Poging GOUD - Vrij
Fintech sector witnesses 33% fall in funding at $1.9 billion in 2024
The New Indian Express Mysuru
|January 14, 2025
Though the country's fintech ecosystem is considered one of the top three globally funded sectors in 2024, after the US and the UK, it managed to raise only $1.9 billion in 2024, which is a 33% drop compared to $2.8 billion secured in 2023 and a 66% decline from $5.6 billion raised in 2022, according to data shared by market intelligence platform Tracxn.
The funding landscape in 2024 saw a significant shift, with only three $100 million-plus funding rounds recorded, marking a 50% decline from the six such rounds in 2023. Some of the notable deals in 2024 included DMI Finance's $334 million funding led by MUFG, and Credit Saison's, an online marketplace for consumer and business loans, $144 million in a Series D funding round.
Dit verhaal komt uit de January 14, 2025-editie van The New Indian Express Mysuru.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Mysuru
The New Indian Express Mysuru
ONE OF THE RICHEST STATES IS FAILING ITS SCHOOLKIDS
KARNATAKA Chief Minister Siddaramaiah recently received a letter from children in Pachedoddi, a hamlet in Chamarajanagar district that lies entirely off the publictransport grid.
1 mins
December 13, 2025
The New Indian Express Mysuru
CM says rehab new path for social integration in C’garh
TEN cadres of the banned CPI (Maoist) surrendered before the police in Chhattisgarh’s Sukma on Friday, choosing to step away from violence and return to the mainstream.
1 mins
December 13, 2025
The New Indian Express Mysuru
OUTFOXING AI, FOR BETTER OR VERSE
A paper on ar Xiv by researchers at the Icaro Lab in Italy has set off a firestorm of headlines.
3 mins
December 13, 2025
The New Indian Express Mysuru
MahaYuti stays united, seals Maha seat deal for BMC polls
THE BJP and the Eknath Shinde-led Shiv Sena are set to contest the Brihanmumbai Municipal Corporation (BMC) elections—scheduled for next month—unitedly.
1 min
December 13, 2025
The New Indian Express Mysuru
MNREGA gets new name, 125 days of employment
SETTING the stage for a major overhaul of the country’s flagship rural jobs scheme, the Union Cabinet on Friday approved the renaming of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) to Pujya Bapu Gramin Rozgar Yojana.
1 mins
December 13, 2025
The New Indian Express Mysuru
Police post built with stones thrown at cops during Sambhal clash opens
A newly constructed police post was inaugurated on Friday, just 100 metres away from the residences of Samajwadi Party’s Sambhal MP Zia-ur-Rahman Barg.
1 mins
December 13, 2025
The New Indian Express Mysuru
Minister, scholar, LS speaker: Multi-faceted Shivraj Patil passes away
FORMER Union Home Minister Shivraj Patil Chakurkar passed away at 90 on Friday morning at his native Latur in Maharashtra after a brief illness.
1 mins
December 13, 2025
The New Indian Express Mysuru
Zubeen's secy, festival organiser among 4 charged with murder
THE Assam Special Investigation Team (SIT) on Friday filed the charge sheet in the highprofile Zubeen Garg death case in the court of Chief Judicial Magistrate, Kamrup (Metro), slapping the charge of murder against four of the seven accused.
1 min
December 13, 2025
The New Indian Express Mysuru
Ops to hunt terrorists in Jammu forests
AFTER a series of encounters and brief gunfights in the forest belts of Jammu region in the last six months, security forces have launched a major winter offensive to track down militants hiding in the dense and rugged forest areas.
1 min
December 13, 2025
The New Indian Express Mysuru
CLIMATE SCIENCE IS NOT A HOAX, DON'T GAMBLE
SIR ROBERT WATSON'S BLUNT MESSAGE TO CLIMATE BLOCKERS
4 mins
December 13, 2025
Listen
Translate
Change font size