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title: Fintech Q2 2022 report
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This week: Fintech slowed down in Q2. Discover more on trends in funding, exits and fintech sectors in the Fintech Q2 2022 Report.

| View in browser JUL 27, 2022 Powered by Fintech Q2 report Fintech is in a considerable slowdown. Some key takeaways from Fintech's last quarter: Fintech startups raised $21.5B globally in Q2 2022, the lowest in the last 5 quarters and down 39% from the peak in Q4 2021. Fintech is still the most invested industry worldwide, but funding fell 32% YoY, 1.5x the total VC funding globally. Megarounds are at their lowest in more than one year. While the total number of rounds is holding on much better. Exits value in Q2 is down massively from last year, totaling just $27B compare to its peak of $175B in Q2 2021. This drop was already seen in Q1 (due to public listings), but now smaller M&As are slowing down too in Q2 after a record Q1. Unicorn creation is slowing down, almost back to pre-pandemic levels, with just 25 unicorns created in Q2 2022, compared to 53 in the same period last year The drop is also starting to show in private valuations. Klarna, previously Europe's most valuable private fintech, has seen its valuation down 86% in its latest round, while Stripe has cut its valuation internally by 28%.   Stay up to date on the latest fintech numbers and dive into our full report by clicking the button below. 👇  Fintech Q2 2022 \| Report   In other news 💳 Embedded consumer finance at the point of sale. - BCG   🔍 Discover the broader Rise of Embedded Finance in our deep dive. 🇬🇧 UK to Regulate Stablecoins as a Form of Payment via new bill. The UK’s bill, introduced to parliament on Wednesday, follows the EU’s approach to regulating stablecoins while repealing union-era law. - Blockworks 🔁  The Open & Embedded Insurance report - Open & Embedded Insurance Observatory   💊 Explore the latest trends in insurtech in our report.   Latest fintech deals The largest this week: 🇰🇷 Korean financial super app Toss raised $228M in funding at a $6.5B valuation. This is slightly less than the $7.4B valuation last year.   💸 Toss started focusing on money transfer and remittances and has now expanded to include free credit inquiry services, Toss credit card, and Toss Securities. It is now one of the largest fintech companies globally, with more than 20M customers. 🇲🇾 eWallet scene heats up in Malaysia with TNG Digital raising $168.3M funding with Lazada as lead investor. The new investment solidifies the collaboration between key segment leaders, one in e-commerce and one in digital financial services and payments.   🇺🇸 Layer 1 blockchain,  Aptos Labs, raised a $150M Series A led by FTX Ventures and Jump Crypto. Aptos Labs announced in February its plan to bring the blockchain developed by Diem, Meta's crypto arm, back to life.   Other notable fintech deals from around the globe: 🇬🇧 Social investment platform Shares.io  has raised a $40M Series B led by Valar Ventures. Shares allows users to invest in stocks with as little as £1 and features social components such as allowing users to follow their friends’ investments, advice sharing, and more. Shares has now over 150k users in the UK and plans to expand in Europe 🛍 Discover 80+ stock trading platforms for retail investors. 🇩🇪 Berlin-based “OS for private market investors”, bunch has raised €7.3M in a Seed round that will see the startup expand both its geographic markets and asset classes. ⚖️ Learn more about the growing trend of fintech startups democratizing private market access. Read up on all the latest fintech deals in Dealroom.co   Notable M&A deals: 🇩🇪 🇫🇷 Huge consolidation in the SME banking sector in Europe. French Qonto acquired German competitor Penta for an undisclosed sum in the “mid-three-digit million range”. The acquisition is a key move for Qonto's ambition to become the leading bank for SMEs and freelancers in Europe.   Tip of the week   🌍 Dealroom Ecosystem Update Newsletter   Once a month, get insights on world-leading startup ecosystems and the most promising emerging tech hubs. Stay ahead of the curve with key insights, trends and best-practices from around the globe. Don't miss out on the Dealroom's latest newsletter and subscribe today. 👈   Job opportunities   🇩🇪 finway, a startup helping SMEs with their finance management, is hiring for a Sales Development Representative and other 7 roles. 🇮🇹 Switcho, a fintech startup that helps users save money on household utilities, is hiring for a Product Manager and other 3 roles.  🇳🇱 At Dealroom.co we are looking to expand our Research Team with positions ranging from internships to junior and senior analysts, get in touch. Discover 56,000+ job openings at fintech startups (login for full results)   Dive in   🌍 Fintech in MENA: a rising star   🔎 The State of European Insurtech    💰 The corporate expense management war   Lorenzo Chiavarini Innovation Analyst Dealroom Not a subscriber yet?  Subscribe here This is Dealroom's weekly fintech newsletter.  Get more industry-specific intelligence on the evolving world of fintech, emerging trends, and game-changing startups. Delivered on Wednesdays. Dealroom.co, Cornelis Dirkszstraat 27-2, 1056 TP, Amsterdam, The Netherlands Manage preferences |
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