Global Fintech Funding Hit $105 Billion In 2020 albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
VC investment in fintech doubles in H2 2020: KPMG
MANAMA, 1 days ago Overall global fintech funding across M&A, PE and VC was $105 billion across 2,861 deals in 2020: the third highest level of investment in fintech ever, said professional services firm KPMG in a new report. With the exception of M&A – which saw deal value drop over 50 percent (from $130 billion in 2019 to $61 billion in 2020) – the overall fintech market proved remarkably resilient in 2020 despite a broad array of uncertainties, from the global pandemic to the US presidential election, according to the Pulse of Fintech H2 20, the bi-annual report on global fintech investment trends.