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Techcrunch fire up their tableau and dig into the CrunchBase data around recent payment company funding. It is indeed interesting that VC funding has slowed in this sector. As our friend Mr. Harris (Bain) notes, perhaps the money is chasing an even hotter sector..... peer-peer lending.
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Over the past three quarters, the number of venture-backed payments companies has declined, tumbling from 59 startups in the third quarter of 2013 to just 41 companies in the second quarter of 2014, according to CrunchBase data.
http://techcrunch.com/2014/07/16/investors-cash-out-of-payment-technology-startups/
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