Business · Companies · 12 hrs ago

European fintech growth funding rounds have almost halved

European fintech growth funding rounds have almost halved

European fintech startups are raising fewer growth-stage rounds than they were a year ago.

The decline involves Series B and C rounds, which companies typically seek as they grow beyond early-stage funding.

The number of startups raising these rounds has almost halved over the past year.

Investors are increasingly directing their money to a handful of standout companies instead of spreading it across more startups.

This makes it harder for many European fintech companies to secure funding for expansion.

The available information does not say what will happen next.

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