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Fintechs garner $76B in funding in Q1CY23; PhonePe, InsuranceDekho lead

Fintechs garner $76B in funding in Q1CY23; PhonePe, InsuranceDekho lead

Although the startup ecosystem is reeling under the pressure of a funding winter, the fintech party continues, albeit at a slower momentum. Data from 1 Lattice and Nasscom suggests that overall funding in the startup world totalled $76B, which is 50% lower than the previous year. However, fintech startups occupy a gigantic 36% of the total funding.

Click here to read full article at BFSI by Economic Times