Financial technology (fintech) funding in the second quarter of this year topped $8.3 billion globally but deals and funding in Asia hit near-record low and are on track to fall below 2018 total, according to the latest report released by CB Insights.
Funding in the second quarter got a boost from 25 deals that were $100 million plus rounds worth approximately $5 billion in funding but every continent saw deals dip during the period, the report showed.
