By Bernard Lunn
13 Fintech companies out of a batch of 50 (26%) is more than 2x any other year (2005 with 13% is not statistically significant because only 8 companies in the batch).
You can read about all 50 in Techcrunch’s excellent coverage.
Finovate has the Finetech data on past years.
Here are the ventures that we categorize as Fintech in this batch (using our broad definition of Fintech and breaking them further into the Fintech domains that we track on Daily Fintech).
| Name | Domain |
| Second Measure | InvestTech |
| Captain 401k | InvestTech |
| Vest | InvestTech |
| Open Invest | InvestTech |
| Branch8 | Payments |
| Serica | Payments |
| Give Campus | Philanthropy |
| Tesorio | SMB |
| Drip Capital | SMB |
| Greenshoe | Underbanked |
| Xendit | Underbanked |
| Tab | Underbanked |
| Xfers | Underbanked |
Notable for absence – InsuranceTech.
Techcrunch noted hardware as a theme. Apart from Fintech, I noted emphasis on Food, Healthcare and Legal. Noted for absence are – Edtech and Bitcoin. Where Bitcoin/Blockchain appears it is as an enabling tool which makes sense. In 10 years saying “we use Bitcoin/Blockchain” will be as meaningless as saying “we use Internet” today.
Daily Fintech Advisers (the commercial arm of this open source research site) can help implement strategies related to the topics written about here. Contact us to start a conversation.
[…] Last week I looked the most recent Y Combinator batch and found that 26% were Fintech, more than 2x …. Apart from more confirmation that Fintech is a hot market (hardly needed), I noted that four of these ventures can be categorized as the Underbanked sector within the Fintech market. […]
[…] Last week I looked the most recent Y Combinator batch and found that 26% were Fintech, more than 2x …. Apart from more confirmation that Fintech is a hot market (hardly needed), I noted that four of these ventures can be categorized as the Underbanked sector within the Fintech market. […]
[…] Drip Capital. This is another one of the 13 Fintech ventures in the latest Y Combinator batch. […]