Fintech
India’s Fintech Funding to Slump in H1 2024 on Global Slowdown, Geopolitical Tensions
July 5, 2024
Written by FinTech Alliance in Financial Technology
The Indian fintech sector has seen a significant decline in funding in the first half of 2024 due to the global economic slowdown and geopolitical tensions.
Investors are becoming more cautious, leading to fewer deals and lower investment amounts. Despite this decline, the long-term outlook remains positive as the industry adapts to new challenges and opportunities emerge in the changing financial landscape.