According to KPMG's Pulse of Fintech report for the second half of 2024, global investments in fintech startups have seen a significant uptick, reaching $25.9 billion in the fourth quarter. While this figure is still shy of the enthusiasm seen in 2021, venture capitalists continue to bet big on the space.

Several prominent venture capital firms, including Infinity Ventures, Better Tomorrow Ventures, The Fintech Fund, TTV Capital, and QED Investors, remain bullish on fintech startups. These firms have collectively invested hundreds of millions of dollars in fintech companies globally, with a focus on early-stage investments.

Infinity Ventures, a three-year-old early-stage venture firm, has raised a $184 million Fund II, bringing its total assets under management to over $350 million. The firm's focus is on B2B fintech and commerce enablement, with notable investments in Rainforest, Pagos, and Mendel. Its average check size ranges from $1-2 million pre-seed to $5-10 million Series A.

Better Tomorrow Ventures, founded in 2019, has $225 million in assets under management and leads rounds in pre-seed and seed-stage fintech companies globally. The firm's average check size ranges from $500,000 to $4 million, with notable investments in Unit, Relay, Coast, and Mendel. Co-founder Sheel Mohnot advises founders to find creative ways to get in front of the firm, citing the effectiveness of cold emails.

The Fintech Fund, founded in 2022, has closed its second $10 million fund and invests in fintech companies globally at the pre-seed and seed stages. The firm's average check size ranges from $200,000 to $400,000, with notable investments in Rainforest, Unit, Cascading AI, and Ansa. Founder Nik Milanović emphasizes the firm's hands-on approach, providing founders with access to a community of investors, newsletter readers, and angel syndicate members.

TTV Capital, an Atlanta-based firm, has over $750 million in assets under management and focuses on traditional fintech, fintech-enabled businesses, and the "future of fintech." Its average check size ranges from $2 million to $8 million, with notable investments in Green Dot, Bill.com, and Greenlight. Partner Lizzie Hartley advises founders to clearly articulate the problem they're solving and demonstrate customer benefit in initial pitch meetings.

QED Investors, a firm with over a decade of experience, has $4 billion in assets under management and exclusively invests in fintech companies at the pre-seed to Series A stages. The firm's average check size ranges from $15 million to $20 million, with notable investments in Credit Karma, Creditas, Nubank, and SoFi. QED is focused on embedded finance, cross-border payments, wealth management, and AI, with a global presence spanning the U.S., LatAm, Europe, Southeast Asia, Africa, and the Middle East.

The resurgence of fintech startup investments is a promising sign for the sector, which has faced challenges in recent years. As venture capitalists continue to bet big on fintech, it will be interesting to see how these investments shape the future of financial technology.

For more fintech news and insights, sign up for TechCrunch Fintech or reach out to the author with tips and story ideas.