Fintech: the party is over
In a “heckled” environment, fintech is suffering the effects of “strong downward pressure on funding” indicates the press release. A trend confirmed by Marc Simoncini, founder of Angell Bike, who told us during the presentation of the first Angell x Mini bike, that investors were particularly cautious, even more so when it comes to industry.
Although banking and insurance are far from this sector, they are still suffering the effects of a complicated macroeconomic situation. This dynamic was already palpable in 2022: during the second half of the year, only a quarter of the year's fundraising was carried out.
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Monthly fundraising report - April 2024
French fintechs raised €201,5 million in equity capital (excluding debt) in 14 operations in April
Insurtech France joins France FinTech
Paris, April 30, 2024 France FinTech (FFT), the association which brings together and represents innovative finance entrepreneurs, announces the integration into its community of Insurtech France, the association of insurtech players. Since 2015, France FinTech has been focusing...