief History of FinTech (cont.)
2022 FINTECH ALMANAC A Brief History of FinTech (cont.) • • • • • •
2022 FINTECH ALMANAC A Brief History of FinTech (cont.)
2022 FINTECH ALMANAC A Brief History of FinTech (cont.) • • • • • • • • • • • •
2022 FINTECH ALMANAC A Brief History of FinTech (cont.) • • • • • • • • • • • • • • • •
2022 FINTECH ALMANAC A Brief History of FinTech (cont.)
2022 FINTECH ALMANAC A Brief History of FinTech (cont.)
2022 FINTECH ALMANAC A Brief History of FinTech (cont.) • • • • • • • • •
2022 FINTECH ALMANAC A Brief History of FinTech (cont.) z
2022 FINTECH ALMANAC A Brief History of FinTech (cont.)
2022 FINTECH ALMANAC A Brief History of FinTech (cont.)
2022 FINTECH ALMANAC A Brief History of FinTech (cont.)
2022 FINTECH ALMANAC A Brief History of FinTech (cont.) $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0
2022 FINTECH ALMANAC A Brief History of FinTech (cont.) $140.0 $120.0 $100.0 $80.0 $60.0 $40.0 $20.0 $0.0
2022 FINTECH ALMANAC A Brief History of FinTech (cont.) Multiple Verticals Variety of End Users Multiple Business Models
2022 FINTECH ALMANAC FT Partners Research Appendix: i. Transaction Profiles
2022 FINTECH ALMANAC Appendix: Published Transaction Profiles BANKING / LENDING TECH Financing M&A
2022 FINTECH ALMANAC Appendix: Published Transaction Profiles (cont.) PAYMENTS Financing M&A
2022 FINTECH ALMANAC Appendix: Published Transaction Profiles (cont.) CRYPTO & BLOCKCHAIN Financing M&A
2022 FINTECH ALMANAC Appendix: Published Transaction Profiles (cont.) WEALTH & CAPITAL MARKETS TECH Financing M&A
2022 FINTECH ALMANAC Appendix: Published Transaction Profiles (cont.) FMS Financing M&A
2022 FINTECH ALMANAC Appendix: Published Transaction Profiles (cont.) INSURTECH HEALTHCARE FINTECH Financing Financing M&A
2022 FINTECH ALMANAC FT Partners Research Appendix: ii. Other FT Partners Research
2022 FINTECH ALMANAC Recent Exclusive FinTech CEO / Executive Interviews RaunakMehta Sid Jha Ernest Rolfson Anna Sainsbury Edward Woodford Jonathan Spry Vakhtang David Luck Butskhrikidze Lindsey Argalas Jason Lloyd Shannon Goggin Simon McLoughlin VIEW ALL RECENT INTERVIEWS
2022 FINTECH ALMANAC FT Partners Real-Time FinTech Deal Statistics FT Partners publishes FinTech financing and M&A deal statistics on a weekly and monthly basis Weekly Monthly
2022 FINTECH ALMANAC FT Partners Research – FinTech in Africa FinTech in Africa: Momentum is Building and the World is Taking Notice • • • • Click pictures to view report
2022 FINTECH ALMANAC FT Partners Research – Blockchain Accounting & Tax Solutions Blockchain Accounting & Tax Solutions: Automation for the Digital Assets Ecosystem • • • Click pictures to view report •
2022 FINTECH ALMANAC FT Partners Research – B2B Payments B2B Payments: The Last Major Bastion of Paper-based Payments and Processes • • • Click pictures to view report •
2022 FINTECH ALMANAC FT Partners Research – The Blockchain Economy The Blockchain Economy: How Cryptocurrencies and Blockchain Technology Are Redefining Existing Markets and Creating New Ones • • • Click pictures to view report •
2022 FINTECH ALMANAC FT Partners Research – Women in FinTech 2022 Women in FinTech 2022: Redefining the Future of FinTech • • • • • Click pictures to view report
2022 FINTECH ALMANAC FT Partners Research – The Race to the Super App The Race to the Super App • • Click pictures to view report •
2022 FINTECH ALMANAC FT Partners Research – Buy Now Pay Later Buy Now Pay Later: Revolutionizing Traditional Credit With Convenience, Data & eCommerce • • • • Click pictures to view report •
2022 FINTECH ALMANAC FT Partners Research – Youth-focused FinTech Platforms Youth-focused FinTech Platforms Attract Investor Attention • • • Click pictures to view report
2022 FINTECH ALMANAC FT Partners Research – A Flurry of Activity in Restaurant Tech A Flurry of Activity in Restaurant Tech • • • • • Click pictures to view report
2022 FINTECH ALMANAC FT Partners Research – Open Banking Open Banking: Rearchitecting the Financial Landscape • • • • Click pictures to view report •
2022 FINTECH ALMANAC FT Partners Research – Healthcare Payments • • • • Click pictures to view report • •
2022 FINTECH ALMANAC FT Partners Research – FinTech Meets Alternative Investments FinTech Meets Alternative Investments Innovation in a Burgeoning Asset Class • • • • Click pictures to view report •
2022 FINTECH ALMANAC FT Partners Research Appendix: iii.Overview of FT Partners
2022 FINTECH ALMANAC Advisor of Choice for Leading FinTech Companies and Strategics Selected Billion Dollar+ Clients Selected Transactions with Multi-Billion Dollar Valuations
2022 FINTECH ALMANAC Significant Experience Advising Large Financing Rounds Company Amount Raised Company Amount Raised Selected Prominent Investors in FT Partners Led Rounds
2022 FINTECH ALMANAC Selected FT Partners’ International / Cross-Border Experience Target Buyer / Investor International Aspect Target Buyer / Investor International Aspect
