Quarterly update for Mastercard Start Path Corporate Members, key trends which are shaping fintech and likely to grow in importance in 2022.

We consider how fintechs are improving supply chains through digitization, the increasing prominence of digital currencies, impact of sustainability-focused fintechs, and the intersection of fintech and marketplaces.

Q3 2021 Fintech Funding Update

In Q3 2021, fintech companies globally raised US$ 31.8B in venture capital across 1,185 deals. Despite the 15% drop over the record Q2 2021 deal value as reported by CBInsights, Q3 2021 still marks as the second-highest quarter in global funding ever. The year-to-date global funding in 2021 is at US$94.7 B and is more than twice the total value posted in 2020.

Deal volume had a negligible drop of 1%. This slip is explained by softer funding in Europe and Latin America, down by 47% and 56% respectively, compared to Q2 values. “Mega Deals” worth more than US$ 100M, continued strong at 94 for the period, although early-stage deals accounted for nearly two thirds of deals.