Global investing in fintech startups is starting to see an uptick. Just this week, KPMG issued its Pulse of Fintech report for the second half of 2024. In the fourth quarter of 2024, investment climbed to $25.9 billion from $18 billion in the third quarter, according to KPMG. Granted, this is not the enthusiasm of […] © 2024 TechCrunch. All rights reserved. For personal use only.
Global investment in fintech startups is on the rise, as highlighted by KPMG's Pulse of Fintech report for the second half of 2024. Several key venture capital firms are driving this growth. Infinity Ventures, focusing on B2B fintech, was founded by Jeremy Jonker, Jay Ganatra, and Mario Ruiz. Better Tomorrow Ventures, led by Jake Gibson and Sheel Mohnot, targets pre-seed and seed-stage companies. The Fintech Fund, under Nik Milanović, emphasizes community support for founders. TTV Capital, based in Atlanta, invests in traditional fintech and related businesses. Lastly, QED Investors has raised $925 million to support fintech globally, including the Middle East. These firms are pivotal in fueling the fintech sector's expansion.
