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Business Insider Intelligence
In recent years, we've seen a ballooning of activity in fintech — an expansive term applied to technology-driven disruptions in financial services. And 2018 has been no different, with fintechs' staggering influence on the market evidenced by record funding levels for the industry — by Q3 2018, overall funding was already up 82% from 2017’s total figure, according to CB Insights.
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See Also:
- Robinhood has raised an additional $320 million despite recent setbacks
- Chase's mobile banking user growth decelerated in Q2 2020 despite lockdown measures
- Onfido posted a successful Q2, with US sales accelerating 264% YoY
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