April 27, 2020
In Q1 2020, FinTechs around the world raised $10.11 billion in investments from 620 deals with a 13.5% QoQ decrease in total funding raised compared to Q4 2019. From 546 deals, FinTech startups were able to raise $11.69 billion in funding in Q4 2019. In terms of the number of deals, there was a growth of 13.55% QoQ in Q1 2020 compared to Q4 2019. It's interesting to note that the funding for FinTechs in Q1 2020 was majorly dominated by the top six segments in this quarter.