United States

The Pulse of Fintech Q2 2017

Aug 01, 2017
From the Global Enterprise Institute

Overall fintech funding in the U.S. grew to $2 billion – up $500 million from Q1’17.

Highlights from The Pulse of Fintech Q2 2017

  • U.S. venture capital (VC) funding accounted for over $1.5B across 104 deals, 2nd-strongest quarter ever for VC investment in fintech.

  • Total fintech investment in the U.S. rose during Q2’17, assisted by a strong increase in VC funding during the quarter.

  • Fintech investment in the U.S. experienced a shift in Q2’17, with investor interest focusing on fintechs that help to improve the effectiveness and efficiency of mid and back office functions, as compared to customer-facing, front office solutions.

>> Read the latest report: The Pulse of Fintech Q2 2017
 
>> Learn more about KPMG's quarterly Pulse Series, click here
 
Pulse of Fintech Q2 2017 infographic

For more information about investment trends in fintech, visit KPMG's Venture Capital practice

KPMG’s Venture Capital (VC) practice offers a range of audit, tax and advisory services tailored to help venture-backed companies navigate each stage of development—from idea through exit. We use our knowledge of the VC ecosystem to help entrepreneurial ventures simplify the complex challenges of creating the technologies of tomorrow in highly competitive industries, while also meeting diverse regulatory, compliance, and financial reporting requirements. Our VC clients collaborate with a global network of KPMG professionals who understand the marketplace challenges facing start-ups and growth companies. Our passion and mindset match the companies we serve: entrepreneurial, hands-on, proactive, visionary, and dedicated.