US InsurTech companies fail to raise deals over $100m in Q1 2024
Key USA InsurTech investment stats in Q1 2024:
• USA InsurTech deal activity reached 41 funding rounds in Q1 2024, a 32% drop from Q1...
European PayTech deal activity on track to almost half in 2024
Key European PayTech stats in Q1 2024:
• European PayTech deal activity totalled at 27 deals in Q1 2024, a 55% drop from Q1 2023
•...
Middle East FinTech deals fall 35% in Q1 2024 YoY compared to 8% drop...
Key Middle East FinTech investment stats in Q1 2024:
• FinTech deal activity in the Middle East reached 24 funding rounds in Q1 2024, a...
Mexican incumbent bank downloads increase 30% outpacing neobanks in 2024
Combined Mexican banking downloads reached 57m in April 2023 – April 2024, a 23% increase YoY. Incumbent banks dominated and saw a combined 39.9m...
Lacking Canadian Blockchain & Digital Asset sector causes FinTech deal activity to halve in...
Key Canadian FinTech investment stats In Q1 2024:
• Canadian FinTech deal activity reached 48 transactions in Q1 2024, a 51% drop YoY
• Canadian FinTech...
USA InsurTech deal activity falls nine percentage points more than general market in Q1...
Key USA InsurTech investment stats in Q1 2024:
• USA InsurTech deal activity reached 41 funding rounds in Q1 2024, a 32% drop from Q1...
European InsurTech seed funding on track to bounce back 32% in 2024
Key European InsurTech seed deal investment stats in Q1 2024
• European InsurTech seed deals reached 13 deals in Q1 which puts deal activity on...
Combined Turkish finance app downloads see 8.7% rise over past 12 months
Turkish finance app downloads saw a combined 72 million downloads from April 2023 – April 2024, an 8.7% increase YoY. Incumbents slightly outpaced FinTechs...
New FinTech unicorn births remain stable with three new additions in April 2024
Overall there were three new FinTech unicorns in April 2024, no change from March 2024. Despite no change, this remains the highest amount of...
Colombia props up Latin American FinTech investment to increase 52% in Q1 2024
Key Latin American FinTech investment stats in Q1 2024
• Latin American FinTech deal activity reached 46 transactions in Q1 2024, 48% reduction YoY
• Latin...
