Welcome to the Q1’17 edition of KPMG International’s Pulse of Fintech report, in which we explore global trends and deal activity within fintech.
Globally, fintech investment held relatively steady as the market undertook a reset following a year of uncertainty across North America, Europe and Asia. Mergers and acquisitions (M&A) remained low following a major drop off in Q4’16, while venture capital (VC) funding to fintech took a small dip quarter over quarter. Meanwhile, private equity (PE) investment and deal activity rose slightly.
Corporate investors continued to drive fintech investment, with banks, insurance companies and other financial institutions recognizing the need to innovate and making investments accordingly. This quarter, corporates moved beyond traditional direct VC fintech investment and looked towards building partnerships and alliances with fintech companies in order to achieve their objectives.
Source : KPMG