Table 6 Summary statistics of FinTech companies receiving funds by date of foundation
From: Entrepreneurial, institutional and financial strategies for FinTech profitability
T | % FinTech raising funds | % FinTech raising funds by venture capital | % FinTech raising funds by capital seed | % FinTech raising funds by debt financing | % FinTech raising funds by equity crowdfunding |
|---|---|---|---|---|---|
1 | 11.83 | 2.96 | 7.69 | 0.00 | 0.00 |
2 | 14.11 | 4.12 | 7.65 | 1.18 | 1.18 |
3 | 15.33 | 4.67 | 5.33 | 1.33 | 0.67 |
4 | 13.95 | 4.65 | 3.88 | 2.33 | 0.78 |
5 | 14.86 | 4.26 | 3.19 | 1.06 | 0.00 |
Mean T1–T5 | 13.90 | 4.07 | 5.90 | 1.12 | 0.56 |