About $945.6 million flowed into fintech in the third quarter of 2016, according to Dow Jones VentureSource, a 57% drop from the same period a year ago, when VCs deployed $2.2 billion into the broader sector, according to Dow Jones VentureSource. The amount invested in the most recent quarter was also down from the second quarter, when fintech companies raised $1.04 billion. Investment in insurance technology companies is on the rise. VCs put $167 million to work in insurance in the third quarter. The sector saw more funding in each of this year’s quarters than in any of the similar periods last year.

http://www.wsj.com/articles/fintech-investment-slides-as-insurance-tech-gains-1476359450