Within the second quarter, international fintech funding was down 39% from its 2021 peak because the sector felt the results of the broader financial downturn in addition to extra localised points such a the crypto winter.
Nonetheless, Royal Park Ventures, says that, because it celebrates its third birthday, it’s bucking the development; having seen income tripling from 2020 to 2021, it’s on observe to double as soon as once more this yr.
The London-headquartered agency has raised over $1 billion for its purchasers up to now and established itself as essentially the most energetic fintech advisor throughout Emea. It has suggested on greater than 30 offers throughout six continents, together with for Thought Machine, Bud and Indonesian tremendous app Koinworks.
Aman Behzad, managing associate, says: “Now we have confirmed that fintech is a everlasting and important cornerstone of the worldwide economic system, with superb corporations creating progressive options for higher entry to finance.
“Regardless of current market situations, now we have continued to advise on landmark transactions within the {industry} as companies react to evolving buyer wants and the necessity to ship artistic options.”
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