Welcome to the 2nd edition of The Pulse of Fintech report. The series leverages Q1’16 quarterly VC data on deals and funding within the fintech industry, from CB Insights, and includes analysis and regional perspectives from KPMG Enterprise and the KPMG Fintech Global Network. It also includes overviews from global and regional perspectives, including North America, EMA and ASPAC.
Highlights from The Pulse of Fintech Q1’16 report
Global investment in private fintech companies totaled $5.7 billion in Q1’16, with $4.9 billion invested in VC-backed fintech companies across 218 deals, a 96% jump compared to the same quarter last year. The rise in funding was fueled by 3 mega-rounds which accounted for 54% of VC fintech investment in Q1’16. Overall, mega-rounds lifted quarterly investment into VC-backed fintech companies by over 150% this quarter.
The report also uncovered the following trends:
Gain more insight into Q1'16 fintech VC activity in The Pulse of Fintech report