Global fintech investment activity steadily declined throughout 2022, with funding dropping by 46% from 2021’s record levels.

Global fintech funding reached $75.2B in 2022 — marking a 46% drop from 2021, but up 52% compared to 2020. The funding slowdown was especially severe in the second half of the year, with Q4’22 funding clocking in at $10.7B — the lowest quarterly level since 2018.

Overall, deals fell 8% year-over-year to reached 5,048 in 2022. Africa was the only major region to see deals increase compared to 2021.

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