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    • Fintech companies raised a record $39.6 billion in 2018
      29 Jan 2019—CNBC
      Eric Jing, CEO of Ant Financial Venture capital-backed financial technology companies raised a record $39.57 billion from investors globally in 2018, up 120 percent from the previous year, according to research by data provider CB Insights published on Tuesday. Funding was raised through 1,707 deals, up from 1,480 in 2017, the research said. The surge in funding was due in large part to 52 mega-rounds, or investments larger than $100 million, which were worth $24.88 billion combined, the...

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