CB Insights – State of Fintech, Q3 2025

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

Key findings include: AI-backed fintech company funding reached its highest share in two years; autonomous solutions are increasingly playing a crucial role in fintech, creating a new competitive level; five out of the ten largest deals were related to AI-powered platforms; mid and late-stage deal share reached its highest level since 2022; market exit activity continues to recover, with IPOs reaching a 16-quarter high; digital assets remain a key driver, especially in large M&A deals and public offerings; fintech funding remains at the previous quarter's level, but capital is concentrated in large rounds; the wealth tech sector maintains momentum despite a quarterly funding decline.