What's Ahead for Fintech in 2017?

Investment in the sector is declining, but tech developments are accelerating. According to data from Thomson Reuters, U.S. fintech investments reached $4.27 billion in 2016, which was down 30 percent from 2015. The amount of investment declined in large part because of uncertainty about the presidential election and smaller deal sizes, according to data provider CB Insights and consultancy KPMG. Payments and lending remain the leading fintech subsectors across the globe, say CB Insights and KPMG, and continue to earn considerable attention from venture capital investors despite some signs of market saturation. Other areas, including blockchain, data and analytics, regulatory tech and insurance tech are gaining more attention.