Global fintech funding results show 2018 is still the reigning year for fintech investment, according to a report by Crunchbase. The report shows that 2019 was the second highest investment year for fintech over the last decade, more than $14 billion short of the funding the sector received the previous year. This could be down to Ant Financial’s whopping $14 billion Series C round in 2018 which arguably skewed results, once you take this away 2019 is still $600 million short of 2018’s results. Last year saw an overall 1% drop in the amount of venture funding made up of fintech…
Global fintech funding: 2018 still stands as the reigning year