According to CB Insights’ State of Fintech 2024 Report (the “Report”), global fintech companies raised $33.7 billion in private placements in 2024, marking a 20% drop year-over-year. Deal volume also declined, with 3,580 offerings completed—a 17% decline from the prior year. However, this annual funding decline was the smallest in three years, signaling potential stabilization in the fintech sector.
Source: Fintech Funding Trends 2024: Capital Raising Slows, Deal Sizes Grow
