CB Insights - fintech goes mega

Hi there,

Wealth tech funding has been on a tear this year. 

Pandemic-related restrictions quickened the adoption of online trading platforms. Individual investors flocked to mobile investing apps like Robinhood to fight lockdown-induced boredom and attempt to take advantage of fluctuating markets.

Prior to the pandemic, the space was off to a slow start in 2020. But Q2’20 saw wealth tech funding reach a record quarterly high of nearly $1.5B. This record was broken again the following quarter.

Clients can read up on  wealth tech’s record-breaking year here and dig into the data in our  Wealth Tech Expert Collection.

Mega millions
 

In Q3’20, 25 mega-rounds ($100M+ deals) accounted for 60% of total fintech funding — the highest percentage share since Q2’18. 

Take a look at global fintech investment trends in our latest quarterly report here.

Venture’s Godzilla vs. Kong
 

The pandemic has driven many companies to consider raising venture debt as a way to extend their cash runways without giving away equity.

How does venture debt stack up against venture capital? We break down the differences in our graphic here.

Block off your calendars

The deadline to apply for our Blockchain 50 list is 1 week away.

Produced in collaboration with Blockdata, the list will feature some of the most innovative companies applying or analyzing blockchain tech to solve business or consumer problems.

Apply here before November 25.

I can see clearly now
 

Computer vision tech is helping insurers control loss costs, make the claims process more convenient, reduce the need for in-person inspections, and more. 

Take a look at the vendors offering computer vision solutions for P&C insurance here.

Wharton FinTech Podcast. Ryan Zauk (@RyanZauk) chats with CB Insights CEO Anand Sanwal (@asanwal) and Blockdata CEO Jonathan Knegtel (@jpknegtel) about blockchain and CB Insights’ acquisition of Blockdata. 

Fortune. Jeff John Roberts (@jeffjohnroberts) looks at challenger banks using the CB Insights  digital banking report.

Bloomberg. Bloomberg News reports on Didi Chuxing’s electric vehicle expansion and cites CB Insights unicorn data.
 

P.S. Don't forget to snag a spot for tomorrow's webinar on the state of challenger banks.

P.P.S. We’re looking for a senior director to head up our product marketing team. Take a look at the job specs here.

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