๐Ÿค‘The Top 10 European FinTech Funding Deals in September

๐Ÿค‘The Top 10 European FinTech Funding Deals in September

The top 10 European FinTech deals of the month offered a partial, yet significant insight into the larger investment landscape.

These elite transactions managed to secure a combined โ‚ฌ300m, which, while seemingly impressive, represents a sharp 60% dip from September 2022's high-flying figures.

The instances of high-value deals appear to be dwindling, signaling a potential strategic shift or cautionary pause among investors and stakeholders in the realm of FinTech.

Digging Deeper: Average and Median Deal Insight

An analytical gaze toward the average and median deal amounts reveals an equally compelling story.

The average deal amount settled at โ‚ฌ9m, marking a 42% decrement, while the median deal amount also experienced a slight, albeit noteworthy, decline of 18% to stabilize at โ‚ฌ3.8m.

This indicates a broad-spanning impact, affecting not just the high-tier deals but permeating through various investment sizes and shapes across the board.

๐Ÿ’ก Key Takeaway

September 2023 reveals a convoluted chapter in FinTech investments, inviting a meticulous exploration and understanding of the myriad factors steering this downturn.

With cautious optimism, embracing strategic recalibration, and harnessing the potential within challenges, the sector could envisage a rebound, weaving a tale where momentary ebbs are merely precursors to forthcoming flows of prosperity.

In short, the numbers:

โšซ๏ธ 58 deals this month (-31% compared to Sep 22)

โšซ๏ธ Total fundraising amount : โ‚ฌ496.3m (-57%)

โšซ๏ธ Total fundraising amount in the top 10: โ‚ฌ300m (-60%)

โšซ๏ธ Average deal amount: โ‚ฌ9m (-42%)

โšซ๏ธ Median deal amount: โ‚ฌ3,8m (-18%)

A big thanks to Blackfin for providing the data!