Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Mahi Sall is the CEO & Founder of FinXpair, a Berlin-based strategic advisory boutique firm focu[...]
CB Insights Report: The State Of Fintech: Q3 2022
CB Insights | Oct 18, 2022
Fintech investment activity continues to slow down in Q3'22 as quarterly funding returns to pre-2021 levels.
- Global fintech funding fell 38% quarter-over-quarter (QoQ) to hit $12.9B — matching Q4’20’s level. Deals fell slightly, dropping 9% QoQ to reach 1,160.
- Mega-rounds also accounted for a smaller percentage of total funding (34%) compared to the average of 66% in 2021.
See: Plaid’s Annual ‘Fintech Effect’ Report Shows 84% of UK Consumers Use Fintechs to Manage Money
- Mega-round funding came in at $4.4B, the lowest level seen since 2018.
- Fintech unicorn births fell below double digits for the first time since 2020, with just 6 new unicorns in Q3’22.
- M&A deals dropped 14% QoQ to 155 deals, an 8-quarter low. The number of SPACs surpassed IPOs for the first time ever.
- Europe (32%) surpassed the US (24%) in late-stage deal share for the first time since Q4’18.
Register to download 197 page PDF report --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
 |  |  |
Support NCFA by Following us on Twitter!Follow @NCFACanada  |
Related Posts
Ep27-Mar 1: Blockchain Gaming and Esports with Shidan Gouran- From Collapse to Reinvention: The Emergence of a Decentralized Crypto Banking Ecosystem
- Clay Financial Closes $1.7 Million Pre-Seed to Offer Home Equity Sharing AltFi Product in Canada
- Koho secures $70 million Series C to scale adoption of its digital banking services
- Crowdfunding campaign raises $3 million to protect Princess Louisa Inlet property
- Statement on “Framework for ‘Investment Contract’ Analysis of Digital Assets”
Leave a Reply