FinTech Funding August 2024: Total $507 mln raised by Indian FinTechs

Fintech funding has seen a significant uptick in August, with a notable increase in the amount raised compared to the previous month. This surge in funding comes after a year of decline in fintech and tech startup funding, commonly referred to as a “funding winter.” Interestingly, early-stage deal funding has seen an increase, while late-stage deals have experienced a decline. This shift in funding trends suggests a renewed interest in fintech innovation and a focus on nurturing early-stage startups.