India’s FinTech funding records a 68% surge in Q3’CY23: Report

While there has been a funding winter in fintechs and tech startups over the past 1-1.5 years, FinTech funding witnessed a 68 per cent surge with a total of USD 436 million raised in the third quarter of 2023, revealed a recent report by Traxcn. It further adds that the funding was driven by late stage rounds with an increase of over 140 per cent.