Top 20 investors in Eastern Asia with the biggest sum of Early funding rounds in FinTech industry over the recent years

Intro

FinTech is the industry on the border of finance and new technology including micro lending, payments, personal finance, and financial software. With the spread of smartphones and internet the industry started to grow exponentially, particularly in Eastern Asia, which attracts investors. The industry managed to raise $8.8B in Early funding rounds, which is 20.8% of the total amount of money raised in the FinTech industry in the region over the last 5 years. The next chart contains the top 20 investors according to the total money raised in the funding rounds.

Top 20 investors in Eastern Asia with the biggest sum of Early funding rounds in FinTech industry over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – Funds mostly located in China which hosts 13 funds, but also in Japan and South Korea. However, the most common city is Tokyo in Japan which is home to 5 funds, but there are also funds from Beijing, Xuhui and Shanghai. Funds tend to invest in China, Japan, The United States, and South Korea, with the majority of funds investing in the country of their establishment.
• Industry Focus – Funds mostly invest in Finance, but also in Business Development, Manufacturing and Telecommunications.
• Important Years – Funds are very different in their age while the oldest fund in the sample was founded in 1858 and the newest one in 2014. However, in 2008 the largest amount of funds were founded and 2018 holds the most deals for 9 VCs. 2019, 2020 and 2017 were also fruitful. The largest number of successful exits happened between 2009 and 2021 years, but for some funds, 2018 became the year with the most successful exits.
• Investments – Usually VCs take part in 7 – 12 funding rounds per year, sometimes in 2, but the minimum number of funding rounds for VCs in the sample is 2 and the maximum is 687. Average number of funding rounds is 189.7 while median is 169.0 while the most common amount of funding rounds for VCs in the sample is 116. Minimum amount of lead investments for funds is 1 and maximum is 113. Average amount of lead investments is 39.0 while median is 36.0. The most common amount of lead investments is 23. Index of difference in percentage points of lead investments from the average is between -21.3 and 27.41 for funds in the sample. The average value for this difference is 3.69 and the median is 2.41. It means that these funds act as lead investors more often than other funds.
• Typical Rounds – VCs usually participate in rounds with 4 – 5 investors and less often in rounds with 3 – 4 investors. The most common round size for VCs in the sample is 10 – 50 million and less common range is between 100 and 500 million. A Funds’ average multiplicator for portfolio companies at the last known valuation is close to zero at minimum, which is also the most common multiplicator value, and 7.89 at maximum. Average value for this multiplicator is 2.66 and median is 1.87.