Along the same lines, Schroders recently wrote down its investment in Revolut, another top-funded challenger bank, by 46%.

It’s not a great look for the sector. 

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The post N26 and Revolut are facing steep valuation cuts. What does this mean for other challenger banks’ prospects? appeared first on CB Insights Research.

This reflects a broader trend: Account-to-account (A2A) payments, where funds are transferred between two bank accounts without intermediaries such as card networks, are gaining popularity. Since A2A cuts out some steps compared to traditional payments approaches, it can be speedier, more secure, and — crucially — can reduce transaction costs.

Using CB Insights data, we dug into the A2A market to identify what will happen next.

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The post Shopify launches direct bill pay: What’s next for A2A payments? appeared first on CB Insights Research.

Using CB Insights data, we highlight some of the key takeaways from our Q1’23 State of Fintech report, including:

1. Global fintech funding grows 55% QoQ in Q1’23; $6.5B is raised by Stripe alone. 
2. Early-stage deal share reaches 72%, a new high.
3. Unicorn births fall to 1 for the first time since 2016. 
4. Fintech M&A exits rebound, increasing 15% QoQ. 
5. Banking funding and deals hit lowest levels since Q2’17. 

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The post The State of Fintech in 5 charts: Funding rebounds due to Stripe, while deals continue to fall in Q1’23 appeared first on CB Insights Research.

To meet this need, leading global payment network Visa has forged hundreds of strategic business partnerships, invested in dozens of companies, and made a few acquisitions over the last 2 years. 

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The post Analyzing Visa’s growth strategy: How the company is facilitating seamless customer experiences and expanding access to financial products appeared first on CB Insights Research.

While big banks like Bank of America, Citigroup, and Goldman Sachs were quick to place restrictions on employee use of OpenAI’s ChatGPT in February 2023, other financial firms have jumped at the opportunity to leverage the tech. 

For example, Morgan Stanley is using OpenAI-powered chatbots to assist financial advisors as a knowledge resource that leverages the firm’s internal repository of research and data. Hedge fund Citadel is reportedly in talks for an enterprise-wide ChatGPT license that will be used for software development and information analysis. 

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The post 3 applications of generative AI in financial services appeared first on CB Insights Research.

At the same time, financial innovation, rapid advances in AI modeling, and new digital customer data streams are making the nature of regulatory and compliance management significantly more complicated.

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The post 200 companies automating regulatory and compliance efforts for financial institutions appeared first on CB Insights Research.

Crypto payments for small and medium-sized businesses (SMBs) provide the infrastructure that enables merchants to accept cryptocurrency payments and make payouts in crypto, either online or in person.

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The post Market Trend Report: Crypto payments for SMB leaders appeared first on CB Insights Research.

Banking-as-a-service companies enable collaboration between banks and third parties. They help third parties build, launch, and scale banking products and services through banks’ application programming interfaces (APIs). These companies typically partner with legacy banks to provide their non-banking fintech clients with a full range of banking capabilities, which they embed into their clients’ existing platforms.

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The post Market Trend Report: Banking-as-a-service (BaaS) for banking leaders appeared first on CB Insights Research.

In an effort to boost growth, Santander has acquired, partnered with, and invested in fintech companies that enable better customer experiences, make it easier to access credit, and help businesses manage their finances. It has also launched new tech-forward payments and banking products (such as PagoNxt) and stepped into digital asset trading.

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The post Analyzing Santander Bank’s growth strategy: How the banking giant is investing in fintech appeared first on CB Insights Research.

Cross-border payments for small and medium-sized businesses (SMBs) include companies that enable SMBs to accept payments and send funds to other businesses internationally. Many providers offer financial infrastructure and application programming interfaces (APIs) that help companies operate despite borders.

Some companies build products like multi-currency debit cards and other online payment capabilities.

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Open banking companies use application programming interfaces (APIs) to give banks access to their customer data and allow them to share that data with fintech firms (with permission from the customer). This allows banks and third-party fintech firms to easily map and analyze vast customer data, which they use to improve digital experiences and products.

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The post Market Trend Report: Open banking for banking leaders appeared first on CB Insights Research.

Digital banking transformation companies include omnichannel retail banking suites and multiproduct offerings that assist banks with digital transformations, from online opening and onboarding to customers’ mobile app experiences.

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Companies offer consumer-facing add-on solutions to enhance the customer experience and build customer loyalty. Solutions include white-label personal finance platforms that offer customized insights on money management, loyalty and cashback programs, and other card-linked offers.

