After a record-setting 2018, the first half of 2019 got off to a quiet start for fintech investment globally – mirroring a trend seen in the broader venture capital market. Both the number of global fintech deals and the total global investment in fintech dropped in H1’19, raising $37.9 billion across 962 deals, driven by the lack of mega deals seen in 2018. That said, the fintech market in most areas of the world remained relatively strong and well poised for growth.
In H1 2019, the UK attracted $3.06bn of new funding into the fintech sector. Meanwhile, we've seen global investment drop from $62.8bn in H1 2018 to only $37.9bn mid-way through 2019. #FintechPulse launches today: https://t.co/u1zcCBEC1i pic.twitter.com/7iAwYFPF4q
— KPMG in the UK (@kpmguk) July 31, 2019
View the full report for more details including key topics that are driving interest in the fintech market today, such as:
What is driving the strength of Europe’s fintech market?
What are wealthtech and proptech – and how are they evolving into key areas of investment?
How is cross-border investment propelling the fintech industry forward?
How are regulatory changes in China impacting fintech investment?
Source: KPMG
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
As Technology Evolves, Asset Managers Adapt and Innovate
Citi Changes Organizational Structure
SEC Charges Virtu for Disclosures Relating to Information Barriers
ICE Futures Singapore Partners with CoinDesk Indices
Related articles
-
This addresses the shortcomings of applying LLMs in regulated markets, including hallucinations.
-
HQLAX optimises liquidity management and collateral management.
-
DLT has the potential to make markets more efficient, transparent and resilient.
-
Market participants across the globe face a growing list of challenges in trade settlement.
-
The bank will use its new system to deploy AI applications and manage AI infrastructure.