Many would argue that 2018 was ‘peak’ Fintech. We can see that growth in funding and
deals has slowed in 2019 (particularly in Seed and Series A), and in some categories we
have seen a decline — most visibly in the number of exits globally (whilst value
remained strong). Indeed, in last year’s Global Startup Ecosystem Report we classified
Fintech as a ‘mature’ subsector, expecting early-stage funding to slow down and for
later rounds and exits to continue to perform well as winners continue to be identified
and capitalised

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