The backing of financial technology firms saw a sizable 20% jump in 2020, and analysts in the space expect this trend to continue as growth is expected in a variety of investment-oriented apps.
According to an S&P Global Market Intelligence fintech report released earlier this week, the factors that fueled venture capital activity in 2020 remain in place, namely low interest rates, an open IPO window, robust M&A activity and increasing digital adoption from consumers.
Venture capital funding to private U.S.-based fintechs saw some slowdown as the pandemic . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.
