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In recent years, we’ve seen a ballooning of activity in fintech — an expansive term applied to technology-driven disruptions in financial services, where financial companies and startups use artificial intelligence (AI) and other tech in their day-to-day processes.

As consumers increasingly turn to alternative, digital methods of managing their finances, tech-savvy startups and traditional financial institutions (FIs) alike are diving into the fintech industry. And investors would be wise to take note of this digital shift.

Global Fintech M&A Activity

There’s been a ballooning of activity in the fintech industry.

Insider Intelligence

Fintech Market Stats

The Global Fintech Market is anticipated to grow at a CAGR of around 20% over the next four years. The market value is expected to reach around $305 billion by 2025, according to GlobeNewswire.

Additionally, this year marked a watershed moment for the fintech sector, with the once clear distinction between fintechs and financial services proper now blurred significantly. Virtually every incumbent financial institution is now looking inward and engaging in an innovation drive, spurred on by competition from fintechs amid the coronavirus pandemic. As such, incumbents are now actively investing in, acquiring, and collaborating with their fintech rivals.

Fintech Company Landscape

As consumers increasingly turn to digital forms of managing their finances, digital only banks and fintechs have posed a threat to traditional banking institutions. Some of the world’s top fintechs include:


Monzo is one of the top fintechs.



Number of Employees: 251 to 500

Total Funding: $356 Million

Starling Bank

Number of Employees: 501 to 1,000

Total Funding: $354 Million


Robinhood app phone screen

Robinhood is a major fintech competitor.

Rafael Henrique/SOPA Images/LightRocket via Getty Images

Number of Employees: 501 to 1,000

Total Funding: $1.2 Billion


Number of Employees: 5,001 to 10,000

Total Funding: $31.8 Million


Number of Employees: 251 to 500

Total Funding: $547.3 million


Number of Employees: 1,001 to 5,000

Total Funding: $2.5 billion

Fintech Industry Trends

Big Tech companies will dive into wealth management in the coming years.  Amazon, Google, and Microsoft, are already building the digital infrastructure required by wealth managers, and almost three-quarters of global high net worth individuals say they would adopt wealth management services from big tech firms, according to Capgemini.

Bg Hyprid Robo Advisor

Robo-advisor adoption is set to take off in the coming years.


Robo-advisor adoption is set to grow in the future — presenting an opportunity for fintechs and incumbents alikeInsider Intelligence estimates that robo-advisors in North America only had $330 billion in AUM at the end of 2019, but we expect this number to grow to $830 billion by 2024.

Rising fintech adoption will spur further national regulatory initiatives in China and across the globe—improving the competitiveness of China’s already advanced fintech ecosystem. The coronavirus pandemic pushed financial services online to better reach consumers. And this growing fintech use is likely pushing China’s regulators to investigate and better understand major fintechs’ activities.

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