| Hi, Agen. Despite its status as the sector with the highest count of companies on The Crunchbase Unicorn Board, the fintech sector is still making its way through the slowdown of the 2021 market peak. We take a look at what happened in the sector in the second quarter of 2024. Plus, startup funding in Texas is on track to come in below last year’s numbers, but there’s room for optimism. As one of the sectors that raised the most in the peak market of 2021, fintech has since declined at a greater rate than overall global funding. Nonetheless it still counts as the sector with the largest number of private companies valued over $1 billion and with an expectation that some well-branded fintechs could plan to list — or merge — in the next year or so. Related Crunchbase Pro lists: • Funding to Financial Services Companies in 2024 • Fintech Unicorns Funding to Lone Star State startups in 2024 is on track to decline year over year, even as overall U.S. venture funding has been perking up. But there’s room for optimism that higher investment lies ahead along with the possibility companies may move their headquarters to Texas — particularly the case for those associated with Elon Musk. Related Crunchbase Pro lists: • Texas Startup Funding • Austin And Surrounding Cities Startup Funding It’s been a bumpy road for Web3 startups the last year-plus. However, for the second consecutive quarter startups saw a slight increase in the amount of cash they raised — including a few big rounds. Related Crunchbase Pro list: Funding To VC-Backed Web3 Startups See also: The Crunchbase Web3 Tracker This week’s column looks at Microsoft’s failing efforts to avoid more scrutiny involving its AI dealings, and legal tech’s funding explosion thanks to AI. Related Crunchbase Pro list: Legal Tech Funding | 
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