representation

Declining Presence of Fintech Companies in YC’s Demo Days

Yc 2022 Fall 3
Welcome to TechCrunch Fintech! One thing that stood out to me was just how much fintech representation in their cohorts is shrinking. So there was one-third the percentage of fintech companies this year compared to two years ago. Analysis of the weekFintech funding slid by 16% quarter-over-quarter during the three-month period ended March 31, according to CB Insights’ Q1 2024 State of Venture Report. During the three-month period, 904 investments were made into fintech startups, which was higher than 786 in the previous quarter, signaling smaller deal sizes.