That funding fell 63% as March began compared to the two-week period prior. Fintechs, along with the broader financial industry, have seen a decline in funding activity as geopolitical tensions have continued to mount in Eastern Europe.
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Late-stage venture funding for fintechs has taken a steep drop in recent weeks, according to newly published data. So reports Crunchbase.
That funding fell 63% as March began compared to the two-week period prior. Fintechs, along with the broader financial industry, have seen a decline in funding activity as geopolitical tensions have continued to mount in Eastern Europe.