1、State of FintechGlobal|Q3 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 trialTLDR$7.3BGlobal fintech funding.Down 25%QoQ.While funding tumbled quarter-over-quarter(QoQ),the drop wasnt as severe as it looks.The prior quarters level was propped up by$1.3B worth of fundi
4、ng to Stripe and AlphaSense.Excluding these rounds,the decline from Q224 to Q324 would have been 13%.See the data 4$12.7MAverage deal size this year.Despite deal volume declining,average deal size has remained roughly flat YTD,at$12.7M,compared to$13.2M for full-year 2023.This suggests dealmakers ha
5、ve narrowed their focus to fewer,higher-dollar bets.See the data-16%Drop in total fintech deal volume to a recent low.Total deals for fintechscontinued to decline,falling 16%from 892 in Q2 to 753 in Q3.This marks the lowest quarterly level since 2017.For comparison,fintech deal volume clocked in at
6、nearly 1,500 two years ago,in Q322 roughly double where it stands now.See the data 52%Of top early-stage deals are in less-crowded geos.Just over half of the top early-stage(seed&Series A)deals occurred in financial services markets outside the US and UK in countries like France,India,Italy,and Keny