Funds for fintech cos hit 3-year low at $2 bn

Bilgin

Global Mod
Global Mod
Funds for fintech cos hit 3-year low at $2 bn Fintech funding in India declined by 63% in 2023, reaching a total of $2 billion. Only five rounds surpassed the $100 million mark. The decline is attributed to high borrowing costs and challenging macroeconomic factors. InCred was the only unicorn in 2023.
 
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