In Q2’16, global funding to VC-backed fintech companies dropped substantially. Despite this quarter’s decline, funding is on pace to exceed 2015 investment levels.
In this quarter’s The Pulse of Fintech Report we examine the key trends, diverse opportunities and challenges related to fintech in Asia, North America and Europe. As a part of our analysis, we explore answers to a number of questions,including:
Funding to VC-backed fintech companies hit $2.5B across 195deals in Q2’16. Total fintech funding, including activity by angels,PE firms, mutual funds and hedge funds, reached 374 deals and hit$9.4B, driven primarily by China’s Ant Financial deal, worth $4.5B.
Learn more about global VC FINTECH activity, download the full report – The Pulse of Fintech Q2’16
Fintech funding in North America declined in Q2’16 — from $1.8 billion to $1.3 billion — despite an uptick in overall VC funding in the regionduring the quarter. A lack of fintech mega-deals likely kept total deal value down in tandem with investor concerns regarding fintech business models and paths to profitability.
For more analysis of North America VC fintech activity, download the full report – The Pulse of Fintech Q2’16 North America
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 mind-set match the companies we serve: entrepreneurial, hands-on, proactive, visionary, and dedicated.
For further analysis of global and regional venture capital activity and trends, contact our professionals in the VC practice. Visit www.kpmg.com/us/venturecapital