January 3, 2016
December is an international holiday season, when retailers are scoring the highest profits, banks and payments processors are not sleeping waiting for fraud to burn their funds and general population enjoying vacation. However, some FinTech players are not slowing down in the face of winter frost and global vacations. A mass of FinTech enthusiasts managed to score significant funding in December 2015, while others were already looking at 2016 opportunity, crossing December from financial calendars. Let’s look at those passionate FinTechies.
In total, about 81 FinTech companies raised close to $944.5 million in December. US, UK and Australian FinTech are the most represented ones, while China`s FinTech outpaces Australia and UK by the amount raised.