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RSS FeedsGlobal fintech investment sees sharp decline in 2016 despite record VC funding: KPMG Q4´16 Pulse of Fintech Report
(WorldNews Netherlands)

 
 

24 february 2017 13:27:16

 
Global fintech investment sees sharp decline in 2016 despite record VC funding: KPMG Q4´16 Pulse of Fintech Report
(WorldNews Netherlands)
 


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, according to KPMG International`s The Pulse of Fintech - a quarterly report on global fintech investment. The 2016 fintech funding total of $24.7B was still significant compared to pre-2015 investment levels.* Merger and acquisitions (M&A) and private equity (PE) fintech deals dropped considerably in 2016, while venture capital (VC) investment reached a new high of US$13.6B compared to US$12.7B in 2015. Three Chinese mega-rounds buoyed global fintech funding significantly, led by the Q2`16 Ant Financial record-setting...


 
3 viewsCategory: General > Europe > Netherlands
 
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