NLPs and LLMs have risen to the top of AI use cases in 2023
In a recent survey conducted by Nvidia it is clear the adoption of AI in the financial services sector is rapidly gaining momentum. From...
Dutch FinTech expected to remain resilient in 2023 with small 15% drop in deal...
Key Dutch FinTech investment stats in Q1-Q3 2023:
• Dutch FinTech deal activity is expected to reach 63 transactions in 2023, a 15% reduction from...
Acquisitions in the Lending Technology sector will decline by 31% in 2023 based on...
Lending Technology acquisitions are expected to reach 49 deals in 2023 based on the first the quarters of 2023, a 31% reduction from 2022...
Baltic FinTech deal activity more than halves in Q1-Q3 2023 YoY
• Baltic FinTech companies raised a combined $177m in Q1-Q3 2023, a 71% reduction from the same period in 2022.
• Baltic FinTech deal activity...
New FinTech unicorn activity during October reaches highest level in 2023
New unicorn levels have picked up in October with nine reaching status in the month, the highest levels since the same period last year....
PayTech continues to dominate Malaysian FinTech deals in 2023
Key Malaysian FinTech investment stats in Q1-Q3 2023:
• Malaysian FinTech companies are on track to raise a combined $73m in 2023, a 74% reduction...
UK remains the leading FinTech hub in Europe amid investment slump on the continent
Key European FinTech investment stats in Q3 2023:
· European FinTech deal activity reached 233 deals in Q3 2023, 56% drop YoY
· European FinTech companies...
Japanese FinTech deal activity on track to decline for fifth year straight
Japanese FinTech investment stats in Q1-Q3 2023:
• Japanese FinTech deal activity reached 21 deals in Q1-Q3 2023, a 9% drop from the same period...
The UK dominates European WealthTech in Q3 2023 with a 43% share of total...
Key European WealthTech investment stats in Q3 2023:
· The UK recorded the most WealthTech deals in Europe with 13 transactions in Q3 2023
· European...
PayTech acquisitions are projected to drop 26% in 2023 based on Q1-Q3 results
Based on the first three quarters of 2023, PayTech acquisition activity is expected to reach 143 acquisitions in 2023, a 26% drop from 2022’s...
