PitchBook-FinovateFall展示人工智能和银行技术（英）

1PitchBook Data, Inc.Nizar Tarhuni Executive Vice President of Research and Market IntelligencePaul Condra Head of Emerging Technology ResearchInstitutional Research GroupAnalysisEMERGING TECH RESEARCHFinovateFall Showcases AI and Bank TechA summary of key themes, dialogues, startup demos, and our briefingsPitchBook is a Morningstar company providing the most comprehensive, most accurate, and hard-to-find data for professionals doing business in the private markets.ContentsPublished on September 26, 2024pbinstitutionalresearch@pitchbook.comPublishingDesigned by Chloe LadwigConference overview1Deal environment1AI is becoming a norm in fintech2Bank tech and regtech in the spotlight4Conference overview FinovateFall is a three-day annual conference in New York City. This year’s event, held from September 9 to September 11, brought together over 2,000 senior-level attendees, with more than half from banks and financial institutions.1 Like FinovateSpring 2024 in May, the conference featured seven-minute demos from 67 fintech startups focusing on solutions in banking technology (bank tech), regulation technology (regtech), and AI. The agenda also included keynotes, panels, and breakout sessions on major fintech trends. Key themes, similar to those at FinovateSpring 2024, included banking, compliance, generative AI, instant payments, and open banking. This note recaps the standout themes and demos from FinovateFall 2024.Deal environment• Fintech VC investment is still soft, but bright spots exist. While the fintech startup fundraising environment remained soft in H1 2024, we continue to observe positive signals. Our data shows that fintech VC funding recovered in Q2 2024 to $9.8 billion, which is up 64.9% YoY and 104.8% QoQ, driven by large deals closed for Abound, Clear Street, AlphaSense, and Monzo. VC deal count was more mixed with 503 deals recorded in Q2 2024, which is down 6.5% YoY but up 4.6% QoQ. There were also notable deals announced in August and September, such as GCash’s $788.4 million late-stage round, Stori’s $212.0 million late-stage round ($105.0 million in equity and $107.0 million in debt), and Finally’s $200.0 million Series B ($50.0 million in equity and $150.0 million in debt). Additionally, new fintech funds have launched, including Pruven Capital’s newly closed $378.5 million Fund II, MiddleGame Ventures’ Fund III ($57.6 million raised out of a $166.2 million target), 13books Capital’s $154.4 million Capital Fund II, and Luge Capital’s $70.7 million Fund II.1: “Why the Finovate Audience Is Unique,” Informa Connect, n.d., accessed September 18, 2024.Rudy Yang Senior Analyst, Emerging Technology rudy.yang@pitchbook.comJames Ulan Lead Analyst, Emerging Technology james.ulan@pitchbook.com2PitchBook Analyst Note: FinovateFall Showcases AI and Bank Tech• Core fintech sectors are still attractive to investors. While deal activity has generally slowed due to lower capital availability—as well as more stringent due diligence from inves