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A column chart that displays annual deal values from 2019 to 2024. The highest value occurred in 2021 at $121.8 billion, with a continuous slowdown in subsequent years. 2024 clocks in at $43.3 billion.

Global venture investments in fintech

Venture investors committed 11.6% less into the global fintech sector in 2024 than in 2023, data from PitchBook show.

Why it matters: The Great Shutdown is said to have accelerated fintech adoption, but venture dollars to the sector have officially reset back to pre-pandemic levels, according to the data.

By the numbers: In 2019, fintech startups raised $44 billion in funding. In 2024, that figure was just $43.3 billion.

Following the heady 2021, venture funding to fintech startups dropped by 26.3%, and fell even further the year following. In 2023, capital to the sector slowed 45.3%. So by comparison, an 11.6% decline is deceleration.

Previously buoyed by smaller, earlier-stage deals, later stage deals started making a comeback in 2024. Though the average startup raised $10.8 million in 2023, that figure rose to $11.2 million in 2024.

What we're watching: The fintech sector at large has been more bullish about the incoming administration, which in theory should boost the tailwind for 2025.

VC fintech funding slowed in 2024, falling below 2019

It was harder for fintech startups to raise funding last year than in 2019.

ALT Text: A column chart that displays annual deal values from 2019 to 2024. The highest value occurred in 2021 at $121.8 billion, with a continuous slowdown in subsequent years. 2024 clocks in at $43.3 billion.

Venture investors committed 11.6% less into the global fintech sector in 2024 than in 2023, data from PitchBook show.Why it matters: The Great Shutdown is said to have accelerated fintech adoption, but venture dollars to the sector have officially reset back to pre-pandemic levels, according to the data.

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VC fintech funding slowed in 2024, falling below 2019

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