Financing fintech

It has been a good few years for fin­tech, with the sec­tor attract­ing increas­ing lev­els of invest­ment and inter­est. The total financ­ing vol­ume in the first quar­ter of 2022 reached $37.4bn, the third largest lev­el ever, behind Q2 and Q3 of 2021. So where is the mon­ey com­ing from and, per­haps more impor­tant­ly, where is it going to?