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Home » Under the Hood: Auto fintech investments slump in 2022

Under the Hood: Auto fintech investments slump in 2022

Venture capitalists pumped $1.2 billion into auto fintechs in 2022

Marcie BellesbyMarcie Belles
January 29, 2024
in Under The Hood
Reading Time: 4 mins read
0
Under the Hood: Auto fintech investments slump in 2022

Venture capitalists pumped $1.2 billion into auto fintechs in 2022, but that investment volume amounted to only half of the prior year’s total, according to an Auto Finance News analysis of public deals.   Although the number of fintechs that scored funding grew last year, the average investment size shrank by nearly two-thirds. Last year’s 29 […]

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