Total financial services industry venture financing deals worth $423.5m were announced in North America in August 2022, led by $63m venture financing of Wise, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked a decrease of 58.1% over the previous month of $1.01bn and a drop of 70.6% when compared with the last 12-month average of $1.44bn.

North America held a 32.83% share of the global financial services industry venture financing deal value that totalled $1.29bn in August 2022. With a 32.14% share and deals worth $414.61m, the US was the top country in North America’s venture financing deal value across financial services industry.

In terms of venture financing deal activity, North America recorded 37 deals during August 2022, marking a decrease of 5.13% over the previous month and a drop of 15.91% over the 12-month average. The US recorded 33 deals during the month.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

North America financial services industry venture financing deals in August 2022: Top deals

The top five financial services industry venture financing deals accounted for 46.8% of the overall value during August 2022.

The combined value of the top five financial services venture financing deals stood at $198m, against the overall value of $423.5m recorded for the month.

The top five financial services industry venture financing deals of August 2022 tracked by GlobalData were:

1) FTV Capital and Headline Ventures $63m venture financing deal with Wise

2) The $42m venture financing of Fairmatic by Aquiline Technology Growth, Assaf Wand, Bill Tai, Foundation Capital, Jerry Yang and Oren Zeev

3) BH Digital, Eric Chen and Jump Crypto $40m venture financing deal with Injective Labs

4) The $30m venture financing of Central Payment Co by Castle Creek Capital and Launchpad Capital

5) Circle Ventures, Franklin Templeton, General Catalyst Partners, Gradient Ventures, Jump Capital, Samsung, Section 32 and Social Capital $23m venture financing deal with Spectral