With 2018 now behind us, let’s examine how funding in financial technology (fintech) compares to previous years. The graphic below shows the total annual fintech funding amounts over time.
As the graphic demonstrates, 2018 experienced the highest fintech funding on record at $41B. It represents a whopping 78% increase from the previous year’s funding. In addition, fintech funding grew at a CAGR of 61% from 2013 to 2018. We’re excited to see if its funding can reach an even higher level in the new year.
To learn more about our complete financial technology dynamic report, visit us at www.venturescanner.com or contact us at [email protected].