The 2018 Fintech 100, a collaboration between KPMG Fintech and financial technology investment firm H2 Ventures, was announced in Sydney on Oct 23.
As the fifth edition of the annual report, the Fintech 100 includes the "Leading 50" fintech firms around the globe, ranked based on innovation, capital raising activity, size and reach. The "Emerging 50" are new firms at the forefront of innovative technologies and practices and often pursue new business models.
Chinese fintech firms continue to dominate the top of the list, accounting for three of the top five places on the Leading 50, with Ant Financial first, JD Finance second and Baidu fourth. Let's take a look at the top 10 companies in the Fintech 100 for 2018.
No 10 Lufax (China)
The office of Lufax.com is seen in Shanghai on May 1, 2014. [Photo/VCG]
No 9 Atom Bank (UK)
Bridget Rosewell, chairman of Atom Bank, addresses the Northern Powerhouse Business Summit Boiler Shop in Newcastle, Britain on July 5, 2018. [Photo/Agencies]
No 8 Robinhood (US)
Robinhood co-founders Vlad Tenev, left, and Baiju Bhatt pose at company headquarters in Palo Alto, California on Dec 2, 2015. [Photo/IC]
No 7 Nubank (Brazil)
The logo of Nubank, a Brazilian Fintech startup, is pictured at the bank's headquarters in Sao Paulo, Brazil on June 19, 2018. [Photo/Agencies]
No 6 Oscar Health (US)
An Oscar flag flies at the Puck Building in New York on July 18, 2017. [Photo/IC]
No 5 Sofi (US)
An advertisement for Social Finance Inc., a fintech personal finance startup, in New York promotes refinancing student loans, seen on Jan 20, 2017. [Photo/IC]
No 4 Baidu (Du Xiaoman Financial) (China)
Audiences visit the Baidu Du Xiaoman Financial booth at the 2018 Baidu AI Developer Conference in Beijing on July 4, 2018. [Photo/VCG]
No 3 Grab (Singapore)
Anthony Tan, co-founder and chief executive officer of Grab, poses for a photograph in Singapore on July 9, 2018. [Photo/VCG]
No 2 JD Finance (China)
The JD Finance booth during an exhibition in Fuzhou, Fujian province on June 10, 2018. [Photo/VCG]
No 1 Ant Financial (China)
A logo of Ant Financial on display at an Ant Financial event in Hong Kong on Nov 1, 2016. [Photo/VCG]
