S&P Predicts Decline in VC Fintech Funding

  • Global fintech funding has significantly dropped since 2021, with 2023 seeing a 49% reduction compared to the first quarter of 2022.
  • Despite the fall in venture capital, certain fintech models remain attractive even as the sector experiences a ‘burst bubble’.
  • The sector still holds promise due to the interest in artificial intelligence from fintech investors, but the declining trend indicates a shift in the investment landscape.
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