The global fintech sector witnessed extraordinary expansion throughout the *****, achieving its peak in 2018 when more than ***** new fintech startups entered the market. Although the aggregate number of fintech companies continued to increase, the rate of new business formation declined markedly following this peak. This downward trajectory reached a notable point in 2024, with only *** new fintech ventures being launched – the lowest annual figure for new establishments since 2010. However, even with this deceleration in new market entrants, the global fintech ecosystem remained robust, encompassing ****** active companies in 2025, demonstrating the lasting impact of the industry’s previous period of rapid expansion.
