Venture Capital Firms Pull Back From Fintech Investment, Recent Report Shows

According to the Boston Consulting Group (BCG) White Paper concluded on March 16, Equity funding in the Finitech capital market was below 52% in 2017.

In 2017, Finitech Ventures received funding $ 570 million in the capital market ecosystem, which was 1.18 billion dollars and 2015 and $ 1.19 billion respectively in 2015 and 2016 respectively. 903 companies were included in BCG Datasets.

BCG has separated the decline in venture capital (VC) companies as a major factor. SOURCE https://cointelegraph.com/news/venture-capital-firms-pull-back-from-fintech-investment-recent-report-shows