Overview
According to data collated by PGA labs, home-grown startups struggled to raise capitals for the fourth consecutive month in May, compared with previous months. On a month-on-level, funding for fintech startups declined 75% to $153.6 Mn in May from $624.5 Mn in April, other media reports showed. Here are the details of top fintech funding rounds for the month of May
How the country's fintech sector shapes up going ahead and what fate will the funding rally meet will be exciting to watch. For now, here are the top 15 funding rounds from the month of May, as per data collated by PGA Labs.