Global Fintech Venture Capital Deal Flow, Q4 2022
30 May 2023•
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In Q4 2022, Africa constituted 4.4% of global Fintech venture capital deal flow, and 1.9% of total global fintech fundraising. In those 3 months, the continent’s startups attracted over $200M, 1/3rd less than that raised by Canadian Fintechs; though that value was raised across nearly double the number of Canadian startups in the same time period. That means lower ticket sizes and likely earlier stage startups in Africa are attracting funding today.
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