September 17, 2018

August 2018 FinTech VC Funding – Blockchain, InsurTech & Lending Topped the Charts

In August 2018, FinTech startups across the globe raised $3.89 billion worth of VC/PE investments across 149 deals. In terms of MoM trends, there was a significant growth of 21% from the $3.23 billion raised by FinTechs in terms of VC/PE funding in July 2018. In terms of the number of deals, there was a 12% decline (MoM) from the 171 VC funding deals in July 2018. In region-specific terms, Asia dominated global FinTech VC funding in August with 54.3% in contributions in terms of funding value ($2.11 billion) and 26.8% in terms of the number of deals (40). Americas placed second with 34.4% in contributions to global FinTech VC funding by value ($1.34 billion) and 46.3% in terms of the number of deals (69). In terms of the countries, China led the global FinTech VC funding race with $1.25 billion raised across 9 deals, contributing to 32.1% of the…

Leave a Reply

Your email address will not be published. Required fields are marked *