Total financial services industry venture financing deals worth $1.26bn were announced in the US in January 2021, led by $1bn venture financing of Robinhood Financial, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 92.4% over the previous month of $654.96m and a rise of 41.9% when compared with the last 12-month average of $888.11m.

The US held a 35.29% share of the global financial services industry venture financing deal value that totalled $3.57bn in January 2021.

In terms of venture financing deal activity, the US recorded 23 deals during January 2021, marking a decrease of 28.13% over the previous month and a drop of 28.13% over the 12-month average.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

US financial services industry venture financing deals in January 2021: Top deals

The top five financial services industry venture financing deals accounted for 93.2% of the overall value during January 2021.

The combined value of the top five financial services venture financing deals stood at $1.17bn, against the overall value of $1.26bn recorded for the month.

The top five financial services industry venture financing deals of January 2021 tracked by GlobalData were:

1) Ribbit Capital and Sequoia Capital Operations’ $1bn venture financing of Robinhood Financial

2) The $95m venture financing of Rhino New York by Kairos Venture Investments, Lakehouse Equity Fund, Lakestar Advisors and Tiger Global Management

3) BP Ventures, Macquarie Group, Oxy Low Carbon Ventures and Shaw & Partners’ $40m venture financing of Xpansiv CBL Holding Group

4) The $24m venture financing of Parkside Securities by Colle Capital Partners, Enlight Growth Partners, Entree Capital, FinTech Collective, Mubadala-Capital Ventures and Peak6 Investments

5) BNP Paribas, EQT Ventures, Innovation Growth Ventures, Octopus Ventures, Opera Tech Ventures, SBI Investment and Sony Innovation Fund’s venture financing of Token for $15m.