Fintech Investors Are Still Funding: How B2B Fintech Unlocks Capital

Fintech funding for the first three quarters of 2023 dropped to $29 billion, compared to a record high of $54 billion during the same time last year, as reported by S&P Global. This decline in funding has led to a renewed focus on business-to-business (B2B) fintech, with female entrepreneurs spearheading a shift in market strategies to capture investment opportunities.

While female founders make up 40% of new business founders in the United States, they receive only a fraction of the available venture capital funding. In 2022, startups led by at least one female founder secured 17.2% of venture capital funds, dropping to 1.9% for all-women founding teams. This glaring disparity underscores the urgent need to address this issue, especially considering the potential for female entrepreneurship to contribute $5 trillion to the global GDP.