Funding for the worldwide funds business in Q2 2022 skilled its largest quarterly decline since 2020. That is in accordance with a analysis report by CB Insights, titled “State of Funds Q2’22.”

Based on the report, international funds funding dropped to $5.1 billion, its lowest stage since This fall 2020, down 43% from Q1 2022. The variety of offers decreased 18% from the earlier quarter to 256.

The CB Insights report addressed unicorns, personal corporations valued at $1 billion or increased. In Q2 2022, seven new payments-related unicorns had been born, rising the worldwide quantity to 96.

Based on a report by Insider Intelligence, the amount of US B2B cost transactions is anticipated to extend 7.8% year-over-year this yr, reaching roughly $28 trillion.

Celent is a US-based analysis and advisory agency centered on international monetary know-how. Celent surveyed banks in 2021 to create a worldwide “State of the Nation” report for non-card funds modernization, asking financial institution executives about the way forward for deployment strategies.

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