April 3, 2016
A few years ago, when the word ‘unicorn’ in FinTech wasn’t such an overused term, we would still be referring to the set of companies in this article as FinTech unicorns. Fortunately, or not, it appears that the number of billion-dollar FinTech companies has risen so significantly, that it doesn’t create that ‘wow’ effect anymore. Billion-dollar valuations are not so rare in 2016, so this time let’s just call it a billion-dollar FinTech club.
There are 16 privately-held FinTech companies internationally in that billion-dollar club, according to WSJ, and most likely, we will see more companies getting a membership in the coming years.
China Rap ...