.jpg){kind=avatar}
Fintech companies raised a total of $31b in 2017, favorable to the $25b raised in 2016 but well below the record $47b raised in 2015. Insurtech and blockchain startups saw the largest increases.
Geographically, the US saw almost half of the 2017 global total, with $15.2 billion raised for the year. M&A accounted for the majority of this funding, with US$8.7 billion in deals in 2017. Investment in Europe reached $7.44 billion, while Asia saw a big drop off to $3.85 billion, down from more than $10 billion in 2016. The number of PE deals reached a record high of 139 in 2017, providing $17 billion in investment. Corporate participation in VC deals also soared, to 19%, although the amount actually invested was down significantly, from $9.6 billion in 2016 to just $5.4 billion in 2017.
https://www.finextra.com/newsarticle/31672/global-fintech-funding-holds-steady-in-2017
