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From China’s Ant Group to Sweden’s Klarna, right here is the entire listing of the world’s prime 200 fintech corporations.
CNBC partnered with impartial analysis agency Statista to ascertain a clear overview of the highest fintech corporations.
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Statista analyzed over 1,500 companies throughout 9 totally different market segments, evaluating every one in opposition to a set of key efficiency indicators, together with income, consumer numbers, and complete funding raised.
The ultimate listing consists of a few of the greatest corporations within the sector — Ant Group, Tencent, PayPal, Stripe, Klarna and Revolut — in addition to a number of up-and-coming startups looking for to mould the way forward for monetary providers.
The classes embrace:
- Neobanking
- Digital funds
- Digital property
- Digital monetary planning
- Digital wealth administration
- Alternate financing
- Alternate lending
- Digital banking options
- Digital enterprise options
You possibly can search by nation, class, or firm identify to see which companies made the minimize.
For a deep dive on the classes and the standout traits inside every one, click on right here.
Methodology
To establish the highest 200 fintech corporations, Statista carried out a quantitative evaluation of the worldwide market throughout 9 classes.
These classes mirror the truth that fintechs in several fields cannot be in contrast like-for-like. A enterprise like Monzo, for instance, operates in a really totally different method to Stripe (Stripe is not a licensed financial institution and may’t originate its personal loans).
To assist with the analysis, CNBC issued a public name for nominations in March, giving eligible fintechs the possibility to share extra info on their enterprise mannequin, income, transaction volumes, and different key information.
Since many fintech companies are privately held, they are not required to reveal their accounts publicly. Voluntary sharing of details about enterprise fashions was key to analyzing the market.
Statistics
Greater than 1,500 fintech corporations had been assessed by Statista throughout the evaluation interval, and over 10,000 information factors had been assessed, together with annual experiences, firm web sites, and information articles.
Statista developed a scoring mannequin for the businesses by calculating the aggregated scores on how companies carried out versus their respective KPIs — revenues and income per worker, for instance — together with a separate rating on how the businesses carried out in opposition to particular KPIs inside their respective market segments.
Between 5 and 40 corporations had been chosen for every particular person market section.
To resolve which of them ought to make the minimize, Statista broke down the scoring mannequin right into a 40% weighting for basic KPIs, and 60% for segment-specific KPIs.
The businesses with the very best rating inside their market section made the listing.
The variety of corporations awarded per market section various relying on the scale of the respective market section.