Building a fintech giant is very expensive

Aug 11 2020 by TechCrunch

 

Venture capitalists and other investors have poured capital into fintech startups around the world in recent years, including a record number of rounds worth $100 million or more in the second quarter of 2020. In Q2 2020 venture-backed fintech startups raised 28 nine-figure rounds, underscoring the scale of the bet investors are making on fintech’s long-term success.

The Exchange explores startups, markets and money. You can read it every morning on Extra Crunch, or get The Exchange...

Continue Reading Building a fintech giant is very expensive