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.
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.