Fintech investors pause for breath (KPMG International Cooperative)
(WorldNews Netherlands)

(Source: KPMG International Cooperative) Global investment into fintech companies was down across the board in 2016 as political uncertainty heated-up and the fintech hype cooled, according to KPMG International`s The Pulse of Fintech - a quarterly report on global fintech investment. After 2015`s record-setting US$46.7 billion in total global funding to fintech companies, 2016 experienced a decline in the market with a 47.2% slide in fintech investment globally. In the UK, tallying up both M&A and venture investment, it is clear that there was a distinct decline between 2015 and 2016 in activity. Overall investment in UK fintech companies fell more than 85% with deal value down from $4.6...