JFIJarsy FinTech Index
The benchmark for private fintech companies transforming payments, banking infrastructure, and financial services.
Current Value195.60
QoQ+7.2%
YTD+32.0%
Historical Performance
Performance Comparison
Percentage change since Q1 2023
Performance chart showing: JFI: +95.6% from 2023-Q1 to 2025-Q4.
Performance Metrics
Current Value195.60
Quarter-over-Quarter+7.2%
Year-to-Date+32.0%
Since Inception+95.6%
Index Constituents
8 companies| # | Company | Sector | Share Price | Valuation | Total Funding | Weight |
|---|---|---|---|---|---|---|
| 1 |  Stripe | Payments | $36.29 | $129.0B | $9.8B | 41.2% |
| 2 |  Revolut | Digital Banking | $2301.77 | $75.0B | $1.7B | 24.8% |
| 3 |  Plaid | Financial Infrastructure | $53.60 | $13.4B | $734M | 8.9% |
| 4 |  Ramp | Corporate Cards | $28.50 | $12.5B | $1.6B | 7.5% |
| 5 |  Checkout.com | Payments | $42.00 | $11.0B | $1.8B | 5.8% |
| 6 |  Brex | Corporate Cards | $38.00 | $9.5B | $1.5B | 4.8% |
| 7 |  Airwallex | Cross-Border Payments | $22.40 | $5.6B | $900M | 3.8% |
| 8 |  Mercury | Business Banking | $8.20 | $3.5B | $150M | 3.2% |
Index Methodology
The benchmark for private fintech companies transforming payments, banking infrastructure, and financial services.
- Weighting
- Revenue-Multiple Tilt weighted (60% Market Cap, 40% TPV Score based on total payment volume processed).
- Eligibility
- Private fintech companies with minimum $1B valuation, active payment processing or financial infrastructure, and recent secondary market activity.
- Rebalancing
- Quarterly