Weaker fintechs face crisis to mature as Covid-19 casts shadow over funding

Aritra Chakravarty, founder of London-based online accounts and investments provider Dozens, admits it's a tough time to be seeking up to 15 million pounds ($19 million) for a start-up. "It's definitely a bearish market" said Chakravarty, who is seeking funding for Project Imagine, the company behind his fintech ventures.

He is looking to crowd funding and government-backed Covid 19-support schemes for technology firms to make up for any reticence from venture capital investors. Data suggest his caution is warranted......

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