U.S. Fintech Funding And Deal Volume Drop Significantly In 2016: KPMG Q4´16 Pulse Of Fintech Report (KPMG International Cooperative)
(WorldNews Netherlands)

(Source: KPMG International Cooperative) Total funding for U.S. fintech companies and deal activity dropped significantly in 2016, down to $12.8 billion from $27 billion in 2015, a result of political and regulatory uncertainty, a decline in megadeals and investor caution, according to KPMG`s Q4 2016 The Pulse of Fintech report. Despite the drop in total funding for U.S. fintech, 2016 was the third strongest year for fintech investment and second highest year for Venture Capital (VC) fintech investment. On a global basis, total fintech funding...