CB Insights – State of Fintech, Q1 2025

The main theme of the report is the analysis of the global state of the fintech industry in the first quarter of 2025, including deals, funding, and market exits of private fintech companies.

Key findings include that 52% of the largest early deals were related to digital assets, including cryptocurrencies and blockchain. 16% of all fintech deals in Q1’25 involved companies working in the field of artificial intelligence. The average Mosaic score for digital banking companies was 559, the highest among sectors. Fintech funding reached $10.3B, the highest level since Q1’23, despite a 3% decline in the number of deals compared to the previous quarter.