The Pulse of FinTech – Q2 2016

The Pulse of FinTech – Q2 2016

Quarterly report highlights key trends and insights related to FinTech

Partner, Head of Technology & Media, Fintech Lead

KPMG in Ireland

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The Pulse of Fintech Q2 2016

The Pulse of FinTech is a quarterly report created by KPMG along with KPMG Enterprises Global Network for Innovative Startups and CB Insights (the go to name for insights related to venture capital investment) which launched on August 17th, 2016. The series analyses the latest global trends in venture capital investment data on the FinTech sector.

Given the significant interest in FinTech globally and in Ireland, and its ongoing evolution in terms of market drivers, technologies and potential use-cases, KPMG and CB Insights are partnering to bring you the pulse on FinTech investment globally. Each quarter, well highlight key FinTech deals, issues and challenges around the world, in addition to key trends and insights related to FinTech in key regions, including the US, Asia and Europe.

The Q2 report shows that amid a tougher climate for marketplace lenders and a drop in mega-round activity, investment to VC-backed FinTech startups fell 49 percent, but that despite this decline, VC investment in FinTech is on pace to exceed 2015 results. Overall global investment in FinTech companies across both venture-backed and non-venture-backed companies totaled USD$9.4 billion in Q216, buoyed by Ant Financials $4.5 billion financing. Q216 saw VC-backed FinTech companies raise $2.5 billion across 195 deals, a 12 percent drop in deal volume compared to Q116.

This quarter, the quarter also examines key global trends along with whats happening in FinTech within key regions and will explore answers to a number of questions including:

  • What areas of FinTech are gaining momentum around the world?
  • How is the definition of FinTech continuing to evolve?
  • What are the recent developments around regulatory frameworks?
  • What is driving VC investment in InsurTech? 

 

See the full report for details. 

© 2016 KPMG, an Ireland partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.

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