Connecting the dots in FinTech...的动态

The first quarter of the year has kicked off slowly for fintechs as funding fell 18 per cent quarter on quarter to $28.8bn, despite deals reaching a record high, according to CB Insights data. While this decline was the largest percentage drop in quarterly funding since 2018, it was still the fourth-strongest quarter for funding on record, and a few geographic areas have still managed to thrive. Europe and Canada led the way with increases in quarterly funding despite general funding falling almost uniformly across the board, including in wealth tech, banking, payments and inusrtech. With the fifth-highest level of funding, Canada saw the biggest quarter on quarter increase as its funding increased by a huge 80 per cent, bringing it to $615m with a record 39 deals. The biggest upset to the trend, however, comes from Europe, where funding rose by 39 per cent to $7.9m despite a slight dip in deals, bringing it closer to rivalling Asia, which still remains second to the US. Read the full AltFi article written by Amelia Isaacs through the link in the comments below. ?? #dondeals #funding #fintech #fintechfunding #investors #investment #financialtechnology #financialservices