Sampath Sharma Nariyani, senior fintech research analyst at S&P Global Market Intelligence notes that “the decline in fintech-focused venture capital (VC) investment during 3Q2024 reflects a further deterioration in the funding landscape”.
Venture capital (VC) investments into fintech startups worldwide in 3Q2024 have declined q-o-q by 27% in total amount and 20% in total rounds, according to a report by S&P Global Market Intelligence.
Fintech startups worldwide have engaged in 370 funding rounds worth US$6.4 billion ($8.37 billion) in 3Q2024, representing a 22% fall in round count and 8% increase in dollar value y-o-y.
