In some ways, fintech has come full circle this year. After an unprecedented year of funding in 2021, it had further to fall than most tech sectors. And fall it has: investment into the sector has dropped 24% from last year, according to Sifted’s analysis. That compares with some modest increases for climate tech (0.7%) and SaaS (3.5%) — two areas that investors who used to be fintech fanatics have been increasingly looking into.
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