Startup funding: 2018 was the year of Fintech startups, ecommerce investments slipped to second place - Inventiva
5 Dec 2018 2:00 AM GMT
2018 saw Fintech lead the funding charts as investments in Lending surged and Payments held its own. The early-stage continues to see great momentum and funding has increased in almost every sector across the board. While the total amount raised is slightly lower, that?s mainly because 2017 saw Paytm raise $1.4 billion and there were [?]
- The top 10 deals by value in fintech accounted for 60 percent of total funding raised, once again reflective of the overall trend – that investors are taking pole positions in companies with a proven track record and the ability to scale.
- Lending came across as the most active category, raising a total of $953.03 million, or 46 percent of the total deal value, doubling its share from 2017.
- Insuretech accounted for 16 percent of total investments, tripling to $333 million this year (dominated by PolicyBazaar), while the number of deals more than doubled to 9.
- This is a 61 percent fall from last year when payments firms – including Paytm – had raised $1.59 billion.
- Activity in the early stage gained solid momentum with the number of deals in the Pre-Series A space rising 10 percent but the total deal value up by 40 percent to $39.38 million.
Next Story