cust.co / NRR Benchmark / Fintech SaaS

Fintech SaaS NRR Benchmark

Net Revenue Retention across 14 fintech saas companies in the cust.co dataset, aggregated across all funding stages and ACV bands.

Latest median NRR · FY-2026
110%
up +1pp QoQ · up +1.5pp YoY
14 companies
74 verified disclosures
P25–P75: 106% – 115%

NRR over time - vertical-wide

90%100%110%120%130% 100% 2019-Q42021-Q12022-Q12024-Q12025-Q1FY26 Median NRR (vertical) Shaded area: 25th–75th percentile range across contributing companies 2019-Q4 - 111% (AVLR) 2020-Q1 - 109% (AVLR) 2020-Q2 - 107% (AVLR) 2020-Q3 - 108% (AVLR) 2020-Q4 - 115% (AVLR) 2021-Q1 - 107% (AVLR) 2021-Q2 - 115% (QTWO, AVLR) 2021-Q3 - 112% (AVLR) FY-2021 - 127% (MORN) 2021-Q4 - 116% (AVLR) 2022-Q1 - 115% (AVLR) 2022-Q2 - 113% (AVLR) FY-2022 - 105% (QTWO, VRSK, GRAB) FY-2023 - 105% (QTWO, FLYW, VRSK, GRAB) 2023-Q4 - 108% (CWAN, QTWO) 2024-Q1 - 106% (NCNO) 2024-Q2 - 109% (CWAN, CCCS) 2024-Q3 - 114% (CCCS, CWAN, FLYW) FY-2024 - 114% (QTWO, FLYW, DLO, RSKD, GLBE) 2024-Q4 - 109% (CWAN, QTWO, RSKD, NCR, CCCS, FLYW, DLO) 2025-Q1 - 106% (NCNO, CWAN, DLO, CCCS, RSKD) 2025-Q2 - 107% (QTWO, CWAN, CCCS) 2025-Q3 - 109% (QTWO, CWAN, DLO, CCCS) 2025-Q4 - 114% (NCNO, CWAN, QTWO, RSKD, DLO, GLBE, CCCS) 2026-Q1 - 110% (NCNO, CCCS, CWAN, DLO) FY-2025 - 109% (CWAN, NCNO, GLBE, QTWO, FLYW, CCCS, ALKT, MORN, RSKD, DLO) FY-2026 - 110% (NCNO) 127% peak 110% P25–P75 spread
2019-Q4 → FY-2026

Each point is the median across all fintech saas companies that disclosed in that period. Shaded area = 25th-75th percentile range.

Cells in this vertical

3 (stage × ACV band) cells with verified data. Click a row to drill into peer-cell distribution + top performers.

StageACV bandLatest medianHistorySample
Public $500K+ ACV 110% FY2024-Q4: 106%FY-2025: 111%FY2025-Q4: 106%FY2026-Q3: 116%FY2026-Q4: 112%FY-2026: 110% 2 co · 7 obs View →
Public $100K-$500K ACV 108% FY2021-Q2: 113%FY-2022: 108%FY-2023: 105%FY2023-Q4: 108%FY2024-Q2: 109%FY2024-Q3: 110%FY-2024: 114%FY2024-Q4: 107%FY2025-Q1: 104%FY2025-Q2: 107%FY2025-Q3: 109%FY-2025: 111%FY2025-Q4: 113%FY2026-Q1: 108% 8 co · 47 obs View →
Public $25K-$100K ACV 105.5% FY2019-Q4: 111%FY2020-Q1: 109%FY2020-Q2: 107%FY2020-Q3: 108%FY2020-Q4: 115%FY2021-Q1: 107%FY2021-Q2: 116%FY2021-Q3: 112%FY-2021: 127%FY2021-Q4: 116%FY2022-Q1: 115%FY2022-Q2: 113%FY-2023: 125%FY2024-Q3: 120%FY-2024: 114%FY2024-Q4: 114%FY-2025: 106% 3 co · 18 obs View →

Companies in this vertical

14 verified companies. Showing top 12 alphabetically.

Alkami ALKT
115%
Public · $500K+ ACV
Avalara AVLR
113%
Public · $25K-$100K ACV
FY2019-Q4: 111%FY2020-Q1: 109%FY2020-Q2: 107%FY2020-Q3: 108%FY2020-Q4: 115%FY2021-Q1: 107%FY2021-Q2: 116%FY2021-Q3: 112%FY2021-Q4: 116%FY2022-Q1: 115%FY2022-Q2: 113%
CCC Intelligent Solutions CCCS
107%
Public · $100K-$500K ACV
FY2024-Q2: 107%FY2024-Q3: 106%FY2024-Q4: 105%FY2025-Q1: 107%FY2025-Q2: 107%FY2025-Q3: 105%FY2025-Q4: 106%FY-2025: 106%FY2026-Q1: 107%
Clearwater Analytics CWAN
108%
Public · $100K-$500K ACV
FY2023-Q4: 107%FY2024-Q2: 110%FY2024-Q3: 114%FY2024-Q4: 116%FY2025-Q1: 98%FY2025-Q2: 98%FY2025-Q3: 108%FY2025-Q4: 114%FY-2025: 108%FY2026-Q1: 108%
DLocal DLO
152%
Public · $100K-$500K ACV
FY-2024: 140%FY2024-Q4: 140%FY2025-Q1: 144%FY2025-Q3: 149%FY2025-Q4: 145%FY-2025: 149%FY2026-Q1: 152%
Flywire FLYW
110%
Public · $25K-$100K ACV
FY-2023: 125%FY2024-Q3: 120%FY-2024: 114%FY2024-Q4: 114%FY-2025: 110%
Global-e Online GLBE
122%
Public · $100K-$500K ACV
FY-2024: 119%FY2025-Q4: 122%FY-2025: 122%
Grab Holdings GRAB
98%
Public · Under $5K ACV
FY-2022: 92%FY-2023: 98%
Morningstar MORN
101%
Public · $25K-$100K ACV
FY-2021: 127%FY-2025: 101%
nCino NCNO
110%
Public · $500K+ ACV
FY2024-Q4: 106%FY-2025: 106%FY2025-Q4: 106%FY2026-Q3: 116%FY2026-Q4: 112%FY-2026: 110%
NCR Atleos NCR
98%
Public · $100K-$500K ACV
Q2 Holdings QTWO
113%
Public · $100K-$500K ACV
FY2021-Q2: 113%FY-2022: 110%FY-2023: 108%FY2023-Q4: 108%FY-2024: 109%FY2024-Q4: 109%FY2025-Q2: 109%FY2025-Q3: 109%FY-2025: 113%FY2025-Q4: 113%

See all 14 fintech saas companies →

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