2022 FINTECH ALMANAC FT Partners Advises Avant on its $250 million Financing from Ares Management Overview of Transaction • • Significance of Transaction • • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Payspan on its Sale to Zelis Overview of Transaction • • • Significance of Transaction • • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Capital on Tap on its Funding from Atalaya Overview of Transaction • • Significance of Transaction • • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Kantox on its Sale to BNP Paribas Overview of Transaction • • • • Significance of Transaction • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Capital on Tap on its Funding from Atalaya Overview of Transaction • • Significance of Transaction • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Moniepoint on its Financing Round Overview of Transaction • • • • Significance of Transaction • • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Lendable on its $275 million Growth Equity Financing Overview of Transaction • • • • Significance of Transaction • • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises MFS Africa on its $100 million Financing Overview of Transaction • • • • Significance of Transaction • FT Partners’ Role • • •
2022 FINTECH ALMANAC FT Partners Advises Velocity Global on its $400 million Series B Financing Overview of Transaction • • • • Significance of Transaction • • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises SpotOn on its Series F Financing Overview of Transaction • • • • • Significance of Transaction • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Urjanet on its Sale to Arcadia Overview of Transaction • • • Significance of Transaction • • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Newfront on its $200 million Financing Overview of Transaction • • • ‒ Significance of Transaction • • • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Cross River on its $620 million Financing Overview of Transaction • • Significance of Transaction • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Blackstone on its Investment in Currencies Direct Overview of Transaction • • • Significance of Transaction • FT Partners’ Role • • •
2022 FINTECH ALMANAC FT Partners Advises TabaPay on its Investment From SoftBank Overview of Transaction • • Significance of Transaction • • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Payrix on its Sale to FIS Overview of Transaction • • ̶ • Significance of Transaction • • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Neon on its $300 million Series D Financing Overview of Transaction • • • Significance of Transaction • • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises Taulia on its ~$800 million Sale to SAP Overview of Transaction • • ̶ • Significance of Transaction • • • • FT Partners’ Role • •
2022 FINTECH ALMANAC FT Partners Advises CAIS on its $225 million Financing Overview of Transaction • • • Significance of Transaction • • FT Partners’ Role • •
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2022 FINTECH ALMANAC FT Partners’ Disclaimer Disclaimer: These materials may not be relied upon by any person or entity for any purpose except as expressly permitted by Financial Technology Partners LP and its subsidiaries (including but not limited to FTP Securities LLC and FinTech Partners Ltd, collectively “FT Partners”) in a written agreement with FT Partners. These materials are based on information provided by or on behalf of a third party or from public sources. FT Partners has relied on such information being complete and accurate in all material aspects and assumes no responsibility for independent investigation or verification. We assume any estimates or forecasts relied upon reflect the best currently available estimates and good faith judgments of the providing party. The findings in this report may contain predictions regarding particular industries or sectors which are subject to inherent risks and uncertainties. These materials may not be reproduced, disseminated, quoted, or referred to, in whole or in part, without the prior written consent of FT Partners. We assume no obligation to update or otherwise revise these materials. We take no responsibility for the use of materials by persons other than our clients. These materials should be read in conjunction with and are subject to any other materials provided. These materials do not constitute an offer or solicitation to purchase securities, nor do they constitute a commitment by FT Partners to arrange financing for any transaction or to purchase any security. These materials do not constitute legal, regulatory, accounting or tax advice. We recommend the recipient seek any such advice from a third- party qualified professional. FT Partners provides financing and strategic advisory services to a wide range of entities from which conflicting interests or duties, or a perception thereof, may arise. This report does not represent investment advice, nor does it provide an opinion regarding the fairness of any transaction. This research is a macro analysis of industries and sectors. It does not attempt to predict the performance of specific public securities. Any investment topic being discussed is not a recommendation of any security in isolation.