Given the significant interest in fintech globally, and its ongoing evolution in terms of market drivers, technologies and potential use-cases, KPMG brings you the pulse of fintech investment globally. In this publication, we highlight key fintech deals, issues and challenges seen around the world, in addition to key trends and insights related to fintech in key regions, including the Americas, the US, Asia, and Europe.

Despite a third straight quarter of decline in total global fintech deal volume, total investment rose slightly in Q4'17. A number of large deals helped to buoy investment levels, including the buyuot of Bankrate and the acquisitions of Bluepay and Trayport. The fintech market as a whole continued to mature during 2017, with global investors no longer just getting their feet wet within the fintech market, but making more targeted investments focused on value and long-term sustainability. Despite the narrowing focus on the part of investors, total global investment in fintech remained steady at over $31 billion, year-over-year.

In addition to discussing these and other trends, we examine a number of questions in this quarter’s report that are driving interest in the fintech market today, including:

• Why is the fintech market so resilient?
• How are corporates leveraging fintech to expand into adjacencies?
• Why are fintechs shifting their focus to B2B?
• How are regulators responding to fintech in different regions?

The Pulse of Fintech Q4 2017