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The post Market Trend Report: Customer experience add-ons for banking leaders appeared first on CB Insights Research.

According to SVB, its clients account for 71% of all fintech IPOs since 2020. It’s clearly plugged into the fintech ecosystem.

The fallout from recent events may leave a hole in fintech that won’t easily be filled. While moving to a new bank for your deposits might be simple, searching for and setting up a payment rails and processing partner is a more difficult process.

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The post Silicon Valley Bank was at the center of the fintech ecosystem. We break down every fintech sector it touched and 45 companies affected by its uncertain future. appeared first on CB Insights Research.

Within tech, SVB focused on 6 key areas, as shown in the below graphic. Its focus areas included:

• Edtech
• Industrial technology
• Enterprise software
• Digital infrastructure & tech services
• Consumer software, internet, and info services
• Fintech

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The post Silicon Valley Bank’s investment syndicate map. Which VCs did SVB invest with most? appeared first on CB Insights Research.

Chatbots and virtual assistants use conversational artificial intelligence (AI) designed to digitize and automate bank-customer interactions. These solutions allow customers to find quick answers to their questions and provide banks with a significant customer data collection channel.

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The post Market Trend Report: Chatbots and virtual assistants for banking leaders appeared first on CB Insights Research.

Cloud-based core banking markets include cloud-native and cloud-based software-as-a-service (SaaS) platforms that integrate with or replace banks’ existing core systems. These solutions can lower costs across the retail banking value chain, reduce silos in front- and back-end operations, help launch new products, and drive consumer experiences.

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The post Market Trend Report: Cloud-based core banking for banking leaders appeared first on CB Insights Research.

Customer analytics & insights companies aggregate and analyze data on customers’ financials and behaviors to build unique profiles for individuals. Solutions include artificial intelligence (AI)-based customer intelligence platforms, data aggregation, analysis platforms, and data-driven microservice solutions that combine insights with personal finance tools.

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The post Market Trend Report: Customer analytics & insights for banking leaders appeared first on CB Insights Research.

The company’s portfolio includes some of the most iconic and successful companies in the world, like SolarWinds, Blue Coat, Stamps.com, and SailPoint.

Thoma Bravo has participated in 27 transactions since 2022. The firm also invested in 5 mega-round ($100M+) deals and took multiple companies private at billion-dollar valuations during that time frame.

Using CB Insights data, we mapped how Thoma Bravo spread its investments and acquisitions since 2022 across categories like cybersecurity, financial services, enterprise software, and more.

CB Insights clients can dig deeper into all 27 deals listed above using this CB Insights platform search.

The post Analyzing Thoma Bravo’s investment strategy: Where the PE firm is betting big across key industries appeared first on CB Insights Research.

Payment application programming interface (API) and infrastructure companies enable small and medium-sized businesses (SMBs) to manage payments by providing APIs and infrastructure tech that act like credit card processors. This technology can handle a wide array of payment tasks — from one-time payments to subscription payments to crypto payments — to create a smooth checkout experience for merchants and shoppers.

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The post Market Trend Report: Payment APIs & infrastructure for SMB leaders appeared first on CB Insights Research.

Crypto-as-a-service companies in the market provide the backend infrastructure enabling businesses to offer end users crypto products. Crypto-as-service powers crypto wallets, trading, payments, rewards, and debit and credit cards.

The different types of crypto-as-a-service providers include crypto custodians, exchanges, and middleman application programming interface (API) providers.

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The post Market Trend Report: Crypto-as-a-service for payment leaders appeared first on CB Insights Research.

Blockchain cross-border payments and central bank digital currencies (CBDCs) companies leverage blockchain and distributed ledger technology to help banks, financial institutions, and businesses move funds across multiple entities and countries in real time.

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Fiat-backed stablecoin companies in this market issue stablecoins collateralized by fiat currency. Fiat-backed stablecoins are backed at a 1:1 ratio, meaning 1 stablecoin is equal to 1 unit of currency. For each stablecoin that exists, real fiat currency is held in a bank account.

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The post Market Trend Report: Fiat-backed stablecoins for payment leaders appeared first on CB Insights Research.

Clients can download our scorecard to quickly compare the below vendors. To read the interview transcripts for each solution, reserve your Yardstiq subscription here.

• Feedzai
• Forter
• SEON Technologies
• Sift
• Signifyd

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The post Top fraud prevention companies — and why customers chose them appeared first on CB Insights Research.