[PRESS RELEASE] CFTE Releases Fintech 50: 5 Years in Fintech Report

London, 15 August 2019 – The Centre for Finance, Technology and Entrepreneurship (CFTE) has launched its “Fintech 50: 5 Years in Fintech” report, which takes a look at the most promising 50 Fintech firms in 2014 and how they have fared in the five years since.

Key highlights from the report include:

  • Only two out of the Fintech 50 went bankrupt – a rate of 4%, which is well below the expected failure rate of US startups of 17 out of 50
  • One in four of the Fintech 50 are worth US$1 billion or more today
  • The Fintech 50 now have over 319 million clients – more than Citi, Bank of America and HSBC combined

The report analyses several factors of success such as rapid user acquisition and client retention and monetisation, while also taking into account the impact the firms have had in the industry, including client growth, equity raised, employee growth, valuation, and more.

For media queries, please contact: 

Centre for Finance, Technology and Entrepreneurship 
María Oliver Román 
+44 20 7856 0579

About Centre for Finance, Technology and Entrepreneurship (CFTE)

CFTE is an education platform supported by senior leaders from the largest institutions, startups, and universities. We address the needs of professionals in finance to upskill in a rapidly changing industry being transformed by emerging technologies. More than 50,000 participants learn from our online courses, such as AI in Finance, Fintech Foundation or Extrapreneurship, a mini-MBA with fast-growing startups such as Revolut or Shift Technology.

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Frequently Asked Questions

The Centre for Finance, Technology & Entrepreneurship (CFTE) is a global education platform that aims to equip financial professionals and organisations with the necessary skills to remain competitive in a rapidly changing industry. Our leading training programmes, curated by global industry experts, help talent build skills to join the digital revolution in finance. CFTE’s courses are globally recognised with accreditations from ACT, IBF, CPD, SkillsFuture and ABS.

At CFTE, our mission resonates with every learner’s goals to rapidly advance in their career, to thrive in their next project or even to lead the disruption in finance with their own venture. To help you do this, CFTE gives you the tools you need to master the right skills in digital finance. We bring exclusive insights from leaders that are steering the developments in the financial sphere from global CEOs to disruptive entrepreneurs. With CFTE you don’t just learn what’s in the books, you live the experience by grasping real-world applications.

If you are looking for rich insights into how the Financial Technology arena is transforming from within, we can help you get the latest knowledge that will stir things up in your career. CFTE offers leading online programmes in digital finance, covering an expanse of topics like – Payments, AI, Open Banking, Platforms, Fintech, Intrapreneurship and more, that will help you conquer the financial technology landscape. With this expertise at your disposal, you will be on track to turbocharge your career.

You will be learning from a curated line-up of industry leaders, experts, and entrepreneurs hailing from Fortune 500 companies and Tech Unicorns, among others. They will each be presenting their knowledge and experience in the field of digital finance. No matter if you are embarking on a new journey or fortifying your role, these lecturers and guest experts will guide you through the perspective of established institutions like – Starling Bank, Wells Fargo, tech giants like – Google, IBM, successful startups such as – Kabbage or Plaid, among many more!