The year 2020 has been quite shocking for most businesses globally—it has changed how we conduct business. Considering what we’ve seen so far in 2020, the question is: did the COVID-19 impact FinTech investments drastically compared to H1 2019 and H1 2018, which were both explosive in terms of FinTech investments? In 2020 so far, we can observe that investments had slowed down earlier in February but had picked up momentum in March; the trend could continue, and we could see an explosive year ahead.
In terms of YoY growth in H1 2020, global FinTech VC/PE funding decreased by 6.6% from H1 2019 from $22.04 billion and decreased by 32.87% from H1 2018 to $20.58 billion. |
