Here are comparative growth charts of some Fintech Startups, identified by PrivCo as IPO candidates in 2017. IPqwery charted their overall IP filings (patents plus trademarks) and funding rounds.
For our sample, we chose 4 companies that had a similar number of total IP filings, although the relative number of patents vs trademarks are varied within the group. One additional company (boku) was included as an outlier, having many more filings than the others (the vast majority of them being patents).
Not surprisingly, overall there seems to be a positive relationship between funding and filing activity. Generally, the rate of IP filing increases in close proximity to funding rounds, whether for patents or trademarks. Perhaps naturally, securing IP for any startup may bode well for investors.