FinTech Funding October 2024: Total $199 mln raised by Indian FinTechs

In October 2024, India’s fintech funding fell sharply to USD 199.4 million from just four rounds, continuing a declining trend from August’s USD 507.8 million and September’s USD 230 million, according to 1Lattice data. Although, the October 2024 funding remains almost the double compared to the previous year in the same month. This funding slump reflects global investor caution and adds to the sector’s recent volatility.