The $2.4bn venture financing of Robinhood Financial was the financial services industry’s top venture financing deal as total deals worth $3.46bn were announced globally in February 2021, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • 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 a decrease of 20.1% over the previous month of $4.33bn and a rise of 107.2% when compared with the last 12-month average, which stood at $1.67bn.

Comparing venture financing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $2.97bn. At the country level, the US topped the list in terms of deal value at $2.95bn.

In terms of volumes, North America emerged as the top region for financial services industry venture financing deals globally, followed by Asia-Pacific and then Europe.

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.

The top country in terms of venture financing deals activity in February 2021 was the US with 38 deals, followed by the UK with six and India with four.

In 2021, as of February, financial services venture financing deals worth $7.8bn were announced globally, marking an increase of 186.3% year on year.

financial services industry venture financing deals in February 2021: Top deals

The top five financial services industry venture financing deals accounted for 82.7% of the overall value during February 2021.

The combined value of the top five financial services venture financing deals stood at $2.86bn, against the overall value of $3.46bn recorded for the month.

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

1) Andreessen Horowitz, ICONIQ Capital, Index Ventures, New Enterprise Associates, Ribbit Capital and Sequoia Capital Operations’ $2.4bn venture financing of Robinhood Financial

2) The $125m venture financing of Stash Financial by Eldridge Industries, Entree Capital, Goodwater Capital, Owl Ventures and T Rowe Price Associates

3) Access Industries, Eldridge Industries, GV Management Co, Kyle Bass, Lakestar Capital, Lightspeed Management Company, Moore Strategic Ventures and Rovida Advisors’ $120m venture financing of Blockchain Luxembourg

4) The $110m venture financing of Tyme by APIS GROWTH FUND II L.P and JG Summit Holdings

5) Amplo, Beenext, Coatue Management, Insight Partners, Ribbit Capital, Sequoia Capital and Steadview Capital’s venture financing of BharatPe for $108m.