Global FinTech deal activity dropped 42% in May 2023 YoY. Key Global FinTech investment stats in May 2023: ? FinTech deal activity reached 452 transactions in May 2023, a 42% drop from May 2022 ? FinTech companies raised a combined $3.2bn in May 2023, a 65% reduction YoY ? The USA was the most active FinTech country in May with a 42% share of total deals Source: FinTech Global #fintech #fintechstartups #venturecapital #angelinvestors #startups #vc #vcfunding #fintechindustry #fintechnews
Strategy Consultant Banking @ Accenture | Let’s leverage Technology in Banking
1 年Maybe the FinTechs did not mention "AI" enough in their pitch decks ??... jokes aside I think the time for raising money is hard right now with all going on in the banking sector and the investors focus on profitatbility!