The berserk pace of fintech investing outshines the global VC boom

The global startup fundraising boom has lifted nearly every sector you can name: Edtech took off during the pandemic, software in general got a lift, and even more risky and long-term wagers like space tech and biotech are seemingly doing well in today’s risk-on startup fundraising market.

But no single category or niche in startup land has done better than financial technology, or fintech.

Around the world, fintech startups have raised simply astounding amounts of capital, with geographies like Latin America, Africa, North America, and more seeing neobanks, payments companies, new consumer-facing lending services, cryptocurrency on-ramps from the traditional banking world, trading apps, and other sub-sectors raising tectonic rounds from investors hungry to get their own capital to work in the craze

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