December 12, 2015
As the density of FinTech unicorns club grows over years with amazingly innovative solutions being democratized, there is a legitimate question raising – who is next? Or maybe what is next? It should not be a question, as there is a path that takes Fintech startups through the rapid growth to become unicorns one day (aside from truly disruptive solution or idea).
Recognized leaders in FinTech across sectors share same hubs, first investors, adopters and approach. We have granulated the success path to see what bought tickets to the unicorns club to once small and unknown companies. Let’s start with the leaders.
Who is in the club?
Below are some of the FinTech unicorn club members across sectors. In coming years, the club will grow as there are at least 30 more companies with valuations close to $1 billion, such as Wealthfront, Betterment, Rong360, Wonga, Q2, WorldRemit, Taulia, Radius, Oportun, Circle Internet Finance, AnJuke and others.
The next step would be the understanding of the sweet spots within FinTech. Clearly, the density of the sectors varies, which creates different opportunities for entrants.
What is the right sector?
As specific as FinTech sector may seem, it is a broad term for a wide range of technologies powering everything related to money. According to Finovate, a set of conferences and events for FinTech startups to showcase their solutions, there is a clear skew in the FinTech unicorns club towards companies innovating in Lending and Payments.
List of Q2 2015 FinTech unicorns and semi-unicorns by sectors indicated that 29% of them are from the Lending sector and 27% are from Payments. The next biggest, interestingly, are Real Estate with 8% and Other with 8%. Insurance and Investing focused FinTech star ...
This content is available for members only. Subscribe now!
MONTHLY PLUS PLAN
MEDICI offers data-driven, original, unique, and forward-thinking content to understand the “why” behind the “what”
10,000+ insights, 100+ research reports, and 1,000+ videos based on data, collected and processed by top-in-class researchers with over seven years of experience in the financial service industry.
We do not stop at the data; we analyze it and extrapolate actionable insights that shape and forecast market trends. All of our pieces are neutral, authentic, and unique – this means that you can’t read them anywhere else!
We do also care about design. It’s why our infographics are the most-used ones in company reports and the most shared ones on social media.
We have one of the largest databases with more than 13,000 company profiles listed across 60+ verticals! The database contains primary data collected in two ways:
Through our Global Listening Engine – a proprietary algorithm able to extrapolate and collect data across numerous sources
Directly from FinTechs – thanks to the onboarding flow through which companies can list themselves on the most used database for venture capital in the industry
You will be added to our private WhatsApp Channel with more than 200 FinTech leaders across the globe, where we engage in discussions around various financial services topics daily. After a few clicks, you’ll get to know the whole community, including the MEDICI team – you can ask questions, suggest topics, and get behind-the-scenes insights
MEDICI Inner Circle™ is the membership you need to freely access all MEDICI content, which includes insights, research reports, videos, startup knowledgebase, and the members-only community for live engagement.
We cover more than 60+ sub-segments in FinTech – but we do not stop there; we also cover topics beyond FinTech, such as InsurTech, RegTech, PropTech, WealthTech, BankTech, AgriTech, and the enabling technologies enabling innovation such as AI, Blockchain, etc.
By becoming a member, you will unlock all the content on our website. A free subscriber gets access to only 5% of what we publish on the web-site. Paid members also get preferred access to our live events, and exclusive access to the members-only community for live digital engagement.
Yes. Please write to us at innercircle@goMEDICI.com.
Yes. Please write to us at innercircle@goMEDICI.com.
We offer a 7-day free trial during which you can access all of our data, insights, and analyses. You can cancel the subscription any time before the end of the free trial period. However, we do not offer refunds.
Sign up to read the article
Read and learn about FinTech topics you are interested in.
