India overtakes China in Q1 2020 fintech funding: Report
Shortpedia
Content Team
Image Credit: shortpedia
Venture capital-backed investments in the fintech sector have dropped to $6.1 billion across 404 deals in the first quarter of the calendar year 2020 globally, according to the market intelligence platform CB Insights, reflecting the tough going for businesses in the pandemic-induced economic downturn. From around 59% quarterly deal share in Q4’19, seed and angel rounds dropped to 56% in Q1’20.
