FinTech Funding Analysis from the Last Six Months Reveals Some Interesting Trends

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At MEDICI, we track 12,000 FinTech startups and also keep tabs on funding as well as other information on an ongoing basis. Through bottom-up research, we come up with an analysis of FinTech funding on a monthly basis. This tedious exercise reveals interesting trends from an investment perspective. Here are the FinTech funding trends from the last six months: May In May 2018, FinTech startups across the globe raised $1.75 billion worth of VC investments across 113 deals. In terms of MoM growth, in May 2018, global FinTech funding witnessed a decline of 19.8% from the $2.18 billion raised in April 2018. The US continued to dominate the funding charts with $1.06 billion raised across 51 deals, contributing to 60% of the global FinTech funding (by value) in May. India came a distant second with a 14% ($249.8 million raised across 20 deals) contribution. China, the UK, and Israel contributed…

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