We all know that Q1 was a crazy quarter for fintech fundraising - but just how crazy was it?
Fintech companies raised *$17.7 BILLION* in Q1, more than 55% over the highest quarter we've ever tracked.
Fintech companies raised *$17.7 BILLION* in Q1, more than 55% over the highest quarter we've ever tracked.
The number of #fintech deals has been sharply ticking upwards:
- 130 funding rounds in Q1 '20
- Up to 211 rounds in Q4 '20
- Up to *301* rounds in the last quarter
- 130 funding rounds in Q1 '20
- Up to 211 rounds in Q4 '20
- Up to *301* rounds in the last quarter
Put differently, funding grew quarter-to-quarter at an 800% CAGR.
Against Q1 '20 (which itself was already showing signs of a frenzy...), venture funding into fintech has still grown at a 160% CAGR.
Against Q1 '20 (which itself was already showing signs of a frenzy...), venture funding into fintech has still grown at a 160% CAGR.
And there are many new and exciting product areas seeing new investment demand:
- Climate + Fintech
- Crypto + Fintech
- Business PFMs
- Charity Fundraising
- Creator Economy
The full writeup is available here -
thisweekinfintech.substack.com/p/signals-41-q…
- Climate + Fintech
- Crypto + Fintech
- Business PFMs
- Charity Fundraising
- Creator Economy
The full writeup is available here -
thisweekinfintech.substack.com/p/signals-41-q…
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