A total of $520 million was invested in financial services startups last quarter, up from $289 million during the last quarter of 2014 and $321 million, in the same quarter last year — a 62% year-over-year increase — according to new data from PricewaterhouseCoopers’s MoneyTree report. By comparison, venture funding overall fell to $13.4 billion last quarter, from $14.9 billion the previous quarter, although 26% higher than in 1Q14. In all, PwC recorded 16 financial services funding rounds last quarter, compared to 14 during the previous quarter.

http://bankinnovation.net/2015/05/venture-funding-for-fintech-climbs-62-yoy-new-data-shows/