Global startups focused on building financial technology saw their toptechtrends.com/2022/01/19/the-berserk-pace-of-fintech-investing-outshines-the-global-vc-boom/”>fortunes improve last year as investors doubled, and more, the amount of capital flowing into fintech companies, measured on a quarterly basis.
The comedown from those highs took longer. But, today, looking at Q3 2022 data from CB Insights, it’s clear that the fintech funding boom is behind us; even more, global fintech funding activity is now back to where it was before 2021, indicating that last year was more aberration than new normal for the startup category.
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It’s a well-trod statistic that around one in every five venture capital dollars raised in 2021 went to fintech. It is also no huge surprise that after a heady year, fintech fundraising has fallen along with toptechtrends.com/2022/10/08/us-vc-funding-is-holding-up-but-globally-things-are-far-from-fair/”>overall venture activity. But the portion of venture capital disbursement that fintech can lay claim to is also in decline.
Let’s chat through the numbers and then ask ourselves what a new valuation landscape, a changed venture capital market, and a frozen IPO market mean for fintech startups large and small. To work!
toptechtrends.com/2022/10/12/fintech-fundraising-has-reverted-to-the-mean/”>Fintech fundraising has reverted to the mean by toptechtrends.com/author/alex-wilhelm/”>Alex Wilhelm originally published on toptechtrends.com/”>TechCrunch
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