https://techcrunch.com/2022/03/29/a-look-at-all-35-international-fintech-startups-at-ycs-winter-2022-demo-day/

As more banking, e-commerce and insurance startups work to improve the way business is done in emerging countries, it should come as no surprise that this winter’s Y Combinator batch is rife with related efforts. There are 35 companies this year, just over double the amount in the 2021 winter batch and up from 18 in the summer program, according to the organization’s directory.

What you’ll notice about this year’s cohort is the prevalence of companies from Nigeria, Indonesia and Argentina, all areas that have seen an abundance of venture capital funding into fintech in recent years, though nearly every country at this point is attracting investor interest. Indeed, according to CB Insights, global fintech funding reached a record $132 billion in 2021, more than two times the amount related companies raised in 2020 and accounting for a whopping 21% of all venture dollars.