While fintech funding in Europe more than doubled in Q1 2019, Asia took the biggest hit:
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers.Global fintech funding was down 13% from $7.3 billion in Q4 2018 to $6.3 billion in Q1 2019, according to a new report fromHowever, deal numbers increased from 427 in Q4 2018 to 445 in Q1 2019, despite early stage funding dipping, while mid- and late-stage funding increased. Moreover, funding actually ticked up 1.5% year-over-year from $6.2 billion in Q1 2018.
North American fintech funding decreased 2%, but remains stable. This region has seen the least volatility last quarter, with fintechs securing $3.5 billion in funding. It remains the best funded region globally, and the largest fintech funding round in Q1 2019 went to US-basedAs fintech continues to mature, investor interest will likely increase — but some markets will be more difficult to enter than others.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Anthem is prepping to roll out its pharmacy benefit manager after a strong Q1US insurer Anthem reported an impressive $24 billion in operating revenue in Q1 2019, up 9% year-over-year (YoY) from $22 billion in 2018.
Read more »
Saudi's Falih says global oil deal could be extended to end of 2019: RIAA global deal on oil production led by Russia and Saudi Arabia could be extended...
Read more »
RBS earnings: £707 million for Q1 net profit, vs £792 million last year
Read more »
Skanska shares drop on builder's surprise first-quarter profit dropSwedish builder Skanska reported an unexpected fall in first-quarter operating earnings on Friday.
Read more »
Deutsche Bank earnings: 201 million euros for Q1 net profit, up 67% year-on-year
Read more »
Amazon's advertising sales growth slowed dramatically in Q1Amazon's ad sales are still growing, but much slower than before.
Read more »
eBay’s marketplace growth plunged into the negatives in Q1eBay's Q1 gross merchandise volume totaled nearly $21.6 billion, marking the fourth consecutive quarter of GMV growth deceleration.
Read more »
LIVE: Here come Intel's Q1 earningsOne week after new CEO Bob Swan's surprise move to get out of the smartphone business, Intel is set to report its Q1 earnings.
Read more »
Intel dipped down over 6% after CEO Bob Swan says it's 'taking a more cautious view of the year' as it slashes its earnings forecastOne week after new CEO Bob Swan's surprise move to get out of the smartphone business, Intel reported its Q1 earnings. Stock fell 6% after the bell.
Read more »
Ford stock rising the most in 10 years after ‘massive’ Q1 beatFord Motor Co. shares are gaining the most in one day in a decade after the car maker’s massive first-quarter earnings beat dispels worries about its ongoing...
Read more »
LIVE: Here comes Facebook's Q1 earningsFacebook has been beset by scandals for years — but that hasn't halted its explosive profits.
Read more »