Fintech exits plummeted last year

Venture capitalists invested $57.6 billion (€54.3 billion) globally into enterprise and consumer fintechs in 2022, representing a 40.7 per cent year-on-year decline from the record $97.2 billion reported in 2021, new data shows

Figures compiled by research platform Pitchbook indicates capital was raised across a total of 2,747 deals last year, down 18.1 per cent versus the 3,356 transactions recorded in 2021. The fourth quarter saw the lowest deal value and deal count of ...