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RANKED: The 27 fintech unicorns from around the world

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Financial technology, or fintech, has become a huge industry over the last decade, with new companies springing up doing everything from online lending to high-frequency trading technology or next-generation credit scoring software. CB Insights, which tracks the venture capital industry, recently provided a list of what it believes are all the fintech unicorns in the world - venture capital-backed, private businesses worth over $1 billion. The company shared the list of 26 fintech unicorns as part of its report on 2018 first quarter funding in fintech globally. CB Insight only focused on VC-backed businesses, not companies funded solely by angels, private equity firms or any debt, secondary or line of credit transactions. Business Insider combined CB Insight's data with public information on the Crunchbase database to provide a snapshot of the most valuable fintech businesses in the world right now.


RANKED: The 27 fintech unicorns from around the world

#artificialintelligence

CB Insights, which tracks the venture capital industry, recently provided a list of what it believes are all the fintech unicorns in the world -- venture capital-backed, private businesses worth over $1 billion. The company shared the list of 26 fintech unicorns as part of its report on 2018 first quarter funding in fintech globally. CB Insight only focused on VC-backed businesses, not companies funded solely by angels, private equity firms or any debt, secondary or line of credit transactions. Business Insider combined CB Insight's data with public information on the Crunchbase database to provide a snapshot of the most valuable fintech businesses in the world right now.


How Insurance Startup Lemonade Became a FinTech Unicorn in a $5 Trillion Market

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While insurance is a $5 trillion dollar market, Daniel noticed an opportunity: most insurance companies are not described as lovable or delightful. He wants consumers to forget everything they know about insurance and start fresh. Daniel shares how Lemonade leverages technology to build trust, how they've achieved an NPS of 70, and why keeping Shabbat each week helps him set healthy boundaries as a founder.


$1B Market Map: The World's 308 Unicorn Companies In One Infographic

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Our market map highlights which markets boast the most private companies with billion-dollar valuations. There are 310 private companies around the world valued at $1B as of 1/23/2019, all featured on our real-time unicorn tracker. These companies are collectively worth as much as $1,052B and have raised a combined total of nearly $257B. Last year, 112 new companies joined the global unicorn club -- a 58% increase from the 71 new unicorns in 2017. Get an excel file that has investor, total funding, industry, and other info for private companies valued at $1B .


Fintech firm Slice becomes India's new unicorn

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Fintech company Slice on Monday announced it has become India's new unicorn with raising $220 million in a Series B round, that values it at over $1 billion. The round was led by Tiger Global and New York-based global private equity and venture capital Insight Partners. Slice (Written as slice) is a credit card challenger to pay bills, manage expenses and unlock rewards. "We've kept our heads down in the initial years and focused solely on simplifying the consumer journey and creating a cutting-edge risk underwriting system," said Rajan Bajaj, Founder and CEO. New and existing investors including Advent International's Sunley House Capital, Moore Strategic Ventures, Anfa, Gunosy, Blume Ventures, and 8i also participated in the round.