Bengaluru among top five global cities for fintech VC investment despite pandemic
New Delhi, Nov. 1 -- As coronavirus drives accelerated adoption of fintech products and services; investors are continuing to pump money into fintech companies in the UK and India. According to the latest data from London & Partners and Dealroom.co, London's fintech sector has attracted $3.6bn in VC investment between January and September 2020, coming in second globally.
Bengaluru takes the fifth spot in the global ranking with $900m in fintech VC investment. On the other hand, New Delhi comes in eleventh with $400m invested so far this year. Investors have demonstrated confidence in the fintech sector. Thus, the UK capital takes the top spot for the deal count, with 169 deals so far this year; while Bengaluru comes in fifth globally wi...
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