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FINTECH FUNDING – May 2020: WealthTech, InsurTech & Digital/Neobank Segments Top the Charts

In May 2020, FinTech startups across the globe raised $3.46 billion worth of VC/PE investments across 198 deals. In terms of MoM trends, there was a decrease of 3% from the $3.57 billion raised by FinTechs in terms of VC funding in April 2020. In terms of the number of deals, there was an increase of 23% MoM compared to 160 deals in April.

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