KPI Library
Navigate your organization to excellence with 17,288 KPIs at your fingertips.




Why use the KPI Library?

Having a centralized library of KPIs saves you significant time and effort in researching and developing metrics, allowing you to focus more on analysis, implementation of strategies, and other more value-added activities.

This vast range of KPIs across various industries and functions offers the flexibility to tailor Performance Management and Measurement to the unique aspects of your organization, ensuring more precise monitoring and management.

Each KPI in the KPI Library includes 12 attributes:

  • KPI definition
  • Potential business insights [?]
  • Measurement approach/process [?]
  • Standard formula [?]
  • Trend analysis [?]
  • Diagnostic questions [?]
  • Actionable tips [?]
  • Visualization suggestions [?]
  • Risk warnings [?]
  • Tools & technologies [?]
  • Integration points [?]
  • Change impact [?]
It is designed to enhance Strategic Decision Making and Performance Management for executives and business leaders. Our KPI Library serves as a resource for identifying, understanding, and maintaining relevant competitive performance metrics.

Need KPIs for a function not listed? Email us at support@flevy.com.


We have 56 KPIs on FinTech in our database. KPIs in the FinTech industry are crucial for measuring technological innovation, customer acquisition, and financial performance. Innovation-related metrics, such as development cycle time, feature adoption rates, and technology scalability, provide insights into the effectiveness and advancement of FinTech solutions.

Customer-related KPIs, including user growth, retention rates, and net promoter scores, help gauge the acceptance and satisfaction of FinTech products. Financial KPIs, such as revenue growth, transaction volume, and customer acquisition cost, are essential for assessing the economic viability and market position of FinTech companies. Risk management KPIs, including fraud detection rates and compliance adherence, ensure the security and regulatory compliance of FinTech operations. Operational KPIs, such as system uptime and response times, are also critical for maintaining a reliable and seamless user experience. These KPIs enable FinTech companies to refine their technological offerings, improve customer experience, and achieve sustainable growth. By leveraging these indicators, companies can drive innovation, enhance financial inclusion, and maintain competitive advantage in the rapidly evolving FinTech industry.

  Navigate your organization to excellence with 17,288 KPIs at your fingertips.
$189/year
KPI Definition Business Insights [?] Measurement Approach Standard Formula
Active Users

More Details

The number of users who have engaged with a FinTech service or platform within a specific time frame, often divided into daily active users (DAU) and monthly active users (MAU). Insights into the platform's engagement levels and growth trends. Considers the number of unique users who have interacted with the platform or service within a specific timeframe. No standard formula as it directly counts unique users in a given period.
Annual Recurring Revenue (ARR)

More Details

The amount of money that a company expects to receive from its customers annually for providing them with products or services. Provides insights into the company's financial health and stability from recurring revenue streams. Considers the total revenue generated from subscriptions or services on a yearly basis. Total Subscription Revenue Over One Year
Average Revenue Per User (ARPU)

More Details

The average revenue generated per user or unit over a specific period, indicating the value each customer brings to the company. Indicates the value generated from each user, helping in understanding revenue generation efficiency. Revenue divided by the total number of users. Total Revenue / Total Number of Users
KPI Library
$189/year

Navigate your organization to excellence with 17,288 KPIs at your fingertips.


Subscribe to the KPI Library

CORE BENEFITS

  • 56 KPIs under FinTech
  • 17,288 total KPIs (and growing)
  • 360 total KPI groups
  • 107 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.

Average Transaction Value (ATV)

More Details

The average amount of money spent per transaction on a FinTech platform. Helps understand the average amount spent per transaction, indicating customer spending behavior. Total revenue divided by the number of transactions. Total Revenue / Total Number of Transactions
Capital Efficiency

More Details

The measure of how effectively a company uses its financial resources to generate revenue growth. Insights into how effectively the company uses its capital to generate revenue. Measures the company's ability to generate revenue with the least amount of capital investment. Revenue / Total Capital Employed
Churn Rate

More Details

The percentage of customers or subscribers who cancel or do not renew their subscriptions during a given time period. Indicates customer retention and satisfaction levels, crucial for long-term sustainability. The percentage of customers who stop using the service over a specific period. (Number of Customers at Start of Period - Number of Customers at End of Period) / Number of Customers at Start of Period * 100

Additional Critical KPI Categories for FinTech

In the FinTech industry, selecting the right KPIs goes beyond just industry-specific metrics. Additional KPI categories that are crucial for this sector include customer experience, regulatory compliance, cybersecurity, and scalability. Each of these categories provides critical insights that can help executives make informed decisions and drive organizational success.

Customer experience KPIs are paramount in the FinTech sector. Metrics such as Net Promoter Score (NPS), Customer Satisfaction Score (CSAT), and Customer Effort Score (CES) offer valuable insights into how well an organization is meeting customer expectations. According to a McKinsey report, companies that excel in customer experience grow revenues 4-8% above their market average. In an industry where customer trust and loyalty are vital, these KPIs can be game-changers.

Regulatory compliance is another critical area. FinTech organizations operate in a highly regulated environment, and non-compliance can lead to severe penalties and reputational damage. KPIs like the number of compliance breaches, time to compliance, and audit pass rates are essential for monitoring adherence to regulatory standards. A Deloitte study highlights that regulatory compliance costs can account for up to 20% of a FinTech's operational expenses, making it crucial to track these metrics diligently.

