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CB Insights publishes quarterly overviews of the business, financial and exit trends of private fintech companies worldwide. The most recent report, “State of Fintech Q2 2022” (PDF) examines the recent decline in investment, falling on 2020 levels.

Global fintech revenue reached $20.4 billion in the second quarter, its lowest level since the fourth quarter of 2020, down 33% from the first quarter of 2022. In addition, the number of transactions increased. hit a low six quarters at 1,225.

The United States led the share of regional trade in the second quarter.

 

In the second quarter of 2022, the United States took first place for business investment, followed by Asia.

The World Bank’s May 2022 report, “Fintech and the Future of Finance,” examines the digital transformation of financial services.

The report includes a survey conducted by the World Bank from May 2020 to February 2021 with 330 participants from 109 countries. Respondents include representatives of traditional banks, payment services, insurance companies, and others.

Many respondents believe that consumers prefer to use multiple financial providers and digital banks and fintech companies will eventually dominate.

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