1/ FT Partners maintains the most comprehensive database of global #FinTech deal activity … some observations on Q2 activity levels …
2/ Overall, financing activity slowed notably compared to Q1 and the year ago period, but activity remained quite robust when compared to any other period besides 2021; activity did appear to wane as the quarter progressed
3/ In Q2 2022, total dollar volume raised by private FinTech companies reached $27.5 billion, down 27% compared to Q1 and down 31% compared to the year ago period; still Q2 was above every quarter prior to 2021
4/ The pace of $50 million+ financing rounds announced each week declined in Q2 2022; during Q1 2022, there was an average of 15 large financing rounds announced on a weekly basis, while in Q2, the average decreased to 11 per week
5/ Similarly, during Q2 2022 there were fewer $100 million+ FinTech financing rounds announced than the last five quarters
6/ Additionally, only two mega FinTech funding rounds of $500 million+ occurred in Q2 2022, compared to six or more each quarter since the start of 2021, with a high of 11 in Q2 2021
7/ At the end of the first half of 2022, the Crypto & Blockchain sector remained the most active within FinTech – Crypto & Blockchain companies represented four of the top ten largest financing rounds in Q2 2022
8/ FinTech SPAC mergers continued in the first half of 2022, albeit at a much slower pace than in 2021; furthermore, five previously announced SPAC mergers were cancelled in 2022 during the first half
9/ There were no FinTech IPOs in the first half of 2022 (over $30 million)
10/ Q2 2022 recorded the lowest number of $1 billion+ FinTech M&A deals since Q2 2020
11/ Stay tuned for all of the in-depth details on Q2 FinTech deal activity in FT Partners’ Q2 2022 FinTech Insights Report to be published soon!
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