India's fintech space among top 3 globally despite 59% dip in H1 funding
Early-stage rounds record $179 million in funding in H1 2024, a significant 50% dip from H1 2023; seed-stage funding records a 43% fall YoY
fintech funding
July 2024
January 2023
October 2022
Fintech startup funding down 47% in 2022: Tracxn
The number of funding rounds also declined by 29% to 390 rounds in 2022 as compared to the same period in 2021.
Fintech funding zooms to $10 bn in 2021
In FY 2020-21, non-cash payments surged, with over 75% year-on-year (YoY) growth in UPI transactions.
