Focus on global startups about the construction of the financial technology witnessed luck improved last year as investors double, and more, the amount of capital flowing into fintech companies, measured on a quarterly basis.
The process from those heights took longer. But, today, look at Q3 2022 data from CB Insights, it is clear that the fintech funding boom is behind us; Even more, global fintech funding is now back to where it was before 2021, suggesting that last year there was more deviation than the new normal for the startup category.
The exchange explores startups, markets and money.
Read it every morning on TechCrunch + or get Exchange Newsletter every Saturday.
It’s a good statistic that about 1 out of every $5 of venture capital raised in 2021 will go to fintech. It’s also no surprise that after a hectic year, fintech fundraising has dropped along with overall joint venture. But the share of venture capital disbursements that fintechs can claim are also decreasing.
Let’s chat through the numbers and then ask ourselves what the new valuation landscape, the changed venture capital market, and the frozen IPO market mean for startups. large and small fintech industries. Work!
