The un(der)banked is FinTech’s largest opportunity
DeNovo-Quarterly-Q2-2016.pdf?utm_content=buffer9dd60&utm_medium=social&utm_source=twitter
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<strong>The</strong> top 10 trends in aggregate acco<strong>un</strong>ted for 48% of total f<strong>un</strong>ding for<br />
th<strong>is</strong> quarter, compared with 70% of the average trailing four quarters,<br />
showing somewhat more diversity in FinTech f<strong>un</strong>ding in 2Q16. Strategic<br />
investors participated in 30% of total transactions by co<strong>un</strong>t, which <strong>is</strong> a<br />
slight increase from the 28% in 1Q16. Google Ventures was the most<br />
active strategic investor in the 2Q16 period (see Exhibit 16).<br />
Exhibit 16<br />
Most active investors<br />
Transactions<br />
Investor<br />
4 Sequoia Capital, Sequoia Capital India (venture)<br />
3 Google Ventures (strategic)<br />
2 26 investors, two transactions<br />
Source: Strategy& analys<strong>is</strong><br />
46 Strategy&
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