CNBC partnered with independent research firm Statista to establish a transparent overview of the top fintech companies.
In brief:
-Statista analyzed over 1,500 firms across nine different market segments, evaluating each one against a set of key performance indicators, including revenue, user numbers, and total funding raised.
-The final list includes some of the biggest companies in the sector, as well as several up-and-coming startups seeking to mold the future of financial services.
- The categories include:
- Neobanking
- Digital payments
- Digital assets
- Digital financial planning
- Digital wealth management
- Alternate financing
- Alternate lending
- Digital banking solutions
- Digital business solutions
What does this mean?
More than 1,500 fintech companies were assessed by Statista during the analysis period, and over 10,000 data points were assessed, including annual reports, company websites, and news articles.
Statista developed a scoring model for the companies by calculating the aggregated scores on how firms performed versus their respective KPIs — revenues and revenue per employee, for example — along with a separate score on how the companies performed against specific KPIs within their respective market segments.
