1、State of FintechGlobal|2024 recapGlobal data and analysis on dealmaking,funding,and exits by private market fintech companiesState of Fintech2 2Make smartertech decisions.Our platform will help you discover,understand,and manage your response to emerging tech.Make confident tech decisions that drive
2、 growth,improve operations,and beat the competition with CB Insights.IIIITry our platform free!Sign up for a free trialState of Fintech3 3“Steal”our data.Download the underlying data in this report.If you create any analysis or visualizations with this data,send it our way and you could be featured
3、in the CBI newsletter.us on social LinkedIn X(Twitter)InstagramIIIIDownload the raw dataTL;DR4Your rundown onfintech in 202433%Increase in median fintech deal size in 2024.The median fintech deal size increased to$4M in 2024 marking a 33%jump YoY.Across fintech sectors,the biggest jump occurred in b
4、anking,where the median deal size rose by 70%YoY to reach$8.5M.While fintech saw fewer deals overall in 2024,the increase in deal sizes suggests that investors are writing bigger checks for companies with compelling growth potential.See the data 24%Jump in fintech M&A exits in Q424.Fintech M&A exits
5、 jumped 24%QoQ to 189 in Q424,with Stripes$1.1B purchase of stablecoin platform Bridge marking the quarters largest deal.Overall,fintech saw a total of 664 M&A exits in 2024(up 6%YoY)as financial services companies sought to diversify their capabilities and build full-service platforms.See the data
6、38%Of all 2024 banking deals are mid-or late-stage.While mid-and late-stage deal share rose by 4 percentage points YoY across fintech broadly,it jumped 17 percentage points in banking.Uncertainty about new banking technology and regulatory volatility is likely driving investors to more proven soluti