Fintech investments take a knock | ITWeb

Last year saw a drop in the global fintech investment market, with a 47% slide in investment from 2015, says KPMG..

KPMG also notes global venture investment in Bitcoin and blockchain technologies reached a high of $543.6 million in 2016, compared to $441 million in 2015. However, the deceleration in the deal count of 132 versus 191 deals closed in 2015 likely signifies that some initial hype in blockchain is fading and greater evidence of robust applications will be required for future investment, it adds.

More at: Fintech investments take a knock | ITWeb

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