Fintech Startups Raised $34b In 2019

Financial services startups raised less money in 2019 than they did in 2018 as VC firms looked to back late stage firms and focused on developing markets, a new report has revealed. According to research firm CB Insights’ annual report published this week, fintech startups across the world raised $33.9 billion* in total last year across 1,912 deals*, down from $40.8 billion they picked up by participating in 2,049 deals the year before. It’s a comprehensive report, which we recommend you read in full here (your email is required to access it), but below are some of the key takeaways. Early stage startups struggled to attract money: Per the report, financing for startups looking to close Seed or Series A dropped to a five-year low in 2019.

Topics:  it s   seed   series a   series b   early-stage   emerging   south america   africa   australia   q3   emergence   next insurance   bight health   flywire   high radius   ripple   figure   insurtech   lemonade   hippo   wefox   bright health   startups   vcs in   u.s    india   open   niyo   funding   germany-based   financial   southeast asia sea     cb insights   paytm   vc   cb insights    early   cb insights    asia   southeast asia   asia   europe   q4   next    year   billion   deals   million   report   rounds   money   services   markets   annual   compared   record   market   building   financing   research   revealed   firms   firm   solutions   businesses   unicorns   globally   dropped   small   five-year   
BING NEWS:
  • How This 26-Year-Old First-Time Founder Raised $55 Million for Her AI Startup
    In November 2023, generative AI-powered video startup Pika announced that it had raised $55 million from a combination of angel investors and VC firms including Lightspeed Venture ...
    04/25/2024 - 9:44 am | View Link
  • Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market
    The fintech startups doing the legwork to make it a reality in smaller markets could become M&A targets for incumbents like Visa. One of these is Y Combinator alum Fintoc, a B2B fintech startup that ...
    04/25/2024 - 5:21 am | View Link
  • Asia Remains Interested In Web3 – For Now
    Startups raised $7 billion in 1,564 deals, compared to $26.6 billion in 2,891 deals a year earlier. In Asia, however, the situation is somewhat more optimistic, including in both China and India – ...
    04/25/2024 - 2:30 am | View Link
  • Indian Startups Raise USD 2 Billion In Q1 Amid Steady Funding Environment
    ( MENAFN - KNN India) New Delhi, Apr 23 (KNN) Indian startups raised USD 2 billion in funding in the January-March 2024 quarter, according to data from market research firm Tracxn. While this marks a ...
    04/22/2024 - 10:19 pm | View Link
  • Startups raise $2 billion in Q4, 40% less than a year ago
    Indian startups raised $2 billion in funding in the Jan-March quarter, data sourced from market research firm Tracxn showed.
    04/22/2024 - 1:21 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News