{"id":16192,"date":"2021-07-27T11:18:40","date_gmt":"2021-07-27T11:18:40","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=16192"},"modified":"2021-07-27T11:18:40","modified_gmt":"2021-07-27T11:18:40","slug":"state-of-fintech-in-the-2nd-quarter-of-2021","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/state-of-fintech-in-the-2nd-quarter-of-2021\/","title":{"rendered":"State of FinTech in the 2nd Quarter of 2021"},"content":{"rendered":"<p>CB Insights continuously monitors the FinTech industry to provide useful, data-based observations on the most important FinTech trends. Their 2<sup>nd<\/sup> quarter report has some illuminating information. In particular, the 2<sup>nd<\/sup> quarter of 2021 turned out to be the largest on record for FinTech funding, with FinTechs raising USD 30.8 billion. The digital lending, banking and SMB FinTech sectors saw the most pronounced deal activity growth, and funding to South American-based FinTechs had the greatest growth in funding received (153%). The report also highlights the most important trends in the following key FinTech sectors:<\/p>\n<ul>\n<li>Payments \u2013 payment companies raised over USD 8 billion, a quarter-on-quarter (QoQ) increase of 25%.<\/li>\n<li>Banking \u2013 banking companies saw a 59% QoQ increase and a funding increase of 43%.<\/li>\n<li>Digital lending \u2013 deal activity to digital lending companies exploded to nearly USD 7 billion, a QoQ growth of 76%.<\/li>\n<li>Insurance \u2013 InsurTech funding surged by 79%, largely due to mega-round funding growth.<\/li>\n<li>SMB \u2013 funding to FinTechs focused on SMBs grew 37% to USD 5.9 billion, its strongest funding level in over a year.<\/li>\n<li>Real estate \u2013 despite a 20% decrease in number of deals, late-stage mega-rounds pushed real estate FinTech funding to USD 3.2 billion, a QoQ increase of 25%.<\/li>\n<\/ul>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-16192 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Time for HR to embrace freelancers'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/time-for-hr-to-embrace-freelancers\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/04\/time-for-hr-to-embrace-freelancers-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-12563\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12563'>\n\t\t\t\tTime for HR to embrace freelancers\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='How artificial intelligence is changing fintech'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/how-artificial-intelligence-is-changing-fintech\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/01\/article-591bc60e30444-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-8057\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8057'>\n\t\t\t\tHow artificial intelligence is changing fintech\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='The importance of the customer experience in banking'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-importance-of-the-customer-experience-in-banking\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/06\/statistical-data-abstract-on-paper-and-tablet_3446-313-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-10262\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/06\/statistical-data-abstract-on-paper-and-tablet_3446-313-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/06\/statistical-data-abstract-on-paper-and-tablet_3446-313-300x300.jpg 300w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/06\/statistical-data-abstract-on-paper-and-tablet_3446-313.jpg 626w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-10262'>\n\t\t\t\tThe importance of the customer experience in banking\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>CB Insights continuously monitors the FinTech industry to provide useful, data-based observations on the most important FinTech trends. Their 2nd quarter report has some illuminating information. In particular, the 2nd quarter of 2021 turned out to be the largest on record for FinTech funding, with FinTechs raising USD 30.8 billion. The digital lending, banking and &hellip;<\/p>\n","protected":false},"author":12,"featured_media":16193,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"class_list":["post-16192","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-fintech","category-international-fintech","bulletin_edition-07_july-fintech-2021","bulletin_edition-fintech-2021","b_post_type-bfc-recommends"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=16192"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16192\/revisions"}],"predecessor-version":[{"id":16195,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16192\/revisions\/16195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/16193"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=16192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=16192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=16192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}