Five fintech startups are now in the billion-dollar club — meaning they are valued at more than $1 billion.
Here are the billion-dollar fintech companies and their last valuations, according to data recently released by Dow Jones VentureSource (in $millions):
|Rank||Startup||Current Valuation||Raised to Date|
In all, 67 startups around the world are now valued at $1 billion or more, which means that 7.5% are fintech companies. The five billion-dollar fintech companies have raised a total of $1.31 billion of venture funding, or an average of $262 million. Square has raised the most to date: $495 million.
Interestingly, all but one of the billion-dollar fintech companies are in payments.
Oh, and the most valuable startup in the world today? Chinese mobile phone Xiaomi, which scored a $46 billion valuation last December. How do you say “Holy Cow!” in Chinese?
Learn more about fintech startups at Bank Innovation 2015 on March 2-3 in Seattle. Get invited here.Like This Post