October 8, 2018

September 2018 FinTech VC Funding – Payments, Lending, and InsurTech Topped the Charts


FinTech startups around the world raised $4.49 billion in funding in September 2018 across 146 VC funding deals — a 16% growth from the $3.89 billion raised by FinTech startups in August 2018. Meanwhile, the number of deals saw a minor decrease of 2% from 149 deals in August 2018. Asia dominated global FinTech VC funding in September with 45.3% in contributions in funding value ($2.03 billion) and 26% in the number of deals (38). The Americas were placed second with 31.2% in contributions to the global FinTech VC funding in September by value ($1.4 billion) and 42.5% in the number of deals (62). Country-wise, Japan led the charge in September with 31.2% in contributions in funding value ($1.4 billion) across three funding deals — courtesy the $1.3 billion funding raised by Line, in a bid to expand its payment business. The US came a close second with 29.8% in…

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