FinTech funding witnesses over 50% decline in October, total $108 mn raised

While there has been a funding winter in fintechs and tech startups over the past year, funding has seen an uprise in early stage deal funding and decline in late stage deals funding. FinTech funding has seen a rise in the last 4-5 months, however there was a significant decline in the amount raised in the month of October, compared to September.