{"id":830655,"date":"2024-07-08T10:20:18","date_gmt":"2024-07-08T04:50:18","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=830655"},"modified":"2024-07-08T10:28:51","modified_gmt":"2024-07-08T04:58:51","slug":"fintech-funding-falls-59-to-795-mn-in-h1-2024","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/08\/fintech-funding-falls-59-to-795-mn-in-h1-2024\/","title":{"rendered":"Fintech funding falls 59% to $795 mn in H1, 2024"},"content":{"rendered":"<p>BENGALURU: In the first half of this year (January-June 2024), the fintech sector witnessed a declining trend in funding as they could manage to raise only $795 million, a 59% fall compared to $1.93 billion raised in the same period last year. <\/p>\n<p>The sector garnered $896.7 million in H2, 2023, according to market intelligence platform Tracxn. In its semi-annual report, the firm said the funding in late-stage rounds stood at $551 million, a 63% decline from the $1.5 billion the sector raised in H1, 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: In the first half of this year (January-June 2024), the fintech sector witnessed a declining trend in funding as they could manage to raise only $795 million, a 59% fall compared to $1.93 billion raised in the same period last year. The sector garnered $896.7 million in H2, 2023, according to market intelligence platform Tracxn. In its semi-annual report, the firm said the funding in late-stage rounds stood at $551 million, a 63% decline from the $1.5 billion the sector raised in H1, 2023.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-830655","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/830655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=830655"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/830655\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=830655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=830655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=830655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}