Fintechs are having a tough time, but there are still some bright spots. 2 top investors highlight under-the-radar areas

• US fintechs have raised roughly $28 billion this year, lagging well behind 2021.
• Most investments have gone to consumer payments, banking, and crypto.
• Two top investors highlighted areas they think aren’t getting enough attention. 

Payments and lending are receiving a lot of hype from venture capitalists, but two investors say that needs to change.

Through three quarters this year, US fintechs have raised roughly $28 billion, according to CB Insights. That’s lagging well behind 2021, which saw more than $46 billion raised by US fintechs at this point last year. Most of this year’s money has flowed into mobile payments, cryptocurrency, and consumer banking. 

But some investors want to see more funding and brain power put behind other areas.