Top 10 take-aways from FT Partners' Q3 2020 FinTech Insights Report

This blog is curated based on material published by FT Partners.

FT Partners Publishes Q3 2020 FinTech Insights
The top 10 take-aways about Fintech in Q3 2020, according to FT Partners:

1. FinTech financing volume in Q3 2020 reached $12.0 billion. 
2. 74 financing rounds of $100 million or more, with 29 occurring in Q3. 
3. Q3 2020 represents the 3rd largest quarterly volume ever.
4. 74 financing rounds of $100 million or more, with 29 occurring in Q3 2020.
5. IPO market remains very active as well, with 22 global FinTech IPOs this year
6. 15 IPOs in 2020 happened in Q3 alone.
7. FinTech M&A volume in Q3 2020 was 3rd highest ever at $66.8 billion.
8. COVID-19 had a greater impact on M&A activity compared to financing activity
9. Q3 2020 M&A activity levels signify a snapback to pre-COVID levels.
10. FinTech M&A activity in 2020 has also had a huge uptick in the number of mergers with special purpose acquisition companies or “SPACs”. There have been 9 SPAC deals announced or closed just within in the first three quarters of 2020, compared to only 2 in all of 2019.

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​Note: FT Partners’ FinTech Insights Reports are published on a quarterly basis, along with a comprehensive year-end FinTech Almanac. All information included in the reports is sourced from FT Partners’ Proprietary Transaction Database, which is compiled by the FT Partners Research Team through primary research and data analysis.