Nov 07, 2017
From the Global Enterprise Institute
The U.S. accounted for the vast majority of global fintech investment at $5 billion across 142 deals in Q3'17.
Highlights from The Pulse of Fintech Q3 2017
- Total investment in fintech in the U.S. rose for the second straight quarter, while the total number of fintech deals remained steady. While VC funding to fintech companies dipped slightly in Q3’17, it remained solid next to previous quarters.
- Robo advisory remained a big bet in the U.S. during Q3’17 with the use of hybrid (i.e. human and technology) models gaining more traction over pure robo advisory. Blockchain, regtech, artificial intelligence and insurtech also remained high on the investment radar during Q3’17, in addition to back office and B2B services.
- First-time financings for fintech companies in the U.S. bucking global trends. While the total number of first-time financings for fintech companies in the U.S. is likely to remain down, the total capital invested was on track to exceed 2016’s total by a fair margin at the end of Q3’17.
For in-depth analysis and additional insights on fintech investment for the quarter,
The Pulse Series
Venture Pulse and The Pulse of Fintech
KPMG’s Pulse Series of quarterly reports analyze the latest global and regional investment trends and insights. Included in the reports are comprehensive analyses on the lifecycle of venture capital investments as well as overall fintech investment across the Americas, Europe, and Asia. Each quarter we share the latest valuations, financing, deal sizes, mergers & acquisitions, exits, corporate investment, and industry trends.
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