1、State of FintechGlobal|Q2 2024Global data and analysis on dealmaking,funding,and exits by private market fintech companiesState of Fintech2 2Make smartertech decisions.Our platform will help you discover,understand,and manage your response to emerging tech.Make confident tech decisions that drive gr
2、owth,improve operations,and beat the competition with CB Insights.IIIITry our platform free!Sign up for a free trialState of Fintech3 3“Steal”our data.Download the underlying data in this report.If you create any analysis or visualizations with this data,send it our way and you could be featured in
3、the CBI newsletter.us on social LinkedIn X(Twitter)InstagramIIIIDownload the raw dataSign up for a free trialTLDR19%Increase in funding,buoyed by two blockbuster deals.Global fintech funding rose in Q224 to$8.9B,up 19%quarter-over-quarter(QoQ).Yet,absent 2 late-stage deals for Stripe($694M)and Alpha
4、Sense($650M),funding would have remained flat.A 16%decline in deal volume also indicates fintech investors remain cautious.See the data 420%Mid-and late-stage deal share YTD,up from 18%in 2023.In a more favorable operating environment,investors are showing greater confidence in later-stage companies
5、 than they did in the last 2 years.This is especially true in areas like payments and lending,where mid-and late-stage rounds make up 27%and 35%,respectively,of deals YTD.See the data$12.8MAverage deal size in 2024 so far,down 4%from 2023.The slight decline in average deal size YTD highlights broad
6、stagnation in fintech deal sizes.However,a 29%increase in the median deal size this year,to$4M,could signal strength in the long tail of smaller fintech deals.See the data 30%Of top early-stage deals go to digital asset companies.Fintechs focused on cryptocurrency and blockchain are receiving renewe