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Q2 2023
Retail Fintech Report
August 22, 2023
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This report was reuploaded on September 6, 2023, to update a data point on page 11.
Table of contents
This report was reuploaded on September 6, 2023, to update a data point on page 11.
Despite a deceleration, there's a path for retail fintech
The retail fintech slowdown has continued, according to our latest Emerging Tech Research. VC invested $1.9 billion across 188 deals in Q2, declines of 33.4% and 0.5%, respectively, from the previous quarter. Still, investors are eyeing emerging opportunities in the startups offering save now, buy later options for consumers, an idea that has its roots in Depression-era layaway programs.
Table of contents
| Vertical update | 3 |
| Q2 2023 timeline | 5 |
| Retail fintech landscape | 6 |
| Retail fintech VC ecosystem market map | 7 |
| VC activity | 8 |
| Emerging opportunities | 19 |
| Generative AI for retail fintech | 20 |
| Save now, buy later | 22 |
| Select company highlights | 24 |
| Streetbeat | 25 |
| Monarch | 26 |
| Accrue Savings | 27 |
| Appendix | 28 |