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Fintech Funding: Tough 2023 attributed to ‘cautious’ VCs, high interest rates

Hoca

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Fintech valuations and funding rounds had a tough year in 2023 as high interest rates pushed investors into capital conservation mode. In 2023, “VCs were just trying to protect their own portfolios and be cautious with their investments,” Robin Scher, head of fintech investment at Lloyds Bank, said at FinovateEurope last month. “Fintechs that raised […]
 
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