It’s no secret that fintech is in the early stages of a truly global moment. Although financial technology has been a core part of the internet revolution from the beginning, with PayPal’s 1998 entrance into online payments the first loud shot heard around the world, it wasn’t until the introduction of Bitcoin in the late-2000s and its game-changing blockchain technology that the murmur became a deafening roar.

Fast-forward to 2016 and the entire financial services industry seems vulnerable to disruption from scrappy fintech startups. Here in Australia, the federal government has thrown its support behind its own nascent fintech industry, offering a potential way forward for the country as its mining and resources boom enters a twilight phase.

And like Australia, many other countries around the world are also beginning to bank on fintech, as this infographic from Savvy Beaver and Call Levels illustrates.

Combining statistics and predictions with startup and investor profiles, the infographic charts the exponential rise in fintech investment, with almost US$50 billion poured into the sector from 2010-2015. Of that total, approximately 25% occurred in the first half of FY15 alone.

The predicted total of US$40 billion that will be invested in fintech globally in 2015 is perhaps overly ambitious: in March 2016, the Australian government estimated the figure to be US$20 billion in its Backing Australian Fintech report.

Other highlights of the infographic include:

  • The countries with the highest number of fintech startups were the United States, India and the United Kingdom.
  • Europe’s fintech scene has experienced a whopping 215% growth year-on-year, with much of the startup activity found in London and Switzerland.
  • The Asia Pacific region invested US$3.5 billion in fintech in the first three quarters of 2015, up from US$880 million.
  • Payments was the core area for fintech startups at 40%, with lending coming second at 25%.


fintech infographic
Source: Savvy Beaver