Global Fintech Funding and Rounds from Q1 2022 to Q2 2023

The VC winter continues, but amidst a 49% YoY fintech funding downturn globally, there are also preliminary signs of a slow recovery. Fintech funding in Q2 2023 is anywhere from 56% to 75% higher than fintech funding posted in the previous 3 quarters. But, there is reason to remain cautious, as the number of individual deals continues its steady decline, indicating larger deal sizes going towards larger, more established startups that are looking to consolidate their leadership positions.