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Irish fintech investment plunged 94 per cent last year
It comes amid a six-year low in global investment in the space, driven by market uncertainty and global conflicts
Investment in Irish fintech firms dropped off a cliff last year, with a 94 per cent decline in funding to $60.8 million (€56.2 million) across 11 deals.
This compares to 2022, when Irish fintech investment represented more than $1 billion across 22 deals, according to a new report from KPMG Ireland.
The global investment space for fintechs recorded a steep, although less marked, decline, to a six-year low of $113.7 billion from $196.6 billion in ...
