A number of $100 million+ megadeals drove fintech investment globally during Q3’17. While many of the largest deals occurred in the United States (e.g. Intacct — $850 million, CardConnect — $750 million, Xactly — $564 million, etc.), companies in China, Germany and Canada were also among the top 10 global deals this quarter.
Global analysis of
investment in fintech
7 November 2017
Welcome to the Q3'17 edition of KPMG's Pulse of Fintech a
quarterly report highlighting the key trends and issues facing the
fintech market globally and in key regions around the world.
Fintech investment remained strong for the quarter, with investor
sentiment around fintech positive across the Americas, Asia
A number of $100 million+ megadeals drove fintech investment
globally during Q3'17. While many of the largest deals occurred in
the United States (e.g. Intacct $850 million, CardConnect
$750 million, Xactly $564 million, etc.), companies in China,
Germany and Canada were also among the top 10 global deals
Insurtech is expected to see record levels of funding by the end of
2017, while blockchain technologies continue to see a significant
amount of buzz. With some indications that production-capable
blockchain solutions may be closer than envisioned even from
the start of the year financial institutions are increasingly working
to understand and leverage potential technologies. Artificial
intelligence (AI), robo advisory and regtech remained hot in more
mature fintech markets, while mobile banking services spurred
investment in less developed jurisdictions.
Looking ahead, the fintech sector is expected to continue to evolve
rapidly with many companies, including both mature fintechs and
large e-commerce players, looking to diversify into adjacent
services. The imminent implementation of PSD2 in Europe and new
regulatory guidance in Asia could also drive additional activity.
We examine these trends and other issues in this quarter's
report, in addition to discussing a number of key questions
driving investment and investor interest in the fintech market
What will the next evolution of the fintech market look like?
Are Asia-based fintech hubs set to become the base for
Is blockchain truly on the cusp