- Embedded finance has develop into the “hottest development within the finance market,” based on FintechOS.
- Shopper fintechs have had a yr to neglect however B2B-focused startups have remained resilient.
- Funding in embedded finance trebled to $3.1 billion final yr, based on knowledge from Dealroom.
Shopper-facing fintech firms have had a yr to neglect.
Inventory-trading app Robinhood and cryptocurrency alternate Coinbase have laid off swathes of workers whereas shares in cash switch enterprise Sensible collapsed a yr on from its London IPO.
VC funding in fintechs dipped barely to $53.5 billion within the opening half of the yr, based on PitchBook