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Investments in fintech start-ups and scale-ups return to $200+ billion

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Investments in fintechs have risen sharply over the past year despite the ongoing corona pandemic. In 2021 investors pumped more than $200 billion into start-ups en scale-ups active in the world of financial technology, according to research by KPMG. During the twelve months of 2021 more than 5,600 deals closed successfully – transactions of all shapes and sizes, from small investments in start-ups (seed investments) and investments in growing start-ups (series A or B investments) to investments in established players (series C or D investments) and complete acquisitions. In total, $210 billion was raised by fintechs worldwide, almost $90 billion more than the year previous but slightly less than the amount invested in 2019: $214 billion. European fintechs (in KPMG's report the region is combined with the Middle East and Africa, or EMEA) set a new record with total incoming investments of $77 billion.



Artificial Intelligence, IoT Startups Gaining in Global Insurtech Funding

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Investing in technology-oriented insurance ventures (insurtech) is clearly a global trend and almost half of all the money being poured into them globally is going into artificial intelligence and internet of things startups, new research finds. The research from Accenture, which includes an analysis of CB Insights data on 450 insurtech deals over the last three years, appears in a new Accenture report titled The Rise of InsurTech. The CB Insights data reveals that global insurtech investment totaled $1.7 billion in 2016 and both the volume and value of deals have almost doubled since 2014. While more than half of all deals still take place in the U.S., insurtech has gone global with the United Kingdom, Germany, China and India now being significant markets and other countries coming on. Only about 14 percent of the insurtech deals in 2016 had an insurance industry investor or partner, although the industry's participation has been rising every year.


Artificial Intelligence and Internet of Things Attract Almost Half of InsurTech Funding Globally in 2016, According to Accenture Research

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The research, which includes new analysis of CB Insights data on 450 insurtech deals over the last three years, appears in a new Accenture report titled "The Rise of InsurTech." The report was released today in conjunction with Accenture's Fintech Innovation Lab in London, which for the first time includes a dedicated insurtech stream comprising leading industry startups. According to the report, the combined number of deals across AI (including automation) and the IoT (including connected insurance) increased 79 percent in 2016. Even though the two technologies represented only one-quarter (24 percent) of the 216 insurtech deals globally last year, they accounted for 44 percent or US$711 million of total insurtech investment – compared with just 10 percent of global insurtech investment in 2015. "We've seen a rapid acceleration of investment into and deal activity around intelligent automation and IoT start-ups over the last 12 months," said Roy Jubraj, a co-author of the report and Accenture's Digital & Innovation lead in the company's Financial Services practice in the U.K. and Ireland.


April 2018 FinTech Funding – AI/ML, Remittance Topped the Charts

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In April 2018, FinTech startups across the globe raised $2.18 billion worth of VC investments across 107 deals. In terms of MoM growth, in April 2018, global FinTech funding witnessed a significant decline of 37.5% from the $3.49 billion raised in March 2018. The US continued to dominate the funding charts with $883.5 million, which was 41% of the global FinTech funding (by value) in April. Hong Kong comes second with a 29% ($625 million) contribution, with UK, India, and China contributing 14.4% ($300 million), 4% ($96.8 million), and 3.6% ($79 million) respectively. AI/ML segment led the funding race in March 2018 with $613 million in funding across only two deals.