Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
In 2024, the total funding amount in the FinTech sector reached $43.5 billion, reflecting a 20% decrease compared to the previous year. The number of deals also fell by 16%.
Global investments in the FinTech industry have been on a declining trend for three consecutive years, according to Innovate Finance. The sector experienced its peak funding levels in 2021, with total investments hitting $136.5 billion. This figure decreased to $92 billion in 2022, $54.2 billion in 2023, and $43.5 billion in 2024.
In 2024, the number of funding deals in FinTech also saw a decline, totaling 6,464 compared to 7,683 in 2023. Analysts attribute this downturn to rising interest rates, geopolitical uncertainties, and a shift in venture capital focus, which have tightened financing conditions in significant markets.
The United States leads in FinTech funding, with companies securing a total of $22 billion. The next three positions are occupied by:
Related Posts
- United Kingdom ($3.6 billion).
- India ($2.2 billion).
- Singapore ($1.4 billion).
Among European countries, aside from the U.K., the leaders in FinTech funding include:
- France ($1.1 billion);
- Germany ($900 million);
- Switzerland ($500 million);
- Netherlands ($400 million).
According to Innovate Finance, funding trends in the FinTech sector generally align with broader VC markets, which have been experiencing a cyclical downturn in recent years. However, 2024 saw a recovery in overall business investments compared to 2023, and FinTech sector investments in the second half of 2024 showed a slight increase compared to the first half of 2024. This suggests that the global FinTech sector may be gearing up for its next phase of growth.
CP Media has prepared a comprehensive analysis of key trends in the financial technology industry for 2025.
Сообщение International FinTech Investments Decline for Third Consecutive Yr появились сначала на CoinsPaid Media.
