United States

The Pulse of Fintech Q3 2017

Nov 07, 2017
From the Global Enterprise Institute

The Pulse of Fintech Q3 2017
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,

READ THE LATEST REPORT: The Pulse of Fintech Q3 2017

 

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.

SUBSCRIBE TO THE PULSE SERIES to receive the latest news and information on venture and fintech investment delivered directly to your inbox.

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.