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.