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Banking and Lending Represent Majority of Fintech Funding Deals in 2016
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Banking and Lending Represent Majority of Fintech Funding Deals in 2016

Banking and Lending Represent Majority of Fintech Funding Deals in 2016

Fintech Nexus Staff·
FintechNews RoundupOnline Lending
·Jan. 5, 2017·1 min read

Data from Financial Technology Partners reports over 1,500 funding deals from over 1,700 investors in 2016; these deals accounted for $36 billion in fintech financing; data by fintech category can be seen in the chart below with banking and lending companies accounting for 29% of the year’s total deals; payments, loyalty and ecommerce accounted for 22%; securities, capital markets and wealth management also reported substantial interest from investors with 19% of the deals funded.  Source

fintech-funding

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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