Introduction Venture capital flows into financial technology companies fell for the second year, dropping 42% year over year to $35.45 billion in 2023, according to our analysis of S&P Global Market Intelligence data. Funding deal volumes dropped 35% to 2,124 as venture capitalists retreated from deploying capital amid a tightened funding environment. In 2022, fintech funding c...
READVenture capital flows into financial technology companies plunged globally by 36% year over year to $6 billion in the third quarter of 2023, according to our analysis of S&P Global Market Intelligence data. Funding deal volumes dropped 39% to 484 transactions. However, in what could be an encouraging sign for the industry, mature startups, which were hit the hardest in the prev...
READIntroduction Venture capital funding of fintech startups has plunged globally by 49% year over year to $23 billion in the first half of 2023 amid an economic downturn, according to our analysis of S&P Global Market Intelligence data. However, it is worth noting that the slide in aggregate funding value started during the second half of 2022. Compared with H2 2022, fintech fundi...
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