The 2018 Fintech100 highlights dynamic fintechs from around the world that are transforming the financial services industry.
In collaboration with KPMG Fintech and Fintech investment firm, H2 Ventures, the 2018 Fintech100 report features the leading 50 'Established' fintech companies across the globe, as well as the most captivating 50 'Emerging Stars' with exciting, new products and solutions.
The Fintech100 signifies the rampant transformation happening within the financial services industry; an industry that is currently undergoing a widespread shift – with an increase of new players and established ventures building creative, leading-edge product offerings.
Chinese fintechs continue to dominate the Leading 50 list with three of the five top fintechs originating in China. Global competition continues to expand with fintechs originating from 36 countries, up from 29 countries in 2017.
Australian companies made a strong showing in the 2018 Fintech100, highlighting dynamic fintechs from around the world that are transforming the financial services industry, from digital payments and lending, to insurtech, to neo-banking, as they attract investment at a record pace.
The top placed Australian fintechs were AfterPay Touch, which shot up 18 places from 2017, moving from 44 to 26, and Airwallex, a new entry at 49. They were the sole Australian representatives in the 2018 ‘Leading 50’ from around the globe, ranked based on innovation, capital raising activity, size and reach.
The Fintech100 were selected following extensive global research and analysis based on data relating to five factors. Two criteria are related to capital raising reflecting the emphasis that venture capitalist investors place on the ability of firms to innovate in order to generate a long term sustainable competitive advantage.