As we waited for the capital results of the entire first-tier venture to get the fintech startups down, we knew they would be outsourced.
The exchange previously investigated the pace at which startups invested huge rounds of ventures in the niche, noting that by mid-March the fintech market had already recorded a record number of $100 million rounds. But the capital rounds of the biggest ventures are just part of the picture of fintech investments, so we looked forward to a deeper look at what happened in the critical startup sector in general. We’ve got the data now, so today we’re digging with both hands.
The first three months of the year were the most valuable time for Fintech investments, according to the CB Insights compilation for the Q1 2021 Fintech Venture Capital data collection worldwide. Somewhat shockingly, the first quarter, beat the infamous second quarter of 2018 to 2018, when the ant group raised billion $14 billion, so the department’s longitudinal data spread that some analyst groups only discounted it for analytical purposes. This time it wasn’t necessary: 614 tracked fintech contracts in Q1, according to the report, were enough to set a total of $22.8 billion; the Ant Group would be rebuked.
According to CB Insights, the amount of Fintech VC deals in the quarter increased slightly by 15% compared to the previous quarter of the year, while the amount of VC dollars in the sector increased by 98% over the same period. The rise of the fund was a global affair, as we will enter soon. We’re also going to chat in sub-sectors of Fintech World, where most enterprise activity is tracked and critically, where VCs are pushing their attention and capital – or pulling back.
So, where did Fintech Venture Capital Market push the most money in the first quarter and why? We’ll have data chat as we go, but the exchange lists VCs from three continents who have invested in Fintech to provide context:
We will hear from Jesse Wedler, a partner in North America-based capitalism; Cola Aina, a general partner of the Africa-based venture platform; And Shiyan Koh, general partner in the Asia-based hostel fund.