Fintech funding shows signs of stalling in latest CB Insights report
The $7.3 billion raised this quarter marks the lowest figure recorded since the pandemic began in 2020.
The $7.3 billion raised this quarter marks the lowest figure recorded since the pandemic began in 2020.
Taking Stripe out of the equation, funding actually fell 12% over the same period, coming in at $8.5 billion.
Cover story: THE FUTURE CALLS – Three predictions for the year ahead.
VC-backed fintech deals dived from 452 in Q1 to 397 in Q2.
The quarter saw just 404 deals and ended on $6.1 billion.
Data from CB Insights shows a 120% increase from 2017.
European banks are investing in wealthtech, lendtech, paytech, regtech and blockchain.
Driven by surge in India, US and UK, Accenture analysis finds.
2017 saw more acquisitions by top US banks than any other year.
Research company CB Insights has mapped out where the top ten US banks are investing in fintech.
CB Insights has mapped the top venture capital (VC) investors in Europe by country, based on number of portfolio companies the investor had backed. The research company analysed the most active investors in the last five years (2012-2017), including VCs, corporate VCs, growth equity firms and super angels.
Since 2012, the top ten US banks (by assets under management) have participated in 72 rounds totaling $3.6 billion to 56 fintech companies, according to CB Insights. While investment activity dropped on a quarterly basis in Q1 2017, four of the last five quarters have seen over $1 billion invested into fintech start-ups in the US backed by venture capital firms.
European banks are placing strategic bets in areas ranging from wealth management, lending, payments, regulatory technology, software, and blockchain. Which banks were the most active and what did they invest in?