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Q1 2022
Fintech Report
May 5, 2022
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Median VC valuations for fintech hit new highs in Q1
VCs invested $29.3 billion in fintech in Q1, representing a 7.3% decrease in deal value from the previous quarter. Yet a string of sizable deals for payments companies including Bolt, Checkout.com and Brex helped push the median pre-money valuation for late-stage fintech companies to $257.5 million during the quarter—a 44.5% increase from 2021’s full-year figure.
On the exit front, as IPO activity grinds to a halt in the current economic environment, many fintech startups are expected to become acquisition targets of incumbents and other well-established fintech companies.
Our Q1 Emerging Tech Research report on fintech breaks down a strong quarter for the sector and highlights emerging opportunities in corporate crypto finance, carbon credit tokenization and payment facilitation. The report also includes a comprehensive market map of key players across each fintech subsegment and takes a closer look at companies such as Bitwave, Celo and OpenNode.
Table of contents
Median VC valuations for fintech hit new highs in Q1
VCs invested $29.3 billion in fintech in Q1, representing a 7.3% decrease in deal value from the previous quarter. Yet a string of sizable deals for payments companies including Bolt, Checkout.com and Brex helped push the median pre-money valuation for late-stage fintech companies to $257.5 million during the quarter—a 44.5% increase from 2021’s full-year figure.
On the exit front, as IPO activity grinds to a halt in the current economic environment, many fintech startups are expected to become acquisition targets of incumbents and other well-established fintech companies.
Our Q1 Emerging Tech Research report on fintech breaks down a strong quarter for the sector and highlights emerging opportunities in corporate crypto finance, carbon credit tokenization and payment facilitation. The report also includes a comprehensive market map of key players across each fintech subsegment and takes a closer look at companies such as Bitwave, Celo and OpenNode.
Table of contents
| Vertical overview | 3 |
| Q1 2022 timeline | 4 |
| Fintech landscape | 5 |
| Fintech VC ecosystem market map | 6 |
| VC activity | 8 |
| Emerging opportunities | 17 |
| Corporate crypto finance | 18 |
| Carbon credit tokenization | 20 |
| Payfac enablement | 22 |
| Select company highlights | 25 |
| Bitwave | 26 |
| Celo | 27 |
| OpenNode | 29 |