Fintech Funding Report: Over $31B In Global Funding Was Acquired By Financial Technology Initiatives During Q3 2021
Fintech Funding Report: Over $31B in Global Funding was Acquired by Financial Technology Initiatives During Crowdfund Insider. : A report from CBInsights reveals that $31.1B in global funding was acquired by Fintech startups during Q3 2021—which is the “second-highest quarter ever.” Despite falling around 16% when compared to the past quarter’s record levels, financing remains elevated in the Fintech venture space. This last quarter’s $31.1B tally reportedly marks a 147% increase year-over-year (YoY). During this time period, there were 43 “freshly minted” Unicorns (companies reaching a valuation of at least $1 billion).