{"id":895604,"date":"2025-01-14T09:15:03","date_gmt":"2025-01-14T03:45:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=895604"},"modified":"2025-01-14T09:25:27","modified_gmt":"2025-01-14T03:55:27","slug":"indian-fintech-funding-third-highest-globally-in-2024-despite-continuous-yoy-decline-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/14\/indian-fintech-funding-third-highest-globally-in-2024-despite-continuous-yoy-decline-report\/","title":{"rendered":"Indian fintech funding third highest globally in 2024 despite continuous YoY decline: Report"},"content":{"rendered":"<p>The Indian fintech ecosystem was ranked third globally in funding received in 2024, trailing only the US and the UK despite a 33 per cent decline in the amount invested or deal value and a 29 per cent fall in total funding rounds or deal volume compared to 2023. According to the data shared by market intelligence firm Tracxn, fintech investments dropped to $1.9 billion in 2024 from $2.8 billion in 2023 and $5.6 billion in 2022, largely owing to a broader switch in investors\u2019 sentiment towards a healthy bottomline in emerging technology businesses, the overall slowdown in demand globally, and other geopolitical headwinds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian fintech ecosystem was ranked third globally in funding received in 2024, trailing only the US and the UK despite a 33 per cent decline in the amount invested or deal value and a 29 per cent fall in total funding rounds or deal volume compared to 2023. According to the data shared by market intelligence firm Tracxn, fintech investments dropped to $1.9 billion in 2024 from $2.8 billion in 2023 and $5.6 billion in 2022, largely owing to a broader switch in investors\u2019 sentiment towards a healthy bottomline in emerging technology businesses, the overall slowdown in demand globally, [&hellip;]<\/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":[63,4,12],"tags":[],"class_list":["post-895604","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/895604","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=895604"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/895604\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=895604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=895604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=895604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}