When will China Financial Technology Investment and Financial Return to Heating

The 21st Century Economic Herald reporter Bao Hui Shanghai reported that the total financing of global fintech companies in the first quarter of 2022 was US $ 29.3 billion, and the median value of pre -investment valuation reached a record of US $ 257.5 million, which was 44.5%higher than the average level in 2021. The emerging technological research report released by the industry shows that the early and the scale of seed investment in the industry have also reached a record high.

More than a year ago, the investment and financing of China's fintech industry has fallen into a downturn.

An investor who has long been focusing on the fintech industry investment in the fintech industry told the 21st Century Economic Herald reporter on June 27, "This year, it is affected by the epidemic. The overall domestic PE and VCs are not active. Whether Fintech transactions can be moved depends on policy trends. In the past few years, many domestic institutions that have focused on FINTECH have made generalization or migration in transaction strategies. To the narrow sense of FINTECH, it takes time and policy encouragement. "

Global financing transactions increased by 13.8% year -on -year

Since the beginning of this year, the venture capital industry has been severely affected by factors such as the turbulence of the stock market, geopolitical crises and inflation, and overseas fintech companies have become the key target of capital chase.

According to the latest emerging technology research report released by Pitchbook, the total financing of global fintech companies in the first quarter of 2022 was US $ 29.3 billion, and the median value of pre -drop valuation reached a record of US $ 257.5 million, which was 44.5%higher than the average level in 2021. At the same time, the industry's early and seed investment scale also achieved a record high.

The aforementioned report shows that in the first quarter of 2022, global fintech companies received $ 29.3 billion in venture capital in the 1233 transactions. The fourth quarter of 2021 decreased by 7.3%.

Among them, later transactions still account for most of the total value of the transaction, accounting for 63.8%. Data show that the mid -term fintech pre -investment valuation of venture capital support in the first quarter of this year increased by 44.5%from US $ 178.3 million in 2021 to $ 257.5 million. The median valuation of early investment and angel investment also continued to rise, reaching a new high of $ 63 million and $ 10 million, respectively, an increase of 57.5%and 12.3%from 2021, respectively. The median value of the later transaction has declined compared with US $ 22.8 million in 2021 to $ 20 million. The medium value of early investment and angel investment transactions reached 7.7 million and $ 3 million, respectively, both of which were record highs. From the perspective of the segmentation, the mobile payment company in the first quarter accounted for nearly 1/3 of the total value of global fintech transactions for $ 9.1 billion, becoming the most financing industry, an increase of 12.4%from the previous quarter.

Digital assets have maintained a good momentum. The largest financing of the largest scale is mainly concentrated on digital asset custody platforms, digital asset wallets, and digital asset trading platforms. The loan business performance is as strong as ever. The largest financing amount includes the Singapore SME financing platform Funding Societies (round C, 294 million US dollars), Brazilian consumer credit institution Creditas ($ 260 million), and the British consumer loan service platform Oakbrook Finance ( In the later VC round, $ 189.2 million). It is worth noting that the total amount of financing in the consumer finance and IT finance services industry has the largest contraction, and the financing volume has decreased by 40.8%and 72.7%in the quarter quarter.

Although the total investment in fintech has increased year -on -year, due to the downturn in the secondary market, the main exit methods of the industry have also changed.

The data of the aforementioned report shows that the value of global fintech withdrawal in the first quarter of 2022 declined significantly from last year, with a total withdrawal of only 8.7 billion US dollars, which did not reach 1/10 of the average level last year. Among them, the listing of $ 5 billion was listed, and the acquisition of $ 3.7 billion was acquired. Last year, the industry's listing and mergers and acquisitions withdrawal finances were US $ 342.3 billion and US $ 21.5 billion, respectively.

This means that with the continuous callback of technology stocks, more fintech startups will become the acquisition target of existing companies and other old financial technology companies.

Domestic policy direction is clear

Recently, some media reports said that the Ant Group restarted the listing, but both the CSRC and the Ant Group denied it.

On June 9, 2022, the Securities Regulatory Commission responded to the news of the Ant Group's restarting listing on its official website, saying that "the CSRC did not conduct an evaluation and research work in this area," on the evening of the same day, the Ant Group also announced that the group is in the supervision department. Under the guidance, focusing on the implementation of rectification work, there is no plan to start the IPO.

When the industry's wind direction is unremitted, when will China's fintech investment recover?

A partner of investment institutions who have been focusing on the financial technology field for a long time told the 21st Century Business Herald reporter on June 27, "We are now more concentrated in the direction of enterprise services such as financial digitalization. Attributes, such as payment, wealth management, intelligent investment advisory, and consumer finance, these policies are greaterly affected by policies. Now the digitalization of finance is more technical driver, and it is more capable of using software products and services. At the same time It can also be applied to retail, industry and other industries outside the financial industry. Many investment institutions that originally focused on fintech tracks have made generalization or migration of similar trading strategies. "Traditional fintech focuses on finance more focuses on finance Business attributes, such as payment, wealth management, intelligent investment advisory and consumer finance, but these scenarios are more constrained.

Many investment institutions that originally focused on the fintech track have made this transaction strategy. Now the new direction that is more sought after by investment and finance is financial digital, such as software enterprise services and SASS, which can be applied to financial scenarios and serves financial scenarios to serve financial scenarios and serve finance. Customers can also be applied to other industries.

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