‘Fintech startup overcrowding making investors hesitant to commit funds’

Bengaluru: Total funding in financial technology (fintech) startups dropped by 35% year-on-year (YoY) to $366 million in the January to March quarter (Q1) of 2025, according to a report by data intelligence platform Tracxn out on Tuesday. In the same period of 2024, $571 million had been raised for the sector.