Q2 fintech funding: LatAm, Caribbean more than doubles while payments takes a big hit

CB Insights released its Q2 State of Fintech report last week, and unsurprisingly, global funding in the space was down — plunging by nearly half to $7.8 billion, its lowest level since 2017.
But at least one region didn’t have a bad quarter.
Latin America experienced a surge in global investor interest in recent years but just as other regions globally, it has experienced a dip in venture funding.
VC investors deployed $7.8 billion across a record 1,114 deals in Latin America in 2022, down from $15.9 billion in 2021, according to The Association for Private Capital Investment in L

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