Global fintech funding has increased significantly in recent years, reaching $135.7 billion in 2019, up from $111.8 billion in 2018 and $50.8 billion in 2017. There are now over 12,000 fintech startups and more than 40 unicorns. The document discusses the growth and changing business models of several large financial firms as technology disruption transforms the industry. It outlines four phases of fintech development and emphasizes that companies must continually improve and innovate to stay ahead of changes.

1. www.thefinanser.com

2. GLOBAL FINTECH FUNDING
US$135.7 billion in 2019
US$111.8 billion in 2018
US$50.8 billion in 2017
12,000 START-UPS
>40 UNICORNS

8. OCTOBER 2016
$9.2 billion
400 people
OCTOBER 2018
$20 billion
1,000 people
SEPTEMBER 2019
$35 billion
2,000 people

9. SEPTEMBER 2019
$35 billion
2,000 people
$6.5 billion
48,600 people
$14.1 billion
91,400 people
$31.2 billion
125,000 people
$38.6 billion
54,000 people

10. SEPTEMBER 2019
$35 billion
2,000 people
$6.5 billion
48,600 people
$14.1 billion
91,400 people
$31.2 billion
125,000 people
$38.6 billion
54,000 people

11. OCTOBER 2016
$30 billion
130,000 people
OCTOBER 2018
$40 billion
83,500 people

12. FIRM ESTABLISHED EMPLOYEES MKT CAP YE
1692 80,000 $40B
1999 18,700 $105B
1870 97,500 $21B
2015 7,000 $150B
2011 1,000 $20B 5
1799 167,000 $385B 21
Date: October 2016 15
SOMETHING IS CHANGING….
FIRM ESTABLISHED EMPLOYEES MKT CAP EMPLOYEES MKT CAP
1799 235,000 $245B
1999 13,000 $48B
1870 101,000 $17B
2015 5,000 $60B
2011 400 $9.2B
1692 130,000 $30B
Date: October 2018
167,000

13. There are two kinds of corporations emerging from today’s
technology revolution: the disrupted and the disruptor.
JPMorgan Chase is in the midst of a once-in-a-generation
transformation into the latter.

16. “At its heart, our strategy empowers our
businesses to control ‘what’ is produced,
while technology has control of the
‘how’.”

17. FINTECH 1.0

18. FINTECH 2.0

19. FINTECH 3.0

20. FINTECH 4.0

22. WHAT TO DO? HOW TO DO IT?
DO IT! DO IT BETTER … FOREVER!

26. WHAT TO DO?
12-18 months
HOW TO DO IT?
DO IT! DO IT BETTER … FOREVER!

31. WHAT TO DO?
12-18 months
HOW TO DO IT?
12-18 months
DO IT! DO IT BETTER … FOREVER!

39. WHAT TO DO?
12-18 months
HOW TO DO IT?
12-18 months
DO IT!
36-60 months
DO IT BETTER … FOREVER!

41. WHAT TO DO?
12-18 months
HOW TO DO IT?
12-18 months
DO IT!
36-60 months
DO IT BETTER … FOREVER!

42. www.thefinanser.com