Last year, $42.6 billion, across 3,423 deals, was invested in the fintech area. That’s down more than 25% and 22% respectively. To put those numbers in perspective, though, 2019 was still the second biggest year for such transactions behind only a monster 2018.
Estimated reading time: 0 minutes, 20 seconds
Deals, Investments Way Down in 2019: Report
Despite a decade of rapid growth, fintech saw a steep drop from 2018 to 2019, according to a recent report from Crunchbase. So reports Vator.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-