Covid-19 has caused some fintech investors to pull back, but some have continued cutting checks. We take a look at the top VCs that have remained active from Q2'19 to Q2'20.
Though fintech funding rebounded in Q2’20, up 17% quarter-over-quarter, deal count took a hit, plunging to a recent low of 397 rounds.
download the STATE OF FINTECH Q2 2022 report
However, some investors continued to bet on the fintech sector — we take a look at the top VCs that were most active over Q2’19 to Q2’20, ranked by the number of unique fintech company investments.
Sequoia Capital, which includes its US, China, and India funds, was the most active VC investor across this time period, inking deals to startups including:
- Stripe, an online payment processing startup that raised a $600M Series G tranche in April
- Robinhood, a retail trading platform valued at $8.6B
- NuBank, a Brazil-based challenger bank that raised a $300M VC round in June
Rounding out the top 5 VC investors are 500 Startups, Ribbit Capital, Accel, and Global Founders Capital.
The largest rounds of the quarter went to Stripe and Robinhood, which each raised $600M.
For all of the underlying data and insights, check out our State Of Fintech Q2’20 Report: Investment & Sector Trends To Watch.If you aren’t already a client, sign up for a free trial to learn more about our platform.