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Three Fintech Winners That Rocked In Q3

Benzinga ·  Dec 10, 2024 03:34

For much of this year, global fintech activity has remained strong, largely driven by increased consumer demand and small enterprises side-stepping high-street banking systems amid a high interest rate environment.

Despite the positive turnaround in operational activity, new investment deals continue to decline. In Q3, global fintech funding declined to $7.3 billion, a 25% quarter-over-quarter decline.

However, new insights reveal that the U.S. currently leads in the global fintech market, representing 60%, or six of the top ten deals made during the third quarter. All top three positions were held by American fintech names, including a $1.0 billion funding deal...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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