Top 10 companies in the Fintech 100 2016 (KPMG & V2)

The annual list includes the leading 50 established fintech companies across the globe, as well as the most intriguing 50 ‘Emerging Stars’ – exciting new fintechs with bold, disruptive and potentially game-changing ideas. Key highlights include:

• China fintech continues to dominate, with four of the top five companies on the list.
• Global competition is expanding, with 17 countries represented in the top 50 established companies, up from 13 last year, and 22 countries in the full Fintech 100.
• New fintech subsectors have emerged, including regtech (regulatory technology), with nine companies on the list.
• Insurtech continues its ascent, with 12 companies, almost double last year’s total.

Highlights from the Fintech 100 report

• China now tops the global rankings – within 3 years, China’s fintech ventures have gone from only one company included in the top established 50 rankings in 2014, to this year China featuring four of the top five companies and eight of the top 50.
• Greater geographic diversification – the established 50 list includes fintech companies from 17 different countries compared to 13 countries last year, with companies from France, Mexico, South Africa and Singapore appearing for the first time.
• Disruptors dominate – nine of the top 10 companies on the list are fintech ‘disruptors’ (and 46 of the top 50).
• Lending returns to the fore – 32 of the 100 have business models related to lending (up from 22 last year).
• Insurtech continues its climb – with 12 insurance fintech companies in this year’s list, almost double last year’s total.
• The emergence of regtech – with nine fintech companies focused on regulatory solutions in the list this year.
• Mega funding rounds – the size of deals/funding rounds above US$1 billion have continued to rise, including Ant Financial, Lufax and JD Finance.
• The aggregate level of capital raise continues to rise – with the Established 50 reaching a total of US$14.6 billion of capital raised since last year’s report (12 months ago), an increase of more than 40 percent from 2015.

The Top 10 companies in the Fintech 100 2016

1. Ant Financial – China
2. Qudian – China
3. Oscar – USA
4. Lufax – China
5. ZhongAn – China
6. Atom Bank – UK
7. Kreditech – Germany
8. Avant – USA
9. Sofi – USA
10. JD Finance – Chin

Original post in full by KPMG | Download the report at V2