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Global fintech funding down 20% as investors abandon ‘pray and spray’

Mynt branding at trade show
Mynt was the biggest global investment deal of 2024. Photo: Isaac Brekken/Getty Images

Martin Cloake

1 min read
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New report on global markets shows US and UK in top spots – but funding for female-led firms takes a hit.

Geopolitical tension and a reset in venture capital fundraising are identified as key drivers of a slowdown in global fintech investment by industry body Innovate Finance. Global investment fell 20% to $43.5 billion across 6,264 deals.

The US stayed in the number one market position, raising $22 billion. The main investment hubs remain

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