In February 2020, FinTech startups across the globe raised $5.11 billion worth of VC/PE investments across 249 deals. In terms of MoM trends, there was an increase of 65% from the $3.32 billion raised by FinTechs in terms of VC funding in January 2020. Concerning the number of deals, there was an increase of 27% MoM compared to 196 deals in January.
In region-specific terms, the Americas dominated global FinTech VC funding in February with 48.2% in contributions in terms of funding value ($2.46 billion) and 47.7% in terms of the number of deals (119). Asia placed second with 28.5% in contributions to global FinTech VC funding in February by value ($1.46 billion) and 20.8% in terms of the number of deals (52). |
