Venture capital funding for digital banks is on the rise worldwide. In the third quarter of 2019, it amounted to 1.3 billion U.S. dollars alone, whereas global venture capital funding reached only 175 million U.S. dollars in the first quarter of 2017. Venture capital is a type of financing, provided to startup companies by investors.
Venture capital funding for digital banks worldwide from Q1 2017 to Q3 2019 (in million U.S. dollars)
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Forbes. (November 4, 2019). Venture capital funding for digital banks worldwide from Q1 2017 to Q3 2019 (in million U.S. dollars) [Graph]. In Statista. Retrieved May 23, 2022, from https://www.statista.com/statistics/1113167/venture-capital-funding-digital-banks-global/
Forbes. "Venture capital funding for digital banks worldwide from Q1 2017 to Q3 2019 (in million U.S. dollars)." Chart. November 4, 2019. Statista. Accessed May 23, 2022. https://www.statista.com/statistics/1113167/venture-capital-funding-digital-banks-global/
Forbes. (2019). Venture capital funding for digital banks worldwide from Q1 2017 to Q3 2019 (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 23, 2022. https://www.statista.com/statistics/1113167/venture-capital-funding-digital-banks-global/
Forbes. "Venture Capital Funding for Digital Banks Worldwide from Q1 2017 to Q3 2019 (in Million U.S. Dollars)." Statista, Statista Inc., 4 Nov 2019, https://www.statista.com/statistics/1113167/venture-capital-funding-digital-banks-global/
Forbes, Venture capital funding for digital banks worldwide from Q1 2017 to Q3 2019 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1113167/venture-capital-funding-digital-banks-global/ (last visited May 23, 2022)