- Posted by admin
- On July 24, 2017
LONDON — GP Bullhound, a boutique investment bank focused on tech, on Thursday published an in-depth report looking at the global fintech industry.
The report found 39 fintech companies around the world already valued at $1 billion or over, and found that global venture capital investment into the sector has risen almost fivefold in the past three years to reach $13.6 billion in 2016.
As well as identifying existing “unicorns” — private companies worth over $1 billion — GP Bullhound also picked out companies to watch. These are business, founded since 2000, that it believes could one day be worth over $1 billion. These calls are based on bankers’ analysis of growth, business models, and market opportunity.
GP Bullhound identified promising businesses in the alternative lending space, data analytics, digital banking, insurance, and asset management. Here are the 17 businesses that made the cut and, in GP Bullhound’s view, could be the next fintech unicorns: