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Fintech in Distress: EMEA Sector Faces Major Funding Crunch in H1 2023

Fintech in Distress: EMEA Sector Faces Major Funding Crunch in H1 2023
The first half of 2023 spelled a tough time for the global fintech market, most notably for the European fintech industry, which saw funding shrink by more than half compared to the preceding period. This coincides with an overall decrease in global fintech funding, highlighting the adverse effects of various geopolitical and macroeconomic challenges on the sector.Fintech Funding Falls by $11 BillionIn H2 2022, fintech funding stood at $63.2 billion across 2,885 deals. However, H1 2023 experienc... Read More
Posted: Jul 31 2023, 10:19
Author Name: financemagnates
Views: 102032

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