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USA dominates market as weekly FinTech funding surges past $800m

24 Sep 2024 5:11 AM | Anonymous

The FinTech sector soared this week, with over $800 million raised in total funding. The US led the charge, securing $662.87 million across 13 of 24 global deals, with a standout $250 million round by Forward Financing. The UK followed with $65.9 million from three deals, while other nations like India, France, Israel, and Canada made smaller contributions.

  • AtoB raised $130 million to boost payment solutions in the trucking industry.
  • Akur8 secured $120 million to enhance its insurance pricing platform.
  • Forward Financing expanded its credit facility to $450 million to support small US businesses.

To dive deeper into these groundbreaking deals, read the full article: https://fintech.global/2024/09/20/usa-dominates-market-as-weekly-fintech-funding-surges-past-800m/