Cybersecurity KPIs are indispensable given the sensitive nature of financial data handled by FinTech companies. Metrics such as the number of data breaches, mean time to detect (MTTD), and mean time to resolve (MTTR) provide a clear picture of an organization's cybersecurity posture. According to a report by Accenture, the average cost of a cyberattack in the financial sector is $18.3 million, underscoring the importance of robust cybersecurity measures.

Scalability is another vital KPI category. As FinTech organizations grow, they must ensure their systems and processes can scale efficiently. Metrics like system uptime, transaction processing time, and user growth rate are crucial for assessing scalability. A Gartner report indicates that 56% of FinTech startups fail due to scalability issues, highlighting the need for rigorous monitoring in this area.

In addition to these categories, financial performance KPIs such as revenue growth, customer acquisition cost (CAC), and lifetime value (LTV) remain fundamental. These metrics offer a comprehensive view of an organization's financial health and long-term viability. Bain & Company notes that organizations with a strong focus on financial performance metrics are more likely to achieve sustainable growth.

Explore this KPI Library for KPIs in these other categories (through the navigation menu on the left). Let us know if you have any issues or questions about these other KPIs.

FinTech KPI Implementation Case Study

Consider a leading FinTech organization, Revolut, which faced significant challenges in customer retention and operational efficiency. The organization grappled with high customer churn rates and inefficiencies in their transaction processing systems, impacting their overall performance and stakeholder confidence.

Revolut implemented a robust KPI framework to address these issues. They focused on customer experience KPIs such as Net Promoter Score (NPS) and Customer Satisfaction Score (CSAT) to gauge customer loyalty and satisfaction. They also monitored operational efficiency KPIs like transaction processing time and system uptime to ensure seamless service delivery. These KPIs were selected because they directly impacted customer retention and operational performance, which were the primary areas of concern.

The results were impressive. Within six months, Revolut saw a 20% increase in NPS and a 15% reduction in transaction processing time. These improvements led to a 10% decrease in customer churn and a 12% increase in customer acquisition. The organization also achieved a 99.9% system uptime, significantly enhancing their service reliability.

Lessons learned from Revolut's experience include the importance of selecting KPIs that align with organizational goals and the need for real-time monitoring to enable quick decision-making. Best practices involve integrating KPI tracking into daily operations and fostering a data-driven culture across the organization. Revolut's success underscores the value of a well-structured KPI framework in driving performance improvements.

KPI Library
$189/year

Navigate your organization to excellence with 17,288 KPIs at your fingertips.


Subscribe to the KPI Library

CORE BENEFITS

  • 56 KPIs under FinTech
  • 17,288 total KPIs (and growing)
  • 360 total KPI groups
  • 107 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.

FAQs on FinTech KPIs

What are the most important KPIs for a FinTech startup?

The most important KPIs for a FinTech startup include Customer Acquisition Cost (CAC), Lifetime Value (LTV), Monthly Recurring Revenue (MRR), and Churn Rate. These KPIs provide insights into customer acquisition efficiency, long-term profitability, revenue stability, and customer retention.

How can KPIs improve regulatory compliance in FinTech?

KPIs can improve regulatory compliance by providing measurable benchmarks such as the number of compliance breaches, time to compliance, and audit pass rates. These metrics help organizations monitor adherence to regulatory standards and identify areas for improvement.

What role do cybersecurity KPIs play in FinTech?

Cybersecurity KPIs such as the number of data breaches, mean time to detect (MTTD), and mean time to resolve (MTTR) are crucial for assessing an organization's cybersecurity posture. These metrics help in identifying vulnerabilities and improving response times to cyber threats.

How do customer experience KPIs impact FinTech growth?

Customer experience KPIs like Net Promoter Score (NPS), Customer Satisfaction Score (CSAT), and Customer Effort Score (CES) impact FinTech growth by providing insights into customer loyalty and satisfaction. High scores in these KPIs often correlate with increased customer retention and acquisition.

What are the key financial performance KPIs for FinTech?

Key financial performance KPIs for FinTech include revenue growth, customer acquisition cost (CAC), and lifetime value (LTV). These metrics offer a comprehensive view of an organization's financial health and long-term viability.

Why is scalability important in FinTech KPIs?

Scalability is important in FinTech KPIs because it ensures that systems and processes can handle growth efficiently. Metrics like system uptime, transaction processing time, and user growth rate are crucial for assessing scalability and preventing operational bottlenecks.

How can KPIs help in improving operational efficiency in FinTech?

KPIs can help in improving operational efficiency by providing measurable benchmarks such as transaction processing time, system uptime, and operational costs. These metrics enable organizations to identify inefficiencies and implement corrective actions.

What are the best practices for implementing KPIs in FinTech?

Best practices for implementing KPIs in FinTech include aligning KPIs with organizational goals, integrating KPI tracking into daily operations, and fostering a data-driven culture. Real-time monitoring and regular reviews are also essential for effective KPI management.

KPI Library
$189/year

Navigate your organization to excellence with 17,288 KPIs at your fingertips.


Subscribe to the KPI Library

CORE BENEFITS

  • 56 KPIs under FinTech
  • 17,288 total KPIs (and growing)
  • 360 total KPI groups
  • 107 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.




Related Resources on the Flevy Marketplace




Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab


Download our FREE Complete Guides to KPIs

This is a set of 4 detailed whitepapers on KPI master. These guides delve into over 250+ essential KPIs that drive organizational success in Strategy, Human Resources, Innovation, and Supply Chain. Each whitepaper also includes specific case studies and success stories to add in KPI understanding and implementation.