Once a key driver of global venture activity, fintech investment slows around the world

Once a key driver of global venture activity, fintech investment slows around the world

2 years ago
Anonymous $Smh9ljW9Kw

https://techcrunch.com/2022/07/16/once-a-key-driver-of-global-venture-activity-fintech-investment-slows-around-the-world/

As venture capital grew around the world, tracking the fintech market was a fine way to understand the general health of the VC world; when venture was getting bigger, so too was fintech fundraising.

Worth around a fifth of all venture dollars invested last year, fintech startups raised nearly unfathomable sums of capital but with good reason. While companies around the world turned to software during the pandemic to ensure that they could keep operating, accelerating the digital transformation, there has been analogous work going on in the consumer world.