Five new US FinTech companies enter the unicorn club so far in 2022

  • Blue Voyant, a cloud-based solution for cyber defence, stars as the US’s newest unicorn after raising $250m via a Series D funding round led by Liberty Strategic Capital on 23rd
  • The rate of new FinTech unicorn announcements in the US during 2022 is 73% lower than levels recorded last year showing a possible slowdown in large FinTech deals. The US recorded 91 new FinTech unicorns in 2021, which averaged 7.5 per month. There are currently only 5 new unicorns in 2022 in the first two months and a half.
  • The US FinTech market is expected to grow at a CAGR of 10% from 2021 to 2027. Key US growth in 2021 came from digital payments – digital transactions had 27% YoY growth from 2017 to 2021. This year’s growth globally is predicted to come from more banks offering embedded solutions, ESG focused FinTech companies and established FinTech companies expanding into under developed regions.

The data for this research was taken from the FinTech Global database. More in-depth data and analytics on investments and companies across all FinTech sectors and regions around the world are available to subscribers of FinTech Global. ©2021 FinTech Global

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