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AI accounts for 31% of VC funding in Q3

AI accounts for 31% of VC funding in Q3

October 9, 2024October 9, 2024 · Banking

Global venture capital funding took a hit in the third quarter, but AI startups accounted for 31% of all global funding. Venture capital funding for startups globally dropped…

Read more AI accounts for 31% of VC funding in Q3

Overflow raises $20M in series B | Bank Automation News

February 12, 2024February 12, 2024 · Banking

Investors expect funding activity to rebound in 2024 following a year of uncertain macroeconomic conditions.  In 2023, global fintech equity deals amounted to $39.2 billion, compared to $78.6…

Read more Overflow raises $20M in series B | Bank Automation News
Zilo nabs M in series A | Bank Automation News

Zilo nabs $31M in series A | Bank Automation News

January 25, 2024January 26, 2024 · Banking

Venture funding fell in 2023 as investors took uncertain macroeconomic conditions into account and doubled down on due diligence.  Global venture funding in 2023 stood at $248.4 billion,…

Read more Zilo nabs $31M in series A | Bank Automation News
Fintech venture fund raised 0M | Bank Automation News

Fintech venture fund raised $750M | Bank Automation News

December 21, 2023December 21, 2023 · Banking

As the global economy faced macroeconomic headwinds coupled with rising rates, fintech funding in 2023 remained subdued compared to prior years.  Global fintech funding stood at $30.5 billion…

Read more Fintech venture fund raised $750M | Bank Automation News
Fintechs struggle with profitability | Bank Automation News

Fintechs struggle with profitability | Bank Automation News

November 28, 2023November 28, 2023 · Banking

European fintech funding experienced a massive drop in funding and number of deals in the third quarter. In Q3, European fintechs raised $1.3 billion (1 billion pounds), down…

Read more Fintechs struggle with profitability | Bank Automation News
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