We consider how fintechs are improving supply chains through digitization, the increasing prominence of digital currencies, impact of sustainability-focused fintechs, and the intersection of fintech and marketplaces.
Q3 2021 Fintech Funding Update
In Q3 2021, fintech companies globally raised US$ 31.8B in venture capital across 1,185 deals. Despite the 15% drop over the record Q2 2021 deal value as reported by CBInsights, Q3 2021 still marks as the second-highest quarter in global funding ever. The year-to-date global funding in 2021 is at US$94.7 B and is more than twice the total value posted in 2020.
Deal volume had a negligible drop of 1%. This slip is explained by softer funding in Europe and Latin America, down by 47% and 56% respectively, compared to Q2 values. “Mega Deals” worth more than US$ 100M, continued strong at 94 for the period, although early-stage deals accounted for nearly two thirds of deals.