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FT Partners Quarterly FinTech Insights and Annual Almanac

FT Partners is the only data source for comprehensive, global FinTech deal activity covering M&A, Financing and IPO statistics and trends

FT Partners’ FinTech Insights Reports are published on a quarterly basis, along with a comprehensive year-end Almanac. All information included in the reports is sourced from FT Partners’ Proprietary Transaction Database, which is compiled by the FT Partners Research Team through primary research and data analysis. The reports feature M&A, financing and IPO statistics and trends as well as breakdowns by FinTech vertical, geography, investor-type and much more.

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2023 FinTech Almanac

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Report Features:

  • 2023 and historical FinTech financing and M&A volume and deal count statistics
  • Largest FinTech financings and M&A transactions in 2023
  • Most active FinTech investors including strategic investor participation
  • Average / median round size and valuations over time
  • Breakdowns by geography and deal type
  • M&A stats by type of buyer
  • FinTech sector and sub-sector highlights

Key Highlights:

  • Private FinTech company funding volume in 2023, which totaled $54.2 billion, declined 64% from the peak of activity in 2021 and 40% from 2022, essentially reverting to “pre-boom years” levels of funding from 2018 through 2020.
  • A strong flow of early-stage deals drove majority of financing activity in the sector – 65% of all funding rounds in 2023 were under $10 million. In comparison, the level in 2022 was 53% and in 2021, it was 46%.
  • While valuations have waned to an extent over the last year, median valuations for Seed and Series A rounds both slightly increased over 2022 levels, reaching $13 million and $53 million, respectively.
  • FinTech M&A volume totaled $101.5 billion in 2023, the lowest level since 2017 ($91.4 billion), representing a 25% decline from 2022.
  • M&A deal count remained more robust, reaching 1,109 transactions in the year, which was lower than 2022 (1,289) and 2021 (1,505), but higher than 2020 (983) and prior years.
  • In terms of strategic M&A deals during the year, the number of acquisitions made by scaled FinTech companies (those founded 2004 or later) outpaced acquisitions made by legacy / traditional strategic players.